Fifth Third Bancorp (FITB) Research & Development (2016 - 2024)
Historic Research & Development for Fifth Third Bancorp (FITB) over the last 9 years, with Q4 2024 value amounting to $123.0 million.
- Fifth Third Bancorp's Research & Development rose 512.82% to $123.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $479.0 million, marking a year-over-year increase of 390.46%. This contributed to the annual value of $474.0 million for FY2024, which is 215.52% up from last year.
- According to the latest figures from Q4 2024, Fifth Third Bancorp's Research & Development is $123.0 million, which was up 512.82% from $121.0 million recorded in Q3 2024.
- Fifth Third Bancorp's Research & Development's 5-year high stood at $123.0 million during Q4 2024, with a 5-year trough of $89.0 million in Q3 2020.
- In the last 5 years, Fifth Third Bancorp's Research & Development had a median value of $104.5 million in 2021 and averaged $105.2 million.
- Its Research & Development has fluctuated over the past 5 years, first tumbled by 3382.35% in 2020, then skyrocketed by 1683.17% in 2023.
- Quarter analysis of 5 years shows Fifth Third Bancorp's Research & Development stood at $90.0 million in 2020, then increased by 14.44% to $103.0 million in 2021, then grew by 6.8% to $110.0 million in 2022, then rose 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.