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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 Sep 2019 it was $41.0 million, marking a year-over-year increase of 58333.33%. This contributed to the annual value of $57.0 million for FY2017, which is 7824.43% down from last year.
  • As of Q1 2019, Fifth Third Bancorp's Asset Writedowns and Impairment stood at $41.0 million, which was up 21714.29% from -$58.0 million recorded in Q4 2018.
  • Fifth Third Bancorp's Asset Writedowns and Impairment's 5-year high stood at $128.0 million during Q1 2016, with a 5-year trough of -$92.0 million in Q4 2017.
  • In the last 4 years, Fifth Third Bancorp's Asset Writedowns and Impairment had a median value of $18.0 million in 2018 and averaged $21.7 million.
  • As far as peak fluctuations go, Fifth Third Bancorp's Asset Writedowns and Impairment tumbled by 14666.67% in 2018, and later surged by 21714.29% in 2019.
  • Quarter analysis of 4 years shows Fifth Third Bancorp's Asset Writedowns and Impairment stood at -$73.0 million in 2016, then fell by 26.03% to -$92.0 million in 2017, then surged by 36.96% to -$58.0 million in 2018, then skyrocketed by 170.69% to $41.0 million in 2019.
  • Its Asset Writedowns and Impairment stands at $41.0 million for Q1 2019, versus -$58.0 million for Q4 2018 and $5.0 million for Q3 2018.