U.S. Bancorp USB

USB: Stimulating A Bank War In The Midwest?

U.S. Bancorp (NYSE:USB) is aggressively tackling expenses and growing non traditional bank revenues, according to a recent research report from Dick Bove of Rafferty Capital Markets. And what the bank is doing could “stimulate a bank war in the Midwest,” he said. “It may also lower returns in the near term eve though it is exactly the right strategy.”

Two pronged attempt to improve stock performance
Bove . . .


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