Business Segments · Technology and communications
Branch Banking — Technology and communications
Fifth Third Bank Branch Banking — Technology and communications remained flat by 0.0% to $1.00M in Q2 2022 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $1.00M to $1.00M.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ3 2017
Last reportedQ2 2022
Rolls up toTechnology & Communications
How to read this metric
An increase reflects ongoing investment in digital capabilities, which may drive future efficiency or revenue growth.
Detailed definition
This metric captures the expenses related to the technology infrastructure, software, and communication systems supporti...
Peer comparison
Comparable to technology and data processing expenses at other retail banking institutions.
Metric ID:
fitb_segment_branch_banking_technology_and_communicationsHistorical Data
5 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | |
|---|---|---|---|---|---|
| Value | $1.00M | $1.00M | $2.00M | $1.00M | $1.00M |
| QoQ Change | — | +0.0% | +100.0% | -50.0% | +0.0% |
| YoY Change | — | — | — | — | +0.0% |
Range$1.00M – $2.00M
CAGR+0.0%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
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Frequently Asked Questions
- What is Fifth Third Bank's branch banking — technology and communications?
- Fifth Third Bank (FITB) reported branch banking — technology and communications of $1.00M in Q2 2022.
- How has Fifth Third Bank's branch banking — technology and communications changed year-over-year?
- Fifth Third Bank's branch banking — technology and communications decreased by 0.0% year-over-year, from $1.00M to $1.00M.
- What does branch banking — technology and communications mean?
- Total costs for technology and communication systems supporting the branch network.