Fifth Income Before Tax from 2010 to 2024

FITB Stock  USD 48.16  0.09  0.19%   
Fifth Third's Income Before Tax is increasing over the years with slightly volatile fluctuation. Income Before Tax is expected to dwindle to about 1.6 B. From 2010 to 2024 Fifth Third Income Before Tax quarterly data regression line had arithmetic mean of  2,335,156,686 and r-squared of  0.28. View All Fundamentals
 
Income Before Tax  
First Reported
1990-03-31
Previous Quarter
764 M
Current Value
728 M
Quarterly Volatility
415.4 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fifth Third financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fifth Third's main balance sheet or income statement drivers, such as Interest Expense of 4.1 B, Other Operating Expenses of 2 B or Operating Income of 2.4 B, as well as many indicators such as Price To Sales Ratio of 5.05, Dividend Yield of 0.0236 or PTB Ratio of 1.17. Fifth financial statements analysis is a perfect complement when working with Fifth Third Valuation or Volatility modules.
  
Check out the analysis of Fifth Third Correlation against competitors.

Latest Fifth Third's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Fifth Third Bancorp over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Fifth Third income statement and is an important metric when analyzing Fifth Third Bancorp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Fifth Third's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fifth Third's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Fifth Income Before Tax Regression Statistics

Arithmetic Mean2,335,156,686
Geometric Mean2,015,373,083
Coefficient Of Variation35.41
Mean Deviation615,699,535
Median2,365,000,000
Standard Deviation826,769,514
Sample Variance683547.8T
Range3.4B
R-Value0.53
Mean Square Error532839T
R-Squared0.28
Significance0.04
Slope97,151,614
Total Sum of Squares9569669.6T

Fifth Income Before Tax History

20241.6 B
2023B
20223.1 B
20213.5 B
20201.8 B
20193.2 B
20182.8 B

About Fifth Third Financial Statements

Fifth Third stakeholders use historical fundamental indicators, such as Fifth Third's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Fifth Third investors may analyze each financial statement separately, they are all interrelated. For example, changes in Fifth Third's assets and liabilities are reflected in the revenues and expenses on Fifth Third's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Fifth Third Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before TaxB1.6 B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Fifth Third Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fifth Third's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fifth Third Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fifth Third Bancorp Stock:
Check out the analysis of Fifth Third Correlation against competitors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fifth Third. If investors know Fifth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fifth Third listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Dividend Share
1.42
Earnings Share
3
Revenue Per Share
11.78
Quarterly Revenue Growth
(0.03)
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.