Fifth Third Bancorp (WKN: 875029 / FITB ) / Nasdaq

HOMEPAGE:
http://www.53.com/

SEC-FILINGS:
http://www.sec.gov/cgi-bin/...00035527&owner=include&count=40

NEWS:
http://www.finanznachrichten.de/...ten-aktien/fifth-third-bancorp.asp
http://finance.yahoo.com/q?s=FITB

BÖRSENPLÄTZE:
http://www.ariva.de/quote/simple.m?secu=6627

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Finanzbericht 2008:
http://www.sec.gov/Archives/edgar/data/35527/...312509042550/d10k.htm

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BUSINESS:

Fifth Third Bancorp operates as a diversified financial services holding company. The company's Commercial Banking segment offers banking, cash management, and financial services; traditional lending and depository products and services; other services, including foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Its Branch Banking segment provides a range of deposit and loan, and lease products to individuals and corporations. Its products include checking and savings accounts, home equity loans and lines of credit, and credit cards and loans for automobile and personal financing needs. The company's Consumer Lending segment involves in mortgage and home equity lending activities, such as origination, retention, and servicing of mortgage and home equity loans; other indirect lending activities, which include loans to consumers through mortgage brokers, automobile dealers, and federal and private student education loans. Its Investment Advisors segment offers a range of investment alternatives for individuals, companies, and not-for-profit organizations. This segment also offers investment, trust, asset management, retirement planning, and custody services, as well as retail brokerage services to individual clients and broker dealer services to the institutional marketplace. Its Fifth Third Processing Solutions segment offers electronic funds transfer, debit, credit, and merchant transaction processing services; and data processing services. As of December 31, 2008, Fifth Third Bancorp operated 1,307 full-service banking centers, including 92 Bank Mart locations and 2,341 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, and Georgia. The company was founded in 1862 and is headquartered in Cincinnati, Ohio.

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30.03.2009 Fifth Third Bancorp and Advent International Announce Fifth Third Processing Solutions Joint Venture
http://www.finanznachrichten.de/...ng-solutions-joint-venture-008.htm

CINCINNATI and BOSTON, March 30 /PRNewswire-FirstCall/ -- Fifth Third Bancorp (News) and Advent International announced today that they have signed a definitive agreement whereby Advent International will acquire a 51% interest in Fifth Third's processing business through the establishment of a joint venture that values the new company at approximately $2.35 billion before valuation adjustments by either party. Fifth Third will retain the remaining 49 percent interest in the new company, Fifth Third Processing Solutions, LLC.

Pursuant to the agreement, Fifth Third Bank (OH), an indirect wholly owned subsidiary of Fifth Third Bancorp, will contribute the assets and operations of Fifth Third's merchant acquiring and financial institutions processing businesses to a new limited liability company ("LLC"). The LLC's capitalization prior to the purchase of this interest will include senior secured notes payable to subsidiaries of Fifth Third in the amount of $1.25 billion. Advent will pay Fifth Third $561 million in cash for a 51 percent ownership interest in the equity of the LLC and for certain put rights. Additionally, Fifth Third will receive warrants in the new company exercisable in certain circumstances. Fifth Third estimates the valuation adjustments related to these warrants, the put rights, and minority interest discounts may reduce its implied valuation of the business by an estimated $50 million. The agreement is subject to certain potential purchase price adjustments. The terms and conditions of the transaction are more fully described in Fifth Third's Form 8-K filed on March 30, 2009. The transaction will be accounted for under Financial Accounting Standard 160, "Noncontrolling Interests in Consolidated Financial Statements." Fifth Third will retain its credit card issuing business, including retail credit card and commercial multi-card services.

...(weiter siehe LINK)

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p.s:
Einstieg von 0815ax in FITB am 25.02.09 zum Kurs von 1,18€

Vielen Dank für die Eröffnung des Threads ax ! :-)

 

 

 

http://www.finanznachrichten.de/...l-durch-anteilsverkauf-auf-009.htm

30.03.2009 14:13
Fifth Third Bancorp stockt Kapital durch Anteilsverkauf auf

Cincinnati (BoerseGo.de) - Die US-Bank Fifth Third Bancorp (News) einigte sich über den Verkauf von 51 Prozent ihrer Anteile an der Zahlabwicklungssparte an die Beteiligungsgesellschaft Advent International Corp. Der Deal wird zur Umwandlung des abgespaltenen Bereichs in eine neue Gesellschaft mit dem Namen Fifth Third Processing Solutions führen. Advent wird an Fifth Third 561 Millionen Dollar in bar zahlen. Zudem erhält Fifth Third zur Finanzierung der Ausgliederung Bankkredite im Volumen von 1,25 Milliarden Dollar.

