Fifth Third Bancorp (FITB)

Fifth Third Bancorp (the Bancorp) is a diversified financial services company. As of December 31, 2008, the Bancorp operated 18 affiliates with 1,307 full-service banking centers, including 92 Bank Mart locations open seven days a week inside select grocery stores and 2,341 Jeanie automated teller machines (ATMs) in the midwestern and southeastern regions of the United States. The Bancorp operates through five business segments: Commercial Banking, Branch Banking, Consumer Lending, Fifth Third Processing Solutions (FTPS) and Investment Advisors. On June 6, 2008, Fifth Third Bancorp completed the acquisition of First Charter Corporation.

The banks had a nice rebound today, but uncertainty about their future has not improved. With the likely volatility ahead, there should be plenty of opportunity to play price fluctuations of the bank stocks. For now I'll red thumb following the price rise.

big, big CRE and in very bad geographic area. going down hard and fast in 10Q1

* Rated worst credit quality by Barclays
* grew their commercial business rapidly at the height of the boom
* up over 900% from a near bankruptcy valuation

Financials for the long haul

Poised to make big gain after passing the "stress test".

The stock wants to go higher

This account tracks the performance of the investment firm Ruane, Cunniff, and Goldfarb - the investment manager of Sequoia Fund.

I hope this one doesn't come back to bite me in the a$$

This is a well run super-regional bank that has managed their exposure to residential and commercial real estate losses well. There are still some pains to be felt short-term, but as those issues get resolved this stock is poised for huge gains.

They dumped their bad mortgage loans early, and are aggressively re-financing loans with tighter controls. Commercial loans are an uncertainty, but the economy has bottomed and is starting to improve.. which should mitigate the amount of bad commercial paper.

This stock weathered the financial crisis and does not appear to be headed toward failure. There is still growth potential here.

The stock missed out the financial sector rally during the second quarter of 2009. FITB's fundamentals are not as bad as other financial institutions whose stocks have outperform S&P500 during the past six month.

It's just a matter of time... I sense that adjustment period is coming soon. FITB will bounce back and outpace S&P500 and the rest of the financial sector.

Excluding the 19 biggest banks that underwent the stress test, banks with nonperforming loans above 5% had combined deposits of $193 billion, according to Bloomberg data.

This is another bank stock that is starting to get institutional buyers and has been fairly (relatively) strong through out this whole mess.

Along with HBAN, this regional bank has a solid management group and will outperform over the long run.

fool

FITB is trading at half of its cash per share.

FITB had a great run from Feb to May... and then it held its gains quite well from May to July when the market was in a sideways (or downward) B. If FITB did so well in the upward A of this bear market rally, it should also participate well in the upward C later this year.

Fundamentals

Buy this stock. When it hits $25 mark, ask me how did I know...