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Fifth Third Bancorp (FITB) Research & Development: 2009-2024

Historic Research & Development for Fifth Third Bancorp (FITB) over the last 16 years, with Dec 2024 value amounting to $474.0 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.
  • Latest data reveals that Fifth Third Bancorp reported Research & Development of $474.0 million as of FY2024, which was up 2.16% from $464.0 million recorded in FY2023.
  • In the past 5 years, Fifth Third Bancorp's Research & Development registered a high of $474.0 million during FY2024, and its lowest value of $362.0 million during FY2020.
  • Moreover, its 3-year median value for Research & Development was $464.0 million (2023), whereas its average is $451.3 million.
  • In the last 5 years, Fifth Third Bancorp's Research & Development decreased by 14.22% in 2020 and then climbed by 11.54% in 2023.
  • Fifth Third Bancorp's Research & Development (Yearly) stood at $362.0 million in 2020, then climbed by 7.18% to $388.0 million in 2021, then increased by 7.22% to $416.0 million in 2022, then climbed by 11.54% to $464.0 million in 2023, then rose by 2.16% to $474.0 million in 2024.