Fifth Third Bancorp (FITB) Depreciation and Depletion (2020 - 2024)

Fifth Third Bancorp (FITB) reported Depreciation and Depletion of $18.0 million for Q4 2024, down 25.0% on a YoY basis from $24.0 million in Q1 2024, and down 10.0% sequentially from $20.0 million in Q3 2024.

Fifth Third Bancorp (FITB) Depreciation and Depletion (2020 - 2024) Analysis & Trends

Fifth Third Bancorp (FITB) has 5 years of Depreciation and Depletion data on file, last reported at $18.0 million in Q4 2024.

  • For the quarter ending Q4 2024, Depreciation and Depletion fell 25.0% year-over-year to $18.0 million; the trailing twelve-month figure through Dec 2024 stood at $82.0 million (down 25.45% YoY), and the FY2025 full-year result was $65.0 million, down 19.75% from the prior year.
  • Depreciation and Depletion retreated to $18.0 million in Q4 2024, from $20.0 million in the prior quarter.
  • In the past five years, Depreciation and Depletion ranged from a high of $32.0 million in Q3 2020 to a low of $18.0 million in Q4 2024.
  • A 5-year average of $28.0 million and a median of $30.0 million in 2022 frame the typical range for Depreciation and Depletion.
  • Across the five-year window, Depreciation and Depletion gained 10.34% in 2022 and decreased 27.59% in 2024, its largest moves.
  • Tracing FITB's Depreciation and Depletion over 5 years: stood at $31.0 million in 2020, then retreated by 6.45% to $29.0 million in 2021, then advanced by 10.34% to $32.0 million in 2022, then dropped by 25.0% to $24.0 million in 2023, then dropped by 25.0% to $18.0 million in 2024.
  • Business Quant data shows FITB's Depreciation and Depletion at $18.0 million in Q4 2024, $20.0 million in Q3 2024, and $21.0 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - -
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 326,000.00
9 Pnc Financial Services 100.96 Bn 101.01 Bn - -
10 Fifth Third Bancorp 37.79 Bn 33.23 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 18.00 Mn
Dec 31, 2024 18.00 Mn
Sep 30, 2024 20.00 Mn
Sep 30, 2024 20.00 Mn
Jun 30, 2024 21.00 Mn
Jun 30, 2024 21.00 Mn
Mar 31, 2024 23.00 Mn
Mar 31, 2024 23.00 Mn
Dec 31, 2023 24.00 Mn
Dec 31, 2023 24.00 Mn
Sep 30, 2023 26.00 Mn
Sep 30, 2023 26.00 Mn
Jun 30, 2023 29.00 Mn
Jun 30, 2023 29.00 Mn
Mar 31, 2023 31.00 Mn
Mar 31, 2023 31.00 Mn
Dec 31, 2022 32.00 Mn
Dec 31, 2022 32.00 Mn
Sep 30, 2022 30.00 Mn
Sep 30, 2022 30.00 Mn