Video: Bank Stocks with Over 4% Yield: Us Bank (USB) and Citigroup (C)

US Bank (USB):

• 4.2% Dividend Yield.
• Higher interest rate environment increased interest income by 21%.
• Expanding payments business through the acquisition of Talech.
• West-coast expansion with Union Bank acquisition.
• Strategic Partnership with State Farm to expand customer base.

Citigroup (C):
• 4.2% dividend yield.
• Repositioning toward consumer-centric model, investing money into digital banking and improving customer experience.
• Divesting from most legacy banking outside of North America, ICG will stay international.
• Strong labor markets and high rates have allowed for fewer credit losses.
• Investment banking losses offset by strength in commercial/customer banking.