Zacks Industry Outlook U.S. Bancorp, State Street, and Northern Trust
Asset quality for major regional banks is expected to stay subdued amid a challenging operating backdrop. With the Federal Reserve likely to keep rates unchanged, banks should benefit from relatively lower rates as deposit and funding costs fall or stabilize. Decent economic growth and improving loan demand are projected to lift net interest income and margins. These banks are among the nation’s largest by assets and serve retail, corporate, and institutional clients worldwide. The Zacks Industry Rank is #55, in the top 22% of over 240