KPIs & Operating Metrics(New)

Fifth Third Bancorp (FITB) Deferred Taxes: 2009-2024

Historic Deferred Taxes for Fifth Third Bancorp (FITB) over the last 16 years, with Dec 2024 value amounting to $72.0 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.
  • Per Fifth Third Bancorp's latest filing, its Deferred Taxes stood at $72.0 million for FY2024, which was up 167.92% from -$106.0 million recorded in FY2023.
  • Fifth Third Bancorp's Deferred Taxes' 5-year high stood at $72.0 million during FY2024, with a 5-year trough of -$162.0 million in FY2020.
  • Moreover, its 3-year median value for Deferred Taxes was -$60.0 million (2022), whereas its average is -$31.3 million.
  • In the last 5 years, Fifth Third Bancorp's Deferred Taxes tumbled by 328.57% in 2022 and then skyrocketed by 167.92% in 2024.
  • Yearly analysis of 5 years shows Fifth Third Bancorp's Deferred Taxes stood at -$162.0 million in 2020, then spiked by 91.36% to -$14.0 million in 2021, then slumped by 328.57% to -$60.0 million in 2022, then crashed by 76.67% to -$106.0 million in 2023, then soared by 167.92% to $72.0 million in 2024.