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Fifth Third Bancorp (FITB) Rent Expense: 2016-2024

Historic Rent Expense for Fifth Third Bancorp (FITB) over the last 9 years, with Dec 2024 value amounting to $88.0 million.

  • Fifth Third Bancorp's Rent Expense rose 6.02% 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 2.42%. This contributed to the annual value of $339.0 million for FY2024, which is 2.42% up from last year.
  • According to the latest figures from Q4 2024, Fifth Third Bancorp's Rent Expense is $88.0 million, which was up 8.64% from $81.0 million recorded in Q3 2024.
  • In the past 5 years, Fifth Third Bancorp's Rent Expense registered a high of $96.0 million during Q4 2020, and its lowest value of $74.0 million during Q3 2022.
  • For the 3-year period, Fifth Third Bancorp's Rent Expense averaged around $81.5 million, with its median value being $82.5 million (2022).
  • Per our database at Business Quant, Fifth Third Bancorp's Rent Expense increased by 14.29% in 2020 and then decreased by 19.79% in 2021.
  • Quarterly analysis of 5 years shows Fifth Third Bancorp's Rent Expense stood at $96.0 million in 2020, then declined by 19.79% to $77.0 million in 2021, then grew by 6.49% to $82.0 million in 2022, then increased by 1.22% to $83.0 million in 2023, then climbed by 6.02% to $88.0 million in 2024.
  • Its Rent Expense was $88.0 million in Q4 2024, compared to $81.0 million in Q3 2024 and $83.0 million in Q2 2024.