Gemäß dem Chairman und CEO von Fifth Third Kevin Kabat wird der Deal die mit Tier 1 bezeichnete Eigenkapitalquote voraussichtlich deutlich erhöhen.

Fifth Third Bancorp verbilligen sich vorbörslich um 4,26% auf 2,25 Dollar
(© BörseGo AG 2007 - http://www.boerse-go.de, Autor: Huber Christoph, Redakteur)

 

http://shortsqueeze.com/?symbol=fitb&submit=Short+Quote%99

Fifth Third Bancorp   $ 2.53
FITB
Short Interest (Shares Short) 46,852,300
Days To Cover (Short Interest Ratio) 1.5
Short Percent of Float 8.16 %

Total Shares Outstanding 577,364,046
% Owned by Insiders 2.31 %
% Owned by Institutions 80.30 %

Record Date 2009-MarB
Sector Financial
Industry Regional - Midwest Banks
Exchange NAS

Da hab ich ein richtiges Schnäppchen (add) heute morgen bei 1,67€ gemacht !! :-)  

hast du nachgekauft oder bist du nun wieder eingestiegen ?

nachgekauft !!!!  

Fifth Third Makes First Dividend Payment to U.S. Treasury
Date : 03/31/2009 @ 9:58AM
Source : PR Newswire
Stock : Fifth Third Bancorp (MM) (FITB)
Quote :  2.58  0.1 (4.03%) @ 9:44AM

http://ir.53.com/...;p=irol-newsArticle&ID=1271490&highlight=  

Fifth Third Bank Signs Garda Cash Logistics to Deliver Remote Currency Manager Product
Date : 03/31/2009 @ 10:45AM
Source : PR Newswire
Stock : Fifth Third Bancorp (MM) (FITB)
Quote :  2.8  0.32 (12.90%) @ 11:32AM


Fifth Third Bank Signs Garda Cash Logistics to Deliver Remote Currency Manager Product




Treasury Management solution processes $3 billion for customers

CINCINNATI, March 31 /PRNewswire-FirstCall/ -- Fifth Third Bank has signed with Garda's Cash Logistics solutions for the Bank's Remote Currency Manager (RCM) product. This signing allows cash-intensive retail businesses the ability to use the Bank's industry-leading receivables end to end cash management solution.

"Garda is excited to work with Fifth Third Bank to provide a premium in-store cash control solution for its leading edge RCM product," said Michael McSpadden, senior vice president, Product Management and Optimization for Garda Cash Logistics. "The power of this combined solution provides businesses labor savings, increased revenue opportunities and quicker access to invest their store sales. With Garda's CashLINK cash management system and Remote Currency Manager, the bank comes to the customer."

With 140 branches, 2,200 armored vehicles and 8,000 employees across the U.S., Garda Cash Logistics is recognized as a premium provider that makes its customers' world more secure.

RCM is an automated smart safe designed to track deposit information as customers feed currency directly into the note reader. The safe verifies the currency, checks for counterfeits, and automatically tracks the cash deposits for fast, easy balancing and reconcilement. Deposit activity is transmitted from the smart safe to Fifth Third Bank for credit to the customer's account, providing daily use of funds. Based on the customer's business needs, cash is securely retrieved from the smart safe and delivered to the cash vault.

"Fifth Third Bank is pleased to increase the value of our innovative RCM solution by providing our clients more options in reengineering their cash collections," said Marlene Lieberman, vice president and product executive for Emerging Payments in the Bank's Commercial Treasury Management division.

Remote Currency Manager has been installed in more than 1,000 locations and the Bank anticipates doubling the number of locations by year-end. The signing makes Garda the second cash logistics provider of this innovative solution.

