Discontinued — last reported Q3 '24
Business Segments · Net Income
Investment Advisors — Net Income
Fifth Third Bank Investment Advisors — Net Income decreased by 10.6% to $42.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 46.8%, from $79.00M to $42.00M. Over 2 years (FY 2021 to FY 2023), Investment Advisors — Net Income shows an upward trend with a 72.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2020
Last reportedQ3 2024
Rolls up toNet Income
How to read this metric
Higher values indicate a highly profitable and efficient wealth management business.
Detailed definition
This is the final profit of the Investment Advisors segment after all operating expenses, provisions for loan losses, an...
Peer comparison
The primary benchmark for comparing the performance of wealth management divisions across different banks.
Metric ID:
fitb_segment_investment_advisors_net_incomeHistorical Data
14 periods
| 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 | $26.00M | $24.00M | $24.00M | $29.00M | $38.00M | $56.00M | $75.00M | $74.00M | $73.00M | $79.00M | $53.00M | $46.00M | $47.00M | $42.00M |
| QoQ Change | — | -7.7% | +0.0% | +20.8% | +31.0% | +47.4% | +33.9% | -1.3% | -1.4% | +8.2% | -32.9% | -13.2% | +2.2% | -10.6% |
| YoY Change | — | — | — | — | +46.2% | +133.3% | +212.5% | +155.2% | +92.1% | +41.1% | -29.3% | -37.8% | -35.6% | -46.8% |
Range$24.00M – $79.00M
CAGR+15.9%
Avg YoY Growth+53.1%
Median YoY Growth+43.6%
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Frequently Asked Questions
- What is Fifth Third Bank's investment advisors — net income?
- Fifth Third Bank (FITB) reported investment advisors — net income of $42.00M in Q3 2024.
- How has Fifth Third Bank's investment advisors — net income changed year-over-year?
- Fifth Third Bank's investment advisors — net income decreased by 46.8% year-over-year, from $79.00M to $42.00M.
- What is the long-term trend for Fifth Third Bank's investment advisors — net income?
- Over 2 years (2021 to 2023), Fifth Third Bank's investment advisors — net income has grown at a 72.3% compound annual growth rate (CAGR), from $94.00M to $279.00M.
- What does investment advisors — net income mean?
- The final bottom-line profit of the Investment Advisors segment after all costs and taxes.