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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Fifth Third Bancorp's annualized Gross Profit for the quarter that ended in Dec. 2023 was $8,404 Mil. Fifth Third Bancorp's average Total Assets over the quarter that ended in Dec. 2023 was $213,771 Mil. Therefore, Fifth Third Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 3.93%.
The historical data trend for Fifth Third Bancorp's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fifth Third Bancorp Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Gross-Profit-to-Asset % | Get a 7-Day Free Trial | 4.63 | 3.96 | 3.71 | 3.93 | 4.05 |
Fifth Third Bancorp Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Gross-Profit-to-Asset % | Get a 7-Day Free Trial | 4.20 | 4.09 | 4.03 | 3.93 | 3.87 |
For the Banks - Regional subindustry, Fifth Third Bancorp's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Banks industry and Financial Services sector, Fifth Third Bancorp's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Fifth Third Bancorp's Gross-Profit-to-Asset % falls into.
Fifth Third Bancorp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
Gross-Profit-to-Asset % | = | Gross Profit (A: Dec. 2023 ) | / | ( (Total Assets (A: Dec. 2022 ) | + | Total Assets (A: Dec. 2023 )) | / count ) |
= | 8543 | / | ( (207452 | + | 214574) | / 2 ) | |
= | 8543 | / | 211013 | ||||
= | 4.05 % |
Fifth Third Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:
Gross-Profit-to-Asset % | = | Gross Profit (Q: Dec. 2023 ) | / | ( (Total Assets (Q: Sep. 2023 ) | + | Total Assets (Q: Dec. 2023 )) | / count ) |
= | 8404 | / | ( (212967 | + | 214574) | / 2 ) | |
= | 8404 | / | 213770.5 | ||||
= | 3.93 % |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Thank you for viewing the detailed overview of Fifth Third Bancorp's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
C. Bryan Daniels | director | MB FINANCIAL INC/MD, 6111 NORTH RIVER ROAD, ROSEMONT IL 60018 |
Laurent Desmangles | director | 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263 |
Kathleen A Rogers | director | US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402 |
Evan Bayh | director | 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814 |
Gary R Heminger | director | C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840 |
Howard Hammond | officer: EVP | 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263 |
Kevin P Lavender | officer: EVP | C/O AMSURG CORPORATION, 20 BURTON HILLS BLVD., 5TH FLOOR, NASHVILLE TN 37215 |
Robert P Shaffer | officer: EVP and CHRO | 38 FOUNTAIN SQUARE PLAZA, MD 10909F, CINCINNATI OH 45263 |
Timothy Spence | officer: EVP & CSO | 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263 |
James C. Leonard | officer: SVP & Treasurer | 38 FOUNTAIN SQUARE PLAZA, MD10AT76, CINCINNATI OH 45263 |
Mitchell Feiger | director | C/O MB FINANCIAL INC, 1200 NORTH ASHLAND AVE, CHICAGO IL 60622 |
Jude Schramm | officer: EVP and CIO | 38 FOUNTAIN SQUARE PLAZA, MD 10909F, CINCINNATI OH 45263 |
Greg D Carmichael | officer: Executive Vice President | |
Kala Gibson | officer: EVP | 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263 |
Kristine R. Garrett | officer: EVP | 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263 |
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