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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 Q3 2024 value amounting to $2.3 billion.

  • Fifth Third Bancorp's Loans - Loss Allowance fell 149.57% 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 149.57%. This contributed to the annual value of $2.3 billion for FY2023, which is 583.41% up from last year.
  • As of Q3 2024, Fifth Third Bancorp's Loans - Loss Allowance stood at $2.3 billion, which was down 149.57% from $2.3 billion recorded in Q2 2024.
  • Fifth Third Bancorp's Loans - Loss Allowance's 5-year high stood at $2.7 billion during Q2 2020, with a 5-year trough of $1.9 billion in Q4 2021.
  • In the last 5 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 soared by 14179.37% in 2020 and then plummeted by 2459.2% in 2021.
  • Fifth Third Bancorp's Loans - Loss Allowance (Quarter) stood at $2.5 billion in 2020, then dropped by 22.87% to $1.9 billion in 2021, then grew by 15.96% to $2.2 billion in 2022, then grew by 5.83% to $2.3 billion in 2023, then dropped by 0.73% to $2.3 billion in 2024.
  • Its last three reported values are $2.3 billion in Q3 2024, $2.3 billion for Q2 2024, and $2.3 billion during Q1 2024.