U.S. Bancorp Q2: A New CEO And The Super-Regional Outperformer After Market Turmoil (Earnings Preview)

  • The new CEO is focused on stabilizing expenses, driving organic growth through cross-selling, and transforming its payments business to target affluent clients. Despite historical valuation challenges, the new CEO's strategic priorities aim to improve returns and unlock shareholder value. Currently, most of the bank loans are residential mortgages and commercial loans, both of which could experience higher demand from a potential rate cut in Q3.