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Subsequent Event
3 Months Ended
Mar. 31, 2015
Subsequent Events  
Subsequent Event

21. Subsequent Event

On April 27, 2015, the Bancorp entered into an accelerated share repurchase transaction with a counterparty pursuant to which the Bancorp purchased 6,704,835 shares, or approximately $155 million, of its outstanding common stock on April 30, 2015. The Bancorp repurchased the shares of its common stock as part of its Board approved 100 million share repurchase program previously announced on March 18, 2014. The Bancorp expects the settlement of the transaction to occur on or before July 28, 2015.