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FITB FY 2023 Earnings — Fifth Third Bancorp Revenue & Financial Results | Market Cap Arena
FITB
Fifth Third Bancorp
$31B
FY 2023 Earnings
Financial Services
Banks - Regional
Income Statement
Revenue
$12.4B
+36.1% YoY
Gross Profit
$7.9B
64.0% margin
Operating Income
$3.0B
24.2% margin
Net Income
$2.3B
19.0% margin
EPS (Diluted)
$3.22
Cash Flow
Operating Cash Flow
$4.5B
Free Cash Flow
$4.0B
Stock-Based Comp.
$169M
Balance Sheet
Total Assets
$214.6B
Total Liabilities
$195.4B
Stockholders' Equity
$19.2B
Cash & Equivalents
$3.1B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$12.4B
$9.1B
+36.1%
Gross Profit
$7.9B
$7.5B
+4.9%
Operating Income
$3.0B
$3.1B
-3.4%
Net Income
$2.3B
$2.4B
-4.0%
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