← FIFTH THIRD BANCORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total interest income $4.2b
$4.5b +7.06%
$5.2b +15.46%
$6.3b +20.66%
$5.6b -10.91%
$5.2b -6.48%
$6.6b +26.41%
$9.8b +48.17%
$10.4b +6.82%
$9.9b -5.02%
—
Revenue from Contract with Customer, Including Assessed Tax — — $549.0m $565.0m $559.0m $600.0m $589.0m $577.0m — — —
Gain (Loss) on Sales of Mortgage Backed Securities (MBS) — $2.0m ($15.0m) $3.0m — — — — — — —
Wealth and asset management revenue $404.0m $419.0m $444.0m $487.0m $520.0m $586.0m $570.0m $581.0m $647.0m $704.0m —
Commercial payments revenue — — — — — — $568.0m $564.0m $608.0m $630.0m —
Consumer banking revenue — — — — — — $542.0m $546.0m $555.0m $571.0m —
Commercial banking revenue — — $408.0m $460.0m $528.0m $637.0m $565.0m $624.0m $377.0m $349.0m —
Mortgage banking net revenue $285.0m $224.0m $212.0m $287.0m $320.0m $270.0m $215.0m $250.0m $211.0m $227.0m —
Noninterest income:
Other noninterest income $688.0m $1.4b $887.0m $1.2b $211.0m $332.0m $265.0m $207.0m $12.0m $126.0m —
Total noninterest income $2.7b $3.2b $2.8b $3.5b $2.8b $3.1b $2.8b $2.9b $2.8b $3.0b —
Net Interest Income $3.6b
$3.8b +5.06%
$4.1b +9.00%
$4.8b +15.87%
$4.8b -0.31%
$4.8b -0.25%
$5.6b +17.59%
$5.8b +3.89%
$5.6b -3.38%
$6.0b +6.25%
$7.2b +20.34%
Interest Income (Expense), Net $3.6b
$3.8b +5.06%
$4.1b +9.00%
$4.8b +15.87%
$4.8b -0.31%
$4.8b -0.25%
$5.6b +17.59%
$5.8b +3.89%
$5.6b -3.38%
$6.0b +6.25%
$11.3b +89.40%
Labor and Related Expense $1.6b $1.6b $1.8b $2.0b $2.6b $2.6b $2.6b $2.7b $2.8b $2.8b —
Amortization of Intangible Assets $2.0m $2.0m $5.0m $45.0m $55.0m $47.0m $48.0m $43.0m $35.0m $29.0m —
Operating Lease, Expense — — $76.0m $133.0m $140.0m $137.0m $131.0m $121.0m $132.0m $146.0m —
Operating Lease, Lease Income — — — — $156.0m $152.0m $146.0m $135.0m $100.0m $80.0m —
Noninterest expense:
Other noninterest expense $1.2b $1.2b $990.0m $1.2b $921.0m $951.0m $968.0m $1.2b $973.0m $915.0m —
Total noninterest expense $3.9b $4.0b $3.9b $4.7b $4.7b $4.7b $4.7b $5.2b $5.0b $5.1b —
Interest expense:
Total interest expense $578.0m $691.0m $1.0b $1.5b $790.0m $441.0m $978.0m $3.9b $4.8b $3.9b —
Interest income:
Net Interest Income After Provision for Credit Losses $3.3b
$3.5b +8.10%
$3.9b +10.35%
$4.3b +10.84%
$3.7b -14.82%
$5.1b +39.67%
$5.0b -1.96%
$5.3b +5.27%
$5.1b -3.99%
$5.3b +4.31%
$7.2b +35.32%
Debt and Equity Securities, Gain (Loss) $10.0m $2.0m ($54.0m) $40.0m $62.0m ($7.0m) ($82.0m) $18.0m $15.0m $13.0m —
Debt Securities, Trading, Gain (Loss) — — — — $2.0m ($2.0m) ($2.0m) $0 $0 — —
Equity Securities, FV-NI, Realized Gain (Loss) — — — — — $7.0m $1.0m $5.0m $15.0m ($44.0m) —
Fair Value, Option, Changes in Fair Value, Gain (Loss) $6.0m — — $37.0m — — — — — — —
Gain (Loss) on Investments — — — — — — — $31.0m $20.0m $27.0m —
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement ($7.0m) ($4.0m) ($3.0m) ($3.0m) ($3.0m) ($3.0m) ($3.0m) ($2.0m) ($2.0m) ($2.0m) —
Income (Loss) from Equity Method Investments $66.0m $47.0m $1.0m $2.0m $0 $30.0m $22.0m $52.0m $18.0m $31.0m —
Other Expenses $187.0m $186.0m $219.0m $239.0m $221.0m $218.0m $295.0m $184.0m $178.0m $227.0m —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2.1b $2.8b $2.8b $3.2b $1.8b $3.5b $3.1b $3.0b $2.9b $3.2b $3.0b
Current Income Tax Expense (Benefit) $653.0m $828.0m $542.0m $936.0m $532.0m $761.0m $707.0m $745.0m $530.0m $549.0m $647.0m
Income Tax Expense (Benefit) $505.0m $577.0m $572.0m $690.0m $370.0m $747.0m $647.0m $639.0m $602.0m $689.0m $647.0m
