This has been a rough stretch for U.S. Bancorp (USB) and Wells Fargo (WFC),
historically two well-loved large banks. In the case of U.S. Bancorp, I
believe the ongoing underperformance in the shares represents an
opportunity for long-term investors, but as I said in my previous article,
it will take a few quarters for the reported results to improve. In the
meantime, U.S. Bancorp continues to "muddle through" with good credit
quality but iffy operating leverage.
Read the full article here:
U.S. Bancorp Still Getting Its House Back In Order
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