U.S. Bancorp's shares are well-positioned to climb in 2016 -- whether or not the Fed takes more action on interest rates.
There are plenty of reasons to expect banks to do well in 2016.
SunTrust has seen its EPS estimates for the just-ended quarter and the full-year rise by 2% and 3%, respectively.
On the one hand, increased costs look bad for profits. But look deeper, and you'll see that rising capital expenses for U.S. Bancorp may reflect justifiable optimism.