Fifth Third Bancorp (FITB) Depreciation Expense: 2016-2024
Historic Depreciation Expense for Fifth Third Bancorp (FITB) over the last 9 years, with Dec 2024 value amounting to $39.0 million.
- Fifth Third Bancorp's Depreciation Expense rose 2.63% 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 2.70%. This contributed to the annual value of $153.0 million for FY2024, which is 3.38% up from last year.
- As of Q4 2024, Fifth Third Bancorp's Depreciation Expense stood at $39.0 million, which was up 2.63% from $38.0 million recorded in Q3 2024.
- Fifth Third Bancorp's Depreciation Expense's 5-year high stood at $39.0 million during Q4 2024, with a 5-year trough of $32.0 million in Q1 2020.
- For the 3-year period, Fifth Third Bancorp's Depreciation Expense averaged around $37.1 million, with its median value being $37.0 million (2024).
- In the last 5 years, Fifth Third Bancorp's Depreciation Expense declined by 3.03% in 2020 and then climbed by 9.09% in 2021.
- Over the past 5 years, Fifth Third Bancorp's Depreciation Expense (Quarterly) stood at $33.0 million in 2020, then rose by 9.09% to $36.0 million in 2021, then grew by 2.78% to $37.0 million in 2022, then climbed by 2.70% to $38.0 million in 2023, then grew by 2.63% to $39.0 million in 2024.
- Its Depreciation Expense stands at $39.0 million for Q4 2024, versus $38.0 million for Q3 2024 and $38.0 million for Q2 2024.