Fifth Third Bank
Financial Performance
Fifth Third Bank Revenue & Financials
Revenue
$8.4B (FY2024)
Employees
19,800
What is Fifth Third Bank's revenue?
Fifth Third Bank had $8.4B in revenue for fiscal year 2024, down 3.4% from 2023.
- Latest revenue
- $8.4B (FY2024)
- Year-over-year
- -3.4%
- Growth rate (CAGR)
- 2.1% over 3 years
- Peak revenue
- $8.7B (FY2023)
- Years of data
- 4
- Employees
- 19,800
- How many employees does Fifth Third Bank have?
- Fifth Third Bank has about 19,800 employees.
Financial Analysis
Fifth Third delivered total revenues of $8.4 billion in 2024, demonstrating resilient net interest income and double-digit expansion in commercial payments and treasury management fees. Supported by a robust Common Equity Tier 1 (CET1) capital ratio exceeding 10.5%, Fifth Third has maintained continuous dividend growth and disciplined share repurchases, earning top-quartile return on tangible common equity (ROTCE) among regional peers while managing credit provisions prudently.
Revenue Trend Analysis
YoY Change
-3.4%
3-Year CAGR
+2.1%
Peak Year
2023
Trend
Mostly Growing
Fifth Third Bank has 4 full fiscal year figures on this page, compounding at +2.1% annually over 3 years. The most recent year saw a 3.4% decline versus the prior year. Annual revenue peaked in fiscal year 2023 at $8.7B. Of 3 comparable year-over-year steps, 2 showed growth and 1 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | $8.4B | -3.4% |
| FY2023 | $8.7B | +4.8% |
| FY2022 | $8.3B | +5.1% |
| FY2021 | $7.9B | — |
Click any row to see year details.
Keep researching Fifth Third Bank
Fifth Third Bank Revenue and Financial FAQ
What was Fifth Third Bank's revenue in 2021?
Fifth Third Bank achieved $8.4B in revenue for fiscal year 2021.
Is Fifth Third Bank profitable?
Fifth Third Bank's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is Fifth Third Bank growing?
Fifth Third Bank has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does Fifth Third Bank fund its capital expenditures?
Fifth Third Bank funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is Fifth Third Bank's debt profile?
Fifth Third Bank maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does Fifth Third Bank reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Fifth Third Bank Revenue & Financials." CorpDigest, https://corpdigest.com/company/fifth-third-bank/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Fifth Third Bank reported $8.4B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/fifth-third-bank/financials" target="_blank" rel="noopener">CorpDigest — Fifth Third Bank financials</a></div>Related Financial Audits
Compare revenue, net income, and market cap scale
Explore Fifth Third Bank
Core profile pages, founders and related research hubs for this company.