U.S. Bancorp - Company Profile
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U.S. Bancorp (USB) is a financial and banking holding company. Adequate capital, business performance of Corporate and Commercial Banking segment and net interest margin are some of its strengths, even as its decline in asset quality remains an area for concern. The growing market for payment channels, strategic initiatives, short-term economic outlook in the US, and the emergence of FinTech companies could offer ample growth opportunities to the company. However, emergence of Neobanks, changes in interest rates, and risks related to online identity theft and hacking could affect the company’s business.
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