This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Bank of America Mortgage Retreat Benefits These 6 Banks

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

5. USBancorp (USB - Get Report)

USBancorp saw its market share in mortgage originations rise 30% in the fourth quarter versus all of 2010 to 4.6% of the market.

Miller reiterated his "outperform" rating on the shares, increasing his price target to $33 from $32 following the fourth quarter earnings release.

"This quarter was another strong result where the company continued to take market share from other commercial lenders and still show considerable improvement in credit metrics while others are starting to see the pace slow," Miller wrote. He argues management's conservative stance, the bank's diverse platform, and the company's significant commercial and industrial and auto lending businesses have positioned the bank "to thrive in any economic environment."

FBR estimates USBancorp has roughly $4.3B of current excess capital over regulatory requirements. Miller expects the company to use roughly $1.5 billion of the excess capital buying back stock and another $1.1 billion to issue dividends during 2012.
3 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
BAC $17.81 2.18%
BBT $38.97 0.91%
C $54.88 1.46%
FITB $21.02 1.69%
PNC $96.35 0.88%


Chart of I:DJI
DOW 17,888.35 +168.43 0.95%
S&P 500 2,102.63 +22.22 1.07%
NASDAQ 5,156.3060 +47.64 0.93%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs