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Morningstar•September 16, 2020
Morningstar•September 16, 2020U.S. Bancorp: Federal Open Market Committee Maintains Rates at Zero, Doesn't Expect First Hike Until After 2023
Summary
As a diversified financial-services provider, U.S. Bancorp is the nation's fifth-largest bank with branches in well over 20 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial bankin
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Analyst Profile
Eric Compton
Equity AnalystEric Compton, CFA, is an equity analyst for Morningstar Research Services LLC, covering the U.S. and Canadian banking sectors, including the U.S. money center banks, U.S. regional banks, and the Big Six Canadian banks.Before joining Morningstar in 2015, Compton was a business analyst for ESIS, a global provider of risk management products and a subsidiary of ACE Group. Compton holds a bachelor's degree in applied health science from Wheaton College. He has passed all three levels of the Chartered Financial Analyst® program and holds the Chartered Financial Analyst® designation.