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| Date | Value |
|---|---|
| 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 |