Fifth Third (FITB) Stock Still Looks Cheap On New Banking Launch

Fifth Third Bancorp has delivered a 128.3% total return over the past 3 years, yet the sharper question now is whether that kind of share price journey lines up with the returns the bank actually earns on its capital. With the stock recently closing at US$50.64 and fresh growth plans on the table, the key issue is how much of those capital returns are already baked into today’s valuation. Over 3 years, shareholders have seen a 128.3% total return, which puts real pressure on the current...