Investopedia: Where Can U.S. Bancorp Go From Here?

I've long said that U.S. Bancorp (NYSE:USB) is one of the (if not the) best banks in the United States, and so far nothing in 2012 has led me to rethink that view. Not only has management served investors well with a balanced approach to lending and fee income generation, but the company's capital and credit positions are in excellent shape. At this point, the only real problem with U.S. Bancorp is that other investors are well aware of the bank's quality and the shares don't seem to offer much capital undervaluation at present.

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