Fifth Historical Income Statement
| FITB Stock | USD 36.25 2.03 5.93% |
Historical analysis of Fifth Third income statement accounts such as Operating Income of 11.1 B or Ebit of 0.0 can show how well Fifth Third Bancorp performed in making a profits. Evaluating Fifth Third income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Fifth Third's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Fifth Third Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fifth Third Bancorp is a good buy for the upcoming year.
Fifth |
About Fifth Income Statement Analysis
Fifth Third Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Fifth Third shareholders. The income statement also shows Fifth investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Fifth Third Income Statement Chart
Fifth Third Bancorp Income Statement is one of the three primary financial statements used for reporting Fifth's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Fifth Third Bancorp revenue and expense. Fifth Third Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Fifth Third's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 10.1 B, whereas EBIT is forecasted to decline to 0.00. Add Fundamental
Operating Income
Operating Income is the amount of profit realized from Fifth Third Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fifth Third Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Fifth Third Bancorp financial statement analysis. It represents the amount of money remaining after all of Fifth Third Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Fifth Third's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Fifth Third Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fifth Third Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At present, Fifth Third's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 10.1 B, whereas EBIT is forecasted to decline to 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.8B | 8.3B | 12.6B | 13.3B | Total Revenue | 7.8B | 8.3B | 12.7B | 13.3B |
Fifth Third income statement Correlations
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Fifth Third Account Relationship Matchups
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Fifth Third income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 1.5B | 790M | 441M | 978M | 989M | 1.0B | |
| Other Operating Expenses | 5.0B | (5.7B) | (4.3B) | (4.2B) | 9.6B | 10.1B | |
| Operating Income | 3.2B | 1.8B | 3.5B | 4.1B | 10.6B | 11.1B | |
| Ebit | 3.8B | 3.2B | 1.8B | 3.5B | 4.1B | 0.0 | |
| Ebitda | 3.7B | 2.3B | 3.9B | 4.5B | 481M | 457.0M | |
| Total Operating Expenses | (5.0B) | (5.7B) | (4.3B) | (4.2B) | 1.6B | 1.7B | |
| Net Income | 2.5B | 1.4B | 2.8B | 2.4B | 2.3B | 2.5B | |
| Income Tax Expense | 690M | 370M | 747M | 647M | 639M | 385.8M | |
| Depreciation And Amortization | 472M | 492M | 349M | 436M | 481M | 309.6M | |
| Selling General Administrative | 2.4B | 2.7B | 2.8B | 2.7B | 3.0B | 1.5B | |
| Total Revenue | 8.2B | 7.5B | 7.8B | 8.3B | 12.7B | 13.3B | |
| Gross Profit | 8.2B | 7.5B | 7.8B | 8.3B | 12.6B | 13.3B | |
| Income Before Tax | 3.2B | 1.8B | 3.5B | 3.1B | 3.0B | 1.6B | |
| Total Other Income Expense Net | 3.2B | 1.8B | 3.5B | (978M) | 3.0B | 3.1B | |
| Net Income Applicable To Common Shares | 2.4B | 1.3B | 2.7B | 2.3B | 2.7B | 1.7B | |
| Net Income From Continuing Ops | 2.5B | 1.4B | 2.8B | 2.4B | 2.6B | 2.1B | |
| Preferred Stock And Other Adjustments | 93M | 104M | 111M | 116M | 133.4M | 86.3M | |
| Tax Provision | 690M | 370M | 747M | 647M | 696M | 667.7M | |
| Net Interest Income | 4.8B | 4.8B | 4.8B | 5.6B | 6.0B | 5.0B | |
| Interest Income | 6.3B | 5.6B | 5.2B | 6.6B | 9.2B | 6.2B | |
| Reconciled Depreciation | 472M | 492M | 349M | 436M | 459M | 457.1M |
Fifth Third Investors Sentiment
The influence of Fifth Third's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Fifth. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Fifth Third's public news can be used to forecast risks associated with an investment in Fifth. The trend in average sentiment can be used to explain how an investor holding Fifth can time the market purely based on public headlines and social activities around Fifth Third Bancorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Fifth Third's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Fifth Third's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Fifth Third's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Fifth Third.
Fifth Third Implied Volatility | 71.3 |
Fifth Third's implied volatility exposes the market's sentiment of Fifth Third Bancorp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Fifth Third's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Fifth Third stock will not fluctuate a lot when Fifth Third's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fifth Third in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fifth Third's short interest history, or implied volatility extrapolated from Fifth Third options trading.
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Complementary Tools for Fifth Stock analysis
When running Fifth Third's price analysis, check to measure Fifth Third's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fifth Third is operating at the current time. Most of Fifth Third's value examination focuses on studying past and present price action to predict the probability of Fifth Third's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fifth Third's price. Additionally, you may evaluate how the addition of Fifth Third to your portfolios can decrease your overall portfolio volatility.
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Is Fifth Third's industry 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 (0.29) | Dividend Share 1.36 | Earnings Share 3.22 | Revenue Per Share 11.978 | Quarterly Revenue Growth (0.02) |
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.