4.0
1 Sept 2022
Recommend
CEO approval
Business outlook
Pros
Fast growing platform at the forefront of supporting the transition to a green economy. The Fifth Third acquisition brought about access to lower cost of stable capital, but it remains to be seen what the long term effects might be. Solid leadership team that will have less influence on the future direction of the company as a bank subsidiary.
Cons
The new benefits under Fifth Third are much worse than before, particularly the health plans. There will also be an impact on how nimble the company can be under so much bank regulation. Culture is starting to suffer as well.