The financial sector closed the day up 1.8%. American Realty Investors Inc ( ARL), Ameritrans Capital Corporation ( AMTC), Carver Bancorp Inc ( CARV), and PMI Group Inc ( PMI) were all winners today within the financial sector with U.S. Bancorp ( USB) being today's featured financial winner. U.S. Bancorp rose 53 cents (2.3%) to $23.98 on average volume. Throughout the day, 13.7 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 18.1 million shares. U.S. Bancorp, a financial services holding company, provides various banking and financial services in the United States. It generates various deposit products, including checking accounts, savings accounts, money market savings, and time certificates of deposit accounts. U.S. Bancorp has a market cap of $44.5 billion and is part of the banking industry. The company has a P/E ratio of 11.2, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 13.1% year to date as of the close of trading on Wednesday. TheStreet Ratings rates U.S as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full U.S Ratings Report.
- Use our financial section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
- Find other investment ideas from our top rated ETFs lists.