This earning season
is starting to feel like a broken record, or at least for the
high-quality banks. Economic uncertainty has led many would-be borrowers
to delay taking out loans, low interest rates make it tough to make
money on the spread, and new regulations have hurt fee income and
increased costs.
Add U.S. Bancorp (NYSE:USB)
to that list of banks where the Street seems to be saying “yeah, we
know you're good, but we want growth.” While this large super-regional
bank looks like a very solid long-term banking holding, this stock may
not really get going unless or until the economy picks up and/or
investors shift funds from overheated sectors towards the financials.
Please follow this link for more:
http://www.investopedia.com/stock-analysis/041613/us-bancorp-strong-needs-growth-usb-jpm-wfc-cbsh-cma-v.aspx
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