FIFTH THIRD BANCORP Interest Expense 2007-2024 | FITB
Beta
What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is FIFTH THIRD BANCORP's current interest expense?
FIFTH THIRD BANCORP (FITB) annual interest expense for 2023 was $3.93B, a 302.15% increase from 2022. FIFTH THIRD BANCORP interest expense for the quarter ending March 31, 2024 was $1.22B.
What was FIFTH THIRD BANCORP's interest expense in 2022?
FIFTH THIRD BANCORP annual interest expense for 2022 was $978.0M, a 121.77% increase from 2021.
What was FIFTH THIRD BANCORP's interest expense in 2021?
FIFTH THIRD BANCORP annual interest expense for 2021 was $441.0M, a 44.18% decline from 2020.
What is FIFTH THIRD BANCORP's 5-year interest expense CAGR?
FIFTH THIRD BANCORP interest expense grew at a compound annual growth rate (CAGR) of 30.40% from FY2018 to FY2023, going from $1.04B to $3.93B over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+30.4%
FY2018
$1.04B
→
FY2023
$3.93B
0708091011121314151617181920212223
5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $3.93B | +302.1% | 10-K |
| FY2022 | $978.0M | +121.8% | 10-K |
| FY2021 | $441.0M | -44.2% | 10-K |
| FY2020 | $790.0M | -45.8% | 10-K |
| FY2019 | $1.46B | +39.7% | 10-K |
| FY2018 | $1.04B | +50.9% | 10-K |
| FY2017 | $691.0M | +19.6% | 10-K |
| FY2016 | $578.0M | +16.8% | 10-K |
| FY2015 | $495.0M | +9.8% | 10-K |
| FY2014 | $451.0M | +9.5% | 10-K |
| FY2013 | $412.0M | -19.5% | 10-K |
| FY2012 | $512.0M | -22.5% | 10-K |
| FY2011 | $661.0M | -25.3% | 10-K |
| FY2010 | $885.0M | -32.6% | 10-K |
| FY2009 | $1.31B | -37.2% | 10-K |
| FY2008 | $2.09B | -30.6% | 10-K |
| FY2007 | $3.02B | - | 10-K |
Company: FIFTH THIRD BANCORPTicker: FITBSector: Financial ServicesIndustry: State Commercial BanksView company profile →