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Fifth Third Bancorp (FITB) Loans - Loss Allowance: 2016-2024

Historic Loans - Loss Allowance for Fifth Third Bancorp (FITB) over the last 9 years, with Sep 2024 value amounting to $2.3 billion.

  • Fifth Third Bancorp's Loans - Loss Allowance fell 1.50% to $2.3 billion in Q3 2024 from the same period last year, while for Sep 2024 it was $2.3 billion, marking a year-over-year decrease of 1.50%. This contributed to the annual value of $2.3 billion for FY2023, which is 5.83% up from last year.
  • Latest data reveals that Fifth Third Bancorp reported Loans - Loss Allowance of $2.3 billion as of Q3 2024, which was up 0.74% from $2.3 billion recorded in Q2 2024.
  • Over the past 5 years, Fifth Third Bancorp's Loans - Loss Allowance peaked at $2.7 billion during Q2 2020, and registered a low of $1.9 billion during Q4 2021.
  • In the last 3 years, Fifth Third Bancorp's Loans - Loss Allowance had a median value of $2.3 billion in 2024 and averaged $2.2 billion.
  • Per our database at Business Quant, Fifth Third Bancorp's Loans - Loss Allowance surged by 141.79% in 2020 and then decreased by 24.59% in 2021.
  • Over the past 5 years, Fifth Third Bancorp's Loans - Loss Allowance (Quarterly) stood at $2.5 billion in 2020, then fell by 22.87% to $1.9 billion in 2021, then grew by 15.96% to $2.2 billion in 2022, then increased by 5.83% to $2.3 billion in 2023, then fell by 1.50% to $2.3 billion in 2024.
  • Its Loans - Loss Allowance stands at $2.3 billion for Q3 2024, versus $2.3 billion for Q2 2024 and $2.3 billion for Q1 2024.