MINNEAPOLIS, June 27, 2022--U.S. Bancorp Releases 2022 Dodd-Frank Act Stress Test Results; Receives Preliminary Stress Capital Buffer of 2.5 percent
Of his 49 current holdings, roughly one-third are in the financial sector. Within the financial sector, Buffett favors banks, which represent roughly 15% of the overall portfolio. Banks typically perform well in a rising interest rate environment because they earn a large portion of their revenue from interest on loans.
MINNEAPOLIS, June 24, 2022--U.S. Bancorp Announces Second Quarter Earnings Conference Call Details