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Real Estate & Property Law

: Housing Wire

Goodwill Impairments Drive Fifth Third?s $2.2 Billion Loss

By DIANA GOLOBAY

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Fifth Third Bancorp (FITB: 2.80 -29.82%) reported Thursday a net loss of $2.2 billion — or $3.94 per share — for all of 2008. These losses reflected a quarterly loss of $2.2 billion — or $3.82 per share — for the fourth quarter, a leap from the $81 million loss reported for the third quarter. [...]

Full post as published by Housing Wire on January 22, 2009 (boomark / email).

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