#5 - U.S. Bancorp (NYSE:UBS)
The last three banks on this list fall into the category of regional banks. U.S. Bancorp (NYSE: UBS), which is the holding company for US Bank is the first on this list, and with good reason. The bank is known and respected for its conservative approach to growing its business.
At its core, banking is a boring business, and US Bancorp leans into that. That’s not a formula for eye-popping growth. But it’s a key reason why US Bancorp scores consistently well in return on assets (ROA).
Analysts may also like the fact that the bank recently completed its acquisition of Union Bank. This expands the company’s reach on the West Coat and adds $82 billion in deposits. The bank has been increasing its dividend for the last 11 years and sports a current yield of 5.77%. Whatever the reason for their outlook, analysts give the stock a price target of $54.83 which would be a 64% gain from its current price.
About UBS Group
UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.
Read More - Current Price
- $32.44
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 3 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
