Release date 10-27-2017 Page 1 of 19

Morningstar Analyst Rating

Fifth Third Bancorp FITB .
Last Price Day Change Open Price Day Range 52-Week Range Proj. Yield Market Cap Volume Avg Vol. Forward P/E P/B P/S P/CF

$ 29.07 ]0.22 | 0.76 % $ 28.85 28.76-29.09 21.18-29.22 2.20 20.51 bil 4.3 mil 5.0 mil 14.30 1.35 3.51 10.6

Stock Price 2017-01-02 - 2017-10-27 Dividends

XNAS:FITB: 2.10|7.79% Declared Date 19/09/2017
30.00
Ex-Dividend Date 28/09/2017
20.00 Latest Indicated Dividend Amount 0.16
Projected Yield 2.20 %
10.00

Recent Dividends & Type Amount

Splits
09/28/2017 Cash Dividends 0.1600
2017 06/28/2017 Cash Dividends 0.1400
Morningstars Take 03/29/2017 Cash Dividends 0.1400
Fifth Thirds reputation as a solidly profitable bank took a Fair Value Estimate $ 26.00 12/28/2016 Cash Dividends 0.1400
hit during the financial crisis. With a strong line of fee- Consider Buying $ 18.20
income businesses, the bank was regularly reporting Competitors
returns on... Consider Selling $ 35.10
Fair Value Uncertainty Medium Name Price % Chg TTM Sales
$ mil
Economic Moat Narrow
Stewardship Standard Fifth Third Bancorp $29.07 0.76 ] 6,230
Growth US Bancorp $54.44 0.26 ] 21,434
C
Profitability PNC Financial Services $138.17 0.23 ] 15,647
C Group Inc
Morningstar Credit Rating BB&T Corp $48.74 0.25 ] 11,136
SunTrust Banks Inc $60.62 0.02 ] 8,798
Key Stats M&T Bank Corp $167.82 0.13 ] 5,451
Stock Ind Avg Relative to Industry
Price/Earnings TTM 14.6 19.3 Recommendations
Price/Book 1.3 1.6 Current 3.0
Price/Sales TTM 3.5 4.3
Total Analysts: 9 5.0 3.0 1.0
Rev Growth (3 Yr Avg) -2.4 5.7 Buy Hold Sell
Net Income Growth (3 Yr Avg) -5.2 10.1
Operating Margin % TTM 33.6
Net Margin % TTM 23.9 22.4 Ownership
ROA TTM 1.1 1 Fund Owners Star % Shares % Total
ROE TTM 9.8 8.4 Rating Held Assets
Debt/Equity 0.9 0.7 BMO Equal Weight US QQQQ 0.19 5.54
Banks ETF
- Avg +
Scotia Private US 0.08 1.58
Dividend Pool
Financials Investors US QQQQ 0.06 2.00
Annual Quarterly
Opportunities B
Counsel US Value Series PQQQ 0.03 4.02
Income Statement 2016-12 2015-12 2014-12 2017-09 2016-09
BMO S&P 500 ETF (USD) QQQQQ 0.02 0.10
Revenue 6,311 6,536 6,052 2,531 1,747
Net Interest Income 3,615 3,533 3,579 970 907
Insiders % Change % Shares
Net Income 1,564 1,712 1,481 1,014 516 TTM Outstanding
Earnings Per Share 1.93 2.01 1.66 1.35 0.65
Greg D. Carmichael 72,617 0.07
Shares Outstanding 764 808 843 733 757
Lars Anderson 10,397 0.03
Timothy N Spence -6,169 0.02
Balance Sheet
Philip R Mchugh -15,637 0.02
Net Loans 91,596 92,213 90,023 91,389 92,939 Tayfun Tuzun 14,310 0.01
Total Assets 142,177 141,082 138,706 142,264 143,279
Deposits 103,821 103,205 101,712 101,452 101,271
Total Liabilities 125,972 125,243 123,080 125,904 126,503
Stockholders' Equity 16,205 15,839 15,626 16,360 16,776

Cash Flow
Cash From Operations 2,114 2,418 2,076 498
Cash From Investing -2,887 -3,931 -8,938 57
Cash From Financing 625 962 6,775 -750
In millions except "EPS". Currency in USD.
2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 2 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Classification Company Profile

NAICS Commercial Banking (522110) Fifth Third Bancorp provides banking products and
SIC Other Financial Intermediaries N.E.C. (7499);State Commercial Banks (6022) services. The company offers checking, savings & money
market accounts and credit products. Its segments are
ISIC Other Monetary Intermediation (6419) Commercial Banking, Branch Banking, Consumer Lending
and Wealth and Asset Management.

Operation Details 30-day Avg Volume 4.4Mil

Market Cap 20.5Bil
Fiscal Year Ends 2017-12-31
Net Income 1.6Bil
CIK 35527
Sales 6.2Bil
Year Established
Sector Financial Services
Employees (31/12/2016) 17,744
Industry Banks - Regional - US
Full Time 17,844
Part Time
Stock Style 2 Mid Value
Direct Investment Yes
Auditor (31/12/2016) Deloitte & Touche LLP
Dividend Reinvestment Yes
Legal Advisor (25/01/2011) Graydon, Head & Ritchey, LLP
Key Executives Greg D. Carmichael/Director; President and Chief Executive Officer of the Company and
Bank; Lars Anderson/Executive Vice President and Co-Chief Operating Officer; Timothy
N Spence/Executive Vice President and Chief Strategy Officer; Philip R
Mchugh/Executive Vice President; Tayfun Tuzun/Executive Vice President and Chief
Financial Officer; Jamie C. Leonard/Executive Vice President and Treasurer; Frank R.
Forrest/Executive Vice President and Chief Risk Officer; Mark D Hazel/Senior Vice
President, Controller and Principal Accounting Officer; Teresa J. Tanner/Executive Vice
President, Chief Administrative Officer and Chief Human Resources Officer; Aravind
Immaneni/Executive Vice President and Co-Chief Operations and Chief Technology
Officer; Jelena Mcwilliams/Executive Vice President, Chief Legal Officer and Corporate
Secretary

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 3 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
Morningstar Market Net P/S P/B P/E Dividend 5 Yr Rev Med Oper. Interest D/E
Rating Cap $Mil Income $Mil Yield% CAGR% Margin% Coverage
Fifth Third Bancorp QQQ 20,352 1,582 3.5 1.3 14.6 2.0 1.0 33.5 4.6 0.9
US Bancorp (USD) QQQ 90,831 5,953 4.3 2.1 16.4 2.1 2.2 40.0 5.9 0.9
PNC Financial Services Group Inc (USD) QQ 65,616 4,157 4.3 1.4 17.5 1.9 1.1 35.5 5.2 1.2
BB&T Corp (USD) QQQ 38,357 2,374 3.6 1.4 18.1 2.5 4.6 32.4 5.7 0.8
SunTrust Banks Inc (USD) QQ 28,850 1,934 3.4 1.3 16.1 2.0 0.3 27.9 5.8 0.5
M&T Bank Corp (USD) QQ 25,463 1,410 4.8 1.7 19.6 1.8 5.9 36.9 5.8 0.5
KeyCorp (USD) QQQ 19,983 1,137 3.3 1.4 18.7 1.9 4.8 27.9 3.4 0.9
Citizens Financial Group Inc (USD) 19,235 1,217 3.6 1.0 16.5 1.5 0.9 25.5 4.0 0.7
Regions Financial Corp (USD) QQ 18,418 1,232 3.5 1.1 16.6 1.8 -0.0 30.8 5.0 0.4
First Republic Bank (USD) QQQ 15,656 714 6.6 2.5 24.3 0.7 13.3 40.6 6.1 1.5
Huntington Bancshares Inc (USD) QQQ 15,035 845 3.6 1.6 19.6 2.3 6.2 30.3 4.5 0.9
Comerica Inc (USD) QQQ 13,895 718 4.8 1.7 19.9 1.3 3.1 29.3 7.0 0.6
SVB Financial Group (USD) Q 10,136 435 5.8 2.6 23.4 12.1 40.8 15.9 0.2
Zions Bancorp (USD) QQQ 9,372 573 3.9 1.3 18.7 0.8 1.1 25.2 9.1 0.1
Signature Bank (USD) QQQQ 7,335 337 5.9 1.9 21.5 18.8 57.6 4.9 0.8
PacWest Bancorp (USD) 6,459 351 5.4 1.4 16.9 4.1 29.6 40.8 11.2 0.1
Cullen/Frost Bankers Inc (USD) QQ 6,453 334 5.6 2.1 19.8 2.2 5.3 31.5 29.3 0.1
People's United Financial Inc (USD) 6,368 289 4.3 1.2 20.9 3.6 1.5 30.1 3.6 0.7
CIT Group Inc (USD) 6,199 -674 4.1 0.9 1.3 2.6 9.9 1.0 1.3
Bank of the Ozarks Inc (USD) 6,041 343 6.4 1.9 16.4 1.5 19.8 48.8 8.0 0.1
Commerce Bancshares Inc (USD) 5,955 290 5.0 2.4 21.2 1.5 1.7 35.9 13.2 0.0
Western Alliance Bancorp (USD) 5,928 290 7.7 2.9 20.3 19.1 48.2 9.3 0.2
BOK Financial Corp (USD) 5,714 300 3.8 1.7 19.1 2.0 3.1 34.2 5.1 1.6
Sterling Bancorp (USD) 5,677 159 6.8 2.9 21.0 1.1 34.9 4.6 1.4
Synovus Financial Corp (USD) 5,630 281 4.7 2.0 21.4 1.2 -1.5 28.0 4.1 0.7
Pinnacle Financial Partners Inc (USD) 5,214 151 6.5 1.4 21.6 0.8 18.7 42.9 6.0 0.1
Webster Financial Corp (USD) 5,133 230 5.0 2.1 23.2 1.8 5.8 32.6 3.9 0.8
First Citizens BancShares Inc (DE) (USD) 4,902 306 2.7 1.4 14.3 0.3 1.4 23.9 9.1 0.3
First Citizens BancShares Inc (DE) (USD) 4,902 306 3.1 1.5 16.2 0.3 1.4 23.9 9.1 0.3
Prosperity Bancshares Inc (USD) 4,672 274 6.4 1.3 17.0 2.0 14.4 55.5 10.5 0.3
Umpqua Holdings Corp (USD) 4,563 233 4.0 1.2 19.5 3.2 17.4 28.9 6.5 0.3
TFS Financial Corp (USD) 4,508 88 15.1 2.7 51.7 3.4 1.2 35.4 2.0 2.1
Wintrust Financial Corp (USD) 4,491 230 4.1 1.7 20.3 0.7 10.0 29.0 4.7 0.4
First Horizon National Corp (USD) 4,487 267 3.5 1.8 17.3 1.8 -2.9 9.2 4.9 0.4
F N B Corp (USD) 4,477 200 3.7 1.0 17.3 3.5 13.3 30.6 4.7 0.2
Texas Capital Bancshares Inc (USD) 4,344 200 5.5 2.2 22.7 15.9 40.5 4.8 1.4
Hancock Holding Co (USD) 4,254 199 4.2 1.5 20.9 1.9 4.6 20.5 3.6 0.1
First Hawaiian Inc (USD) 4,173 223 5.9 1.6 18.7 2.9 52.4 14.8 0.0
IBERIABANK Corp (USD) 4,039 195 3.8 1.2 18.2 1.9 13.4 22.3 5.0 0.2
Home BancShares Inc (USD) 4,013 189 6.4 2.7 17.4 1.6 22.0 49.0 10.2 1.0
Associated Banc-Corp (USD) 3,922 222 3.7 1.3 18.5 1.9 3.7 27.1 4.4 1.1
MB Financial Inc (USD) 3,891 190 4.1 1.5 21.2 1.7 14.8 29.5 7.4 0.2
United Bankshares Inc (USD) 3,883 156 5.5 1.2 19.6 3.6 9.7 42.7 5.9 0.4
Chemical Financial Corp (USD) 3,872 158 5.5 1.5 23.9 2.0 16.9 31.6 6.1 0.2
BankUnited Inc (USD) 3,761 242 3.6 1.5 15.8 2.4 8.1 38.5 2.8 2.1
UMB Financial Corp (USD) 3,703 171 3.6 1.8 21.0 1.4 5.8 21.3 8.5 0.0
Popular Inc (USD) 3,647 231 2.1 0.7 16.2 2.5 -3.6 14.4 2.4 0.3
Bank of Hawaii Corp (USD) 3,524 185 5.6 2.9 19.1 2.4 0.9 42.0 7.4 0.2
Cathay General Bancorp (USD) 3,380 194 7.1 1.8 17.2 2.0 4.4 53.6 4.0 0.3
Fulton Financial Corp (USD) 3,264 172 4.4 1.5 18.8 2.3 -1.0 29.3 3.5 0.5
First Financial Bankshares Inc (USD) 3,089 107 9.7 3.5 28.8 1.6 8.9 45.3 25.9 0.4

