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.
An increase may indicate higher investment in branch technology or infrastructure, while a decrease suggests cost-cutting or reduced physical footprint.
This metric represents the costs associated with maintaining, leasing, and depreciating hardware and technology infrastr...
Comparable to noninterest expense line items for technology and equipment in retail banking segments at peer regional banks.
fitb_segment_consumer_and_small_business_banking_equipment_expense| Q3 '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 | $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% |