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.
Valuations for banks, including Fifth Third, are not demanding at today's levels. It shouldn't take much to outperform from here.
There are few positive catalysts left for the banks. Funding costs are running higher, net interest income has likely peaked, higher regulatory scrutiny is coming, and a recession may be around the corner.
|
Metric
|
FITB
|
JPM
|
PNC
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.83 | 11.14 | 12.98 |
Price/Book Value | 1.66 | 1.84 | 1.35 |
Price/Sales | 3.50 | 3.51 | 3.50 |
Price/Cash Flow | 7.99 | 9.01 | 9.86 |
|
Metric
|
FITB
|
JPM
|
PNC
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
FITB
|
JPM
|
PNC
|
|---|---|---|---|
Return on Assets (Normalized) | 1.23% | 1.44% | 0.95% |
Return on Equity (Normalized) | 16.03% | 19.14% | 11.10% |
Return on Invested Capital (Normalized) | — | — | — |
|
1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
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United States