Stewie

Five Midget Banks I'm Watching

Come on, look at this guy's BIO. He is a career salesman, he is doing the best he can. This article is terrible and a complete waste of time.

Murky Objectives of the PPIP

"Their stock price will get a bump from the fact that the legacy securities are sold for more than their marked at or worth."

What ? That's a pretty big assumption, and not at all a "fact" as you portray it. If you think the pricing services, used by banks to value illiquid assets, are understating their actual bid price in a true open market than you are an idiot. Participation in this program will more likely lead to an acceleration of larger write downs. Your article is comical and extremely naive.

Will Banks Repaying TARP Take Back Their Toxic Waste Now?

That's brilliant Ed, a year ago when Fifth Third purchased the assets of a distressed of a Florida bank you penned an article how the Fed approval was in essence an all clear signal for FITB. ( I don't think we need to go into what has happened to FITB's stock price since your ridiculous assumption) Now you claim those very same regulators are engaged in a fraudulent scheme to hide under performing assets and staged a rigged stress test. So I guess in your opinion the Fed has gone through a deep metamorphosis in a short year, or could it just be you are clueless, which I expect is the real case. Talk about toxic waste.

Stress Tests Reveal Citi, BofA Need More Capital (But We Knew That)

Ummmmmmmm................ told us all FITB was in sound financial shape a few months ago. Pardon me if I file anything your naive a-- posts in the garbage.

Rating Fifth Third Bancorp: A Zombie of a Different Kind

I think possibly you have missed a little something. Although FITB didn't help create the current Toxic Mortgage Market, they have been tanking for eight years. They have bungled a series of takeovers and wasted billions in the process. To have sympathy for their management team is ludicrous. This is the same management that guided the street in September to a .25 Q4, only to miss by 67,000%.

When the economy improves and the mortgage market stabilizes this bank will still be stuck in neutral with no real plan. If it survives, it will lag its peers for decades.

Home Prices May Be Nearing Bottom, Bank Equities to Follow?

Geez look at the retail numbers............A commercial real estate meltdown is just starting, most commercial banks have a huge exposure. This guy is kidding himself.

10 Banks 'Guaranteed' to Survive and Prosper

I just don't get it at all, FITB has been tanking since 2002, long before the current mortgage/credit markets began their nosedive. What on earth would make you think they will bounce back and prosper when they clearly have both a flawed business model and a foot print from hell ? Did you do any research at all ? Did you just throw names in a hat ? FITB had already borrowed more than 4 billion in the last two years prior to the TARP money. It didn't do anything for them, why would a government loan suddenly overcome bad management ?

Four Banks to Bank on - Barron's

Why would anyone who had an interest in the regional sector go anywhere near Comerica or Fifth Third. Both these banks struggle to grow organically and both have a huge exposure to Michigan.

Regulators Signal Confidence in Fifth Third

Is this a joke or something. Freedom Bank has four branches and a measly $250 million in deposits, the FDIC was probably happy to find anyone who wanted them.

To equate this as an all clear signal for FITB is just plain stupid. Is FITB on the same path as NCC no, but it is still one of the worst regionals out there. FITB was in a free fall long before the current mortgage crisis, and they will remain a laggard long after other banks start to recover.

When Will Fifth Third Bancorp Turn Around?

That's a valid point for sure but about a dozen years behind the curve. Today commercial banks rely far more on fee revenue, than the loan portfolio as a their primary earnings engine. That's why many banks are now trading at multiples of tangible book that would have seemed insane in 1990. Just look to some of the recent bank mergers (last seven years) as evidence. In 1990 the market would have punished a bank who paid more than 125% of book, now deals of 3 to 4 times book are standard. I am not saying all of it is prudent but that's the way it is.

S&P 1500 Regional Banks Index Down 33% YTD

Yes try KRE............

When Will Fifth Third Bancorp Turn Around?

This is a joke right......for FITB to trade at $32 it would take a PE of 28 which is double the current PE of Chase. Are you guys smoking something ?

The 20 Highest of the High-Yield Dividend Aristocrats

Just how is FITB cutting their dividend good timing on your part, especially considering you baghold their largest shareholder (CINF).

"Most investors are told to buy when everyone else is selling." Thanks but I prefer to buy when everyone is buying.

Goldman Sachs Raids the Cookie Jar

That's a good point, but since the $380 million is on deposit isn't FITB still presently booking that as net capital and wouldn't it plus additional funds disappear if they lost the tax case.

Was FITB trying to force a negotiation by taking a single transaction to jury trial, it that was their plan it didn't work out very well.

Thanks for responding.

Goldman Sachs Raids the Cookie Jar

FITB does have the same issues:Although this isn't as large as KEY's loss it is only one of what could be large numbers of lease backs they hold. Also remember KEY will likely appeal that decision so their capital may not be affected for several months. In my opinion KEY used the court decision as a single event excuse to try and cover-up multiple problems. Below is a link to the FITB Federal Court decision.

www.usdoj.gov/opa/pr/2...