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 4 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
Valley National Bancorp (USD) 3,077 189 4.0 1.3 16.6 3.8 4.2 31.0 2.6 0.8
TCF Financial Corp (USD) 2,969 213 2.2 1.3 14.9 1.7 2.8 22.5 5.1 0.6
BancorpSouth Inc (USD) 2,913 151 4.0 1.7 19.9 1.6 0.7 24.4 7.6 0.1
Glacier Bancorp Inc (USD) 2,906 126 6.6 2.4 22.6 2.2 6.1 38.3 6.4 0.3
Community Bank System Inc (USD) 2,754 97 5.5 1.8 25.9 2.4 7.5 35.6 14.7 0.1
South State Corp (USD) 2,745 102 5.0 1.7 24.2 1.4 17.1 26.5 19.5 0.1
International Bancshares Corp (USD) 2,738 143 5.4 1.5 19.2 1.6 -0.7 38.9 5.6 0.6
Simmons First National Corp (USD) 2,709 95 4.3 2.2 19.5 1.7 20.9 24.7 7.6 0.4
CVB Financial Corp (USD) 2,665 109 8.7 2.5 24.2 2.2 1.7 55.5 21.3 0.0
Hope Bancorp Inc (USD) 2,560 143 4.8 1.3 17.5 2.6 22.1 47.2 4.3 0.5
Columbia Banking System Inc (USD) 2,528 114 5.7 1.9 21.9 2.0 13.1 32.4 35.4 0.1
Old National Bancorp (USD) 2,520 143 4.0 1.3 17.7 2.8 7.5 27.3 5.5 0.9
Great Western Bancorp Inc (USD) 2,476 140 5.5 1.4 17.6 1.8 44.1 6.4 0.3
First Midwest Bancorp Inc (USD) 2,360 106 3.6 1.3 19.6 1.6 5.8 26.7 5.8 0.5
Eagle Bancorp Inc (USD) 2,291 105 7.8 2.5 21.8 20.5 44.4 6.8 0.2
Trustmark Corp (USD) 2,274 115 3.9 1.5 19.9 2.7 2.0 27.4 6.7 0.0
Servisfirst Bancshares Inc (USD) 2,186 89 9.9 3.9 25.0 0.5 20.1 50.6 5.3 0.1
First Interstate BancSystem Inc (USD) 2,178 94 4.1 1.6 18.6 2.4 4.0 34.9 9.2 0.1
Towne Bank (USD) 2,165 91 5.0 1.9 23.4 1.6 12.9 26.2 3.8 0.5
First Merchants Corp (USD) 2,155 90 5.9 2.1 20.0 1.5 8.7 33.1 5.0 0.4
Capital Bank Financial Corp (USD) 2,146 75 5.6 1.6 27.5 1.2 5.8 28.2 3.6 0.4
Renasant Corp (USD) 2,104 96 4.2 1.7 19.2 1.7 17.7 28.5 5.8 0.2
United Community Banks Inc (USD) 2,071 104 4.8 1.8 19.3 1.3 7.4 34.9 7.5 0.7
FCB Financial Holdings Inc (USD) 2,068 128 6.8 1.8 16.6 19.5 4.0 0.9
Independent Bank Corp (USD) 1,965 78 6.0 2.1 24.4 1.7 7.1 31.5 7.0 0.2
LegacyTexas Financial Group Inc (USD) 1,965 100 5.4 2.1 19.4 1.5 23.3 37.5 5.3 1.2
Cadence Bancorp (USD) 1,964 90 5.0 1.5 21.7 21.5 2.8 0.4
Banner Corp (USD) 1,933 95 4.1 1.5 20.2 1.7 18.2 28.3 8.9 0.2
Ameris Bancorp (USD) 1,826 83 5.1 2.3 21.1 0.8 14.3 21.7 6.3 1.0
Wesbanco Inc (USD) 1,802 93 4.8 1.3 18.8 2.5 7.9 35.0 4.6 0.9
BancFirst Corp (USD) 1,784 81 5.5 2.4 22.1 1.4 5.9 32.8 8.3 0.0
Berkshire Hills Bancorp Inc (USD) 1,778 61 3.7 1.4 21.8 2.1 15.9 23.8 2.6 0.3
Independent Bank Group Inc (USD) 1,778 63 5.7 1.4 21.2 0.6 30.4 31.9 4.1 0.5
First Financial Bancorp (USD) 1,725 93 5.0 1.9 18.4 2.4 -3.4 32.5 4.9 0.1
Park National Corp (USD) 1,703 86 5.4 2.3 19.8 3.4 -3.0 37.2 4.2 1.1
NBT Bancorp Inc (USD) 1,685 81 4.4 1.8 20.8 2.4 6.3 29.7 6.3 0.2
Pacific Premier Bancorp Inc (USD) 1,668 44 6.2 1.7 28.7 29.6 33.7 5.8 0.5
CenterState Bank Corp (USD) 1,632 63 5.3 1.8 22.3 0.7 7.2 13.8 7.9 0.0
WSFS Financial Corp (USD) 1,594 70 5.1 2.2 23.3 0.6 9.3 32.8 5.3 1.5
First Busey Corp (USD) 1,557 58 4.9 2.5 21.2 2.2 6.3 31.3 8.5 0.4
Westamerica Bancorp (USD) 1,555 60 8.7 2.6 25.4 2.6 -7.2 42.1 38.8
Union Bankshares Corp (USD) 1,528 78 4.4 1.5 19.4 2.3 12.2 25.4 4.5 0.4
Heartland Financial USA Inc (USD) 1,509 79 3.3 1.9 16.5 0.8 14.8 23.5 4.7 0.3
S&T Bancorp Inc (USD) 1,466 79 5.4 1.7 18.5 1.9 7.3 37.5 4.9 0.1
Xenith Bankshares Inc (USD) 1,422 64 6.8 3.0 10.3 2.8 -2.3 0.7 0.1
First Commonwealth Financial Corp (USD) 1,417 65 4.7 1.6 20.5 2.1 1.3 25.4 5.6 0.1
Boston Private Financial Holdings Inc (USD) 1,362 76 3.7 1.8 20.5 2.6 3.8 28.2 4.7 1.0
1st Source Corp (USD) 1,354 65 4.9 1.9 20.8 1.4 2.4 35.4 5.0 0.2
Tompkins Financial Corp (USD) 1,310 62 5.0 2.3 20.9 2.1 9.4 33.1 4.9 1.7
Beneficial Bancorp Inc (USD) 1,309 35 6.3 1.3 36.7 1.4 1.3 16.7 2.7 0.5
FB Financial Corp (USD) 1,243 31 4.6 2.4 37.8 25.3 7.5 0.1
Lakeland Financial Corp (USD) 1,237 56 7.8 2.7 22.2 1.7 5.8 50.0 4.8 0.1
Brookline Bancorp Inc (USD) 1,214 55 4.6 1.5 20.5 2.3 14.4 34.2 3.4 1.3

