Fifth Third in Ninth Inning Of the Cycle?

Landy, Heather
June 2010
American Banker;6/15/2010, Vol. 175 Issue 91, p1
Trade Publication
The author reports that Fifth Third Bancorp is viewed as being further ahead in the credit cycle than its peers due to its actions in June 2008. At that time, Fifth Third prepared for financial crisis by announcing a dividend cut, preferred stock sale and major assets sale. Although Fifth Third has yet to repay capital from the U.S. Troubled Asset Relief Program, its rating outlook has been upgraded from negative to stable.


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