Fifth Third Bancorp (FITB) Interest Coverage Ratio (2016 - 2024)
Historic Interest Coverage Ratio for Fifth Third Bancorp (FITB) over the last 9 years, with Q4 2024 value amounting to 1.7.
- Fifth Third Bancorp's Interest Coverage Ratio rose 25639.78% to 1.7 in Q4 2024 from the same period last year, while for Dec 2024 it was 0.33, marking a year-over-year increase of 7284.53%. This contributed to the annual value of 1.61 for FY2024, which is 23303.09% up from last year.
- Per Fifth Third Bancorp's latest filing, its Interest Coverage Ratio stood at 1.7 for Q4 2024, which was up 25639.78% from 0.89 recorded in Q3 2024.
- Over the past 5 years, Fifth Third Bancorp's Interest Coverage Ratio peaked at 1.7 during Q4 2024, and registered a low of 11.64 during Q1 2022.
- Moreover, its 5-year median value for Interest Coverage Ratio was 3.85 (2020), whereas its average is 4.72.
- In the last 5 years, Fifth Third Bancorp's Interest Coverage Ratio tumbled by 16448.83% in 2020 and then skyrocketed by 25639.78% in 2024.
- Quarter analysis of 5 years shows Fifth Third Bancorp's Interest Coverage Ratio stood at 8.43 in 2020, then tumbled by 30.27% to 10.98 in 2021, then skyrocketed by 79.72% to 2.23 in 2022, then surged by 51.15% to 1.09 in 2023, then soared by 256.4% to 1.7 in 2024.
- Its last three reported values are 1.7 in Q4 2024, 0.89 for Q3 2024, and 0.89 during Q2 2024.