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 5 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
State Bank Financial Corp (USD) 1,147 49 5.2 1.8 22.6 1.9 1.2 25.7 8.7 0.1
First BanCorp (USD) 1,118 101 2.0 0.6 11.3 2.7 7.0 2.3 0.5
City Holding Co (USD) 1,118 58 5.8 2.3 18.7 2.4 3.9 43.4 6.8 0.0
First Bancorp (USD) 1,086 31 4.7 2.2 25.7 0.9 -1.2 26.4 6.5 0.7
Southside Bancshares Inc (USD) 1,085 53 6.0 2.0 19.5 2.8 6.5 32.8 3.0 0.6
Banc of California Inc (USD) 1,072 98 1.8 1.5 13.1 2.4 77.3 8.8 3.5 1.4
First Bancorp (USD) 1,072 31 9.0 3.6 47.0 -1.2 26.4 6.5 0.7
Seacoast Banking Corp of Florida (USD) 1,071 35 5.0 1.9 27.1 15.5 12.9 6.2 0.8
Enterprise Financial Services Corp (USD) 1,049 49 5.3 1.9 19.4 1.0 4.6 34.5 6.5 1.0
Farmers & Merchants Bank of Long Beach (USD) 1,020 71 4.3 1.1 14.3 1.2 4.8 43.1 10.1 0.1
Hanmi Financial Corp (USD) 1,016 55 5.0 1.8 18.2 2.5 9.1 46.2 5.9 0.2
Sandy Spring Bancorp Inc (USD) 986 56 4.7 1.8 17.6 2.5 5.1 35.8 4.4 1.2
MainSource Financial Group Inc (USD) 982 45 5.1 1.9 20.8 1.7 3.2 26.8 5.7 1.0
Lakeland Bancorp Inc (USD) 982 48 5.2 1.7 20.0 1.9 7.6 35.3 4.6 0.7
TriCo Bancshares (USD) 974 50 4.5 2.0 19.6 1.5 9.4 33.0 13.7 0.2
Washington Trust Bancorp Inc (USD) 968 49 5.4 2.4 19.7 2.7 5.0 37.7 4.0 2.2
Central Pacific Financial Corp (USD) 966 48 4.8 1.9 20.2 2.1 2.8 33.0 8.9 0.2
Opus Bank (USD) 957 3 3.1 1.0 514.5 41.7 29.5 1.5 0.1
Preferred Bank (USD) 951 41 7.8 3.1 22.5 1.2 18.8 54.4 4.2 0.3
Heritage Financial Corp (USD) 908 42 5.3 1.8 21.7 1.6 17.5 27.1 9.8 0.3
Stock Yards Bancorp Inc (USD) 897 42 6.3 2.7 21.5 2.0 6.2 40.0 12.4 0.2
Trustco Bank Corp N Y (USD) 893 44 5.3 2.0 19.9 2.8 1.5 41.4 5.5
Community Trust Bancorp Inc (USD) 892 46 4.8 1.7 18.9 2.6 0.7 36.3 5.9 0.3
National Bank Holdings Corp (USD) 890 35 5.0 1.6 26.4 1.0 -5.4 5.5 2.8 0.2
Customers Bancorp Inc (USD) 882 90 3.2 1.3 10.2 40.3 39.7 2.9 3.3
CoBiz Financial Inc (USD) 880 37 5.7 2.8 23.9 1.0 3.0 30.3 5.0 0.4
German American Bancorp (USD) 877 39 6.7 2.5 22.0 1.3 8.2 40.0 6.8 0.7
Northfield Bancorp Inc (USD) 858 33 6.9 1.3 24.1 1.8 7.9 35.0 2.8
Green Bancorp Inc (USD) 853 13 5.6 1.9 63.9 32.1 23.5 0.9 0.8
ConnectOne Bancorp Inc (USD) 850 29 5.8 1.6 29.2 1.1 24.3 47.7 2.4 1.2
Republic Bancorp Inc (USD) 849 49 3.6 1.4 16.9 2.1 -5.6 31.0 4.8 1.7
Guaranty Bancorp (USD) 826 33 5.9 2.2 23.9 1.7 8.2 26.4 4.9 0.6
Univest Corp of Pennsylvania (USD) 819 29 4.2 1.6 29.3 2.6 9.3 23.4 2.9 0.6
Oritani Financial Corp (USD) 787 49 6.2 1.4 15.5 4.1 5.2 61.5 3.0 1.1
Great Southern Bancorp Inc (USD) 772 50 4.0 1.7 15.4 1.7 2.7 31.4 3.8 0.2
Bryn Mawr Bank Corp (USD) 753 37 4.6 1.9 20.4 1.9 10.6 30.5 6.0 0.5
First of Long Island Corp (USD) 748 33 7.4 2.3 21.9 1.9 7.9 39.2 3.2 1.2
Horizon Bancorp (IN) (USD) 725 29 4.7 2.0 21.6 1.7 12.8 27.2 2.6 1.5
Bridge Bancorp Inc (USD) 697 36 4.8 1.6 18.4 2.6 22.4 32.7 4.2 1.5
Park Sterling Corp (USD) 695 27 5.3 1.9 25.1 1.2 43.1 23.4 3.0 0.2
Midland States Bancorp Inc (USD) 687 31 3.2 1.5 18.4 2.2 23.3 4.2 1.1
Camden National Corp (USD) 685 42 4.5 1.7 16.4 2.1 9.2 35.3 4.5 0.2
Triumph Bancorp Inc (USD) 677 36 3.3 1.8 17.4 28.7 3.8 1.2
First Foundation Inc (USD) 666 31 4.5 2.1 20.4 21.9 4.4 1.5
TriState Capital Holdings Inc (USD) 653 31 5.0 1.8 20.5 18.8 27.6 2.8 1.0
QCR Holdings Inc (USD) 641 32 4.7 2.1 20.0 0.4 11.9 21.5 4.1 0.7
Pacific Continental Corp (USD) 633 25 6.0 2.2 24.4 1.6 9.9 33.9 5.7 0.8
Peoples Bancorp Inc (Marietta OH) (USD) 623 33 3.9 1.4 18.5 2.3 12.5 29.1 5.3 0.5
National Commerce Corp (USD) 619 22 5.2 1.7 23.4 27.1 4.9 0.1
Peapack Gladstone Financial Corp (USD) 614 30 4.5 1.7 19.5 0.6 13.8 27.4 3.1 0.3
Access National Corp (USD) 611 13 4.4 1.5 27.0 2.0 3.2 33.9 5.1 0.2
Carolina Financial Corp (USD) 610 25 5.5 2.2 20.7 0.4 30.8 3.9 0.3
Mercantile Bank Corp (USD) 608 30 4.8 1.7 19.5 2.0 16.7 33.1 4.7 0.8

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 6 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
Byline Bancorp Inc (USD) 605 78 4.0 1.4 7.2 -5.2 1.7 0.6
First Financial Corp (USD) 595 34 4.2 1.4 17.3 2.0 2.8 31.4 14.2 0.0
Fidelity Southern Corp (USD) 593 46 2.0 1.6 12.4 2.2 17.2 23.7 4.0 0.3
Veritex Holdings Inc (USD) 592 13 6.8 2.4 25.9 27.9 28.4 4.4 0.2
People's Utah Bancorp (USD) 571 25 6.5 2.4 22.6 1.0 33.0 7.4
Nicolet Bankshares Inc (USD) 565 27 4.5 1.6 19.3 29.6 4.8 0.2
Heritage Commerce Corp (USD) 558 27 5.2 2.1 20.1 2.7 13.5 31.2 14.7 0.1
Blue Hills Bancorp Inc (USD) 550 16 6.1 1.4 29.3 1.4 16.5 17.3 2.0 0.3
Republic First Bancorp Inc (USD) 526 6 6.3 2.4 66.1 9.0 5.5 1.7 0.1
Farmers & Merchants Bancorp (USD) 525 31 4.4 1.8 16.7 2.0 4.9 42.7 11.9 0.0
First Mid-Illinois Bancshares Inc (USD) 522 26 4.4 1.7 18.8 1.2 8.9 34.0 8.9 0.3
First Community Bancshares Inc (USD) 518 25 4.8 1.5 20.5 2.2 0.8 31.4 4.9 0.1
Allegiance Bancshares Inc (USD) 513 22 5.1 1.7 22.8 29.0 4.0 1.1
Arrow Financial Corp (USD) 500 27 5.0 2.1 18.4 2.7 3.4 37.5 8.0 0.3
Financial Institutions Inc (USD) 500 31 3.3 1.5 15.6 2.6 5.5 31.9 4.5 0.1
Hills Bancorp (USD) 492 31 4.7 1.6 15.8 3.0 42.2 3.9 0.9
HomeTrust Bancshares Inc (USD) 490 11 4.4 1.2 39.8 10.0 16.6 3.1 1.8
Sun Bancorp Inc (USD) 489 60 6.8 1.5 8.0 0.2 -9.2 -7.9 1.8 0.5
Bar Harbor Bankshares Inc (USD) 486 16 4.5 1.4 22.6 2.4 7.0 39.2 2.7 2.6
Independent Bank Corp (Ionia MI) (USD) 476 24 3.7 1.8 20.0 1.8 -2.9 22.5 5.8 0.5
Franklin Financial Network Inc (USD) 475 31 4.3 1.6 14.9 31.6 3.2 1.2
Century Bancorp Inc (USD) 474 27 4.9 1.9 17.4 0.6 4.8 26.8 2.1 1.9
The Bancorp Inc (USD) 469 -27 2.9 1.4 4.4 3.4 -4.7 0.2
WashingtonFirst Bankshares Inc (USD) 464 19 5.1 2.3 24.1 0.8 34.0 27.6 3.3 0.6
MidWestOne Financial Group Inc (USD) 449 24 3.5 1.3 18.0 1.8 14.1 29.8 3.1 0.4
Atlantic Capital Bancshares Inc (USD) 447 12 4.6 1.4 34.9 22.5 2.9 0.7
Bank of Marin Bancorp (USD) 439 22 5.3 1.8 19.6 1.5 3.3 39.6 17.1 0.0
Carter Bank & Trust (USD) 437 6 3.8 1.0 72.4 37.4 1.4
CNB Financial Corp (USD) 435 24 3.9 1.8 17.2 2.3 11.0 33.2 3.1 1.2
First Connecticut Bancorp Inc (USD) 431 18 4.7 1.6 23.3 1.7 9.3 16.9 2.3 1.4
Capital City Bank Group Inc (USD) 428 12 3.3 1.5 34.1 0.9 -2.7 8.6 6.5 0.2
Farmers National Banc Corp (USD) 425 22 4.5 1.9 19.1 1.3 13.2 22.5 7.4 0.0
Old Second Bancorp Inc (USD) 417 18 4.3 2.2 22.7 0.3 -1.6 18.4 3.5 0.5
Equity Bancshares Inc (USD) 409 14 4.5 1.5 27.7 24.5 2.5 0.9
Sierra Bancorp (USD) 405 19 4.2 1.9 19.5 2.0 4.4 31.2 8.9 0.2
OFG Bancorp (USD) 404 62 1.2 0.5 8.3 2.6 16.1 21.0 2.5 0.2
Southern National Bancorp of Virginia Inc (USD) 403 4 4.9 1.2 49.7 1.9 7.7 31.4 2.8 0.2
West Bancorp Inc (USD) 401 24 6.0 2.3 16.6 2.8 5.1 44.9 5.2 0.8
RBB Bancorp (USD) 384 25 5.4 2.0 20.0 49.8 3.8 0.3
Old Line Bancshares Inc (USD) 377 15 5.3 2.3 21.2 1.0 15.6 27.6 3.7 0.2
Farmers & Merchants Bancorp Inc (USD) 367 12 7.9 2.8 29.8 1.2 4.9 34.7 4.9 0.1
Macatawa Bank Corp (USD) 347 17 5.1 2.0 19.3 1.6 1.7 26.8 5.5 0.7
American National Bankshares Inc (USD) 345 16 5.3 1.7 21.1 2.4 5.0 36.5 4.7 0.2
First Bancorp Inc (USD) 341 18 6.0 1.9 18.6 3.0 1.0 38.1 3.3 0.7
PCSB Financial Corp (USD) 340 3 8.6 1.2 105.4 11.2 1.8 0.2
Peoples Financial Services Corp (USD) 339 20 4.2 1.3 16.8 2.7 11.5 31.2 4.4 0.2
Summit Financial Group Inc (USD) 334 12 4.3 1.7 23.4 1.6 3.2 29.9 2.7 0.3
Farmers Capital Bank Corp (USD) 328 14 4.1 1.7 22.4 0.9 1.4 27.1 4.4 0.1
Western New England Bancorp Inc (USD) 328 11 4.8 1.3 26.6 1.1 4.7 22.6 1.7 0.5
Paragon Commercial Corp (USD) 322 13 6.2 2.2 23.3 37.7 3.4 1.9
Guaranty Bancshares Inc (USD) 322 14 4.6 1.6 22.3 0.9 24.8 2.5 0.2
First Internet Bancorp (USD) 321 13 4.0 2.0 17.1 0.6 24.6 28.6 1.9 2.9
National Bankshares Inc (USD) 313 14 6.7 1.7 21.6 2.6 -1.1 45.9 5.5

