Fifth Third Bancorp (FITB) Other Gross PP&E Adjustments (2016 - 2024)
Fifth Third Bancorp (FITB) has disclosed Other Gross PP&E Adjustments for 9 consecutive years, with -$162.0 million as the latest value for Q3 2024.
- Quarterly Other Gross PP&E Adjustments fell 14.89% to -$162.0 million in Q3 2024 from the year-ago period, while the trailing twelve-month figure was -$162.0 million through Sep 2024, down 14.89% year-over-year, with the annual reading at -$511.0 million for FY2023, 0.59% down from the prior year.
- Other Gross PP&E Adjustments hit -$162.0 million in Q3 2024 for Fifth Third Bancorp, up from -$175.0 million in the prior quarter.
- In the past five years, Other Gross PP&E Adjustments ranged from a high of -$141.0 million in Q3 2023 to a low of -$859.0 million in Q1 2020.
- Historically, Other Gross PP&E Adjustments has averaged -$381.7 million across 5 years, with a median of -$454.0 million in 2021.
- Biggest five-year swings in Other Gross PP&E Adjustments: soared 91.3% in 2020 and later plummeted 214.74% in 2022.
- Year by year, Other Gross PP&E Adjustments stood at -$423.0 million in 2020, then dropped by 0.95% to -$427.0 million in 2021, then fell by 18.97% to -$508.0 million in 2022, then decreased by 0.59% to -$511.0 million in 2023, then skyrocketed by 68.3% to -$162.0 million in 2024.
- Business Quant data shows Other Gross PP&E Adjustments for FITB at -$162.0 million in Q3 2024, -$175.0 million in Q2 2024, and -$535.0 million in Q1 2024.