Report
Eric Compton
EUR 101.80 For Business Accounts Only

A New Year, and a New Dawn for Regional Banks in the U.S.

With tax cuts being written into law, good reasons to expect more economic growth, regulatory relief already playing out, and a normalizing rate environment, the near-term outlook for regional bank performance is positive. We have updated our regional bank models with new tax rate assumptions and a somewhat more optimistic take on long-term profitability. This has caused our fair value estimates to increase across the board. The largest factors contributing to this change were the corporate tax ...
Underlying
U.S. Bancorp

U.S. Bancorp is a multi-state financial services holding company. Through its subsidiaries, the company provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. The company also engages in credit card services, merchant and ATM processing, mortgage banking, insurance, brokerage and leasing. The company's subsidiary, U.S. Bank National Association, is engaged in the general banking business, principally in domestic markets. The company's bank and trust subsidiaries provide a range of asset management and fiduciary services for individuals, estates, foundations, business corporations and charitable organizations.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Eric Compton

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