Fifth Third Bancorp
FITB: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$73.00 | Jkn | Wpclszgt |
Fifth Third's Deposit Base Is Holding Up Decently Well, Shares Modestly Undervalued
Business Strategy and Outlook
Fifth Third is a midsize regional bank, primarily concentrated in the Midwest. The bank has a mix of commercial and retail banking offerings, as well as a healthy mix of corporate banking/capital markets, wealth, and payments fees.