Bank stock investors don't seem so concerned with quality these days as
they do near-term growth prospects, and that's bad news for U.S. Bancorp (NYSE: USB).
Nothing changed this quarter with respect to the quality of one of the
best-run large banks in the country, but the company came up short in
net interest income, expenses, and operating income – a constellation
that is likely to only fuel the “they can't grow” concerns for this
year. I do believe that U.S. Bancorp is still cheap enough to own
profitably for the long-term, but I know what it's like to own an
unpopular bank stock and U.S. Bancorp shareholders need to realize that
these shares may not get much love in the short term.
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http://www.investopedia.com/stock-analysis/071713/weak-profits-dont-help-case-us-bancorp-usb-jpm-c-wfc.aspx
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