Discontinued — last reported Q3 '24
Investment Advisors — Applicable income tax expense
Fifth Third Bank Investment Advisors — Applicable income tax expense remained flat by 0.0% to $12.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 45.5%, from $22.00M to $12.00M. Over 2 years (FY 2021 to FY 2023), Investment Advisors — Applicable income tax expense shows an upward trend with a 72.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Changes generally track with pre-tax income levels, though shifts in tax policy or effective rates can cause fluctuations.
Detailed definition
This represents the portion of the total corporate income tax expense that is allocated to the Investment Advisors segme...
Peer comparison
Standard accounting allocation for business segments within large financial institutions.
fitb_segment_investment_advisors_applicable_income_tax_expenseHistorical 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 | $7.00M | $7.00M | $6.00M | $8.00M | $10.00M | $15.00M | $20.00M | $19.00M | $20.00M | $22.00M | $13.00M | $12.00M | $12.00M | $12.00M |
| QoQ Change | — | +0.0% | -14.3% | +33.3% | +25.0% | +50.0% | +33.3% | -5.0% | +5.3% | +10.0% | -40.9% | -7.7% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +42.9% | +114.3% | +233.3% | +137.5% | +100.0% | +46.7% | -35.0% | -36.8% | -40.0% | -45.5% |
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Frequently Asked Questions
- What is Fifth Third Bank's investment advisors — applicable income tax expense?
- Fifth Third Bank (FITB) reported investment advisors — applicable income tax expense of $12.00M in Q3 2024.
- How has Fifth Third Bank's investment advisors — applicable income tax expense changed year-over-year?
- Fifth Third Bank's investment advisors — applicable income tax expense decreased by 45.5% year-over-year, from $22.00M to $12.00M.
- What is the long-term trend for Fifth Third Bank's investment advisors — applicable income tax expense?
- Over 2 years (2021 to 2023), Fifth Third Bank's investment advisors — applicable income tax expense has grown at a 72.0% compound annual growth rate (CAGR), from $25.00M to $74.00M.
- What does investment advisors — applicable income tax expense mean?
- The amount of income tax expense attributed to the Investment Advisors segment.