Fifth Third Bancorp (FITB) Interest Coverage Ratio: 2009-2024
Historic Interest Coverage Ratio for Fifth Third Bancorp (FITB) over the last 16 years, with Dec 2024 value amounting to 1.61.
- 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.
- Latest data reveals that Fifth Third Bancorp reported Interest Coverage Ratio of 1.61 as of FY2024, which was up 233.03% from -1.21 recorded in FY2023.
- In the past 5 years, Fifth Third Bancorp's Interest Coverage Ratio ranged from a high of 1.61 in FY2024 and a low of -9.65 during FY2021.
- For the 3-year period, Fifth Third Bancorp's Interest Coverage Ratio averaged around -1.31, with its median value being -1.21 (2023).
- In the last 5 years, Fifth Third Bancorp's Interest Coverage Ratio crashed by 84.69% in 2020 and then spiked by 233.03% in 2024.
- Fifth Third Bancorp's Interest Coverage Ratio (Yearly) stood at -5.40 in 2020, then crashed by 78.80% to -9.65 in 2021, then spiked by 54.98% to -4.34 in 2022, then spiked by 72.17% to -1.21 in 2023, then soared by 233.03% to 1.61 in 2024.