Fifth Third Bancorp (FITB) Interest Expenses (2016 - 2024)
Fifth Third Bancorp (FITB) has disclosed Interest Expenses for 9 consecutive years, with $1.1 billion as the latest value for Q4 2024.
- Quarterly Interest Expenses fell 11.37% to $1.1 billion in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $4.8 billion through Dec 2024, up 22.0% year-over-year, with the annual reading at $3.9 billion for FY2025, 18.24% down from the prior year.
- Interest Expenses hit $1.1 billion in Q4 2024 for Fifth Third Bancorp, down from $1.2 billion in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $1.2 billion in Q3 2024 to a low of $94.0 million in Q1 2022.
- Historically, Interest Expenses has averaged $547.0 million across 5 years, with a median of $279.0 million in 2020.
- Biggest five-year swings in Interest Expenses: plummeted 59.94% in 2020 and later skyrocketed 640.43% in 2023.
- Year by year, Interest Expenses stood at $133.0 million in 2020, then dropped by 25.56% to $99.0 million in 2021, then soared by 403.03% to $498.0 million in 2022, then soared by 147.19% to $1.2 billion in 2023, then fell by 11.37% to $1.1 billion in 2024.
- Business Quant data shows Interest Expenses for FITB at $1.1 billion in Q4 2024, $1.2 billion in Q3 2024, and $1.2 billion in Q2 2024.