Fifth Third Bancorp (FITB) Sales of Property, Plant and Equipment (2010 - 2024)
Fifth Third Bancorp's Sales of Property, Plant and Equipment was -$51 million in Q4 2024, compared with $4 million a year earlier.
Fifth Third Bancorp (FITB) Sales of Property, Plant and Equipment (2010 - 2024) Analysis & Trends
For FY2024, Sales of Property, Plant and Equipment at Fifth Third Bancorp came in at $24 million, up 242.9% from FY2023.
- Sales of Property, Plant and Equipment shows a five-year compound annual growth rate of -23.2% (FY2019 to FY2024).
- In earlier years, Sales of Property, Plant and Equipment was $7 million in FY2023 (+250.0%), $2 million in FY2022 (-89.5%), $19 million in FY2021 (-42.4%) and $33 million in FY2020 (-63.3%).
- The Q4 2024 figure marks the lowest quarterly Sales of Property, Plant and Equipment in data going back to Q4 2010.
- The best year-over-year quarter for Sales of Property, Plant and Equipment over five years was Q1 2024 (growth of 400.0%); the worst was Q4 2021 (a decline of 94.1%).
- Per Business Quant data, FITB's Sales of Property, Plant and Equipment in the three quarters before Q4 2024 was $59 million (Q3 2024), $1 million (Q2 2024) and $15 million (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Sale) (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | - |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | - |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | - |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | - |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | - |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 146.00 Mn |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | - |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | - |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | Fifth Third Bancorp | 48.03 Bn | -34.20 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -51.00 Mn |
| Sep 30, 2024 | 59.00 Mn |
| Jun 30, 2024 | 1.00 Mn |
| Mar 31, 2024 | 15.00 Mn |
| Dec 31, 2023 | 4.00 Mn |
| Mar 31, 2023 | 3.00 Mn |
| Dec 31, 2022 | 1.00 Mn |
| Jun 30, 2022 | 1.00 Mn |
| Dec 31, 2021 | 1.00 Mn |
| Sep 30, 2021 | 1.00 Mn |
| Jun 30, 2021 | 5.00 Mn |
| Mar 31, 2021 | 12.00 Mn |
| Dec 31, 2020 | 17.00 Mn |
| Sep 30, 2020 | 4.00 Mn |
| Jun 30, 2020 | 6.00 Mn |
| Mar 31, 2020 | 6.00 Mn |
| Dec 31, 2019 | 55.00 Mn |
| Sep 30, 2019 | 23.00 Mn |
| Jun 30, 2019 | 10.00 Mn |
| Mar 31, 2019 | 2.00 Mn |
Fifth Third Bancorp Sales of Property, Plant and Equipment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=sales-of-property-plant-and-equipment&ticker=FITB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "sales-of-property-plant-and-equipment", "ticker": "FITB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=sales-of-property-plant-and-equipment&ticker=FITB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();