U.S. Bancorp

(

USB

) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day up 0.3%. By the end of trading, U.S. Bancorp fell 18 cents (-0.5%) to $33.29 on light volume. Throughout the day, 7.9 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 10.7 million shares. The stock ranged in price between $33.22-$33.70 after having opened the day at $33.60 as compared to the previous trading day's close of $33.46. Other company's within the Banking industry that declined today were:

First Financial Service Corporation

(

FFKY

), down 19.5%,

Broadway Financial

(

BYFC

), down 17.8%,

Carver Bancorp

(

CARV

), down 12.1%, and

Bank VA Chesterfield

(

BOVA

), down 7.6%.

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U.S. Bancorp, a financial services holding company, provides various banking and financial services in the United States. The company offers depository services, such as checking accounts, savings accounts, and time certificate contracts. U.S. Bancorp has a market cap of $63.64 billion and is part of the

financial

sector. The company has a P/E ratio of 12.3, below the average banking industry P/E ratio of 12.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 23.7% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate U.S. Bancorp a buy, one analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates U.S. Bancorp as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front,

Royal Bancshares of Pennsylvania

(

RBPAA

), up 19.3%,

Monarch Community Bancorp

(

MCBF

), up 18.3%,

Credit Suisse

(

DGAZ

), up 9.3%, and

Community Bank Shares of Indiana

(

CBIN

), up 9.2%, were all gainers within the banking industry with

KeyCorp

(

KEY

) being today's featured banking industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider

KBW Bank ETF

(

KBE

) while those bearish on the banking industry could consider

ProShares Short KBW Regional Bankng

(

KRS

).

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