Financial Statements

Fifth Third Bancorp (FITB)


-0.27 (-1.05%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 20,23618,38418,31516,578-
Net Income 2,4462,7701,4272,5122,193
Stock Dividends -66-21-500-2214,950
Dividend Paid -927-897-858-753-565
Retained Earnings 21,68920,23618,38418,31516,578

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 2,7362,8652,8432,379-
Annual Depreciation 5501803807682,513
Capital Expenditure -472-309-358-304-134
Net PPE 2,8142,7362,8652,8432,379

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -2,4784,2524,2584,514
New Purchases -15,279-14,606-36,712-12,885-29,714
Intangible and Goodwill 2,4784,2524,2584,5144,915

Fifth Third Bancorp income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Fifth Third Bancorp FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.