U.S. Bancorp (USB) Presents at RBC Conference, Here’s What You Should Know

U.S. Bancorp (NYSE:USB) is one of the Most Undervalued Long Term Stocks to Buy According to Analysts. On March 11, U.S. Bancorp (NYSE:USB) presented at the RBC Capital Markets Global Financial Institutions Conference. The bank highlighted positive updates regarding strong performance and future prospects.

​Management noted exceeding Q1 guidance for net interest and fee income, driven by strong loan growth and capital market activity. The bank also highlighted that the BTIG acquisition is projected to boost annual revenue by $175 million to $200 million, thereby strengthening capital markets while maintaining a negligible 2026 EPS impact.

​Financially, U.S. Bancorp (NYSE:USB) noted that it remains on track to reach the high end of its 3% to 4% year-over-year growth. Moreover, the fee income is also expected in the higher end of the 5% to 6% growth range. The performance is driven by growth in payments and capital markets. Looking ahead, the company is targeting 4% to 6% net revenue growth in 2026 with more than 200 bps positive operating leverage, focusing on consumer deposits and fee expansion.

​U.S. Bancorp (NYSE:USB) operates as a financial services holding company. Its businesses include Wealth, Corporate, Commercial, and Institutional Banking, Consumer and Business Banking, Payment Services, and Treasury and Corporate Support.

While we acknowledge the risk and potential of USB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than USB and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None. Follow Insider Monkey on Google News.