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 7 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
Citizens & Northern Corp (USD) 312 15 5.4 1.6 19.6 4.1 -2.2 39.7 6.7 0.2
BSB Bancorp Inc (USD) 300 14 5.1 1.8 19.9 18.9 19.6 2.4
BankFinancial Corp (USD) 299 9 5.7 1.5 33.6 1.6 -5.5 17.5 4.1 0.3
Cambridge Bancorp (USD) 298 17 3.5 2.2 17.3 2.5 30.6 8.6 0.0
MutualFirst Financial Inc (USD) 298 13 4.6 2.0 21.8 1.6 2.2 26.1 2.9 1.6
Charter Financial Corp (USD) 290 15 4.3 1.4 18.5 1.3 9.6 19.6 4.2 0.3
Bankwell Financial Group Inc (USD) 283 13 5.0 1.8 20.3 0.8 22.4 24.4 2.5 1.1
Central Valley Community Bancorp (USD) 282 14 4.1 1.6 17.2 1.2 8.0 24.8 21.2 0.0
Ames National Corp (USD) 281 14 5.8 1.6 18.9 2.8 4.9 45.7 6.5 0.2
Southern First Bancshares Inc (USD) 281 13 4.8 2.0 19.7 15.6 25.1 3.5 0.6
Alerus Financial Corp (USD) 280 20 1.7 1.5 14.3 1.7 11.5 20.2 4.0 0.3
First Bancshares Inc (USD) 277 8 3.9 1.7 29.8 0.5 16.8 22.0 4.3 0.4
Codorus Valley Bancorp Inc (USD) 277 14 4.2 1.7 19.4 1.6 9.5 29.8 3.2 0.8
Exchange Bank Santa Rosa (USD) 265 21 3.0 1.5 12.6 2.1 -0.2 29.0 20.2 0.0
FNB Bancorp (USD) 252 11 5.3 2.1 21.7 1.3 6.3 28.1 6.3 0.8
Northrim BanCorp Inc (USD) 246 14 2.6 1.3 17.7 2.4 12.4 32.8 9.2 0.1
MBT Financial Corp (USD) 245 14 4.5 1.8 17.3 1.9 0.7 20.6 10.3
First Farmers Financial Corp (USD) 243 18 3.5 1.7 13.2 2.0 36.5 4.2 1.1
CapStar Financial Holdings Inc (USD) 240 4 5.1 1.7 62.3 26.3 3.0 0.7
Cashmere Valley Bank (USD) 237 17 5.0 1.4 13.3 1.9 43.8 5.9 0.0
John Marshall Bancorp Inc (USD) 233 8 6.6 2.0 29.2 40.5 3.0 0.9
Northeast Bancorp (USD) 233 12 4.1 1.9 19.0 0.2 13.6 25.0 3.0 0.4
Civista Bancshares Inc (USD) 232 15 3.9 1.4 17.1 1.1 5.1 22.8 8.2 0.6
Penns Woods Bancorp Inc (USD) 230 11 4.4 1.7 19.8 3.8 7.6 33.4 4.1 0.5
Midsouth Bancorp Inc (USD) 230 1 1.7 1.0 2.0 9.7 19.1 3.3 0.2
Premier Financial Bancorp Inc (USD) 225 14 3.5 1.2 15.9 2.8 3.9 34.9 5.1 0.1
Isabella Bank Corp (USD) 224 14 4.1 1.2 15.8 3.5 1.5 30.0 2.5 1.9
Provident Bancorp Inc (USD) 224 6 6.3 2.0 31.1 23.7 4.4 0.5
Orrstown Financial Services Inc (USD) 223 8 3.7 1.6 25.3 1.5 -5.9 17.8 2.5 0.2
Commerce Union Bancshares Inc (USD) 223 8 5.2 2.0 22.5 1.6 23.4 4.0 0.4
First Bank (USD) 222 7 4.5 1.7 19.9 0.5 25.5 2.0 0.6
Pacific Mercantile Bancorp (USD) 219 -25 5.1 2.1 2.4 -12.5 -2.3 0.3
Union Bankshares Inc (USD) 218 8 6.2 3.7 24.9 2.4 5.4 30.2 6.1 0.6
BCB Bancorp Inc (USD) 217 9 2.5 1.6 18.1 3.9 7.8 21.7 1.8 1.3
Chemung Financial Corp (USD) 216 11 3.0 1.4 18.7 2.3 3.7 19.6 4.8 0.1
First Guaranty Bancshares Inc (USD) 216 12 3.7 1.5 16.2 2.4 2.6 33.7 3.1 0.3
MetroCity Bankshares Inc (USD) 215 27 2.7 1.7 7.8 57.2 7.2 1.0
LCNB Corp (USD) 214 12 4.2 1.4 16.7 3.0 8.8 31.7 5.8 0.0
Shore Bancshares Inc (USD) 214 10 3.7 1.3 21.1 1.2 -0.8 16.0 7.6
The Bank of Princeton 211 0.5
Howard Bancorp Inc (USD) 210 6 3.3 1.6 27.9 28.9 17.2 2.8 0.1
C&F Financial Corp (USD) 209 13 2.0 1.4 15.9 2.2 6.1 18.0 3.0 1.1
Unity Bancorp Inc (USD) 209 12 4.0 1.9 15.8 1.1 7.3 26.0 3.3 1.4
Citizens Financial Services Inc (USD) 207 13 4.3 1.6 15.9 2.8 5.2 45.0 4.1 0.5
Investar Holding Corp (USD) 206 7 4.6 1.4 23.2 0.4 30.2 21.3 2.4 0.9
Evans Bancorp Inc (USD) 204 10 3.9 1.8 19.1 1.9 3.9 23.7 3.2 0.2
SmartFinancial Inc (USD) 201 6 3.9 1.5 29.5 22.6 14.9 3.1
First Business Financial Services Inc (USD) 199 11 2.5 1.2 16.7 2.2 13.8 32.9 2.2 0.7
Community Bankers Trust Corp (USD) 197 10 4.2 1.6 19.0 -2.2 17.6 2.8 0.7
ACNB Corp (USD) 197 10 3.4 1.6 15.9 2.8 1.5 29.2 4.7 0.8
FS Bancorp Inc (USD) 195 12 2.6 2.2 12.5 0.8 29.2 20.9 4.9 0.5
MVB Financial Corp (USD) 193 8 2.2 1.4 22.8 0.5 37.1 13.6 2.2 1.6
FVC Bankcorp Inc (USD) 193 7 6.8 2.3 27.3 32.6 2.9 0.3

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 8 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
Sunshine Bancorp Inc (USD) 191 3 5.4 1.6 64.4 -0.8 1.1 0.5
Bank of Commerce Holdings Inc (USD) 189 9 3.7 1.5 17.7 1.0 0.9 26.6 2.5 0.2
First Financial Northwest Inc (USD) 188 9 4.8 1.3 19.4 1.5 1.0 34.2 2.7 1.3
Norwood Financial Corp (USD) 188 8 4.8 1.6 23.5 2.8 4.3 34.6 3.4 0.2
Entegra Financial Corp (USD) 185 7 3.9 1.3 23.4 6.3 21.3 2.6 1.7
Peoples Bancorp of North Carolina Inc (USD) 184 8 3.7 1.6 21.2 1.4 0.7 23.2 4.6 0.4
TGR Financial Inc (USD) 180 6 5.1 1.6 28.4 23.3 2.7 0.2
First Community Corp (USD) 173 6 4.3 2.0 22.7 1.5 7.5 22.2 3.9 0.4
Berkshire Bancorp Inc (USD) 172 5 6.6 1.2 33.4 -17.9 27.3 3.8
Parke Bancorp Inc (USD) 172 14 5.8 1.5 15.6 1.9 4.4 44.8 5.1 1.0
Ohio Valley Banc Corporation (USD) 167 7 3.5 1.5 23.1 2.4 1.6 25.9 3.9 0.5
The Community Financial Corp (USD) 167 8 3.6 1.5 18.8 1.1 6.9 26.2 2.4 0.9
Two River Bancorp (USD) 166 9 4.9 1.6 19.5 0.8 4.4 31.3 3.5 0.3
First Keystone Corp (USD) 164 9 4.9 1.4 18.2 3.7 1.0 35.5 3.1 0.6
California First National Bancorp (USD) 163 11 5.5 0.8 14.7 2.9 2.1 53.3 3.6 0.0
United Security Bancshares (USD) 161 7 4.9 1.6 20.5 1.8 0.5 36.2 9.7 0.1
Franklin Financial Services Corp (USD) 158 10 3.3 1.3 15.6 2.5 1.6 20.3 5.2
Old Point Financial Corp (USD) 154 4 3.7 1.6 35.6 1.4 -0.5 9.7 2.5 0.5
Sussex Bancorp (USD) 151 6 3.5 1.6 19.6 0.8 7.7 15.0 2.8 0.9
1st Constitution Bancorp (USD) 148 8 3.4 1.4 17.6 1.1 9.1 26.4 3.7 0.2
Middlefield Banc Corp (USD) 147 7 3.3 1.3 15.7 2.4 5.0 31.1 3.0 0.3
QNB Corp (USD) 145 9 4.0 1.5 14.7 2.9 1.1 34.6 3.5
DNB Financial Corp (USD) 144 7 3.4 1.5 19.7 0.8 5.0 24.7 3.1 0.7
First Northern Community Bancorp (USD) 144 9 3.3 1.5 15.9 3.3 24.2 12.2
Standard AVB Financial Corp (USD) 143 1 4.5 1.1 45.4 2.2 -0.6 29.0 2.2 0.3
Atlantic Coast Financial Corp (USD) 139 6 3.9 1.6 22.5 1.7 -6.4 2.4 1.5
Oak Valley Bancorp (USD) 137 9 3.6 1.6 14.8 1.5 5.2 31.0 15.6
Select Bancorp Inc (USD) 135 6 3.9 1.3 20.1 6.7 30.1 3.8 0.2
Royal Bancshares of Pennsylvania Inc (USD) 134 10 4.3 2.3 12.7 -1.1 18.7 2.3 1.5
Fidelity D & D Bancorp Inc (USD) 133 8 3.8 1.6 16.2 2.3 4.5 29.1 5.4 0.3
Bay Banks of Virginia Inc (USD) 131 1 2.5 1.6 28.6 0.8 6.7 10.6 2.0 0.9
Kentucky Bancshares Inc (USD) 130 10 2.8 1.3 12.8 2.6 5.6 21.1 3.1 1.0
Four Oaks Fincorp Inc (USD) 130 7 4.1 1.8 16.6 0.2 -0.7 -1.3 2.1 1.5
Heartland Bancorp (USD) 129 7 4.2 1.8 16.5 2.0 33.9 3.7 0.2
Bay Bancorp Inc (USD) 127 3 4.2 1.8 44.2 4.3 9.6 2.4
Salisbury Bancorp Inc (USD) 125 6 3.2 1.3 18.1 2.5 9.8 20.0 3.4 0.6
Marquette National Corp (USD) 125 5 1.9 0.9 21.9 2.6 14.3 3.4 0.4
Auburn National Bancorp Inc (USD) 125 7 4.7 1.5 15.8 2.7 1.4 39.2 3.8 0.0
PDL Community Bancorp (USD) 124 1 8.7 1.3 263.0 10.3 1.4 0.3
FNCB Bancorp Inc (USD) 124 7 3.3 1.3 16.5 1.6 -2.6 21.9 2.9 0.7
First United Corp (USD) 123 7 2.2 1.1 18.0 -1.2 16.9 2.2 1.1
First Savings Financial Group Inc (USD) 123 9 3.4 1.3 13.1 1.0 4.0 24.7 2.3 1.1
Mid Penn Bancorp Inc (USD) 122 8 2.9 1.6 14.8 1.8 10.3 23.0 2.9 0.3
OP Bancorp (USD) 121 7 3.3 1.5 17.7 31.6 4.7 0.1
Puget Sound Bancorp Inc (USD) 120 4 6.9 2.4 29.2 33.0 6.7 0.1
CB Financial Services Inc (USD) 119 7 3.3 1.3 17.0 3.0 28.7 4.7 0.3
Hawthorn Bancshares Inc (USD) 119 7 2.4 1.3 15.2 1.2 -1.0 22.4 2.9 1.7
Esquire Financial Holdings Inc (USD) 118 3 5.1 1.5 33.7 17.7 10.0 0.0
Citizens Holding Co (USD) 117 6 3.3 1.3 17.7 4.0 -1.6 24.9 3.7 0.2
Private Bancorp of America Inc (USD) 117 4 4.7 1.5 22.2 33.4 4.3 1.2
Colony Bankcorp Inc (USD) 115 8 2.4 1.3 14.6 0.6 1.2 22.9 2.9 0.9
California Bancorp 115 0.2
Landmark Bancorp Inc (USD) 112 8 1.5 0.7 7.0 1.5 8.7 27.6 4.5 0.7

