Fifth Third Bank Commercial Banking — Equipment expense increased by 14.3% to $8.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $8.00M to $8.00M. Over 4 years (FY 2021 to FY 2025), Commercial Banking — Equipment expense shows an upward trend with a 4.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may indicate investment in new technology or infrastructure, while a decrease could suggest cost-cutting or aging equipment.
This metric represents the portion of noninterest expenses allocated to the Commercial Banking segment specifically for...
Peers report this under noninterest expense allocations; variations depend on the bank's level of digital transformation.
fitb_segment_commercial_banking_equipment_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.00M | $7.00M | $6.00M | $7.00M | $7.00M | $7.00M | $6.00M | $7.00M | $7.00M | $7.00M | $8.00M | $7.00M | $7.00M | $7.00M | $7.00M | $8.00M | $8.00M | $8.00M | $7.00M | $8.00M |
| QoQ Change | — | +0.0% | -14.3% | +16.7% | +0.0% | +0.0% | -14.3% | +16.7% | +0.0% | +0.0% | +14.3% | -12.5% | +0.0% | +0.0% | +0.0% | +14.3% | +0.0% | +0.0% | -12.5% | +14.3% |
| YoY Change | — | — | — | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +33.3% | +0.0% | +0.0% | +0.0% | -12.5% | +14.3% | +14.3% | +14.3% | +0.0% | +0.0% |