U.S. Bancorp (USB)’s Conference Call: Three Key Quotes

U.S. Bancorp (NYSE:USB)’s business sticks to its name — it is an American bank. However, the bank is starting to branch out to international markets, particularly Mexico and South America. These international investments won’t be immediate top-line revenue drivers, but over time, foreign exposure may be a positive for investors.

Overall, Davis and his management team remain fairly positive on the outlook for their business and the banking sector as a whole. The bank is very well-capitalized and seems to be well-positioned to pounce on growth opportunities as they present themselves, both domestically and internationally.

The article 3 Key Quotes from U.S. Bancorp’s Conference Call originally appeared on Fool.com.

David Hanson has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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