Cincinnati-based Fifth Third (FITB)
has never really been my favorite regional bank. With a performance
that matches the trailing 12-month performance for the regional indices,
beats slightly on a two-year comp and trails modestly on a five-year
comp, I can’t say that I regret that position all that much. In fairness
to this bank, though, performance has been improving recently,
and if management can skillfully reposition the bank for this next
phase of the cycle and successfully integrate MB Financial (MBFI), there’s enough upside here to at least consider the name.
Read more here:
Signs Of Improved Momentum At Fifth Third Are Welcome
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