Goodwill accumulated impairment losses
Fifth Third Bank Goodwill accumulated impairment losses remained flat by 0.0% to $965.00M in Q4 2024 compared to the prior quarter. Over 3 years (FY 2020 to FY 2024), Goodwill accumulated impairment losses shows relatively stable performance with a 0.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
High accumulated impairment losses suggest past overpayment for acquisitions or significant deterioration in the value of acquired business units.
Detailed definition
This represents the cumulative amount of goodwill that has been written down due to impairment charges. It indicates his...
Peer comparison
Investors look for low or zero impairment to confirm the quality of past M&A activity.
other_goodwill_impaired_accumulated_impairment_lossHistorical Data
| Q4 '21 | Q4 '22 | Q4 '24 | |
|---|---|---|---|
| Value | $965.00M | $965.00M | $965.00M |
| QoQ Change | — | +0.0% | +0.0% |
| YoY Change | — | +0.0% | — |
Business Segments
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 |
|---|---|---|---|---|
| Commercial Banking | $750.00M | $750.00M | $750.00M | $750.00M |
| Consumer and Small Business Banking | $215.00M | $215.00M | $215.00M | $215.00M |
| Wealth And Asset Management | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $965.00M | $965.00M | — | $965.00M |
Commercial Banking, Consumer and Small Business Banking, Wealth And Asset Management were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill accumulated impairment losses at Other Companies
Frequently Asked Questions
- What is Fifth Third Bank's goodwill accumulated impairment losses?
- Fifth Third Bank (FITB) reported goodwill accumulated impairment losses of $965.00M in Q4 2024.
- What is the long-term trend for Fifth Third Bank's goodwill accumulated impairment losses?
- Over 3 years (2020 to 2024), Fifth Third Bank's goodwill accumulated impairment losses has grown at a 0.0% compound annual growth rate (CAGR), from $965.00M to $965.00M.
- What does goodwill accumulated impairment losses mean?
- The total value of goodwill that has been written off due to impairment.