Fifth Third Bank Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff (Recovery) decreased by 57.5% to $144.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $136.00M to $144.00M. This is a positive signal — lower values indicate better performance for this metric.
High levels of net write-offs relative to the reserve suggest aggressive credit risk realization, whereas recoveries signal effective collection efforts.
Reflects the net impact of write-offs and subsequent recoveries on the allowance for credit losses for financing receiva...
Commonly reported by banks and insurers with lending operations as 'Net Charge-offs'.
other_financing_receivable_excluding_accrued_interest_al_e2d57a| Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $62.00M | $78.00M | $90.00M | $124.00M | $110.00M | $144.00M | $142.00M | $136.00M | $139.00M | $339.00M | $144.00M |
| QoQ Change | — | +25.8% | +15.4% | +37.8% | -11.3% | +30.9% | -1.4% | -4.2% | +2.2% | +143.9% | -57.5% |
| YoY Change | — | — | — | +100.0% | +41.0% | +60.0% | +14.5% | +23.6% | -3.5% | +138.7% | +5.9% |