Promising Regional Banks For Patient Investors - Barron's [View article]
Synovus and MI still have some of the highest exposures to toxic real estate construction and development in some of the worst areas of the country. Same with Regions (FL, GA). Fifth Third is often referred to in most circles as 5th Turd because of their weak management - a continual underperformer. Look at reserve levels, provisions to deal with elevated NPAs and NCOs are likely to remain high. They are trading at TBV for a reason.
Promising Regional Banks For Patient Investors - Barron's [View article]