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 9 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
Landmark Bancorp Inc (USD) 111 8 2.8 1.2 12.9 2.7 8.7 27.6 4.5 0.7
Embassy Bancorp Inc (USD) 111 7 3.6 1.4 14.2 0.9 7.5 34.8 3.6
Chesapeake Financial Shares Inc (USD) 111 8 2.2 1.3 13.3 1.4 4.4 20.4 3.4 0.1
PSB Holdings Inc (USD) 110 7 1.4 4.3 31.0 3.1 0.7
Croghan Bancshares Inc (USD) 110 9 3.0 1.0 11.7 1.5 10.6 32.3 6.1
FirstAtlantic Financial Holdings Inc (USD) 109 3 6.0 1.8 30.0 0.8 30.5 5.1 0.5
Eagle Financial Services Inc (USD) 107 7 3.4 1.3 14.8 2.8 1.8 31.1 9.4 0.2
Plumas Bancorp (USD) 107 8 3.2 2.0 12.6 1.1 5.8 29.2 13.0 0.2
Santa Cruz County Bank (USD) 107 6 4.4 2.2 17.6 0.4 34.8 20.4
BankGuam Holding Co (USD) 106 12 1.2 0.8 8.3 8.4 19.5 10.0
Empire Bancorp Inc (USD) 104 2 5.0 1.6 41.2 20.2 3.3 0.2
CCFNB Bancorp Inc (USD) 102 6 4.1 1.2 14.8 3.0 -1.0 35.8 5.7 0.0
F & M Bank Corp (USD) 102 9 3.4 1.3 11.7 2.8 5.9 31.2 4.6 0.6
BayCom Corp (USD) 102 5 3.7 1.3 17.1 33.6 4.0
Pacific Financial Corp (USD) 100 6 2.4 1.3 15.6 2.4 6.5 19.0 4.7 0.3
Community First Bancshares Inc (USD) 99 1 8.1 1.3 75.8 20.7 2.3
Eagle Bancorp Montana Inc (USD) 99 5 2.0 1.6 15.3 1.7 14.0 3.2 2.1
Mackinac Financial Corp (USD) 97 6 2.4 1.2 14.1 3.0 11.5 21.8 2.4 1.1
Guaranty Federal Bancshares Inc (USD) 95 6 3.5 1.3 15.7 1.8 0.7 29.7 2.8 1.5
Calvin B. Taylor Bankshares Inc (USD) 95 5 5.5 1.2 18.3 2.8 0.5 44.2 22.5
Juniata Valley Financial Corp (USD) 94 5 4.0 1.6 17.3 4.4 4.0 24.9 3.6 0.4
BNCCORP Inc (USD) 94 6 2.0 1.2 15.7 25.7 3.9 0.3
Bank of South Carolina Corp (USD) 94 5 5.4 2.2 17.9 3.0 6.0 39.8 19.3
ENB Financial Corp (USD) 94 7 2.4 0.9 12.3 1.7 3.9 27.0 3.9 0.6
American River Bankshares (USD) 93 6 4.5 1.2 15.8 1.0 -1.2 31.7 11.8 0.2
Mountain Commerce Bancorp Inc (USD) 93 5 3.9 1.4 16.1 30.8 2.5 0.4
Trinity Capital Corp (USD) 92 12 1.8 1.0 9.4 -4.8 3.7 1.5 0.4
Community Bancorp Inc (USD) 92 5 3.3 1.7 15.6 3.7 3.9 25.4 3.7 0.2
Virginia National Bankshares Corp (USD) 90 6 3.6 1.4 13.9 1.4 29.2 9.9
First Bankers Trustshares Inc (USD) 90 9 2.1 1.1 9.9 1.4 29.5 4.4 0.6
CSB Bancorp Inc (USD) 90 7 18.1 7.4 95.7 5.9 34.9 7.6 0.3
CSB Bancorp Inc (USD) 89 7 3.3 1.3 12.6 2.5 5.9 34.9 7.6 0.3
Coastway Bancorp Inc (USD) 88 3 3.1 1.3 25.2 9.1 11.2 3.1 1.8
Randolph Bancorp Inc (USD) 87 0 2.7 1.1 1.7 1.3 0.6
Northway Financial Inc (USD) 87 4 2.6 1.2 21.8 2.0 25.0 2.1 0.3
Freedom Bank Of Virginia (USD) 85 3 3.7 1.6 25.9 14.5 2.1
SB Financial Group Inc (USD) 84 9 2.5 1.1 12.2 1.5 4.8 21.8 5.0 0.3
Community West Bancshares (USD) 84 5 2.6 1.2 15.5 1.4 -0.1 23.4 3.8 0.6
Sound Financial Bancorp Inc (USD) 84 5 3.1 1.3 15.3 1.1 8.3 28.2 3.8 0.4
Severn Bancorp Inc (USD) 84 4 2.9 0.9 34.8 -1.4 15.9 1.6 1.2
Stewardship Financial Corp (USD) 83 4 2.3 1.2 13.7 1.2 -2.7 18.2 2.6 1.6
Harleysville Financial Corp (USD) 82 5 3.6 1.2 14.9 3.9 1.3 33.9 2.0
Westbury Bancorp Inc (USD) 82 2 2.8 1.0 26.0 5.7 3.1 0.3
Cortland Bancorp (USD) 82 4 3.4 1.4 18.1 1.7 4.0 21.8 3.1 0.3
Citizens Community Bancorp Inc (USD) 80 3 2.7 1.2 22.8 1.2 0.4 14.1 1.8 1.2
First National Corp (USD) 80 6 2.5 1.4 11.9 0.6 4.1 19.9 5.2 0.3
Peoples Financial Corp (USD) 78 1 3.2 0.8 61.0 0.1 -5.4 -8.4 1.2 0.0
First Advantage Bancorp (USD) 77 4 3.6 1.1 20.7 1.4 6.3 21.8 2.0 0.5
ChoiceOne Financial Services Inc (USD) 77 6 2.8 1.0 12.0 3.0 2.5 29.5 9.5 0.3
Porter Bancorp Inc (USD) 77 -1 2.2 2.2 -10.3 -8.6 0.5 1.0
Fauquier Bankshares Inc (USD) 76 3 3.0 1.4 23.3 2.4 -2.5 18.4 3.5 0.2
Summit State Bank (USD) 76 4 4.9 1.3 24.0 3.4 3.2 40.8 7.8 1.1
Madison County Financial Inc (USD) 76 3 4.7 1.1 19.9 1.6 8.1 34.6 3.5 0.6

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 10 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
AmeriServ Financial Inc (USD) 75 4 1.6 0.8 15.6 1.4 1.2 15.4 1.4 0.7
Coastal Banking Co Inc (USD) 72 7 1.6 1.4 9.9 4.8 9.2 3.7 1.2
United Bancshares Inc (USD) 71 5 2.8 0.9 13.1 1.6 1.1 27.9 4.3 0.3
Magyar Bancorp Inc (USD) 70 1 3.6 1.5 55.2 1.9 5.8 1.5 0.7
Emclaire Financial Corp (USD) 70 4 2.8 1.2 15.7 3.4 3.7 23.8 2.3 0.7
MainStreet Bancshares Inc (USD) 70 4 3.3 1.4 17.3 18.6 2.8 1.1
Athens Bancshares Corp (USD) 68 3 3.1 1.4 18.2 0.5 5.5 23.5 3.7 0.1
Blue Valley Ban Corp (USD) 68 2 2.4 1.5 24.4 2.6 3.7 1.7 0.9
First US Bancshares Inc (USD) 68 1 2.2 0.9 56.7 0.7 -5.6 11.0 1.6 0.1
United Bancorp Inc (USD) 67 3 3.3 1.6 17.6 4.0 -0.5 20.3 3.9 0.3
Jeffersonville Bancorp (USD) 67 5 3.3 1.1 13.1 3.5 -0.8 28.8 7.9
Patriot National Bancorp Inc (USD) 67 4 2.7 1.0 15.4 0.1 0.6 5.0 2.0 2.2
Wellesley Bancorp Inc (USD) 67 3 2.9 1.2 19.9 0.7 15.0 21.9 2.0 1.9
First American International Corp (USD) 66 5 2.0 0.9 14.4 14.5 2.4 2.2
Fentura Financial Inc (USD) 66 5 2.4 1.2 9.9 1.1 8.8 27.3 3.8 0.9
Riverview Financial Corp (USD) 64 1 2.0 1.1 35.7 4.2 15.8 13.9 2.9 0.2
Bank of the James Financial Group Inc (USD) 63 2 2.6 1.2 22.0 1.6 4.8 21.1 3.1 0.1
South Atlantic Bancshares Inc (USD) 63 3 3.3 1.1 21.5 18.0 3.5
HomeTown Bankshares Corp (USD) 62 2 3.1 1.3 23.2 8.7 26.7 2.3 0.4
Prime Meridian Holding Co (USD) 61 2 3.4 1.4 16.8 0.4 25.5 5.1
Commercial National Financial Corp (PA) (USD) 61 3 3.7 1.0 16.6 4.8 -1.9 30.5 14.4
PBB Bancorp (USD) 60 4 2.8 1.3 12.0 25.9 4.8 1.1
Citizens First Corp (USD) 59 4 3.2 1.3 14.1 0.8 2.9 25.9 3.4 1.0
Delmar Bancorp (USD) 58 4 2.9 1.3 14.9 1.1 0.8 25.9 3.2 0.7
Central Federal Corp (USD) 57 1 3.2 1.4 41.7 11.3 4.7 1.8 0.5
Highlands Bankshares Inc (USD) 57 1 3.3 1.1 38.9 1.8 0.6 0.9 0.8
Parkway Acquisition Corp (USD) 57 2 2.6 1.0 34.5 1.4 14.9 3.1
Elmira Savings Bank Elmira NY (USD) 56 4 2.5 1.2 16.5 4.5 2.0 28.2 2.4 0.9
First Priority Financial Corp (USD) 55 2 3.0 1.2 22.7 16.0 1.8 2.0
Consumers Bancorp Inc (USD) 55 2 3.1 1.3 18.4 1.8 4.5 21.5 4.3 0.3
Surrey Bancorp (USD) 53 3 4.6 1.5 17.9 2.1 37.9 5.2 0.0
Southwest Georgia Financial Corp (USD) 52 4 2.5 1.3 12.8 2.1 4.7 19.9 4.2 0.6
Commencement Bank (USD) 52 1 4.4 1.4 31.6 21.1 3.1 0.2
Communities First Financial Corp (USD) 51 3 3.3 1.5 14.1 32.9 12.2
Muncy Bank Financial Inc (USD) 51 3 3.3 1.2 12.9 3.5 2.3 42.5 3.6 0.3
Bank of Napa NA (USD) 51 1 6.2 1.9 29.5 0.8 30.2 8.2
Katahdin Bankshares Corp (USD) 50 4 1.7 0.9 13.5 2.7 23.0 2.6 1.1
Hamilton Bancorp Inc (USD) 49 0 3.0 0.8 9.4 -9.3 0.4 0.6
Citba Financial Corp (USD) 49 3 2.8 1.1 15.5 1.1 23.9 7.0
Highlands Bankshares, Inc. (USD) 49 3 2.7 1.0 13.8 3.0 -0.6 22.7 3.7 0.1
Melrose Bancorp Inc (USD) 49 1 5.6 1.1 23.7 24.1 2.4 0.6
Bancorp 34 Inc (USD) 48 4 1.9 1.0 9.6 3.5 1.7 1.1
Ottawa Bancorp Inc (USD) 48 1 4.4 0.9 31.2 0.8 6.6 18.4 3.2 0.0
First Security Inc (USD) 48 2 2.7 0.8 21.8 1.9 21.6 1.8 1.5
Village Bank and Trust Financial Corp (USD) 45 13 1.9 1.1 3.7 -4.5 -5.0 1.9 0.2
Mission Valley Bancorp (USD) 45 4 2.5 1.5 11.7 0.5 28.0 11.8 0.1
First Colebrook Bancorp Inc (USD) 43 0 3.8 1.8 2,190.0 0.9 16.4 1.4 0.7
Pilgrim Bancshares Inc (USD) 43 1 5.0 1.3 31.0 13.1 2.0 1.1
Potomac Bancshares Inc (USD) 42 0 2.1 -2.5 17.8 0.2 0.0
Woodlands Financial Services Co (USD) 42 3 2.6 1.1 12.3 2.9 27.8 3.7 0.4
Pinnacle Bankshares Corp (USD) 42 3 2.3 1.1 13.5 1.4 2.7 23.9 3.9 0.0
New Peoples Bankshares Inc (USD) 42 2 1.3 0.8 20.2 -12.6 3.3 1.4 0.2
Sturgis Bancorp Inc (USD) 38 2 2.2 1.1 14.0 2.6 16.5 2.8 1.7

