Fifth Third Bancorp (FITB) Research & Development: 2016-2024
Historic Research & Development for Fifth Third Bancorp (FITB) over the last 9 years, with Dec 2024 value amounting to $123.0 million.
- Fifth Third Bancorp's Research & Development rose 5.13% to $123.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $475.0 million, marking a year-over-year increase of 2.37%. This contributed to the annual value of $474.0 million for FY2024, which is 2.16% up from last year.
- As of Q4 2024, Fifth Third Bancorp's Research & Development stood at $123.0 million, which was up 1.65% from $121.0 million recorded in Q3 2024.
- In the past 5 years, Fifth Third Bancorp's Research & Development registered a high of $123.0 million during Q4 2024, and its lowest value of $89.0 million during Q3 2020.
- Over the past 3 years, Fifth Third Bancorp's median Research & Development value was $114.5 million (recorded in 2023), while the average stood at $112.8 million.
- In the last 5 years, Fifth Third Bancorp's Research & Development tumbled by 33.82% in 2020 and then climbed by 16.83% in 2023.
- Over the past 5 years, Fifth Third Bancorp's Research & Development (Quarterly) stood at $90.0 million in 2020, then climbed by 14.44% to $103.0 million in 2021, then increased by 6.80% to $110.0 million in 2022, then climbed by 6.36% to $117.0 million in 2023, then rose by 5.13% to $123.0 million in 2024.
- Its Research & Development was $123.0 million in Q4 2024, compared to $121.0 million in Q3 2024 and $114.0 million in Q2 2024.