Banking, finance, and taxes
What to Expect From US Bancorp Earnings
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The analysts at Deutsche Bank note that the bank has underperformed other, larger regional banks over concerns about lower revenue and higher expenses. They also point to the fact that U.S. Bancorp has no meaningful capital markets exposure, has among the best risk management/credit profile in the industry and generates the highest returns of its peers.
Before the company reported its third quarter results, a few analysts weighed in on it:
So far in 2015 U.S. Bancorp has underperformed the market and the stock is down 6.2% year to date, while over the past 52-weeks the stock is up 6.4%.
Shares of U.S. Bancorp were last trading down 2.2% at $40.50, with a consensus analyst price target of $46.69 and a 52-week trading range of $38.10 to $46.26.
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