Fifth Third Bancorp (FITB) Interest Coverage Ratio: 2016-2024
Historic Interest Coverage Ratio for Fifth Third Bancorp (FITB) over the last 9 years, with Dec 2024 value amounting to 1.70.
- Fifth Third Bancorp's Interest Coverage Ratio rose 256.40% to 1.70 in Q4 2024 from the same period last year, while for Dec 2024 it was -0.33, marking a year-over-year increase of 72.85%. This contributed to the annual value of 1.61 for FY2024, which is 233.03% up from last year.
- As of Q4 2024, Fifth Third Bancorp's Interest Coverage Ratio stood at 1.70, which was up 291.44% from -0.89 recorded in Q3 2024.
- In the past 5 years, Fifth Third Bancorp's Interest Coverage Ratio registered a high of 1.70 during Q4 2024, and its lowest value of -11.64 during Q1 2022.
- Moreover, its 3-year median value for Interest Coverage Ratio was -1.16 (2023), whereas its average is -2.66.
- As far as peak fluctuations go, Fifth Third Bancorp's Interest Coverage Ratio plummeted by 164.49% in 2020, and later surged by 256.40% in 2024.
- Quarterly analysis of 5 years shows Fifth Third Bancorp's Interest Coverage Ratio stood at -8.43 in 2020, then plummeted by 30.27% to -10.98 in 2021, then surged by 79.72% to -2.23 in 2022, then skyrocketed by 51.15% to -1.09 in 2023, then soared by 256.40% to 1.70 in 2024.
- Its last three reported values are 1.70 in Q4 2024, -0.89 for Q3 2024, and -0.89 during Q2 2024.