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

Fifth Third Bancorp (FITB) has 6 years of Asset Writedowns and Impairment data on file, last reported at $41.0 million in Q1 2019.

• For the quarter ending Q1 2019, Asset Writedowns and Impairment rose 217.14% year-over-year to $41.0 million; the trailing twelve-month figure through Dec 2019 stood at $41.0 million (up 158.57% YoY), and the FY2017 full-year result was $57.0 million, down 78.24% from the prior year.
• Asset Writedowns and Impairment advanced to $41.0 million in Q1 2019, 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 -$58.0 million in Q4 2018.
• A 5-year average of $56.5 million and a median of $41.0 million in 2019 frame the typical range for Asset Writedowns and Impairment.
• Across the five-year window, Asset Writedowns and Impairment surged 2363.64% in 2016 and plunged 177.33% in 2018, its largest moves.
• Tracing FITB's Asset Writedowns and Impairment over 5 years: stood at $11.0 million in 2015, then surged by 2363.64% to $271.0 million in 2016, then plunged by 72.32% to $75.0 million in 2017, then sank by 177.33% to -$58.0 million in 2018, then jumped by 170.69% to $41.0 million in 2019.
• Business Quant data shows FITB's Asset Writedowns and Impairment at $41.0 million in Q1 2019, -$58.0 million in Q4 2018, and $5.0 million in Q3 2018.