Fifth Third Bank Branch Banking — Compensation and benefits decreased by 10.7% to $158.00M in Q2 2022 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $158.00M to $158.00M. This is a positive signal — lower values indicate better performance for this metric.
A decrease relative to revenue indicates improved operating efficiency, while an increase may reflect investment in staff or rising labor costs.
This metric tracks the total personnel-related expenses for the branch banking segment, including salaries, bonuses, and...
Comparable to personnel expense or compensation expense in retail banking segments.
fitb_segment_branch_banking_compensation_and_benefits| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | |
|---|---|---|---|---|---|
| Value | $158.00M | $160.00M | $158.00M | $177.00M | $158.00M |
| QoQ Change | — | +1.3% | -1.3% | +12.0% | -10.7% |
| YoY Change | — | — | — | — | +0.0% |