Use access key #2 to skip to page content.
$8.06 0.13 (1.64%)
1/8/2009 4:00 PM

Fifth Third Bancorp (FITB)

CAPS Rating:
*

The Company conducts its principal lending, deposit gathering, transaction processing and service advisory activities through its banking and non-banking subsidiaries.

View All Commentary (FITB)

Recs

0

Avatar smacke01 (35.31) Submitted: 9/11/08 7:54 PM : Underperform Start Price: $14.66 FITB Score: 18.15

They have a ton of half finished condo buildings in south florida where I live. FITB is dreaming thinking it will sell these nonperforming loans at small discounts. When the FDIC starts applying pressure, reality will hit FITB real hard with the price somebody will actually pay for its nonperforming / half complete condo buildings in south florida. As long as they continue to lie to themselves, the outlook will be bleak.

Report this Post Replies: 0 | Reply | Permalink

Featured Broker Partners

Sponsored Links