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 11 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
Carolina Trust BancShares Inc (USD) 38 0 2.7 1.3 48.4 7.7 15.2 1.8 0.9
Uwharrie Capital Corp (USD) 38 1 1.4 1.1 22.8 -0.2 9.9 3.4 0.3
Premara Financial Inc (USD) 37 0 3.9 1.5 54.4 6.0 1.4 1.0
University Bancorp Inc (USD) 37 3 0.7 2.1 9.9 10.5 39.4 0.1
First West Virginia Bancorp Inc (USD) 37 0 3.7 1.1 52.9 3.7 -1.6 22.1 2.6 0.1
SBT Bancorp Inc (USD) 37 2 2.1 1.2 17.4 2.1 5.9 10.6 2.1 2.3
Pinnacle Bank (USD) 36 2 2.8 1.1 15.1 17.7 15.9
VSB Bancorp Inc (USD) 34 2 2.5 1.1 12.7 1.7 2.4 23.0 4.7
Blue Ridge Bankshares Inc 34 2.0
County First Bank (USD) 33 1 3.9 1.3 29.7 0.9 17.4 5.2
HV Bancorp Inc (USD) 32 0 1.5 1.0 26.7 8.3 1.9 0.3
FFBW Inc (USD) 32 0 4.1 1.0 20.7 1.0 0.4
Harford Bank (USD) 32 1 2.6 0.9 17.7 2.6 25.2 2.8 0.9
Ajs Bancorp Inc (USD) 32 0 5.9 1.0 71.7 1.3 3.4 1.0
FSB Bancorp Inc (USD) 31 1 2.8 1.0 31.6 10.5 9.2 1.6 1.5
West End Indiana Bancshares Inc (USD) 31 1 2.2 1.1 25.2 0.8 7.2 17.7 2.5 1.4
Glen Burnie Bancorp (USD) 30 1 2.4 0.9 26.4 3.6 -3.8 15.2 1.5 0.3
Community Bancorp Of Santa Maria (USD) 30 1 3.2 1.4 25.0 17.8 7.9
Mars Bancorp Inc (USD) 30 1 2.5 0.9 23.3 2.4 9.3 3.9 0.8
First Federal of Northern Michigan Bancorp Inc (USD) 30 1 2.6 0.9 17.0 2.2 2.3 11.7 2.0 0.6
Farmers Bank of Appomattox (USD) 29 2 3.1 1.0 11.6 1.8 30.7 4.3
Kinderhook Bank Corp (USD) 27 3 2.4 0.8 12.8 2.4 23.8 2.6 0.6
First Resource Bank (USD) 26 1 3.0 1.2 15.2 24.7 1.9 0.8
Quaint Oak Bancorp Inc (USD) 25 1 2.6 1.2 16.7 1.4 18.4 24.2 1.9 0.7
CIB Marine Bancshares Inc (USD) 25 3 1.8 1.2 14.0 4.6 -0.7 2.4
WCF Bancorp Inc (USD) 24 0 5.8 0.8 313.7 2.1 6.8 1.1 0.2
Central Federal Bancshares Inc (USD) 24 0 10.0 0.9 5.6 -1.6
Citizens Bancshares Corp (USD) 23 2 1.5 0.5 11.8 0.8 -4.8 6.9 4.0 0.1
Sunshine Financial Inc (USD) 22 0 2.7 1.0 53.1 -1.0 0.5 1.4 0.9
MNB Holdings Corp (USD) 22 1 2.3 1.0 13.3 28.5 3.3 2.6
Home City Financial Corp (USD) 21 1 1.7 30.4 2.7 1.3
MW Bancorp Inc (USD) 21 1 5.3 1.2 13.6 2.1 2.2 1.2 1.6
Heritage NOLA Bancorp Inc 18 1.8
Citizens Independent Bancorp Inc (USD) 18 1 2.0 1.0 14.7 0.4 10.5 3.3
Cincinnati Bancorp (USD) 18 0 2.5 1.0 18.6 13.5 1.8 1.6
Community Capital Bancshares Inc (USD) 16 0 2.5 1.1 18.9 9.8 2.6
Carroll Bancorp Inc (USD) 15 0 2.9 0.9 69.7 11.9 8.8 1.6 0.8
Delanco Bancorp Inc (USD) 13 0 3.3 1.0 116.7 -3.9 -13.0 1.4
Edgewater Bancorp Inc (USD) 11 74 2.0 0.0 145.8 -15.8 1.1 1.1
Home Bancorp Wisconsin Inc (USD) 11 0 2.1 1.0 125.5 -21.4 1.3 1.2
Community Shores Bank Corp (USD) 11 0 1.4 0.8 38.6 -4.5 3.2 1.3 0.3
Sugar Creek Financial Corp (USD) 10 0 3.9 0.9 91.4 10.3 1.2 0.4
Best Hometown Bancorp Inc (USD) 9 0 3.7 0.8 -23.7 0.6 0.7
M & F Bancorp Inc (USD) 8 0 0.8 0.4 -2.8 4.1 1.6 0.0
Town Center Bank Il (USD) 8 0 2.3 0.8 11.3 6.1 2.3 0.3
Community Savings Bancorp Inc (USD) 5 0 3.2 0.6 7.0 -0.0 0.5
Independence Bancshares Inc (USD) 2 -2 0.6 0.3 3.4 -122.8 -6.9 0.4
OptimumBank Holdings Inc (USD) 2 0 0.6 0.8 1.0 -11.9 0.6 9.6
First NBC Bank Holding Co (USD) 0 -21 0.0 0.0 6.8 10.6 -1.6 1.0
Manasota Group Inc (USD) 0 0 0.7 -223.6 -1.6
Us Metro Bank Ca
Gold Canyon Bank Az 136
Bv Financial Inc (USD) -2 5.9 -14.6 -0.1

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 12 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
United American Bank (USD) 1 8.4 1.3 0.2
American Riviera Bank (USD) -4 -782.5
Piedmont Community Bank Group Inc (USD) -3 19.4 0.7 1.3
Connecticut River Community Bank (USD) 0 2.9 1.1 63.1 -4.1 1.0 1.8
Truxton Corp 2.8
Community 1st Bancorp
Huron Valley Bancorp Inc
Tri County Financial Group Inc 0.8
Charter Oak Bank (ca) (USD) 0 -84.8 0.7
Harvest Community Bank (USD) 0 21.6 1.2 0.2
Syringa Bancorp (USD) 0 14.7 1.3 0.2
Seneca-cayuga Bancorp Inc (USD) 0 1.2 0.9 1.2
1st Capital Bank (USD) 0 -34.7 0.6
Treaty Oak Bancorp Inc (USD) 0 -47.6 0.2
Prime Bank (USD) 0 1.5 40.2 1.6
First Commerce Community Bankshares Inc (USD) 3 45.2 1.5
Presidio Bank (USD) 0 -65.6
River Valley Community Bancorp (USD) 0 -27.0 0.5
Solera National Bancorp Inc (USD) -1 47.9 2.4 0.5 0.4
Avidbank Holdings Inc (USD) 0 -113.6
Redwood Capital Bancorp (USD) 0 1.4 -9.4 1.4
Cboa Financial Inc
Cornerstone Community Bancorp
CBBC Bancorp (USD) 0 -80.3 -0.4
Americas United Bank Ca (USD) -2 -129.6 -2.3
Two Rivers Financial Group Inc 2.0
Tri-Valley Bank (USD) -1 -122.9 0.2
Silver Falls Bank (USD) 1 44.1 1.9 1.5
Southshore Community Bank (USD) 0 -77.2 0.4
Central Florida St Bank (USD) -4 10.1 15.3 -0.6
CommerceWest Bank (USD) 3 2.3 20.2 2.2 0.2
Lighthouse Bank Ca 1.6
Golden State Bancorp (USD) 1 -14.8 1.5
Uniti Financial Corp (USD) 7 3.9 4.5 22.4 4.0
United Bancorp Of Alabama Inc (USD) 1 0.8 1.5 0.4 1.5 0.4
Benchmark Bankshares Inc (USD) 3 2.6 7.9 39.7 1.7
ES Bancshares Inc (USD) 0 20.9 -21.5 1.0 0.8
Idaho First Bank (USD) -1 -67.1 -0.3 0.8
Premier Commercial Bancorp (USD) 0 -1.4 1.8 1.0 3.6
Pinnacle Bank Of Oregon
Choice Bancorp Inc (USD) 4 72.7 -39.3 1.9 0.0
Ohana Pacific Bank
Minden Bancorp Inc LA (USD) 1 2.0 44.2 1.6 0.5
MetroPacific Bank (USD) 0 -33.0 0.7
Ventura County Business (USD) 0 -2.3 1.4
Cornerstone Financial Corp (USD) -1 23.1 -4.2 0.5 0.8
Mechanics Bank (USD) 28 33.2 1.6 0.4
CCB Bankshares Inc (USD) 0 0.8 52.2 12.2 1.0 0.4
First State Bank NJ (USD) -1 -69.5
First Community Corp Tn (USD) 2 35.6 1.6 1.3
Bank Of Utica (ny) (USD) -5 2.4 68.0 0.5
Independent Bancshares Inc (USD) -2 27.3 0.7 0.8
Bank Of Utica (ny) (USD) -5 2.9 68.0 0.5

