Fifth Third Bancorp (FITB) Interest Expense - Fed Funds (2016 - 2024)
Historic Interest Expense - Fed Funds for Fifth Third Bancorp (FITB) over the last 8 years, with Q4 2024 value amounting to $3.0 million.
- Fifth Third Bancorp's Interest Expense - Fed Funds rose 5000.0% to $3.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $10.0 million, marking a year-over-year decrease of 909.09%. This contributed to the annual value of $11.0 million for FY2024, which is 2666.67% 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 5000.0% from $2.0 million recorded in Q3 2024.
- Fifth Third Bancorp's 5-year Interest Expense - Fed Funds high stood at $5.0 million for Q1 2023, and its period low was $1.0 million during Q2 2022.
- For the 4-year period, Fifth Third Bancorp's Interest Expense - Fed Funds averaged around $2.8 million, with its median value being $2.5 million (2020).
- Per our database at Business Quant, Fifth Third Bancorp's Interest Expense - Fed Funds crashed by 8333.33% in 2020 and then skyrocketed by 40000.0% in 2023.
- Quarter analysis of 4 years shows Fifth Third Bancorp's Interest Expense - Fed Funds stood at $2.0 million in 2020, then changed by 0.0% to $2.0 million in 2022, then changed by 0.0% to $2.0 million in 2023, then soared by 50.0% 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.