RE:2.5 % Haircut = WhatThats the call you have to make. I am betting the share price does not make up for the 60% haircut in share count on Dec/17. Yes it will likely rise but not to offset the 60% hit. You will start getting getting dividends again but take a loss on your share equity to get this. Overtime as the banks rise FTN will rise. A better entry point is Dec/17 or shortly there after.