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These firms with a bullish stand view U.S. Bancorp as a quality organization with strong fundamentals. The company’s ability to execute upon stated goals and incorporate bank acquisitions remain impressive. Its core franchisee is attractive and the firms expect the diverse revenue stream and low-cost deposit base to help offset regulatory pressures on earnings. The company’s improving credit quality is encouraging and the firms anticipate the trend to continue. Capital levels are solid and returning back excess capital to shareholders remains a priority. Furthermore, these firms believe that U.S. Bancorp is well positioned to continue gaining market share through both organic growth as well as attractive acquisitions. U.S. Bancorp’s transparency compared to its peers is encouraging and the company is in an excellent position to benefit from an economic recovery and generate better-than-peer profitability.
Last edited Wed Dec 28, 2011 06:34 AM by reshmi.mukherjee (Individual Investor)
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