Business Segments · Equipment expense

Consumer and Small Business Banking — Equipment expense

Fifth Third Bank Consumer and Small Business Banking — Equipment expense increased by 26.7% to $19.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.8%, from $16.00M to $19.00M. Over 3 years (FY 2022 to FY 2025), Consumer and Small Business Banking — Equipment expense shows an upward trend with a 15.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2026

How to read this metric

An increase may indicate higher investment in branch technology or infrastructure, while a decrease suggests cost-cutting or reduced physical footprint.

Detailed definition

This metric represents the costs associated with maintaining, leasing, and depreciating hardware and technology infrastr...

Peer comparison

Comparable to noninterest expense line items for technology and equipment in retail banking segments at peer regional banks.

Metric ID: fitb_segment_consumer_and_small_business_banking_equipment_expense

Historical Data

18 periods
 Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$9.00M$9.00M$10.00M$9.00M$10.00M$11.00M$10.00M$11.00M$12.00M$13.00M$13.00M$13.00M$12.00M$16.00M$13.00M$14.00M$15.00M$19.00M
QoQ Change+0.0%+11.1%-10.0%+11.1%+10.0%-9.1%+10.0%+9.1%+8.3%+0.0%+0.0%-7.7%+33.3%-18.8%+7.7%+7.1%+26.7%
YoY Change+0.0%+22.2%+0.0%+22.2%+20.0%+18.2%+30.0%+18.2%+0.0%+23.1%+0.0%+7.7%+25.0%+18.8%
Range$9.00M$19.00M
CAGR+19.2%
Avg YoY Growth+14.7%
Median YoY Growth+18.5%
Current Streak3 quarters growth

Frequently Asked Questions

What is Fifth Third Bank's consumer and small business banking — equipment expense?
Fifth Third Bank (FITB) reported consumer and small business banking — equipment expense of $19.00M in Q1 2026.
How has Fifth Third Bank's consumer and small business banking — equipment expense changed year-over-year?
Fifth Third Bank's consumer and small business banking — equipment expense increased by 18.8% year-over-year, from $16.00M to $19.00M.
What is the long-term trend for Fifth Third Bank's consumer and small business banking — equipment expense?
Over 3 years (2022 to 2025), Fifth Third Bank's consumer and small business banking — equipment expense has grown at a 15.1% compound annual growth rate (CAGR), from $38.00M to $58.00M.
What does consumer and small business banking — equipment expense mean?
The total cost of equipment and technology hardware used to support consumer and small business banking operations.