Discontinued — last reported Q3 '24

Business Segments · Income (loss) before income taxes

Investment Advisors — Income (loss) before income taxes

Fifth Third Bank Investment Advisors — Income (loss) before income taxes decreased by 8.5% to $54.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 46.5%, from $101.00M to $54.00M. Over 2 years (FY 2021 to FY 2023), Investment Advisors — Income (loss) before income taxes shows an upward trend with a 72.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ3 2020
Last reportedQ3 2024
Rolls up toPre-Tax Income

How to read this metric

Higher values indicate strong operational performance and effective cost control within the segment.

Detailed definition

This is the pre-tax profit or loss generated by the Investment Advisors segment, calculated by subtracting all operating...

Peer comparison

Standard segment-level profitability metric used across the banking industry.

Metric ID: fitb_segment_investment_advisors_income_loss_before_income_taxes

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$33.00M$31.00M$30.00M$37.00M$48.00M$71.00M$95.00M$93.00M$93.00M$101.00M$66.00M$58.00M$59.00M$54.00M
QoQ Change-6.1%-3.2%+23.3%+29.7%+47.9%+33.8%-2.1%+0.0%+8.6%-34.7%-12.1%+1.7%-8.5%
YoY Change+45.5%+129.0%+216.7%+151.4%+93.8%+42.3%-30.5%-37.6%-36.6%-46.5%
Range$30.00M$101.00M
CAGR+16.4%
Avg YoY Growth+52.7%
Median YoY Growth+43.9%

Frequently Asked Questions

What is Fifth Third Bank's investment advisors — income (loss) before income taxes?
Fifth Third Bank (FITB) reported investment advisors — income (loss) before income taxes of $54.00M in Q3 2024.
How has Fifth Third Bank's investment advisors — income (loss) before income taxes changed year-over-year?
Fifth Third Bank's investment advisors — income (loss) before income taxes decreased by 46.5% year-over-year, from $101.00M to $54.00M.
What is the long-term trend for Fifth Third Bank's investment advisors — income (loss) before income taxes?
Over 2 years (2021 to 2023), Fifth Third Bank's investment advisors — income (loss) before income taxes has grown at a 72.2% compound annual growth rate (CAGR), from $119.00M to $353.00M.
What does investment advisors — income (loss) before income taxes mean?
The total profit or loss of the Investment Advisors segment before accounting for income taxes.