• Fifth Third Bancorp average current ratio for 2023 was 0.8, a 2.56% increase from 2022.
• Fifth Third Bancorp average current ratio for 2022 was 0.78, a 12.36% increase from 2021.
• Fifth Third Bancorp average current ratio for 2021 was 0.89, a 1.11% decline from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.