KPIs & Operating Metrics(New)

Fifth Third Bancorp (FITB) Asset Writedowns and Impairment (2016 - 2019)

Fifth Third Bancorp (FITB) has disclosed Asset Writedowns and Impairment for 4 consecutive years, with $41.0 million as the latest value for Q1 2019.

  • Quarterly Asset Writedowns and Impairment rose 217.14% to $41.0 million in Q1 2019 from the year-ago period, while the trailing twelve-month figure was $41.0 million through Dec 2019, up 158.57% year-over-year, with the annual reading at $57.0 million for FY2017, 78.24% down from the prior year.
  • Asset Writedowns and Impairment hit $41.0 million in Q1 2019 for 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 $271.0 million in Q4 2016 to a low of -$92.0 million in Q4 2017.
  • Historically, Asset Writedowns and Impairment has averaged $40.8 million across 4 years, with a median of $18.0 million in 2018.
  • Biggest five-year swings in Asset Writedowns and Impairment: plummeted 133.95% in 2017 and later surged 217.14% in 2019.
  • Year by year, Asset Writedowns and Impairment stood at $271.0 million in 2016, then tumbled by 133.95% to -$92.0 million in 2017, then soared by 36.96% to -$58.0 million in 2018, then skyrocketed by 170.69% to $41.0 million in 2019.
  • Business Quant data shows Asset Writedowns and Impairment for FITB at $41.0 million in Q1 2019, -$58.0 million in Q4 2018, and $5.0 million in Q3 2018.