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 13 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
Farmers and Merchants Bancshares Inc (MD) (USD) 1 2.5 30.6 2.1
First Bank of Ohio
Commerce Bank of Temecula Valley CA
Golden Valley Bank Chico California 1.7
First IC Corp
CMUV Bancorp
Santa Ana Business Bank
New Jersey Community Bank
First National Talladega Corp
William Penn Bancorp Inc (USD) 2 1.3 11.3 44.4 1.8 1.6
First Bancshares, Inc. 1.6
Central Service
Farmers Bankshares Inc 2.3
Peoples Trust Company Of St. Albans 1.4
Southern Bancshares NC Inc
Fcn Banc Corp 3.9
Central Bank Corp
Damariscotta Bankshares Inc 3.1
Illinois Community Bancorp Inc
Middlebury National Corp 1.9
Republic Bancorp Inc (USD) 49 3.1 1.1 14.4 2.3 -5.6 31.0 4.8 1.7
JTNB Bancorp Inc 2.9
Keweenaw Financial Corp 2.1
Dart Financial Corp 11.5
First Sentry Bancshares Inc 3.1
Community Financial Group Inc (USD) 3 47.7 -220.7 1.3 2.3
Virginia Bank Bancshares Inc 1.4
Bank Southside VA Corp
Mifflinburg Bank & Trust Co
MCNB Banks Inc
Bank Fincastle VA
Savings Bank 1.3
Hamilton State Bancshares Inc
Virginia Community B
SSNB Inc 1.4
Peoples Bancorp Inc (USD) -2 -1.2 24.9 0.0 0.8
1st Summit Bancorp Johnstown Inc
Glenville Bank Holding Co Inc 1.4
Oconomowoc Bancshares Inc 1.5
Towne Bancorp Inc Az (USD) 0 2.3 1.1 0.2
Pacific Alliance Bank CA (USD) -2 -501.8 0.1
First Banking Center Inc (USD) 9 9.7 35.8 1.6 0.3
Atlantic Bancshares Inc (USD) 0 -47.9 0.1 1.6
Farmers and Merchants Bancshares Inc (USD) 0 2.5 13.6 1.5
Suncrest Bank (USD) 1 12.3 1.6 7.1
AB&T Financial Corp (USD) -3 -49.5 -0.3 1.3
Waypoint Biomedical Holdings Inc
Century Bancorp Inc (USD) 27 2.5 0.9 9.1 0.6 4.8 26.8 2.1 1.9
CB Financial Corporation (USD) 1 28.1 1.3 0.9
Touchmark Bancshares Inc (USD) 0 -64.1 0.6
Michigan Community Bancorp Ltd
Wilson Bank Holding Co (USD) 27 2.0 1.0 7.7 7.3 40.7 5.9
BlueHarbor Bank (USD) -1 -244.0

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 14 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
Ben Franklin Financial Inc (USD) 0 -1.0 2.9 0.4
WCB Holdings Inc 0.2
CBC Holding Co (USD) 1 4.8 32.6 1.7
Bank of Labor Bancshares Inc
Amcore Financial Inc (USD) -223 -5.9 16.0 -0.7 6.4
Clarion County Community Bank 1.3
Cortez Community Bank
Diamond Bancshares Inc 1.9
First Citizens Bancshares Inc (TN) (USD) 13 2.1 3.2 32.1 3.7 0.5
Susquehanna Community Financial Inc (USD) 2 0.6 4.2 42.1 1.4 0.5
West Shore Bank Corp 3.2
AMC Financial Holdings Inc
Reliance Bancshares Inc (USD) 1 3.8 -64.3 1.1 2.6
State Bank Corp (USD) -2 1.7 2.7 47.3 0.3
Wawel Savings Bank (USD) 0 1.9 14.7 42.0 1.8 0.5
Liberty Bancorp Inc (USD) 2 1.0 21.1 1.4 1.5
CNB Bancorp, Inc. (USD) 0 6.2
WSB Financial Inc (USD) -32 22.3 -0.9 0.3
Kish Bancorp Inc (USD) 4 3.3 31.1 1.4 2.4
Lyons Bancorp Inc (USD) 2 2.7 18.8 1.4 0.0
MNB Corp (USD) 0 2.5 19.4 1.0 0.4
Malaga Financial Corp (USD) 6 3.3 59.8 1.4 4.7
Mauch Chunk Trust Financial Corp 3.2
Merchants Financial Group Inc 0.9
Metairie Bank & Trust Co (USD) 2 5.0 28.3 3.3
Neffs Bancorp Inc (USD) 3 1.1 5.9 53.9 1.9
New Tripoli Bancorp Inc 3.8
Newfield Bancorp Inc 2.0
North Dallas Bank & Trust Co (USD) 5 0.9 33.4 1.5 0.1
Northern Star Financial Inc (USD) 0 21.2 -22.7 0.5
Orange County Bancorp Inc 2.4
Oxford Bank Corp (USD) -5 -0.6 29.7 0.4
Steuben Trust Co 3.2
National Bank of Coxsackie 1.2
Town & Country Financial Corp (USD) 4 0.7 20.3 1.2 0.4
UNB Corp 0.6
Tri City Bankshares Corp (USD) 9 2.3 9.2 34.8 4.1
Penn Bancshares Inc
Peoples Ltd 2.9
Pilot Bancshares Inc 1.8
Pioneer Bankshares Inc (USD) 1 3.0 3.2 26.5 2.7 0.4
Pontiac Bancorp Inc 0.7
Provident State Bank of Preston 0.4
River City Bank (USD) 9 0.5 -9.4 -141.3 2.5
Security National Bank of Sioux City 0.8
Plymouth Financial Corp 2.0
Northern California Bancorp Inc (USD) -11 -6.3 5.5 -1.5 7.6
New Resource Bank CA (USD) -3 -183.5
CNB Corp MI (USD) -2 3.7 -4.1 0.5 -2.0
Mirae Bancorp (USD) 1 16.6 1.2 0.8
California Business Bank
Rising Sun Bancorp MD (USD) 1 1.4 29.0 1.5 0.9
AltaPacific Bancorp (USD) -1 -266.7

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 15 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
IBW Financial Corp
Trinity Bank NA (USD) 0 1.8 18.9 1.5
Citizens Financial Corp WV (USD) 1 3.4 2.4 21.3 1.2 0.3
Parkway Bank (USD) 0 23.8 1.3
Jefferson Security Bank W Va 1.8
FNBH Bancorp Inc (USD) 3 4.6 16.7 -4.6 24.6 7.3
Citizens Bancorp of Virginia Inc (USD) 3 3.8 1.7 26.5 2.1 0.1
California International Bank NA (USD) -1 -169.0
Pacific West Bank West Linn Oregon (USD) 0 -44.3 1.6 0.5
Highlands Bancorp Inc (USD) 1 0.6 7.3 1.9
Plaza Bank Wa (USD) 0 -6.8 -34.3 2.6 1.0
Old Harbor Bank (fl) (USD) 0 -3.6 1.0
Beach Community Bancshares Inc (USD) -3 38.3 1.2 1.2
Denmark Bancshares Inc (USD) 3 1.1 2.3 27.4 2.3 0.5
Paragon Financial Solutions Inc (USD) 0 -15.8 0.9 0.6
Canandaigua National Cp (USD) 21 2.6 12.2 26.9 4.2 0.4
Killbuck Bancshares (USD) 3 2.4 -4.1 30.4 1.9 0.0
Enterprise Bank NJ (USD) 0 -16.9 0.6
Pacific Valley Bank (USD) -1 -57.1 0.7 0.2
Empire Bancshares Inc 1.5
Citizens Commerce Bancshares Inc
Royal Bancshares of Pennsylvania Inc (USD) 10 4.1 2.3 13.3 -1.1 18.7 2.3 1.5
WTB Financial A 0.7
PanAmerican BanCorp
First Reliance Bancshares Inc (USD) 3 1.4 12.8 2.3 7.3 5.1 0.9
Border Bancshares Inc Me 0.4
Bank of Southern California NA (USD) 0 49.6 -21.3 0.8
Williamette Community Bank (USD) 0 -25.6 1.5
Friendly Hills Bank
BEO Bancorp OR (USD) 3 2.5 13.8 1.4
Seacoast Commerce Banc Holdings (USD) -3 1.0 -93.2 -0.7 0.5
First Sound Bank WA (USD) 1 -62.1
Summit Bank OR (USD) 0 17.7 1.3
Patriot Federal Bank NY 0.8
Frederick County Bancorp Inc (USD) 1 1.1 7.4 15.6 1.9 0.6
Altrust Financial Services Inc (USD) 5 2.8 17.5 2.0 1.9
Pacific Commerce Bancorp (USD) 0 -28.9 0.9 0.9
First Ottawa Bancshares, Inc. (USD) 0 0.2 18.6 1.5
National Bancshares Inc 16.3
Country Bank Holding Co Inc 5.0
First Community Financial Corp (USD) 4 2.9 11.1 33.6 2.0 0.4
Delhi Bank Corp 2.3
Grand Bank Corp
National Capital Bank DC 0.7
Tennessee Valley Financial Holdings Inc
Apollo Bancorp Inc 4.4
Community 1st Bank Post Falls Idaho
Community First Bank Howard County Kokomo IN 1.3
Pacific City Financial Corp (USD) 21 0.8 9.3 2.6 4.6 0.0
Community Bank Of Bay (USD) 0 18.3 15.6 1.5 0.3
S b c p Bancorp Inc (USD) 5 0.5 27.9 1.4
Bank Of Santa Clarita Ca (USD) 0 -54.0 0.9
Bank Reale

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 16 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
Calhoun Bankshares Inc
Quarry City Savings & Loan Association
First Alliance Bancshares Inc
First National Bank Marysville PA
Ifb Holdings Inc 1.2
FSB BanCorp
First Missouri Bancshares Inc
First General Bank
Revere Bank
First Citrus Bancorp Inc
Columbus Community Bank
Darien Rowayton Bank
Regional Bankshares Inc
Amboy Bancorp
West Michigan National Bank
U&I Financial Corp
Republic Bank AZ NA
Meetinghouse Bancorp Inc (USD) 0 3.5 127.4 5.6 0.7 0.9
Manor National Bank Pa
Community Bank (Pasadena CA) 1.2 12.8
Citizens B & T Holdings Inc
Denali Bancorporation Inc 5.4
York Traditions Bank
Sevier County Bancshares Inc
West Town Bancorp Inc (USD) 0 10.4 1.1
Professional Holding Corp
Centric Financial Corp
Grandpoint Capital Inc 3.2
InsCorp Inc (USD) 2 29.9 1.1
Great State Bank Wilkesboro NC
FMB Equibanc Inc
Heritage Bancorporation Inc
River Financial Corp (USD) 8 27.5 5.8 0.2
First Commerce Bank
Virginia Partners Bk Fredericksburg VA
Coastal Carolina Bancshares Inc
Metro Phoenix Bank Inc
Horizon Bancorp Inc (USD) 13 25.0 -48.7 0.0
Capital Commerce Bancorp Inc
Denmark Bancshares Inc (USD) 3 2.3 27.4 2.3 0.5
NewDominion Bank
Pioneer Bancshares Inc
Primary Bk
Commerce Bancshares Inc (USD) 290 1.7 35.9 13.2 0.0
Gold Coast Bancorp Inc
Tennessee Community Bank Holdings Inc
SaviBank
Deutsche Bank Mexico SA (USD,EUR) -1,632 3.3 4.6 0.4 2.4
Plaza Bancorp
Southeastern Banking Corp (USD) -5 1.0 -7.3 1.1 -0.6 0.1
Southern Michigan Bancorp Inc (USD) 4 2.4 4.9 16.7 3.1 0.1
Seneca Financial Corp 1.9
Buckeye State Bank

