Fifth Third Bancorp (BSP:FFTD34) Allowance For Loans And Lease Losses : R$-11,245 Mil (As of Dec. 2023)

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What is Fifth Third Bancorp Allowance For Loans And Lease Losses?

Fifth Third Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was R$-11,245 Mil.

Fifth Third Bancorp's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 (R$-11,202 Mil) to Sep. 2023 (R$-11,478 Mil) but then increased from Sep. 2023 (R$-11,478 Mil) to Dec. 2023 (R$-11,245 Mil).

Fifth Third Bancorp's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (R$-10,614 Mil) to Dec. 2022 (R$-11,430 Mil) but then increased from Dec. 2022 (R$-11,430 Mil) to Dec. 2023 (R$-11,245 Mil).

Fifth Third Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for Fifth Third Bancorp's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fifth Third Bancorp Allowance For Loans And Lease Losses Chart

Fifth Third Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-4,863.83

-12,470.75

-10,614.25

-11,429.73

-11,245.04

Fifth Third Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-11,443.29	-11,202.34	-11,477.54	-11,245.04	-11,543.18

Fifth Third Bancorp Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Fifth Third Bancorp Allowance For Loans And Lease Losses Related Terms

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Fifth Third Bancorp (BSP:FFTD34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fifth Third Bancorp (BSP:FFTD34) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

FITBO.PFD:USA FITBP.PFD:USA FITBI.PFD:USA FITB:USA FFH:Germany

Address

38 Fountain Square Plaza, Cincinnati, OH, USA, 45263

Website

https://www.53.com

Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking centers and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.

Fifth Third Bancorp (BSP:FFTD34) Headlines

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