NASDAQ$FITB

Fifth Third Bancorp · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported strong financial results driven by business momentum and diversified revenues.

Fifth Third Bancorp reported Q4 2021 net income of $662 million, or $0.90 per diluted share. The results reflected strong business momentum and improved, diversified revenues. The company generated record commercial banking and wealth and asset management revenue.

  • Generated record commercial loan production of $8.2 billion, up nearly 50% compared to Q3 2021.
  • Record commercial banking revenue was achieved.
  • Record assets under management net inflows were generated.
  • Consumer household growth of 3% was achieved compared to Q4 2020.

Headline financials

Total Revenue

$1.99B

Previous: $1.97B+1.0%
EPS (adj)

$0.90

Previous: $0.88+2.3%
CET1 Capital Ratio

9.5%

Previous: 10.3%-7.8%
Net Charge-Off Ratio

0.1%

Previous: 0.4%-67.4%
Return on Avg Tangible Common Equity

16.1%

Previous: 13.9%+15.8%
Capital Expenditures

$85M

Previous: $70M+21.4%
Free Cash Flow

$1.26B

Previous: -$1.71B+173.3%
Net Income

$662M

Previous: $604M+9.6%
Operating Income

$829M

Previous: $746M+11.1%
Gross Profit

$2.32B

Previous: $1.94B+19.6%
Cash & Equivalents

$2.99B

Previous: $3.15B-4.9%
Total Assets

$211B

Previous: $205B+3.1%
Stock-Based Comp

$20M

Previous: $23M-13.0%

Revenue & EPS history

Fifth Third · Revenue · Quarterly

$1.99B

Q4 2021+1%vs Q4 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Fifth Third · $171M total across 1 segment · Q4 2021

  • Commercial Banking
    $171M-57.7%

Forward guidance

Fifth Third expects the positive momentum in its businesses to carry forward into 2022 and beyond.

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 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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