Fifth Third Bancorp Revenue, Profits - FITB Quarterly Income Statement

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$29.17 $0.45 (1.52%) FITB stock closing price Aug 15, 2018 (Closing)

Looking at financial statements, along with the Fifth Third Bancorp stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. Like any other income statement, the FITB income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a QoQ revenue decline of -4.87% when compared to the same period in the past. Along with Fifth Third Bancorp assets and Fifth Third Bancorp free cash flow, Fifth Third Bancorp profits as shown in profit and loss statement give key insights about the business. The net profit for 2018 Q2 is $586M and the 2018 Q2 revenue is $2.01B.

View and download details of revenue and profits for Fifth Third Bancorp for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Fifth Third Bancorp Revenues or Net Sales
2.01B2.12B1.72B2.71B2.06B1.62B1.68B1.9B1.65B1.68B
Cost Of Goods Sold (COGS)119M95M80M73M65M59M55M51M50M49M
Fifth Third Bancorp Gross Profit
1.89B2.02B1.64B2.64B1.61B1.55B1.62B1.85B1.6B1.63B
Research & Development Expense----------
Selling General & Admin Expense1.07B1.07B1.14B1.04B1.01B1.06B1.01B1.05B1.07B1.11B
Income Before Depreciation Depletion Amortization823M951M501M1.6B596M490M603M793M521M521M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense130M115M109M109M102M94M94M99M94M86M
Fifth Third Bancorp Pretax Income
693M836M392M1.49B494M396M509M694M427M435M
Provision for Income Taxes107M132M-116M475M127M91M121M178M98M108M
MinorityInterest---------4M-
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations586M704M509M1.01B367M305M395M516M333M312M
Extraordinary Items & Discontinued Operations----------
Fifth Third Bancorp Profit/ Loss (Net Income)
586M704M509M1.01B367M305M395M516M333M312M
Average Shares used to compute Diluted EPS696.21M704.1M716.91M733.29M752.33M760.81M757.44M750.89M765.08M778.39M
Average Shares used to compute Basic EPS683.35M689.82M703.37M721.28M741.4M747.67M746.11M750.89M759.11M773.56M
Income Before Nonrecurring Items467.65M420M401.46M376.04M373M305M387.43M516M333M307M
Income from Nonrecurring Items118.36M284M107.54M637.96M-6M-7.57M--5M
Fifth Third Bancorp Earnings Per Share Basic Net
0.810.990.681.370.460.380.490.660.400.40
Fifth Third Bancorp Earnings Per Share Diluted Net
0.800.970.671.350.450.380.490.650.400.40
EPS Diluted Before Nonrecurring Items0.630.570.520.480.460.380.480.650.400.37
Preferred Dividends Acc Pd32.49M21.08M30.71M-------
Dividends Common123.39109.92111.01-------
Dividend Per Share Common0.180.160.160.160.140.140.140.130.130.13
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Fifth Third Bancorp stock analysis are:

  • Topline: A growing topline, as seen from the Fifth Third Bancorp revenue chart, as isn't the case with Fifth Third Bancorp indicates a sagging business. One needs to compare the QoQ topline or sales growth of FITB stock with its peers like NTRS stock and KEY stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: Most businesses like Fifth Third Bancorp try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.

The income statement is also called statement of revenue and expense. The FITB financials along with Fifth Third Bancorp historical stock prices provide a lot of details about the firm.

Fifth Third Bancorp Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
7.82
PS Ratio (price sales ratio)
2.36
Operating Margin
40.9
Net Profit Margin
29.1
Dividend Yield
2.23%