$Fifth Third Bancorp (FITB.US)$American company listed in 19...

Revenue has continued to grow over the past 5 years, with an average growth rate of 7%. The 5-year average net profit was 2.3 billion yuan. In 2023, preferred stock dividends accounted for 5.8% of net profit, which had little impact. Net profit attributable to common shareholders averaged 2.18 billion yuan over 5 years. The return on net assets in 2023 is 13.7%, and the 5-year arithmetic average is 12%, which is pretty good.

The balance ratio has increased from 87.5% to 91.1% over the past 5 years. Goodwill and other intangible assets account for 35.4% of the $19.172 billion net assets. Treasury shares are $7.262 billion, and there is no change in common share capital.

Currently, the price-earnings ratio is 10.7. The five-year average net profit corresponds to a price-earnings ratio of 10.7, a net price-earnings ratio of 1.4, and a dividend ratio of 3.9%. Dividends have been growing steadily over the past 10 years, but the valuation is not attractive.