Fifth Third Bancorp (FITB) Interest Expense - Fed Funds: 2016-2024
Historic Interest Expense - Fed Funds for Fifth Third Bancorp (FITB) over the last 6 years, with Dec 2024 value amounting to $3.0 million.
- Fifth Third Bancorp's Interest Expense - Fed Funds rose 50.00% to $3.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $11.0 million, marking a year-over-year decrease of 21.43%. This contributed to the annual value of $11.0 million for FY2024, which is 26.67% down from last year.
- Per Fifth Third Bancorp's latest filing, its Interest Expense - Fed Funds stood at $3.0 million for Q4 2024, which was up 50.00% from $2.0 million recorded in Q3 2024.
- In the past 5 years, Fifth Third Bancorp's Interest Expense - Fed Funds registered a high of $5.0 million during Q1 2023, and its lowest value of $1.0 million during Q2 2022.
- Over the past 3 years, Fifth Third Bancorp's median Interest Expense - Fed Funds value was $3.0 million (recorded in 2024), while the average stood at $2.8 million.
- Per our database at Business Quant, Fifth Third Bancorp's Interest Expense - Fed Funds slumped by 83.33% in 2020 and then spiked by 400.00% in 2023.
- Fifth Third Bancorp's Interest Expense - Fed Funds (Quarterly) stood at $2.0 million in 2020, then reached $2.0 million in 2022, then remained steady at $2.0 million in 2023, then soared by 50.00% to $3.0 million in 2024.
- Its Interest Expense - Fed Funds stands at $3.0 million for Q4 2024, versus $2.0 million for Q3 2024 and $3.0 million for Q2 2024.