The expresses john rocker reporting of bobby cox autographed baseball interprets results underthe "if converted" method resulted in a further increase in our diluted sharecount for the quarter of 87 million shares, of which 51 million representedthe average effect prior to the exchange of common shares underlying Series Gpreferred shares that were exchanged. The remaining 8 million sharesunderlying the Series G Preferred were included in our average basic sharecount. In the future, these 51 million shares will be reflected in averagebasic and diluted shares on a full quarter basis. The remaining 36 millioncommon shares included in this quarter's average diluted share count continueto underlie unexchanged Series G preferred shares.
In previous quarters, theseshares were excluded from the diluted EPS calculation, as their impact wouldhave been anti-dilutive to EPS.Subsequent to the end of the second quarter of 2009, Fifth Third sold itsVisa, Inc baseball ticket . class B common shares for a pre-tax benefit of $317 million or anafter-tax benefit of $206 million, which will be recognized in the thirdquarter of 2009 These shares were carried on our books at a value of zero bobby cox signed baseball . Asa result, the transaction will benefit the Tier 1 Common capital ratio on apro forma basis by approximately 19 basis points.Conference CallFifth Third will host a conference call to discuss these financial results at9:00 a.m (Eastern Time) today baseball . This conference call will be webcast live byThomson Financial and may be accessed through the Fifth Third InvestorRelations website at (click on "About Fifth Third" then "InvestorRelations") hotel turner field . The webcast also is being distributed over Thomson Financial'sInvestor Distribution Network to both institutional and individual investors.Individual investors can listen to the call through Thomson Financial'sindividual investor center at or by visiting any of theinvestor sites in Thomson Financial's Individual Investor Network.Institutional investors can access the call via Thomson Financial'spassword-protected event management site, StreetEvents ().Those unable to listen to the live webcast may access a webcast replay orpodcast through the Fifth Third Investor Relations website at the same webaddress.
Additionally, a telephone replay of the conference call will beavailable beginning approximately two hours after the conference call untilThursday, August 6(th) by dialing 800-642-1687 for domestic access and706-645-9291 for international access (passcode 17561949#).Corporate ProfileFifth Third Bancorp is a diversified financial services company headquarteredin Cincinnati, Ohio bobby cox . As of June 30, 2009, the Company has $116 billion inassets, operates 16 affiliates with 1,306 full-service Banking Centers,including 99 Bank Mart(R) locations open seven days a week inside selectgrocery stores and 2,355 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois,Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and NorthCarolina world baseball series . Fifth Third operates four main businesses: Commercial Banking,Branch Banking, Consumer Lending, and Investment Advisors baseball managers . Fifth Third alsohas a 49% interest in Fifth Third Processing Solutions, LLC bobby cox autographed baseball . Fifth Third isamong the largest money managers in the Midwest and, as of June 30, 2009, has$180 billion in assets under care, of which it managed $24 billion forindividuals, corporations and not-for-profit organizations.
Investorinformation and press releases can be viewed at Fifth Third'scommon stock is traded on the NASDAQ(R) National Global Select Market underthe symbol "FITB."Forward-Looking StatementsThis news release contains statements that we believe are "forward-lookingstatements" within the meaning of Section 27A of the Securities Act of 1933,as amended, and Rule 175 promulgated thereunder, and Section 21E of theSecurities Exchange Act of 1934, as amended, and Rule 3b-6 promulgatedthereunder world series 1992 . These statements relate to our financial condition, results ofoperations, plans, objectives, future performance or business bobby cox signed baseball . They usuallycan be identified by the use of forward-looking language such as "will likelyresult," "may," "are expected to," "is anticipated," "estimate," "forecast,""projected," "intends to," or may include other similar words or phrases suchas "believes," "plans," "trend," "objective," "continue," "remain," or similarexpressions, or future or conditional verbs such as "will," "would," "should,""could," "might," "can," or similar verbs baseball . You should not place undue relianceon these statements, as they are subject to risks and uncertainties, includingbut not limited to the risk factors set forth in our most recent Annual Reporton Form 10-K and our most recent quarterly report on Form 10-Q . Whenconsidering these forward-looking statements, you should keep in mind theserisks and uncertainties, as well as any cautionary statements we may make.Moreover, you should treat these statements as speaking only as of the datethey are made and based only on information then actually known to us.