Barclays analyst Jason Goldberg maintains $U.S. Bancorp (USB.US)$ with a buy rating, and adjusts the target price from $57 to $61.
According to TipRanks data, the analyst has a success rate of 63.5% and a total average return of 13.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $U.S. Bancorp (USB.US)$'s main analysts recently are as follows:
Analysts remain optimistic about bank stocks for 2025, citing accelerating earnings growth influenced by improvements in loan growth, heightened capital markets activity, the return of positive operating leverage, and ongoing share buybacks. They believe that price-to-earnings multiples will expand due to a stable economic environment, lighter regulation, increased returns, and mergers and acquisitions. The expectation is that large-cap banks will keep outperforming the market as their earnings growth picks up pace.
The outlook for banks by 2025 appears to be stable, prompting only negligible changes in the earnings models and forecasts. Further discussion by analysts speculates on the banks' operational scenario by 2028, suggesting they will aim to maximize growth while managing a return on tangible common equity in the low-to-mid teens. There is a degree of skepticism about a significant easing of regulatory and capital requirements in the future. Banks are perceived as being reasonably valued, though there are still investment opportunities noted without specifying any particular institution.
Note:
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