Fifth Third Bancorp (FITB) Construction in Progress (2010 - 2019)
Fifth Third Bancorp (FITB) posted Construction in Progress of $98.0 million for Q3 2019, up 6.52% sequentially from $92.0 million in Q2 2019, and up 10.11% YoY from $89.0 million in Q3 2018.
Fifth Third Bancorp (FITB) Construction in Progress (2010 - 2019) Analysis & Trends
Fifth Third Bancorp has reported Construction in Progress for 10 years, with the latest figure at $98.0 million in Q3 2019.
- Quarterly Construction in Progress rose 10.11% year-over-year to $98.0 million in Q3 2019, while the trailing twelve-month figure through Sep 2019 was $98.0 million (up 10.11% YoY) and the FY2018 annual result came in at $81.0 million, down 12.9% from the prior year.
- Construction in Progress improved to $98.0 million in Q3 2019 per FITB's latest filing, from $92.0 million in the prior quarter.
- Over five years, Construction in Progress peaked at $120.0 million in Q2 2017 and troughed at $61.0 million in Q2 2015.
- A 5-year average of $91.9 million and a median of $92.0 million in 2019 frame the typical range for Construction in Progress.
- The sharpest annual moves came in 2015 and 2016: Construction in Progress slumped 37.76% in 2015, then surged 73.77% in 2016.
- Over 5 years, Construction in Progress stood at $85.0 million in 2015, then increased by 16.47% to $99.0 million in 2016, then declined by 6.06% to $93.0 million in 2017, then decreased by 12.9% to $81.0 million in 2018, then rose by 20.99% to $98.0 million in 2019.
- According to Business Quant data, Construction in Progress over the past three periods registered $98.0 million, $92.0 million, and $98.0 million for Q3 2019, Q2 2019, and Q1 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | Itau Unibanco Holding | 40.31 Bn | 42.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2019 | 98.00 Mn |
| Jun 30, 2019 | 92.00 Mn |
| Mar 31, 2019 | 98.00 Mn |
| Dec 31, 2018 | 81.00 Mn |
| Sep 30, 2018 | 89.00 Mn |
| Jun 30, 2018 | 85.00 Mn |
| Mar 31, 2018 | 76.00 Mn |
| Dec 31, 2017 | 93.00 Mn |
| Sep 30, 2017 | 99.00 Mn |
| Jun 30, 2017 | 120.00 Mn |
| Mar 31, 2017 | 109.00 Mn |
| Dec 31, 2016 | 99.00 Mn |
| Sep 30, 2016 | 110.00 Mn |
| Jun 30, 2016 | 106.00 Mn |
| Mar 31, 2016 | 86.00 Mn |
| Dec 31, 2015 | 85.00 Mn |
| Sep 30, 2015 | 78.00 Mn |
| Jun 30, 2015 | 61.00 Mn |
| Mar 31, 2015 | 81.00 Mn |
| Dec 31, 2014 | 98.00 Mn |