This Deal Makes a Great Business Stronger
After BB&T and SunTrust merged to become Truist Financial in 2019, and then PNC Financial Services Group announced the acquisition of Banco Bilbao Vizcaya Argentaria's U.S. operations in 2020, it seemed like it was only a matter of time before close competitor U.S. Bancorp (NYSE: USB) made a move. U.S. Bancorp has historically been a very strong bank and a good, stable investment. Is the bank still a buy following this major acquisition?