FIFTH THIRD BANCORP Annual Income Tax Expense (Benefit) in USD from 2010 to 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Fifth Third Bancorp quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2024.
  • Fifth Third Bancorp Income Tax Expense (Benefit) for the quarter ending December 31, 2024 was $146M, a 22.7% increase year-over-year.
  • Fifth Third Bancorp Income Tax Expense (Benefit) for the twelve months ending December 31, 2024 was $602M, a 5.79% decline year-over-year.
  • Fifth Third Bancorp annual Income Tax Expense (Benefit) for 2024 was $602M, a 5.79% decline from 2023.
  • Fifth Third Bancorp annual Income Tax Expense (Benefit) for 2023 was $639M, a 1.24% decline from 2022.
  • Fifth Third Bancorp annual Income Tax Expense (Benefit) for 2022 was $647M, a 13.4% decline from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $602M -$37M -5.79% Jan 1, 2024 Dec 31, 2024 10-K 2025-02-24
2023 $639M -$8M -1.24% Jan 1, 2023 Dec 31, 2023 10-K 2025-02-24
2022 $647M -$100M -13.4% Jan 1, 2022 Dec 31, 2022 10-K 2025-02-24
2021 $747M +$377M +102% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-27
2020 $370M -$320M -46.4% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $690M +$118M +20.6% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-25
2018 $572M -$227M -28.4% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $799M +$134M +20.2% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-02
2016 $665M +$6M +0.91% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-01
2015 $659M +$114M +20.9% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-28
2014 $545M -$227M -29.4% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-24
2013 $772M +$136M +21.4% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-25
2012 $636M +$103M +19.3% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-25
2011 $533M +$346M +185% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-24
2010 $187M Dec 31, 2009 Dec 31, 2010 10-K 2011-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.