Fifth Third Bancorp (FITB) Deferred Taxes: 2016-2024
Historic Deferred Taxes for Fifth Third Bancorp (FITB) over the last 9 years, with Dec 2024 value amounting to $64.0 million.
- Fifth Third Bancorp's Deferred Taxes rose 481.82% to $64.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $72.0 million, marking a year-over-year increase of 167.92%. This contributed to the annual value of $72.0 million for FY2024, which is 167.92% up from last year.
- According to the latest figures from Q4 2024, Fifth Third Bancorp's Deferred Taxes is $64.0 million, which was up 540.00% from $10.0 million recorded in Q3 2024.
- In the past 5 years, Fifth Third Bancorp's Deferred Taxes registered a high of $203.0 million during Q4 2021, and its lowest value of -$186.0 million during Q1 2021.
- For the 3-year period, Fifth Third Bancorp's Deferred Taxes averaged around -$7.8 million, with its median value being -$1.5 million (2022).
- Examining YoY changes over the last 5 years, Fifth Third Bancorp's Deferred Taxes showed a top increase of 1,591.67% in 2021 and a maximum decrease of 6,100.00% in 2021.
- Over the past 5 years, Fifth Third Bancorp's Deferred Taxes (Quarterly) stood at $12.0 million in 2020, then soared by 1,591.67% to $203.0 million in 2021, then slumped by 120.20% to -$41.0 million in 2022, then soared by 126.83% to $11.0 million in 2023, then soared by 481.82% to $64.0 million in 2024.
- Its last three reported values are $64.0 million in Q4 2024, $10.0 million for Q3 2024, and $33.0 million during Q2 2024.