U.S. Bancorp
USB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $^x | LOCK|q@K | LOCK|FDYT@vcX |
U.S. Bancorp Is Investing in Its Capital Markets Business
Business Strategy and Outlook
U.S. Bancorp is the largest nonglobal systemically important bank in the US and has been one of the most profitable regional banks we cover. Though some of its peer regional banks have been catching up in terms of scale and profitability, we still like U.S. Bancorp's larger revenue mix from capital-light fee income.
