Fifth Third Bancorp (FITB) Interest Expense - Fed Funds: 2015-2024
Historic Interest Expense - Fed Funds for Fifth Third Bancorp (FITB) over the last 9 years, with Dec 2024 value amounting to $11.0 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.
- Latest data reveals that Fifth Third Bancorp reported Interest Expense - Fed Funds of $11.0 million as of FY2024, which was down 26.67% from $15.0 million recorded in FY2023.
- Over the past 5 years, Fifth Third Bancorp's Interest Expense - Fed Funds peaked at $15.0 million during FY2023, and registered a low of $2.0 million during FY2020.
- For the 3-year period, Fifth Third Bancorp's Interest Expense - Fed Funds averaged around $10.7 million, with its median value being $11.0 million (2024).
- Its Interest Expense - Fed Funds has fluctuated over the past 5 years, first tumbled by 93.10% in 2020, then spiked by 150.00% in 2023.
- Fifth Third Bancorp's Interest Expense - Fed Funds (Yearly) stood at $2.0 million in 2020, then reached $6.0 million in 2022, then skyrocketed by 150.00% to $15.0 million in 2023, then fell by 26.67% to $11.0 million in 2024.