Fifth Third Bancorp (FITB) Rent Expense (2016 - 2024)
Historic Rent Expense for Fifth Third Bancorp (FITB) over the last 9 years, with Q4 2024 value amounting to $88.0 million.
- Fifth Third Bancorp's Rent Expense rose 602.41% to $88.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $339.0 million, marking a year-over-year increase of 241.69%. This contributed to the annual value of $339.0 million for FY2024, which is 241.69% up from last year.
- Per Fifth Third Bancorp's latest filing, its Rent Expense stood at $88.0 million for Q4 2024, which was up 602.41% from $81.0 million recorded in Q3 2024.
- In the past 5 years, Fifth Third Bancorp's Rent Expense ranged from a high of $96.0 million in Q4 2020 and a low of $74.0 million during Q3 2022
- For the 5-year period, Fifth Third Bancorp's Rent Expense averaged around $82.0 million, with its median value being $82.0 million (2020).
- As far as peak fluctuations go, Fifth Third Bancorp's Rent Expense surged by 1428.57% in 2020, and later plummeted by 1979.17% in 2021.
- Quarter analysis of 5 years shows Fifth Third Bancorp's Rent Expense stood at $96.0 million in 2020, then decreased by 19.79% to $77.0 million in 2021, then increased by 6.49% to $82.0 million in 2022, then rose by 1.22% to $83.0 million in 2023, then rose by 6.02% to $88.0 million in 2024.
- Its last three reported values are $88.0 million in Q4 2024, $81.0 million for Q3 2024, and $83.0 million during Q2 2024.