Fifth Third Bancorp (FITB) Depreciation Expense (2016 - 2024)
Historic Depreciation Expense for Fifth Third Bancorp (FITB) over the last 9 years, with Q4 2024 value amounting to $39.0 million.
- Fifth Third Bancorp's Depreciation Expense rose 263.16% to $39.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $152.0 million, marking a year-over-year increase of 270.27%. This contributed to the annual value of $153.0 million for FY2024, which is 337.84% up from last year.
- Latest data reveals that Fifth Third Bancorp reported Depreciation Expense of $39.0 million as of Q4 2024, which was up 263.16% from $38.0 million recorded in Q3 2024.
- In the past 5 years, Fifth Third Bancorp's Depreciation Expense ranged from a high of $39.0 million in Q4 2024 and a low of $32.0 million during Q1 2020
- For the 5-year period, Fifth Third Bancorp's Depreciation Expense averaged around $35.6 million, with its median value being $36.0 million (2021).
- As far as peak fluctuations go, Fifth Third Bancorp's Depreciation Expense crashed by 303.03% in 2020, and later soared by 909.09% in 2021.
- Quarter analysis of 5 years shows Fifth Third Bancorp's Depreciation Expense stood at $33.0 million in 2020, then rose 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.
- Its Depreciation Expense was $39.0 million in Q4 2024, compared to $38.0 million in Q3 2024 and $38.0 million in Q2 2024.