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Fifth Third Bancorp (NAS:FITB)
Cash from Financing
$9,414 Mil (TTM As of Jun. 2014)

Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.

For the three months ended in Jun. 2014, Fifth Third Bancorp paid $150 Mil more to buy back shares than it received from issuing new shares. It received $3,122 Mil from issuing more debt. It received $306 Mil more from issuing preferred shares than it paid to buy back preferred shares. It spent $133 Mil paying cash dividends to shareholders. It spent $1,059 Mil on other financial activities. In all, Fifth Third Bancorp earned $2,086 Mil on financial activities for the three months ended in Jun. 2014.


Definition

This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.

Fifth Third Bancorp's Cash from Financing for the fiscal year that ended in Dec. 2013 is calculated as:

Cash from Financing(A: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1320+-2081+1034+-430+9123
=6,326

Fifth Third Bancorp's Cash from Financing for the quarter that ended in Jun. 2014 is

Cash from Financing(Q: Jun. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-150+3122+306+-133+-1059
=2,086

Fifth Third Bancorp Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2014 was 2714 (Sep. 2013 ) + 4347 (Dec. 2013 ) + 267 (Mar. 2014 ) + 2086 (Jun. 2014 ) = $9,414 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash from financing contains five items:

1. Net Issuance of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. If this number is positive, it means that the company has received more cash from issuing shares than it has paid to buy back shares. If this number is negative, it means that company has paid more cash to buy back shares than it has received for issuing shares.

Fifth Third Bancorp's net issuance of stock for the three months ended in Jun. 2014 was $-150 Mil. Fifth Third Bancorp paid $150 Mil more to buy back shares than it received from issuing new shares.

2. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

Fifth Third Bancorp's net issuance of debt for the three months ended in Jun. 2014 was $3,122 Mil. Fifth Third Bancorp received $3,122 Mil from issuing more debt.

3. Net Issuance of Preferred:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Fifth Third Bancorp's net issuance of preferred for the three months ended in Jun. 2014 was $306 Mil. Fifth Third Bancorp received $306 Mil more from issuing preferred shares than it paid to buy back preferred shares.

4. Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Fifth Third Bancorp's cash flow for dividends for the three months ended in Jun. 2014 was $-133 Mil. Fifth Third Bancorp spent $133 Mil paying cash dividends to shareholders.

5. Other Financing:
Money spent or earned by company from other financial activities.

Fifth Third Bancorp's other financing for the three months ended in Jun. 2014 was $-1,059 Mil. Fifth Third Bancorp spent $1,059 Mil on other financial activities.


Related Terms

Cash Flow from Operations, Cash Flow from Investing, Net Issuance of Stock, Net Issuance of Debt, Dividends, Net Issuance of Preferred


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Fifth Third Bancorp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock -898-1,553-39-1,084098601,648-650-1,320
Net Issuance of Debt 1,672-449-8,0741,2586,290-11,082-2,4211,558405-2,081
Net Issuance of Preferred 00004,471-220-205-3,73801,034
Dividends -704-794-867-898-706-27-2-171-344-430
Other Financing 3745,3771,9487,394-7,1655,052-2,5444,1264,3439,123
Cash from Financing 4442,581-7,0326,6702,890-5,291-5,1723,4233,7546,326

Fifth Third Bancorp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Net Issuance of Stock 0-75-350-225-125-5390-656-99-150
Net Issuance of Debt -3071,695-623-360-2,543-1,5832,564-5192,8963,122
Net Issuance of Preferred -90-8170593-18459-9306
Dividends -74-74-73-123-88-105-93-144-103-133
Other Financing 55-1,2124575,0431,5922,0632615,207-2,418-1,059
Cash from Financing -335334-5974,352-1,1644292,7144,3472672,086
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