FIFTH THIRD BANCORP Annual Amortization of Intangible Assets in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Fifth Third Bancorp quarterly/annual Amortization of Intangible Assets history and growth rate from 2010 to 2023.
  • Fifth Third Bancorp Amortization of Intangible Assets for the quarter ending June 30, 2024 was $8M, a 20% decline year-over-year.
  • Fifth Third Bancorp Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $39M, a 18.8% decline year-over-year.
  • Fifth Third Bancorp annual Amortization of Intangible Assets for 2023 was $43M, a 10.4% decline from 2022.
  • Fifth Third Bancorp annual Amortization of Intangible Assets for 2022 was $48M, a 2.13% increase from 2021.
  • Fifth Third Bancorp annual Amortization of Intangible Assets for 2021 was $47M, a 14.5% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $43M -$5M -10.4% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-27
2022 $48M +$1M +2.13% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-27
2021 $47M -$8M -14.5% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-27
2020 $55M +$1M +1.85% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $54M +$49M +980% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-25
2018 $5M +$3M +150% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $2M $0 0% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-02
2016 $2M $0 0% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-01
2015 $2M -$2M -50% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-28
2014 $4M -$4M -50% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-24
2013 $8M -$5M -38.5% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-25
2012 $13M -$9M -40.9% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-25
2011 $22M -$21M -48.8% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-24
2010 $43M Dec 31, 2009 Dec 31, 2010 10-K 2011-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.