Thursday, April 19, 2018

U.S. Bancorp Still Getting Its House Back In Order

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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