Business Segments · Net occupancy expense
Consumer Lending — Net occupancy expense
Fifth Third Bank Consumer Lending — Net occupancy expense remained flat by 0.0% to $2.00M in Q2 2022 compared to the prior quarter. Year-over-year, this metric declined by 33.3%, from $3.00M to $2.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ3 2017
Last reportedQ2 2022
Rolls up toOccupancy and equipment
How to read this metric
Lower expenses generally indicate a more efficient physical footprint or successful consolidation of branch networks.
Detailed definition
This metric captures the net costs associated with maintaining physical branch locations and office space for the consum...
Peer comparison
Standard operating expense category for banks with physical branch networks.
Metric ID:
fitb_segment_consumer_lending_net_occupancy_expenseHistorical Data
5 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | |
|---|---|---|---|---|---|
| Value | $3.00M | $2.00M | $2.00M | $2.00M | $2.00M |
| QoQ Change | — | -33.3% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | -33.3% |
Range$2.00M – $3.00M
CAGR-33.3%
Avg YoY Growth-33.3%
Median YoY Growth-33.3%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Fifth Third Bank's consumer lending — net occupancy expense?
- Fifth Third Bank (FITB) reported consumer lending — net occupancy expense of $2.00M in Q2 2022.
- How has Fifth Third Bank's consumer lending — net occupancy expense changed year-over-year?
- Fifth Third Bank's consumer lending — net occupancy expense decreased by 33.3% year-over-year, from $3.00M to $2.00M.
- What does consumer lending — net occupancy expense mean?
- Net costs of maintaining physical office and branch space for the consumer lending segment.