Net Income (Loss) Attributable to Parent $1.6b
$2.2b +40.28%
$2.2b -0.05%
$2.5b +14.55%
$1.4b -43.19%
$2.8b +94.11%
$2.4b -11.70%
$2.3b -3.97%
$2.3b -1.49%
$2.5b +8.99%
$2.2b -12.85%
Net Income (Loss) Available to Common Stockholders, Basic $1.5b
$2.1b +42.31%
$2.1b -0.05%
$2.4b +14.21%
$1.3b -45.31%
$2.7b +100.98%
$2.3b -12.37%
$2.2b -5.06%
$2.2b -2.58%
$2.4b +10.26%
$2.2b -7.49%
Net Income (Loss) Attributable to Noncontrolling Interest ($4.0m) $0 $0 $0 — — — — — — $2.2b
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $15.0m $23.0m $23.0m $21.0m $6.0m $7.0m $2.0m $0 $0 — —
Earnings Per Share, Basic $1.95 $2.88 $3.11 $3.38 $1.84 $3.78 $3.38 $3.23 $3.16 $3.56 $3.00
Earnings Per Share, Diluted $1.93 $2.83 $3.06 $3.33 $1.83 $3.73 $3.35 $3.22 $3.14 $3.53 $2.97
Common Stock, Dividends, Per Share, Declared $0.53 $0.60 $0.74 $0.94 $1.08 $1.14 $1.26 $1.36 $1.44 $1.54 —
Weighted Average Number of Shares Outstanding, Basic 757.4m 728.3m 673.3m 710.4m 714.7m 702.2m 688.6m 684.2m 682.2m 668.1m 767.0m
Average common shares outstanding - basic (in shares) 757.4m 728.3m 673.3m 710.4m 714.7m 702.2m 688.6m 684.2m 682.2m 668.1m —
Average common shares outstanding - diluted (in shares) 764.5m 740.7m 685.5m 720.1m 719.7m 711.2m 695.0m 687.7m 687.3m 672.5m —
Weighted Average Number of Shares Outstanding, Diluted 764.5m 740.7m 685.5m 720.1m 719.7m 711.2m 695.0m 687.7m 687.3m 672.5m 771.7m
Additional Financial Items
Other Interest and Dividend Income $8.0m $15.0m $25.0m $41.0m $29.0m $42.0m $116.0m $656.0m $1.1b $652.0m —
Bank Owned Life Insurance Income $53.0m $52.0m $56.0m $60.0m $63.0m $61.0m $64.0m $61.0m $66.0m $74.0m —
Equipment Expense $118.0m $117.0m $123.0m $129.0m $130.0m $138.0m $145.0m $148.0m $153.0m $169.0m —
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — $2.0m $0 $0 —
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — — — — $565.0m $562.0m $639.0m —
Lease Income — — — — $276.0m $300.0m $237.0m $208.0m — — —
Interest and fees on loans and leases $3.2b $3.5b $4.1b $5.1b $4.4b $4.1b $5.0b $7.3b $7.5b $7.5b —
Interest on securities $952.0m $996.0m $1.1b $1.2b $1.1b $1.1b $1.5b $1.8b $1.8b $1.8b —
Interest on other short-term investments $8.0m $15.0m $25.0m $41.0m $29.0m $42.0m $116.0m $656.0m $1.1b $652.0m —
Interest on deposits $205.0m $277.0m $538.0m $892.0m $322.0m $59.0m $447.0m $2.9b $3.7b $3.0b —
Interest on short-term borrowings $10.0m $30.0m $29.0m — — — — $262.0m $168.0m $215.0m —
Interest on long-term debt $361.0m $378.0m $446.0m $508.0m $452.0m $380.0m $417.0m $742.0m $892.0m $754.0m —
Provision for credit losses — $261.0m $207.0m $471.0m $1.1b ($377.0m) $563.0m $515.0m $530.0m $662.0m —
Capital markets fees — — — — — — $387.0m $422.0m $424.0m $415.0m —
Securities gains, net $10.0m $2.0m ($54.0m) $40.0m $62.0m ($7.0m) ($82.0m) $18.0m $15.0m $13.0m —
Compensation and benefits $1.6b $1.6b $1.8b $2.0b $2.6b $2.6b $2.6b $2.7b $2.8b $2.8b —
Technology and communications $234.0m $245.0m $285.0m $422.0m $362.0m $388.0m $416.0m $464.0m $474.0m $516.0m —
Net occupancy expense $299.0m $295.0m $292.0m $332.0m $350.0m $312.0m $307.0m $331.0m $339.0m $349.0m $420.0m
Loan and lease expense — — $76.0m $133.0m $140.0m $137.0m $131.0m $121.0m $132.0m $146.0m —
Marketing expense — — $147.0m $162.0m $104.0m $107.0m $118.0m $126.0m $115.0m $142.0m —
Card and processing expense $132.0m $129.0m $123.0m $130.0m $121.0m $89.0m $80.0m $84.0m $84.0m $92.0m —
Dividends on preferred stock $75 $75 $75 $93 $104 $111 $116 $137 $159 $146 —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.