Fifth Third Bancorp (FITB) Non Operating Interest Expenses (2009 - 2024)
Fifth Third Bancorp's (FITB) quarterly Non Operating Interest Expenses came in at $1.2 billion in Q1 2024, up 75.86% year-over-year from $696.0 million in Q2 2023, and down 0.57% quarter-over-quarter from $1.2 billion in Q4 2023.
Analysis
Fifth Third Bancorp (FITB) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
Fifth Third Bancorp has disclosed Non Operating Interest Expenses across 16 years of filings, most recently posting $1.2 billion for Q1 2024.
- In Q1 2024, Non Operating Interest Expenses rose 75.86% year-over-year to $1.2 billion; the TTM figure through Mar 2024 stood at $4.5 billion (up 182.04% YoY), while the FY2023 annual figure was $3.9 billion, up 302.15% from the prior year.
- Non Operating Interest Expenses came in at $1.2 billion for Q1 2024 at Fifth Third Bancorp, down from $1.2 billion in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $1.2 billion in Q4 2023 to a low of $94.0 million in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $433.4 million, with a median of $203.0 million recorded in 2020.
- Year-over-year, Non Operating Interest Expenses tumbled 59.94% in 2020 and soared 640.43% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $133.0 million in 2020, then declined by 25.56% to $99.0 million in 2021, then jumped by 403.03% to $498.0 million in 2022, then jumped by 147.19% to $1.2 billion in 2023, then declined by 0.57% to $1.2 billion in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $1.2 billion in Q1 2024, $1.2 billion in Q4 2023, and $1.1 billion in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 941.69 Bn | 941.69 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.79 Bn | 61.79 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.90 Bn | 26.18 Bn | - | - |
| 4 | M&T Bank | 34.97 Bn | 34.97 Bn | - | - |
| 5 | Huntington Bancshares | 34.15 Bn | 29.62 Bn | - | - |
| 6 | Citizens Financial | 29.74 Bn | 29.74 Bn | - | - |
| 7 | Regions Financial | 25.70 Bn | 25.70 Bn | - | - |
| 8 | First Citizens Bancshares | 25.10 Bn | 24.58 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.34 Bn | -24.35 Bn | - | - |
| 10 | East West Bancorp | 17.77 Bn | 12.68 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.22 Bn |
| Dec 31, 2023 | 1.23 Bn |
| Sep 30, 2023 | 1.09 Bn |
| Jun 30, 2023 | 913.00 Mn |
| Mar 31, 2023 | 696.00 Mn |
| Dec 31, 2022 | 498.00 Mn |
| Sep 30, 2022 | 262.00 Mn |
| Jun 30, 2022 | 125.00 Mn |
| Mar 31, 2022 | 94.00 Mn |
| Dec 31, 2021 | 99.00 Mn |
| Sep 30, 2021 | 103.00 Mn |
| Jun 30, 2021 | 115.00 Mn |
| Mar 31, 2021 | 126.00 Mn |
| Dec 31, 2020 | 133.00 Mn |
| Sep 30, 2020 | 159.00 Mn |
| Jun 30, 2020 | 203.00 Mn |
| Mar 31, 2020 | 296.00 Mn |
| Dec 31, 2019 | 332.00 Mn |
| Sep 30, 2019 | 383.00 Mn |
| Jun 30, 2019 | 391.00 Mn |