U.S. Bancorp (USB) Rides on Solid Deposit Base, High Costs Ail
USBU.S. Bancorp(USB) ZACKS·2024-06-10 21:55

U.S. Bancorp’s (USB) robust loan pipeline, investment portfolio repositioning efforts and stable deposits are likely to enhance net interest income (NII). Diverse revenue streams and rising fee income are expected to support top-line growth. However, an escalating expense base remains a concern.U.S. Bancorp has experienced strong growth in total loans and deposits in the past few years. This growth is mainly driven by efforts to strengthen relationships with existing customers, acquire new ones and increase ...