← 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
Revenue from Contract with Customer, Including Assessed Tax — — $549.0m $565.0m $559.0m $600.0m $589.0m $577.0m — —
Interest income:
Noninterest income:
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
Amortization of Intangible Assets $2.0m $2.0m $5.0m $45.0m $55.0m $47.0m $48.0m $43.0m $35.0m $29.0m
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)
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — $2.0m $0 $0
Fair Value, Option, Changes in Fair Value, Gain (Loss) $6.0m — — $37.0m — — — — — —
Gain (Loss) on Investments — — — — — — — $31.0m $20.0m $27.0m
Gain (Loss) on Sales of Mortgage Backed Securities (MBS) — $2.0m ($15.0m) $3.0m — — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — — $3.2b
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
Lease Income — — — — $276.0m $300.0m $237.0m $208.0m — —
Operating Lease, Lease Income — — — — $156.0m $152.0m $146.0m $135.0m $100.0m $80.0m
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $15.0m $23.0m $23.0m $21.0m $6.0m $7.0m $2.0m $0 $0 —
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
Net Interest Income $3.6b $3.8b $4.1b $4.8b $4.8b $4.8b $5.6b $5.8b $5.6b $6.0b
Provision for credit losses — $261.0m $207.0m $471.0m $1.1b ($377.0m) $563.0m $515.0m $530.0m $662.0m
Net Interest Income After Provision for Credit Losses $3.3b $3.5b $3.9b $4.3b $3.7b $5.1b $5.0b $5.3b $5.1b $5.3b
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
Capital markets fees — — — — — — $387.0m $422.0m $424.0m $415.0m
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
Other noninterest income $688.0m $1.4b $887.0m $1.2b $211.0m $332.0m $265.0m $207.0m $12.0m $126.0m
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
Income (loss) before income taxes (FTE)(a) $2.1b $2.8b $2.8b $3.2b $1.8b $3.5b $3.1b $3.0b $2.9b $3.2b
Dividends on preferred stock $75 $75 $75 $93 $104 $111 $116 $137 $159 $146
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
Total interest income $4.2b $4.5b $5.2b $6.3b $5.6b $5.2b $6.6b $9.8b $10.4b $9.9b
Total noninterest income $2.7b $3.2b $2.8b $3.5b $2.8b $3.1b $2.8b $2.9b $2.8b $3.0b
Net Income (Loss) Attributable to Parent $1.6b $2.2b $2.2b $2.5b $1.4b $2.8b $2.4b $2.3b $2.3b $2.5b
Net Income (Loss) Available to Common Stockholders, Basic $1.5b $2.1b $2.1b $2.4b $1.3b $2.7b $2.3b $2.2b $2.2b $2.4b
Net Income (Loss) Attributable to Noncontrolling Interest ($4.0m) $0 $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
Earnings Per Share, Diluted $1.93 $2.83 $3.06 $3.33 $1.83 $3.73 $3.35 $3.22 $3.14 $3.53
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
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
Noninterest expense:
Labor and Related Expense $1.6b $1.6b $1.8b $2.0b $2.6b $2.6b $2.6b $2.7b $2.8b $2.8b
Equipment Expense $118.0m $117.0m $123.0m $129.0m $130.0m $138.0m $145.0m $148.0m $153.0m $169.0m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — — — — $565.0m $562.0m $639.0m
Operating Lease, Expense — — $76.0m $133.0m $140.0m $137.0m $131.0m $121.0m $132.0m $146.0m
Other Expenses $187.0m $186.0m $219.0m $239.0m $221.0m $218.0m $295.0m $184.0m $178.0m $227.0m
Net occupancy expense $299.0m $295.0m $292.0m $332.0m $350.0m $312.0m $307.0m $331.0m $339.0m $349.0m
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
Interest Expense $578.0m $691.0m $1.0b $1.5b $790.0m $441.0m $978.0m $3.9b $4.8b $3.9b
Other noninterest expense $1.2b $1.2b $990.0m $1.2b $921.0m $951.0m $968.0m $1.2b $973.0m $915.0m
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
Applicable income tax expense $505.0m $577.0m $572.0m $690.0m $370.0m $747.0m $647.0m $639.0m $602.0m $689.0m
Interest Income (Expense), Net $3.6b $3.8b $4.1b $4.8b $4.8b $4.8b $5.6b $5.8b $5.6b $6.0b
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)
Total interest expense $578.0m $691.0m $1.0b $1.5b $790.0m $441.0m $978.0m $3.9b $4.8b $3.9b
Total noninterest expense $3.9b $4.0b $3.9b $4.7b $4.7b $4.7b $4.7b $5.2b $5.0b $5.1b
Income Tax Expense (Benefit) $505.0m $577.0m $572.0m $690.0m $370.0m $747.0m $647.0m $639.0m $602.0m $689.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. 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.