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Fifth Third Bancorp (FITB) Depreciation Expense (2016 - 2024)

Fifth Third Bancorp (FITB) has disclosed Depreciation Expense for 9 consecutive years, with $39.0 million as the latest value for Q4 2024.

  • Quarterly Depreciation Expense rose 2.63% to $39.0 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $152.0 million through Dec 2024, up 2.7% year-over-year, with the annual reading at $169.0 million for FY2025, 10.46% up from the prior year.
  • Depreciation Expense hit $39.0 million in Q4 2024 for Fifth Third Bancorp, up from $38.0 million in the prior quarter.
  • In the past five years, Depreciation Expense ranged from a high of $39.0 million in Q4 2024 to a low of $32.0 million in Q1 2020.
  • Historically, Depreciation Expense has averaged $35.6 million across 5 years, with a median of $36.0 million in 2021.
  • Biggest five-year swings in Depreciation Expense: fell 3.03% in 2020 and later rose 9.09% in 2021.
  • Year by year, Depreciation Expense stood at $33.0 million in 2020, then increased by 9.09% to $36.0 million in 2021, then increased by 2.78% to $37.0 million in 2022, then grew by 2.7% to $38.0 million in 2023, then grew by 2.63% to $39.0 million in 2024.
  • Business Quant data shows Depreciation Expense for FITB at $39.0 million in Q4 2024, $38.0 million in Q3 2024, and $38.0 million in Q2 2024.