Fifth Third Bancorp (FITB) Asset Writedowns and Impairment (2014 - 2019)

Fifth Third Bancorp's Asset Writedowns and Impairment history runs 6 years deep, the most recent figure standing at $41.0 million for Q1 2019.

• In Q1 2019, Asset Writedowns and Impairment rose 217.14% year-over-year to $41.0 million; the TTM figure through Dec 2019 stood at $41.0 million (up 158.57% YoY), while the FY2017 annual figure was $57.0 million, down 78.24% from the prior year.
• Asset Writedowns and Impairment came in at $41.0 million for Q1 2019 at Fifth Third Bancorp, up from -$58.0 million in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $376.0 million in Q4 2015 to a low of -$92.0 million in Q4 2017.
• A 5-year average of $62.6 million and a median of $25.0 million in 2015 frame the typical range for Asset Writedowns and Impairment.
• Across the five-year window, Asset Writedowns and Impairment slumped 149.18% in 2015 and jumped 526.67% in 2016, its largest moves.
• Fifth Third Bancorp's Asset Writedowns and Impairment stood at $376.0 million in 2015, then decreased by 27.93% to $271.0 million in 2016, then slumped by 133.95% to -$92.0 million in 2017, then surged by 36.96% to -$58.0 million in 2018, then soared by 170.69% to $41.0 million in 2019.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $41.0 million, -$58.0 million, and $5.0 million for Q1 2019, Q4 2018, and Q3 2018 respectively.

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