For Q3 FY2024 ended September 30, 2024, Fifth Third Bancorp reported revenue of $161 million, up 8.1% year-over-year. Net income was $165 million for the period ended March 31, 2026, down 68.0% year-over-year. Diluted EPS was $0.15 for the period ended March 31, 2026, down 78.9% year-over-year.
•Revenue increased 8.1% YoY to $161 million in Q3 FY2024.
•Net income fell 68.0% YoY to $165 million for the period ended March 31, 2026.
•Diluted EPS declined 78.9% YoY to $0.15 for the period ended March 31, 2026.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Fifth Third Bancorp is the bank holding company for Fifth Third Bank, National Association that provides a range of financial products and services in the United States. Its business is organized into three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The Commercial Banking segment offers credit intermediation, cash management, and financial services.
Its portfolio also includes lending and depository products, and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Its Consumer and Small Banking segment provides a range of deposit and loan products to individuals and small businesses.
Its portfolio also includes residential mortgage activities, including the origination, retention and servicing of residential mortgage loans, sales and securitizations of loans, and associated hedging activities, home equity loans and lines of credit, credit cards, automobile and indirect lending, and consumer lending services, and home improvement and solar energy installation loans through contractors and installers.
The Wealth and Asset Management segment provides various wealth management services, such as wealth planning, investment management, banking, insurance, trust, and estate services for for individuals, companies, and not-for-profit organizations.
Its portfolio also includes retail brokerage services for individual clients, and advisory services for institutional clients. Founded in 1858, Fifth Third Bancorp is headquartered in Cincinnati, Ohio.
Fifth Third Bancorp is the bank holding company for Fifth Third Bank, National Association, offering a broad range of financial products and services across the United States. Its operations are organized into three main segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The Commercial Banking segment provides credit intermediation, cash management, foreign exchange, international trade finance, derivatives, capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance. The Consumer and Small Business Banking segment offers deposit and loan products to individuals and small businesses, including residential mortgage origination and servicing, home equity loans, credit cards, automobile lending, and loans for home improvement and solar energy installation. The Wealth and Asset Management segment delivers wealth planning, investment management, banking, insurance, trust, and estate services, along with retail brokerage services.
Where is Fifth Third Bancorp (FITB) listed and in which currency?
Fifth Third Bancorp is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol FITB. Its shares are traded in US Dollars (USD), reflecting its primary listing in the United States. The company is headquartered in the United States and operates within the US financial system, making the US Dollar the natural currency for its stock trading and financial reporting.
What sector and industry does Fifth Third Bancorp (FITB) belong to?
Fifth Third Bancorp operates in the Financial Services sector, specifically within the Banks - Regional industry. As a regional bank, it focuses on providing banking and financial services to customers in specific geographic areas across the United States, rather than operating on a national or global scale like some larger money-center banks. This classification reflects its role as a regional bank holding company, with Fifth Third Bank as its primary subsidiary.
What are the main business segments of Fifth Third Bancorp (FITB)?
Fifth Third Bancorp's business is organized into three key segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The Commercial Banking segment serves business, government, and professional customers with lending, depository products, cash management, foreign exchange, trade finance, derivatives, capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance. The Consumer and Small Business Banking segment provides deposit and loan products to individuals and small businesses, including residential mortgage origination and servicing, home equity loans, credit cards, automobile lending, and loans for home improvement and solar energy installation. The Wealth and Asset Management segment offers wealth planning, investment management, banking, insurance, trust, and estate services for individuals, companies, and not-for-profit organizations, along with retail brokerage services.
What types of loans does Fifth Third Bancorp (FITB) offer?
Fifth Third Bancorp offers a wide variety of loan products across its business segments. In the Consumer and Small Business Banking segment, it provides residential mortgage loans (including origination, retention, and servicing), home equity loans and lines of credit, credit cards, automobile and indirect lending, and consumer lending services. Notably, it also offers loans for home improvement and solar energy installation through contractors and installers. In the Commercial Banking segment, it provides lending products such as asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. These loans are part of the company's broader credit intermediation activities.