U.S. Bancorp Series A Preferred: A Good Source Of Income
The Bancorp(TBBK) Seeking Alpha·2024-06-17 09:43
emyu Introduction U.S. Bancorp (NYSE:USB) is a large regional bank that has not been immune to the industry struggles related to higher interest rates and the retention of deposits. Twice, I have examined the bank’s series A preferred shares (NYSE:USB.PR.A) as a good source of income, with the most recent update coming in January. Despite the run-up in price, the series A preferred shares still provide the most income when compared to the bank’s stock and other preferred shares, and I believe they are s ...