Eye on the Bailout
Fifth Third Bancorp
Cincinnati, Ohio
| Committed: | $3,408,000,000 | ||||
| Disbursed: | $3,408,000,000 | Returned: | $0 | Revenue to Gov't: | $170,400,000 |
| Net Outstanding: | $3,237,600,000 | ||||
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| 0.5% | of all bailout funds committed. |
| 3.8% | of the Bank industry bailout. |
Stress Tested
This company is among the 19 companies that underwent a "stress test." Regulators determined that it needs to raise $1.1 billion in additional capital.
See the list of all 19 stress-tested companies here.
Map: Corporate headquarters of Fifth Third Bancorp.
See all recipients in Ohio
Events
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$3.4B
Dec. 31, 2008 Purchase - Preferred Stock w/ Warrants
Part of the Capital Purchase Program
More info from sev.prnewswire.com
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May 7, 2009 Federal releases the results of its stress tests
According to the results of the Federal Reserve's "stress tests," 10 of the 19 largest banks will have to raise a total of $74.6 billion in additional capital to withstand a dire economic scenario. Ultimately, all of the banks raise the money privately, with the exception of GMAC.
More info from www.propublica.org
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$42.6M
May 31, 2009 Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Part of the Capital Purchase Program
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$42.6M
Jun. 30, 2009 Dividend Paid
Part of the Capital Purchase Program
More info from www.financialstability.gov
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$42.6M
Sep. 30, 2009 Dividend Paid
Part of the Capital Purchase Program
More info from www.financialstability.gov
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$42.6M
Dec. 31, 2009 Dividend Payment
Part of the Capital Purchase Program
More info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 12/31/2009 | Dividend | $42,600,000 | CPP | Dividend Payment |
| 09/30/2009 | Dividend | $42,600,000 | CPP | Dividend Paid |
| 06/30/2009 | Dividend | $42,600,000 | CPP | Dividend Paid |
| 05/31/2009 | Dividend | $42,600,000 | CPP | Dividends Paid Through 5/31/2009 |
| 12/31/2008 | Purchase | $3,408,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
For our blog, resources and more, see our main bailout page.
TARP Watchdog Launches Audit of Bailout Contracts 2/9
Chase Denied Loan Mods for Now Forbidden Reason—Homeowners in Limbo 2/4
Homeowners Say Banks Not Following Rules for Loan Modifications 1/14
Loan Mod Program Delays Even Worse for Those Struggling Not to Fall Behind 12/21
Bailout Breakdown: Losses Likely to Be Larger Than Treasury Estimates 12/11
Interactive Chart Shows Breakdown of Slow-Moving Loan Mod Program 12/11
Homeowners Getting Blame for Lack of Loan Mods, but Evidence Points to Banks and Servicers, Too 12/9
Bailout Balance Sheet December 2009: Taxpayers’ Revenues Grow, but So Do Losses 12/3
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