Sorry, I'm not convinced that this is a "breakout." Banks seem to be coming back into favor after a long hiatus in the outhouse, but this one has a lot more to go before I'd call it a breakout. On the other hand, BAC and C... .
I am long big time because I see no downside and like the 5 % divi. The stock however will be a slow grow unless a buyout happens. The senior officers are 57 ish so they will do all they can to hang on to there big fat salaries for quite some time and accumulate more options.
I have been there.