RCM is a vital component of an integrated receivables solution for cash, checks and cards designed to meet the needs of the Retail sector, currently processing more than $3 billion per year for thousands of retail locations. From collections to deposits to electronic payments, the Bank has a solution to help a retail business save time, lower costs and maintain its competitive edge.

"Fifth Third Bank continues to invest in industry-leading technology, providing our clients with a wide range of solutions to meet their growing needs," said Patrick Moore, senior vice president, Director of Treasury Product Management at Fifth Third Bank. "We leverage strategic partnerships to provide the right tools and technologies to consolidate the receipt, processing and depositing of paper and electronic payments."

The Bank's Treasury Management receivable solutions include: Electronic Collection Solutions, Paper Collection Solutions, Cash Solutions, Healthcare Solutions and Fifth Third Processing Solutions.

About Garda:

Garda, the fifth largest integrated physical security and cash logistics firm worldwide on an annualized revenue basis, is well known for addressing complex security and investigations issues. As a leading provider in consulting, investigation and security services, Garda is recognized as one of the fastest growing companies with operations across Canada and the United States, Latin America, Europe, the Middle East, Africa, and Asia. With approximately 50,000 dedicated professionals, Garda offers integrated solutions in cash logistics, physical security, consulting and investigations, and enterprise intelligence services. Its team includes specialists and some of the most highly qualified and best-trained experts in the industry. For more information, visit: http://www.gardaglobal.com/ and http://www.gardacashlogistics.com/.

About Fifth Third Bank:

Fifth Third Bancorp (NASDAQ:FITB) is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $120 billion in assets, operates 16 affiliates with 1,309 full-service Banking Centers, including 95 Bank Mart(R) locations open seven days a week inside select grocery stores and 2,355 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates five main businesses: Commercial Banking, Branch Banking, Consumer Lending, Investment Advisors and Fifth Third Processing Solutions. Fifth Third is among the largest money managers in the Midwest and, as of December 31, 2008, has $179 billion in assets under care, of which it managed $25 billion for individuals, corporations and not-for- profit organizations. Investor information and press releases can be viewed at http://www.53.com/. Fifth Third's common stock is traded on the NASDAQ(R) National Global Select Market under the symbol "FITB." Member FDIC.

DATASOURCE: Fifth Third Bank


CONTACT: Whitney Ellis of Fifth Third Bank, +1-513-534-6791


Web Site: http://www.53.com/  

http://www.bizjournals.com/columbus/stories/2009/...html?surround=lfn

Tuesday, March 31, 2009, 11:42am EDT
Fifth Third pays $43M dividend to feds

Fifth Third Bancorp has issued a $42.6 million dividend payment to the U.S. Treasury Department.

It’s the Cincinnati-based bank’s first such payment to the government after receiving $3.4 billion in federal funds from the U.S. Treasury’s Capital Purchase Program, designed to provide money to financial firms and increase credit availability to consumers and businesses. Fifth Third issued 36,320 shares of preferred shares to the Treasury on Dec. 31 in exchange for the money.

Several of the largest banks with operations in Central Ohio, including Huntington Bancshares Inc. (NASDAQ:HBAN), received capital infusions through the program.

Fifth Third (NASDAQ: FITB) has 18 affiliates with about 1,300 branches and more than 2,000 ATMs in Ohio, Kentucky, Indiana, Georgia, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania and Missouri. It is the third-largest bank in the region, with about $3.7 billion in deposits at midyear 2008, according to data from the Federal Deposit Insurance Corp.

stimme FRIENDS im Nachbar-Thread zu (kommt ja bekanntlich nicht so oft vor!):
mMn werden die  3 USD heute auch fallen...

Da ist noch VIEL mehr drin !!!!  

 

Banks Holding Up in Tests, but May Still Need Aid

By ERIC DASH
Published: April 8, 2009

For the last eight weeks, nearly 200 federal examiners have labored inside some of the nation’s biggest banks to determine how those institutions would hold up if the recession deepened.

http://www.nytimes.com/2009/04/09/business/...l?_r=1&ref=business

das wir in 10 Tagen 8-10 usd errreichen...  

HEUTE BIS 4,6..  

morgen geht weiter...