Fifth Third Bancorp

NASDAQ FITB

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Fifth Third Bancorp Cash Return on Invested Capital (CROIC) 1 year YoY Change (%) for the quarter ending March 31, 2024: -52.15%

Fifth Third Bancorp Cash Return on Invested Capital (CROIC) 1 year YoY Change (%) is -52.15% for the quarter ending March 31, 2024, a -1,989.85% change year over year. The cash return on invested capital ratio measures the profitability of a company's invested capital based on its operating cash flow. It is calculated by dividing operating cash flow by the difference between total assets and current liabilities. This ratio indicates the company's ability to generate cash flow relative to the capital invested, excluding short-term liabilities. A higher ratio suggests more efficient cash flow generation from the invested capital. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.

Fifth Third Bancorp Cash Return on Invested Capital (CROIC) for the quarter ending March 31, 2023 was 0.01, a -18.08% change year over year.
Fifth Third Bancorp Cash Return on Invested Capital (CROIC) for the quarter ending March 31, 2022 was 0.01, a 552.78% change year over year.
Fifth Third Bancorp Cash Return on Invested Capital (CROIC) for the quarter ending March 31, 2021 was -0.00, a -174.32% change year over year.
Fifth Third Bancorp Cash Return on Invested Capital (CROIC) for the quarter ending March 31, 2020 was 0.00, a -25.34% change year over year.

NASDAQ: FITB

Fifth Third Bancorp

CEO	Mr. Gregory D. Carmichael
IPO Date	March 26, 1990
Location	United States
Headquarters	Fifth Third Center, Cincinnati, OH, United States, 45263
Employees	18,657
Sector	Financial Services
Industry	Banks - regional

Description

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. The Consumer and Small Banking segment provides a range of deposit and loan products to individuals and small businesses; home equity loans and lines of credit; credit cards; and cash management services. This segment also engages in the residential mortgage that include origination, retention and servicing of residential mortgage loans, sales and securitizations of loans, and hedging activities; indirect lending, including extending loans to consumers through automobile dealers, motorcycle dealers, powersport dealers, recreational vehicle dealers, and marine dealers; and home improvement and solar energy installation loans through contractors and installers. The Wealth & Asset Management segment provides various wealth management services for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides wealth planning, investment management, banking, insurance, and trust and estate services; and advisory services for institutional clients comprising middle market businesses, non-profits, states, and municipalities. The company was founded in 1858 and is headquartered in Cincinnati, Ohio.

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