Name | Value |
---|---|
Revenues | 2,063.0M |
Cost of Revenue | -1,317.0M |
Gross Profit | 3,380.0M |
Operating Expense | 2,063.0M |
Operating I/L | 722.0M |
Other Income/Expense | 6.0M |
Interest Income | 2,669.0M |
Pretax | 728.0M |
Income Tax Expense | 155.0M |
Net Income/Loss | 573.0M |
Fifth Third Bancorp is a diversified financial services company in the United States. The company operates through segments such as Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management. It offers a wide range of financial products and services including credit intermediation, cash management, lending and depository products, residential mortgage and home equity loans, investment alternatives, wealth planning, and advisory services. The company generates revenue through interest income, fees from lending and wealth management services, and other financial products. With a network of banking centers and ATMs across several states, Fifth Third Bancorp serves business, government, professional, and individual customers.