Fifth Third Bancorp (FITB) Depreciation and Depletion (2020 - 2024)
Fifth Third Bancorp recorded quarterly Depreciation and Depletion of $18.0 million in Q4 2024, down 10.0% quarter-over-quarter from $20.0 million in Q3 2024, and down 25.0% year-over-year from $24.0 million in Q1 2024.
Fifth Third Bancorp's Depreciation and Depletion history runs 5 years deep, the most recent figure standing at $18.0 million for Q4 2024.
- In Q4 2024, Depreciation and Depletion fell 25.0% year-over-year to $18.0 million; the TTM figure through Dec 2024 stood at $82.0 million (down 25.45% YoY), while the FY2025 annual figure was $65.0 million, down 19.75% from the prior year.
- Depreciation and Depletion came in at $18.0 million for Q4 2024 at Fifth Third Bancorp, down 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 advanced 10.34% in 2022 and slipped 27.59% in 2024, its largest moves.
- Fifth Third Bancorp's Depreciation and Depletion stood at $31.0 million in 2020, then slipped by 6.45% to $29.0 million in 2021, then grew by 10.34% to $32.0 million in 2022, then fell by 25.0% to $24.0 million in 2023, then fell by 25.0% to $18.0 million in 2024.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $18.0 million, $20.0 million, and $21.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 92,149.88 Bn | 92,149.88 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 435.03 Bn | 435.03 Bn | - | - |
| 4 | First Capital | 206.20 Bn | 206.05 Bn | - | - |
| 5 | NatWest | 175.53 Bn | 175.53 Bn | - | - |
| 6 | Landmark Bancorp | 172.89 Bn | 172.85 Bn | - | 326,000.00 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 145.10 Bn | 137.23 Bn | - | - |
| 9 | Pnc Financial Services | 89.55 Bn | 89.60 Bn | - | - |
| 10 | Fifth Third Bancorp | 33.35 Bn | 10.98 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 |
| Jun 30, 2022 | 30.00 Mn |
| Jun 30, 2022 | 30.00 Mn |
| Mar 31, 2022 | 29.00 Mn |
| Mar 31, 2022 | 29.00 Mn |
| Dec 31, 2021 | 29.00 Mn |
| Dec 31, 2021 | 29.00 Mn |
| Sep 30, 2021 | 31.00 Mn |
| Sep 30, 2021 | 31.00 Mn |
| Jun 30, 2021 | 31.00 Mn |
| Jun 30, 2021 | 31.00 Mn |
| Mar 31, 2021 | 32.00 Mn |
| Mar 31, 2021 | 32.00 Mn |
| Dec 31, 2020 | 31.00 Mn |
| Dec 31, 2020 | 31.00 Mn |
| Sep 30, 2020 | 32.00 Mn |
| Sep 30, 2020 | 32.00 Mn |
| Jun 30, 2020 | 31.00 Mn |
| Jun 30, 2020 | 31.00 Mn |
| Mar 31, 2020 | 31.00 Mn |
| Mar 31, 2020 | 31.00 Mn |