U.S. Bancorp (USB): Today's Featured Banking Winner

U.S. Bancorp ( USB) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 1.5%. By the end of trading, U.S. Bancorp rose 69 cents (2.2%) to $32.70 on average volume. Throughout the day, 9.2 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 10.5 million shares. The stock ranged in a price between $32.01-$32.70 after having opened the day at $32.09 as compared to the previous trading day's close of $32.01. Other companies within the Banking industry that increased today were: Severn Bancorp ( SVBI), up 22.6%, Midsouth Bancorp ( MSL), up 10.5%, Monarch Community Bancorp ( MCBF), up 10.1%, and Carver Bancorp ( CARV), up 9.8%.

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 $61.14 billion and is part of the financial sector. The company has a P/E ratio of 12.4, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 19.3% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate U.S. Bancorp a buy, one analyst rates it a sell, and 12 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. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Patriot National Bancorp ( PNBK), down 10.8%, First Capital ( FCAP), down 9.2%, Fidelity Bancorp ( FSBI), down 8.5%, and Northeast Community Bancorp ( NECB), down 7.4%, were all losers within the banking industry with Deutsche Bank ( DB) being today's banking industry loser.

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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