Discontinued — last reported Q3 '24
Commercial Banking — Net Interest Income
Fifth Third Bank Commercial Banking — Net Interest Income increased by 2.0% to $669.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 33.6%, from $1.01B to $669.00M. Over 2 years (FY 2021 to FY 2023), Commercial Banking — Net Interest Income shows an upward trend with a 59.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests improved lending margins or higher loan volumes, while a decrease may indicate margin compression or reduced lending activity.
Detailed definition
This represents the difference between the interest income generated by commercial loan portfolios and the interest expe...
Peer comparison
Standard across all commercial banks; comparable to Net Interest Income (NII) reported by peer financial institutions.
fitb_segment_commercial_banking_net_interest_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $376.00M | $369.00M | $388.00M | $479.00M | $516.00M | $594.00M | $953.00M | $977.00M | $1.02B | $1.01B | $807.00M | $686.00M | $656.00M | $669.00M |
| QoQ Change | — | -1.9% | +5.1% | +23.5% | +7.7% | +15.1% | +60.4% | +2.5% | +4.5% | -1.4% | -19.9% | -15.0% | -4.4% | +2.0% |
| YoY Change | — | — | — | — | +37.2% | +61.0% | +145.6% | +104.0% | +97.9% | +69.5% | -15.3% | -29.8% | -35.7% | -33.6% |
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Frequently Asked Questions
- What is Fifth Third Bank's commercial banking — net interest income?
- Fifth Third Bank (FITB) reported commercial banking — net interest income of $669.00M in Q3 2024.
- How has Fifth Third Bank's commercial banking — net interest income changed year-over-year?
- Fifth Third Bank's commercial banking — net interest income decreased by 33.6% year-over-year, from $1.01B to $669.00M.
- What is the long-term trend for Fifth Third Bank's commercial banking — net interest income?
- Over 2 years (2021 to 2023), Fifth Third Bank's commercial banking — net interest income has grown at a 59.5% compound annual growth rate (CAGR), from $1.50B to $3.81B.
- What does commercial banking — net interest income mean?
- The profit earned from the difference between interest received on loans and interest paid on deposits within the commercial banking business.