macroguy

When Will Fifth Third Bancorp Turn Around?

I don't follow FITB. I am a presently retired CEO of a commercial finance company and watch the stock prices and announcements of many of my old peer group members who are either banks, commercial finance companies or BDCs. This is cycle # five for me.

Revenues and earnings are complex, at times misleading and some times just wrong. Tangible assets values also have issues as they too can be overstated. But, I look first at price to tangible asset value to assess the attractiveness of a stock and am curious as to where FITB trades in this regard.