7. AFFORDABLE AND CLEAN ENERGY

U.S. Bancorp calculates 2023 stress capital buffer at 2.5% (NYSE:USB)

Written by Amanda

@MattieuOdd The story I read from most banks were hold current rates or increase slightly because there will be something coming and they don’t want to start off in a weak spot once that change happens. The results to me show the banks are strong, but probably need to be a little stronger. Fortress banks are going to get the premium valuation over high risk banks. With USB yielding nearly 6%, I’d rather than buyback stock than increase the dividend. That goes for most banks. Barron’s recommended PNC in the $160’s, at $125, they should buyback a truck load.

Source: seekingalpha.com

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Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai