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Fifth Third Bancorp (FITB) Research & Development (2016 - 2024)

Fifth Third Bancorp (FITB) has disclosed Research & Development for 9 consecutive years, with $123.0 million as the latest value for Q4 2024.

  • Quarterly Research & Development rose 5.13% to $123.0 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $475.0 million through Dec 2024, up 2.37% year-over-year, with the annual reading at $516.0 million for FY2025, 8.86% up from the prior year.
  • Research & Development hit $123.0 million in Q4 2024 for Fifth Third Bancorp, up from $121.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $123.0 million in Q4 2024 to a low of $89.0 million in Q3 2020.
  • Historically, Research & Development has averaged $105.2 million across 5 years, with a median of $104.5 million in 2021.
  • Biggest five-year swings in Research & Development: crashed 33.82% in 2020 and later rose 16.83% in 2023.
  • Year by year, Research & Development stood at $90.0 million in 2020, then rose by 14.44% to $103.0 million in 2021, then grew by 6.8% to $110.0 million in 2022, then increased by 6.36% to $117.0 million in 2023, then rose by 5.13% to $123.0 million in 2024.
  • Business Quant data shows Research & Development for FITB at $123.0 million in Q4 2024, $121.0 million in Q3 2024, and $114.0 million in Q2 2024.