Fifth Third Bancorp (FITB) Other Gross PP&E Adjustments: 2016-2024
Historic Other Gross PP&E Adjustments for Fifth Third Bancorp (FITB) over the last 9 years, with Sep 2024 value amounting to -$534.0 million.
- Fifth Third Bancorp's Other Gross PP&E Adjustments fell 1.91% to -$534.0 million in Q3 2024 from the same period last year, while for Sep 2024 it was -$2.1 billion, marking a year-over-year decrease of 1.87%. This contributed to the annual value of -$511.0 million for FY2023, which is 0.59% down from last year.
- Per Fifth Third Bancorp's latest filing, its Other Gross PP&E Adjustments stood at -$534.0 million for Q3 2024, which was up 1.11% from -$540.0 million recorded in Q2 2024.
- In the past 5 years, Fifth Third Bancorp's Other Gross PP&E Adjustments registered a high of -$423.0 million during Q4 2020, and its lowest value of -$859.0 million during Q1 2020.
- Over the past 3 years, Fifth Third Bancorp's median Other Gross PP&E Adjustments value was -$522.0 million (recorded in 2023), while the average stood at -$514.3 million.
- As far as peak fluctuations go, Fifth Third Bancorp's Other Gross PP&E Adjustments spiked by 91.30% in 2020, and later declined by 18.97% in 2022.
- Quarterly analysis of 5 years shows Fifth Third Bancorp's Other Gross PP&E Adjustments stood at -$423.0 million in 2020, then declined by 0.95% to -$427.0 million in 2021, then fell by 18.97% to -$508.0 million in 2022, then fell by 0.59% to -$511.0 million in 2023, then dropped by 1.91% to -$534.0 million in 2024.
- Its Other Gross PP&E Adjustments was -$534.0 million in Q3 2024, compared to -$540.0 million in Q2 2024 and -$535.0 million in Q1 2024.