Fifth Third Bancorp (FITB) Long-Term Deferred Tax (2009 - 2018)
Fifth Third Bancorp (FITB) posted Long-Term Deferred Tax of $7.0 million for Q4 2018, down 22.22% sequentially from $9.0 million in Q4 2017, and down 22.22% YoY from $9.0 million in Q4 2017.
Fifth Third Bancorp (FITB) Long-Term Deferred Tax (2009 - 2018) Analysis & Trends
Fifth Third Bancorp has reported Long-Term Deferred Tax for 10 years, with the latest figure at $7.0 million in Q4 2018.
- Quarterly Long-Term Deferred Tax fell 22.22% year-over-year to $7.0 million in Q4 2018, while the trailing twelve-month figure through Dec 2018 was $7.0 million (down 22.22% YoY) and the FY2018 annual result came in at $7.0 million, down 22.22% from the prior year.
- Long-Term Deferred Tax declined to $7.0 million in Q4 2018 per FITB's latest filing, from $9.0 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $18.0 million in Q4 2014 and troughed at $7.0 million in Q4 2018.
- A 5-year average of $10.6 million and a median of $9.0 million in 2016 frame the typical range for Long-Term Deferred Tax.
- The sharpest annual moves came in 2015 and 2017: Long-Term Deferred Tax tumbled 44.44% in 2015, then changed 0.0% in 2017.
- Over 5 years, Long-Term Deferred Tax stood at $18.0 million in 2014, then sank by 44.44% to $10.0 million in 2015, then declined by 10.0% to $9.0 million in 2016, then changed by 0.0% to $9.0 million in 2017, then decreased by 22.22% to $7.0 million in 2018.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $7.0 million, $9.0 million, and $9.0 million for Q4 2018, Q4 2017, and Q4 2016 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Itau Unibanco Holding | 42.02 Bn | 43.71 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 7.00 Mn |
| Dec 31, 2017 | 9.00 Mn |
| Dec 31, 2016 | 9.00 Mn |
| Dec 31, 2015 | 10.00 Mn |
| Dec 31, 2014 | 18.00 Mn |
| Dec 31, 2013 | 22.00 Mn |
| Dec 31, 2012 | 33.00 Mn |
| Dec 31, 2011 | 63.00 Mn |
| Dec 31, 2010 | 13.00 Mn |
| Dec 31, 2009 | 81.00 Mn |