--- title: "Fifth Third Bancorp: Metrics Guide" description: "Fifth Third Bancorp revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/fifth-third-bancorp/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Fifth Third Bancorp: Financial & Operating Metrics Guide ## Direct Answer Fifth Third Bancorp reported revenue of $577 million for the fiscal year ended December 31, 2023, net income of $2.3 billion, according to its SEC filings. Revenue fell 2.0% from the prior year. ## What Are Fifth Third Bancorp's Key Financial Figures? | Fiscal year | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 | | --- | --- | --- | | Revenue | $577 million | $589 million | | Operating income | Not reported | Not reported | | Operating margin | n/a | n/a | | Net income | $2.3 billion | $2.4 billion | | Net margin | 407.1% | 415.3% | | Operating cash flow | $4.5 billion | $6.4 billion | | Capital expenditures | $491 million | $348 million | | Free cash flow | $4.0 billion | $6.1 billion | Free cash flow (operating cash flow minus capital expenditures) was $4.0 billion against net income of $2.3 billion; cash generation covered reported earnings. ![Bar chart of Fifth Third Bancorp revenue, net income for fiscal 2022 to 2023. In fiscal 2023, revenue was $577 million and net income $2.3 billion.](https://www.getswoopr.com/images/charts/fifth-third-bancorp-metrics-revenue-profit.webp) *Fifth Third Bancorp revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Fifth Third Bancorp net margin for fiscal 2022 to 2023. In fiscal 2023, net margin was 407.1%.](https://www.getswoopr.com/images/charts/fifth-third-bancorp-metrics-margins.webp) *Fifth Third Bancorp operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Fifth Third Bancorp operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2023. In fiscal 2023, operating cash flow was $4.5 billion, capital expenditures was $491 million, free cash flow was $4.0 billion.](https://www.getswoopr.com/images/charts/fifth-third-bancorp-metrics-cash-flow.webp) *Fifth Third Bancorp operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Fifth Third Bancorp's Balance Sheet Show? | Cash and cash equivalents | $3.1 billion | | --- | --- | | Long-term debt | $16.4 billion | | Total assets | $215 billion | | Total liabilities | $195 billion | | Shareholders' equity | $19.2 billion | | Current ratio | n/a | Balance sheet values are as of the end of fiscal 2023. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Fifth Third Bancorp reported in its own SEC filings, read from the SEC's XBRL data (accession 0000035527-24-000088 for fiscal year 2023). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Fifth Third Bancorp's revenue in fiscal 2023? Fifth Third Bancorp reported revenue of $577 million for the fiscal year ended December 31, 2023, according to its SEC filings. ### What is Fifth Third Bancorp's operating margin? Fifth Third Bancorp did not report operating income under the standard tag for fiscal 2023, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit. ### How much free cash flow did Fifth Third Bancorp generate? Operating cash flow of $4.5 billion less capital expenditures of $491 million gives free cash flow of $4.0 billion for fiscal 2023. ## References - [SEC EDGAR: FIFTH THIRD BANCORP Form 10-K filed February 24, 2026](https://www.sec.gov/Archives/edgar/data/35527/000003552726000124/fitb-20251231.htm) - [SEC EDGAR: FIFTH THIRD BANCORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=35527&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Fifth Third Bancorp company dossier](https://www.getswoopr.com/stocks/companies/fifth-third-bancorp/) - [Fifth Third Bancorp financial metrics](https://www.getswoopr.com/stocks/companies/fifth-third-bancorp/metrics/) - [Fifth Third Bancorp financial risk indicators](https://www.getswoopr.com/stocks/companies/fifth-third-bancorp/risks/) - [Fifth Third Bancorp peer comparison](https://www.getswoopr.com/stocks/companies/fifth-third-bancorp/competitors/) - [Fifth Third Bancorp business model and revenue mix](https://www.getswoopr.com/stocks/companies/fifth-third-bancorp/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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