Fifth Third Bancorp (FITB) Depreciation and Depletion: 2018-2024
Historic Depreciation and Depletion for Fifth Third Bancorp (FITB) over the last 7 years, with Dec 2024 value amounting to $81.0 million.
- Fifth Third Bancorp's Depreciation and Depletion fell 25.00% to $18.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $82.0 million, marking a year-over-year decrease of 25.45%. This contributed to the annual value of $81.0 million for FY2024, which is 26.36% down from last year.
- As of FY2024, Fifth Third Bancorp's Depreciation and Depletion stood at $81.0 million, which was down 26.36% from $110.0 million recorded in FY2023.
- Fifth Third Bancorp's Depreciation and Depletion's 5-year high stood at $126.0 million during FY2020, with a 5-year trough of $81.0 million in FY2024.
- For the 3-year period, Fifth Third Bancorp's Depreciation and Depletion averaged around $104.0 million, with its median value being $110.0 million (2023).
- Per our database at Business Quant, Fifth Third Bancorp's Depreciation and Depletion climbed by 3.28% in 2020 and then fell by 26.36% in 2024.
- Yearly analysis of 5 years shows Fifth Third Bancorp's Depreciation and Depletion stood at $126.0 million in 2020, then fell by 1.59% to $124.0 million in 2021, then fell by 2.42% to $121.0 million in 2022, then dropped by 9.09% to $110.0 million in 2023, then dropped by 26.36% to $81.0 million in 2024.