Discontinued — last reported Q3 '24
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.
Higher values indicate strong operational performance and effective cost control within the segment.
This is the pre-tax profit or loss generated by the Investment Advisors segment, calculated by subtracting all operating...
Standard segment-level profitability metric used across the banking industry.
fitb_segment_investment_advisors_income_loss_before_income_taxes| 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 | $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% |