U.S. Bancorp (USB)
by Zacks Equity ResearchMarch 21, 2012 | Comments : 0 Recommended this article: (0)
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Top-line expansion was supported by increases in both net interest income and fee-based revenue. Its diverse revenue stream, improving credit quality and solid capital levels are impressive.
Though a low interest rate environment and regulatory issues remain our concerns, we believe that the company's loan growth will be encouraging and it will raise dividend and buyback shares following the stress test results.
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