SOURCE: World Street Fundamentals

June 28, 2011 09:00 ET

Equity Research on Fifth Third Bancorp and Huntington Bancshares Incorporated - Banking on Recovery

HONG KONG--(Marketwire - Jun 28, 2011) - Today, released its industry report highlighting Fifth Third Bancorp (NASDAQ: FITB) and Huntington Bancshares Incorporated (NASDAQ: HBAN). Full fundamental and technical analysis is available at

The United States banking industry is still questionable even though we have seen a sizeable recovery in recent quarters and several catalysts are to blame: asset quality is in check, tight regulations and banks tightening their belts, and worst of all the continued rise of residential and commercial foreclosures and loan defaults. Better news is that while low liquidity, loan demand and revenues continue to plague the financial system, help from the government has kept the industry relatively stable. Banks are aggressively playing "catch-up" concentrating on problem credits in residential and commercial real estate and the government has raised the bar providing substantial capital and debt guarantees.

World Street Fundamentals has highlighted Fifth Third Bancorp as a diversified financial services company. The Bancorp operates in four business segments: Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors. Fifth Third will extend its current HR outsourcing agreement with NorthgateArinso (NGA) until the end of 2019. In alignment with its strategic technology roadmap, Fifth Third has engaged NGA to upgrade its SAP HCM platform and unify the overall self-service user experience on euHReka. The entire report on Fifth Third Bancorp (NASDAQ: FITB) is available here:

World Street has featured Huntington Bancshares Incorporated for it provides full-service commercial, small business, consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, customized insurance programs, and other financial products and services. The Huntington National Bank (the Bank) is its only bank subsidiary. Select financial services and other activities are also conducted in various states. The entire report on Huntington Bancshares Incorporated (NASDAQ: HBAN) is available here:

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