NASDAQ$FITB
Fifth Third Bancorp · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Fifth Third's Q4 2019 results were announced, featuring strong diversified revenue streams and expense management, enhanced by targeted MB Financial acquisition outcomes.
Fifth Third Bancorp reported a strong fourth quarter with net income of $734 million, or $0.96 per diluted share. The results reflect the strength of diversified revenue streams, expense discipline, and the achievement of targeted financial outcomes from the MB Financial acquisition. A pre-tax gain of $345 million was generated from the Worldpay tax receivable agreement (TRA) transaction.
- Net income available to common shareholders was $701 million, or $0.96 per diluted share.
- Generated $345 million pre-tax gain from Worldpay tax receivable agreement (TRA) transaction with FIS.
- Net interest income, NIM, noninterest income, and expense performance were in-line with or better than prior guidance.
- Generated record capital markets revenue in 4Q19; full year revenue up 12%.
Headline financials
Revenue & EPS history
Fifth Third · Revenue · Quarterly
$2.27B
Revenue by segment
Fifth Third · $453M total across 2 segments · Q4 2019
- Commercial Banking$324M—71.5%
- Wealth & Asset Mgmt$129M—28.5%
Forward guidance
Fifth Third expects to build on its strong fourth quarter NIM performance and maintain expense discipline in order to generate positive operating leverage this year while continuing to invest for long-term outperformance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
+0.3%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+3.0%
Avg return
30 days after
58%
42 / 73 earnings
Positive
+6.8%
Q1 2024
Best reaction
-12.1%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +0.9% | +2.1% | -4.4% | |
| Q1 2026 | -0.5% | +2.1% | -4.4% | |
| Q3 2025 | +1.2% | +3.3% | +5.5% | |
| Q2 2025 | +0.5% | -0.4% | +6.0% | |
| Q1 2025 | -0.7% | +0.7% | +15.2% | |
| Q4 2024 | -0.9% | -0.4% | -1.6% | |
| Q3 2024 | -4.4% | -3.3% | +3.6% | |
| Q2 2024 | +1.6% | +1.9% | +1.1% | |
| Q1 2024 | +6.8% | +8.8% | +12.7% | |
| Q4 2023 | +4.0% | +4.4% | +2.1% | |
| Q3 2023 | -5.5% | -6.7% | +11.9% | |
| Q2 2023 | -0.9% | -1.6% | -10.2% | |
| Q1 2023 | -1.9% | -8.4% | -10.4% | |
| Q4 2022 | +5.8% | +7.4% | +12.9% | |
| Q3 2022 | -0.7% | +6.3% | +7.1% | |
| Q2 2022 | -3.1% | -4.4% | +5.3% | |
| Q1 2022 | +4.1% | -1.6% | -8.8% | |
| Q4 2021 | -6.1% | -6.4% | +0.5% | |
| Q3 2021 | +3.5% | +3.3% | +0.2% | |
| Q2 2021 | -3.0% | -1.4% | +2.0% | |
| Q1 2021 | -1.3% | +1.2% | +9.7% | |
| Q4 2020 | -1.4% | -5.0% | +10.2% | |
| Q3 2020 | +3.9% | -2.5% | +7.6% | |
| Q2 2020 | +0.6% | -0.8% | +0.7% | |
| Q1 2020 | -1.1% | +2.6% | +4.6% | |
| Q4 2019 | +1.2% | -1.8% | +1.3% | |
| Q3 2019 | +0.9% | +3.7% | +6.3% | |
| Q2 2019 | +6.6% | +8.0% | -7.3% | |
| Q1 2019 | +2.6% | +3.0% | -2.0% | |
| Q4 2018 | +2.1% | +2.9% | +2.7% | |
| Q3 2018 | -1.6% | +1.9% | +5.6% | |
| Q2 2018 | -5.8% | -3.0% | -1.8% | |
| Q1 2018 | +5.0% | +6.0% | -0.5% | |
| Q4 2017 | +1.7% | +1.8% | +0.3% | |
| Q3 2017 | +0.5% | +2.3% | -0.0% | |
| Q2 2017 | +3.7% | +2.7% | +3.3% | |
| Q1 2017 | -1.4% | -3.6% | -3.4% | |
| Q4 2016 | +1.5% | +1.0% | +3.7% | |
| Q3 2016 | +3.4% | +3.7% | +25.1% | |
| Q2 2016 | +1.8% | -0.4% | +5.6% | |
| Q1 2016 | +1.3% | — | — | |
| Q4 2015 | -3.6% | — | — | |
| Q3 2015 | -3.9% | — | — | |
| Q2 2015 | +1.5% | — | — | |
| Q1 2015 | +4.0% | — | — | |
| Q4 2014 | -0.9% | — | — | |
| Q3 2014 | -2.4% | — | — | |
| Q2 2014 | -5.1% | — | — | |
| Q1 2014 | -5.2% | — | — | |
| Q4 2013 | -2.7% | — | — | |
| Q3 2013 | +4.8% | — | — | |
| Q2 2013 | +0.2% | — | — | |
| Q1 2013 | +3.8% | — | — | |
| Q4 2012 | +5.3% | — | — | |
| Q3 2012 | -0.7% | — | — | |
| Q2 2012 | -0.9% | — | — | |
| Q1 2012 | +0.6% | — | — | |
| Q4 2011 | +0.7% | — | — | |
| Q3 2011 | -3.8% | — | — | |
| Q2 2011 | -12.1% | — | — | |
| Q1 2011 | +1.3% | — | — | |
| Q4 2007 | -4.5% | — | — | |
| Q4 2010 | -4.5% | — | — | |
| Q3 2010 | -1.2% | — | — | |
| Q2 2010 | +2.4% | — | — | |
| Q1 2009 | +5.7% | — | — | |
| Q1 2010 | +2.4% | — | — | |
| Q4 2009 | +0.3% | — | — | |
| Q3 2008 | +5.5% | — | — | |
| Q3 2009 | +5.5% | — | — | |
| Q2 2008 | +0.8% | — | — | |
| Q2 2009 | +0.8% | — | — | |
| Q4 2008 | +0.8% | — | — |
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