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

Historic Asset Writedowns and Impairment for Fifth Third Bancorp (FITB) over the last 4 years, with Q1 2019 value amounting to $41.0 million.

  • Fifth Third Bancorp's Asset Writedowns and Impairment rose 21714.29% to $41.0 million in Q1 2019 from the same period last year, while for Dec 2019 it was $41.0 million, marking a year-over-year increase of 15857.14%. This contributed to the annual value of $57.0 million for FY2017, which is 7824.43% down from last year.
  • Per Fifth Third Bancorp's latest filing, its Asset Writedowns and Impairment stood at $41.0 million for Q1 2019, which was up 21714.29% from -$58.0 million recorded in Q4 2018.
  • In the past 5 years, Fifth Third Bancorp's Asset Writedowns and Impairment registered a high of $128.0 million during Q1 2016, and its lowest value of -$92.0 million during Q4 2017.
  • Its 4-year average for Asset Writedowns and Impairment is $21.7 million, with a median of $18.0 million in 2018.
  • Its Asset Writedowns and Impairment has fluctuated over the past 5 years, first crashed by 14666.67% in 2018, then soared by 21714.29% in 2019.
  • Over the past 4 years, Fifth Third Bancorp's Asset Writedowns and Impairment (Quarter) stood at -$73.0 million in 2016, then dropped by 26.03% to -$92.0 million in 2017, then soared by 36.96% to -$58.0 million in 2018, then surged by 170.69% to $41.0 million in 2019.
  • Its Asset Writedowns and Impairment was $41.0 million in Q1 2019, compared to -$58.0 million in Q4 2018 and $5.0 million in Q3 2018.