Fifth Third Bancorp (FITB) Tax Provisions (2016 - 2024)
Fifth Third Bancorp (FITB) has disclosed Tax Provisions for 9 consecutive years, with $145.0 million as the latest value for Q4 2024.
- Quarterly Tax Provisions rose 20.83% to $145.0 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $601.0 million through Dec 2024, down 6.09% year-over-year, with the annual reading at $689.0 million for FY2025, 14.45% up from the prior year.
- Tax Provisions hit $145.0 million in Q4 2024 for Fifth Third Bancorp, down from $155.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $202.0 million in Q2 2021 to a low of $14.0 million in Q1 2020.
- Historically, Tax Provisions has averaged $150.4 million across 5 years, with a median of $162.5 million in 2022.
- Biggest five-year swings in Tax Provisions: crashed 93.67% in 2020 and later soared 1250.0% in 2021.
- Year by year, Tax Provisions stood at $142.0 million in 2020, then grew by 16.2% to $165.0 million in 2021, then increased by 7.27% to $177.0 million in 2022, then crashed by 32.2% to $120.0 million in 2023, then increased by 20.83% to $145.0 million in 2024.
- Business Quant data shows Tax Provisions for FITB at $145.0 million in Q4 2024, $155.0 million in Q3 2024, and $163.0 million in Q2 2024.