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 17 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
Merchants Bancorp (USD) 44 67.4 3.9 0.2
Victory Bancorp Inc
Pacific Enterprise Bancorp Irvine California
CoastalSouth Bancshares Inc
Midcoast Community Bancorp Inc
CBB Bancorp Inc
Peoples Bancorp Wash
Rainier Pacific Financial Group Inc (USD) -57 1.1 13.1 0.2 21.7
Absecon Bancorp 1.2
Adirondack Trust Co 3.0
Albina Community Bancorp (USD) 1 14.2 1.1 1.4
American Business Bank (USD) 5 18.1 31.3 1.7 0.9
Baker Boyer Bancorp (USD) 4 4.3 25.0 1.8 0.1
Bank of Akron 3.7
Bank of Mckenney (VA) (USD) 1 2.2 3.9 25.3 1.4 0.2
Oak Ridge Financial Services (USD) 0 12.4 6.3 -0.5 0.5
Burke & Herbert Bank & Trust Co (USD) 19 1.6 55.7 2.0 0.4
East Side Financial
Enterprise Financial Services Group Inc 3.8
F S Bancorp 2.1
Community Bank of Bergen County (USD) 1 26.1 1.2
ebank Financial Services Inc (USD) 0 12.2 -2.4 0.8
Canyon Bancorp (USD) 0 18.8 33.6 2.0 0.8
Citizens Bancorp 5.2
Citizens Bancorp 2.1
Tri-State 1st Banc Inc (USD) 0 1.6 6.9 17.9 1.2 0.3
Temecula Valley Bancorp Inc (USD) -96 2.6 32.4 -0.7 13.2
Mid-Southern Savings Bank (USD) 0 33.8
Mission Bancorp (USD) 3 38.4 4.2
Mountain-Valley Bancshares Inc 2.4
NCAL Bancorp (USD) 6 30.1 3.0
Northumberland Bancorp (USD) 1 1.7 45.1 1.3 0.5
Fidelity Federal Bancorp (USD) 0 2.5 20.4 -2.3 1.1 1.8
First National Bank Alaska (USD) 40 4.7 -1.3 41.6 26.6 0.0
Foresight Financial Group (USD) 6 0.6 35.4 1.5 0.1
Hocking Valley Bancshares 0.1
Old Forge Bank PA
Prineville Bancorp (USD) 1 19.0 1.7 0.8
Redwood Financial 0.9
San Luis Trust Bank FSB (USD) 4 56.9 1.6 2.6
Shore Community Bank Toms River NJ (USD) 0 13.6 26.6 1.1
Farmers Bancorp 2.4
Bol Bancshares Inc (USD) 0 -9.2 3.1 1.3 0.1
Boyle Bancorp Inc 3.9
CNB Financial Services Inc (USD) 1 2.0 31.1 1.5
Central Bancshares Inc (Texas) 1
Ballston SpA Bancorp Inc (USD) 2 3.0 13.9 1.4 0.7
Baraboo Bancorp Inc (USD) 6 0.9 2.9 40.6 1.5 0.1
Benton Financial Corp 5.0
Century Financial Corp (USD) 3 2.0 34.4 2.2
Easton Bancorp Inc (USD) 2 17.0 29.6 1.8 1.3
Exchange Bancshares Inc (USD) 0 2.0 -76.0 0.4
Oregon Bancorp Inc (USD) 0 1.9 24.5 1.5

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 18 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
LifeStore Financial Group (USD) 1 1.1 8.6 13.7 1.3 2.3
American Bancorp Inc (USD) 0 35.2 2.8
First National of Nebraska Inc (USD) 92 0.3 33.3 1.4 0.6
Honat Bancorp Inc (USD) 6 1.2 11.9 43.2 1.8
Iowa First Bancshares Corp (USD) 3 2.7 2.2 35.8 1.8 1.8
Jonestown Bank & Trust Co 2.5
Dacotah Banks Inc 0.7
Denver Bankshares Inc
Dimeco Inc (USD) 6 2.7 4.7 31.8 3.0 0.3
Eastern Michigan Financial Corp (USD) 2 2.3 32.4 1.7 0.0
Elmer Bancorp Inc (USD) 1 3.2 36.3 1.5 0.0
Frontier National Corp (USD) 1 6.2 -152.7 1.3 1.4
GNB Financial Services Inc (USD) 1 2.3 37.0 3.5 0.0
Globe Bancorp Inc (USD) 0 1.0 7.9 30.6 1.3 1.1
Great Basin Financial Corp (USD) 2 16.2 16.8 1.6 1.5
HCB Financial Corp (USD) 1 2.3 27.9 1.5 0.8
Hamlin Bank and Trust Co (USD) 5 3.3 52.2 2.0
Citizens National Bancshares Bossier Inc (USD) 7 45.9 1.5
Citizens National Corp (USD) 4 1.8 28.7 1.9 0.1
Community Bankers Corp (USD) 1 4.3 29.8 1.4
Comunibanc Corp 2.9
Chino Commercial Bancorp (USD) 0 -0.1 10.7 3.3 0.4
Somerset Trust Holding Co 1.6
Summit Bancshares, Inc. (USD) 0 1.0 -3.7 32.5 2.3
F & M Bancorp Ohio 1.7
F N B Bancorp Inc (USD) 8 2.2 41.2 3.8
FNB Inc (USD) 1 2.9 26.8 1.6
First Citizens National Bank 2.2
Bank First National Corp (USD) 8 1.6 3.8 26.2 2.6 0.0
First Miami Bancorp Inc 0.4
First National Bank of Groton 3.7
Oregon Pacific Bancorp (USD) 1 0.5 10.0 24.4 1.7 1.5
Ohio Legacy Corp (USD) 0 -3.1 -60.2 1.2 0.3
Pacific State Bancorp (USD) -25 -3.4 37.5 -2.0 8.5
Nexity Financial Corp (USD) -4 64.6 28.2 1.2 3.1
Northwest Bancorp Inc (USD) 1 6.2 -3.6 1.6 0.5
Northern States Financial Corp (USD) -12 -3.5 -64.3 -10.9
Liberty Bell Bank (USD) 0 -455.1 0.6 0.7
Millennium Bankshares Corp (USD) -15 -2.9 13.0 0.3 2.3
Mountain National Bancshares Inc (USD) -39 -9.3 -35.0 -4.0
Harbor Bankshares Corp (USD) 1 10.0 -0.1 -248.2 1.8 0.4
Habersham Bancorp (USD) -23 -7.0 17.0 -0.9 3.9
Idaho Independent Bank (USD) 11 33.1 2.8 0.1
Colombo Bank (USD) -4 -5.8 -33.6 -0.1 1.9
National Bank Holdings Corp (USD) 35 -5.4 5.5 2.8 0.2
Friends Bank New Smyrna Beach
Andover Bancorp Inc 2.8
1867 Western Financial Corp
Aquesta Financial Holdings Inc 1.0
Oak View National Bank Warrenton
Community Bancshares Inc (OH)
Capital Bank New Jersey 0.9
Feliciana Bank & Trust Co

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.
Release date 10-27-2017 Page 19 of 19

Fifth Third Bancorp FITB

Morningstar Rating TM
Quote Stock Type
Cyclical
Last Close 27/10/2017
29.07
Fair Value Estimate
$ 26.00 QQQ

Industry Peers
Fleetwood Bank Corp 2.9
Putnam County National Bank
Lewis & Clark Bank 0.2
USAmeribancorp Inc 1.7
Thomasville Bancshares Inc (USD) 4 2.3 42.5 1.6 0.8
Crystal Valley Financial Corp 1.1
First Suffield Financial Inc 2.4
Scottdale Bank & Trust Co
Peoples Bankshares Inc 1.4
Citizens Bankshares Inc 2.6
Bank Ocean City
Catskill Hudson Bancorp Inc 1.7
Partners Bank of California
CNB Financial Services Inc (USD) 1 2.4 31.1 1.5
Princeton National Bancorp Inc (USD) -58 5.5 -47.4 -5.7
Pinnacle Bancshares Inc (USD) 1 1.9 0.1 28.2 1.3 0.5
Clatsop Community Bank
Sumner Bank & Trust
Minster Financial Corp 3.8
Cullman Bancorp Inc (USD) 1 1.0 17.9 2.0 1.0
BOSP Bancshares Inc 2.6
Northern California National Bank
Davis Trust Financial Corp.
First Capital Bancshares Inc (USD) 0 16.3 -608.0 0.4 0.8
First Community Financial Corp (USD) 4 11.1 33.6 2.0 0.4
Harvard Illinois Bancorp Inc (USD) 0 14.8 2.4 1.6 0.4
Turbotville National Bank Inc 0.7
WTB Financial A 1.0
United National Bank
First Fedreal Of South Carolina Federal Savings Bank
County Bank Corp (USD) 3 2.9 2.7 39.0 2.8 0.1
Community First Bancorp (USD) -4 8.5 7.8 0.6 0.2
Commercial National Financial Corp (MI) (USD) 2 4.6 50.6 31.9 1.9 2.7
DSA Financial Corp (USD) 0 3.8 38.6 1.6 0.4
Dearborn Bancorp Inc (USD) -15 1.5 -155.2 -0.1 2.7
Doral Financial Corp (USD) -88 3.0 -29.5 0.3 6.3
Georgia Bancshares Inc (USD) 2 6.9 21.7 1.6 0.7
First State Financial Corp (USD) -29 12.4 31.4 -0.4 1.8
City Bank (USD) -106 -2.0 67.5 -1.2 0.7
Capital Directions Inc (USD) 1 0.6 41.4 46.2 1.6 3.5
CapitalSouth Bancorp (USD) -38 50.6 23.7 0.4 1.0
CalWest Bancorp (USD) 0 19.8 7.1 0.8 0.2
Cecil Bancorp Inc (USD) -9 12.2 9.2 -1.0
American Bank Inc (USD) 2 2.3 7.4 40.6 1.2 2.1
1st Colonial Bancorp Inc (USD) 0 15.3 17.2 1.0 0.5
Bay National Corp (USD) -17 3.1 -88.6 -1.3
Beverly Hills Bancorp Inc (USD) -15 -8.2 52.8 1.0 3.6
Brunswick Bancorp (USD) 1 0.8 0.3 39.1 7.0

Industry Average 1,634 57 4.3 1.6 19.3 1.8 7.3 13.8 3.9 0.7

2017 Morningstar. All Rights Reserved. Unless otherwise provided in a separate agreement, you may use this report only in the country in which its original distributor is based. Data as originally reported. The
information contained herein is not represented or warranted to be accurate, correct, complete, or timely. This report is for information purposes only, and should not be considered a solicitation to buy or sell any security.
Redistribution is prohibited without written permission. To order reprints, call +1 312-696-6100. To license the research, call +1 312-696-6869.