Fifth Third Bancorp (FITB) Tax Provisions: 2016-2024
Historic Tax Provisions for Fifth Third Bancorp (FITB) over the last 9 years, with Dec 2024 value amounting to $145.0 million.
- Fifth Third Bancorp's Tax Provisions rose 20.83% to $145.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $601.0 million, marking a year-over-year decrease of 6.09%. This contributed to the annual value of $602.0 million for FY2024, which is 5.79% down from last year.
- Per Fifth Third Bancorp's latest filing, its Tax Provisions stood at $145.0 million for Q4 2024, which was down 6.45% from $155.0 million recorded in Q3 2024.
- Fifth Third Bancorp's 5-year Tax Provisions high stood at $202.0 million for Q2 2021, and its period low was $14.0 million during Q1 2020.
- Over the past 3 years, Fifth Third Bancorp's median Tax Provisions value was $161.0 million (recorded in 2022), while the average stood at $157.5 million.
- Per our database at Business Quant, Fifth Third Bancorp's Tax Provisions tumbled by 93.67% in 2020 and then surged by 1,250.00% in 2021.
- Quarterly analysis of 5 years shows Fifth Third Bancorp's Tax Provisions stood at $142.0 million in 2020, then climbed by 16.20% to $165.0 million in 2021, then increased by 7.27% to $177.0 million in 2022, then crashed by 32.20% to $120.0 million in 2023, then climbed by 20.83% to $145.0 million in 2024.
- Its Tax Provisions was $145.0 million in Q4 2024, compared to $155.0 million in Q3 2024 and $163.0 million in Q2 2024.