BULLETIN: Fifth Third Bancorp Acquiring First Nat'l. Bankshares of Fla. Has No Ratings Effect - S&P Global Ratings’ Credit Research

BULLETIN: Fifth Third Bancorp Acquiring First Nat'l. Bankshares of Fla. Has No Ratings Effect

BULLETIN: Fifth Third Bancorp Acquiring First Nat'l. Bankshares of Fla. Has No Ratings Effect - S&P Global Ratings’ Credit Research
BULLETIN: Fifth Third Bancorp Acquiring First Nat'l. Bankshares of Fla. Has No Ratings Effect
Published Aug 02, 2004
317 words — Published Aug 02, 2004
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Abstract:

NEW YORK (Standard&Poor's) Aug. 2, 2004--The announced acquisition by Fifth Third Bancorp (AA-/Stable/A-1+) of First National Bankshares of Florida has no implications for Standard&Poor's Ratings Services' ratings on the company, as First National Bankshares of Florida represents a relatively minor transaction for Fifth Third in terms of scale. The acquisition extends Fifth Third's Florida presence by about $5 billion and is consistent with Fifth Third's historic approach of using acquisitions to enhance organic growth.

  
Brief Excerpt:

RESEARCH BULLETIN: Fifth Third Bancorp Acquiring First Nat'l. Bankshares of Fla. Has No Ratings Effect Publication date: 02-Aug-2004 NEW YORK (Standard & Poor's) Aug. 2, 2004--The announced acquisition by Fifth Third Bancorp (##-/Stable/A-1+)...

  
Report Type:

Bulletin

Ticker
Issuer
GICS
Regional Banks (40101015)
Sector
Global Issuers , Public Finance
Country
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MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: Fifth Third Bancorp Acquiring First Nat'l. Bankshares of Fla. Has No Ratings Effect" Aug 02, 2004. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Fifth-Third-Bancorp-Acquiring-First-Nat-l-Bankshares-of-Fla-Has-No-Ratings-Effect-388076>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Fifth Third Bancorp Acquiring First Nat'l. Bankshares of Fla. Has No Ratings Effect Aug 02, 2004. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Fifth-Third-Bancorp-Acquiring-First-Nat-l-Bankshares-of-Fla-Has-No-Ratings-Effect-388076>
  
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