@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
