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 $475.0 million, marking a year-over-year increase of 237.07%. This contributed to the annual value of $474.0 million for FY2024, which is 215.52% up from last year.
- Latest data reveals that Fifth Third Bancorp reported Research & Development of $123.0 million as of Q4 2024, which was up 512.82% from $121.0 million recorded in Q3 2024.
- Over the past 5 years, Fifth Third Bancorp's Research & Development peaked at $123.0 million during Q4 2024, and registered a low of $89.0 million during Q3 2020.
- Its 5-year average for Research & Development is $105.2 million, with a median of $104.5 million in 2021.
- As far as peak fluctuations go, Fifth Third Bancorp's Research & Development crashed by 3382.35% in 2020, and later surged by 1683.17% in 2023.
- Over the past 5 years, Fifth Third Bancorp's Research & Development (Quarter) stood at $90.0 million in 2020, then rose by 14.44% to $103.0 million in 2021, then increased by 6.8% to $110.0 million in 2022, then grew by 6.36% to $117.0 million in 2023, then grew 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.