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Fifth Third Bancorp (FRA:FFH) Pretax Margin % : 31.93% (As of Mar. 2024)


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What is Fifth Third Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fifth Third Bancorp's Pre-Tax Income for the three months ended in Mar. 2024 was €605 Mil. Fifth Third Bancorp's Revenue for the three months ended in Mar. 2024 was €1,896 Mil. Therefore, Fifth Third Bancorp's pretax margin for the quarter that ended in Mar. 2024 was 31.93%.

The historical rank and industry rank for Fifth Third Bancorp's Pretax Margin % or its related term are showing as below:

FRA:FFH' s Pretax Margin % Range Over the Past 10 Years
Min: 24.27   Med: 38.81   Max: 51.8
Current: 34.85


FRA:FFH's Pretax Margin % is ranked better than
54.73% of 1460 companies
in the Banks industry
Industry Median: 32.765 vs FRA:FFH: 34.85

Fifth Third Bancorp Pretax Margin % Historical Data

The historical data trend for Fifth Third Bancorp's Pretax Margin % 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.

* Premium members only.

Fifth Third Bancorp Pretax Margin % Chart

Fifth Third Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.83 24.27 45.54 37.60 34.98

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
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.85 36.49 39.92 30.94 31.93

Competitive Comparison of Fifth Third Bancorp's Pretax Margin %

For the Banks - Regional subindustry, Fifth Third Bancorp's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


Fifth Third Bancorp's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Fifth Third Bancorp's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Fifth Third Bancorp's Pretax Margin % falls into.



Fifth Third Bancorp Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Fifth Third Bancorp's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=2739.996/7833.931
=34.98 %

Fifth Third Bancorp's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=605.36/1896.12
=31.93 %

* 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.


Fifth Third Bancorp  (FRA:FFH) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Fifth Third Bancorp Pretax Margin % Related Terms

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Fifth Third Bancorp (FRA:FFH) Business Description

Address
38 Fountain Square Plaza, Cincinnati, OH, USA, 45263
Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking centers and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.

Fifth Third Bancorp (FRA:FFH) Headlines

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