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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

U.S. Bancorp ( USB) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 0.6%. By the end of trading, U.S. Bancorp rose 45 cents (1.4%) to $33.66 on average volume. Throughout the day, 7.1 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 8.4 million shares. The stock ranged in a price between $33.11-$33.73 after having opened the day at $33.23 as compared to the previous trading day's close of $33.21. Other companies within the Financial sector that increased today were: Impac Mortgage Holdings ( IMH), up 30.9%, SGOCO Group ( SGOC), up 29.4%, Crescent Financial ( CRFN), up 21.3%, and First Marblehead Corporation ( FMD), up 17%.
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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 $62.83 billion and is part of the banking industry. The company has a P/E ratio of 11.8, below the S&P 500 P/E ratio of 17.7. Shares are up 22.6% year to date as of the close of trading on Wednesday. Currently there are 13 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, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Porter Bancorp ( PBIB), down 21.8%, Millennium India Acquisition Corporation ( SMCG), down 14.3%, National Bank of Greece ( NBG), down 11.4%, and First Financial Service Corporation ( FFKY), down 9.4%, were all laggards within the financial sector with Allstate ( ALL) being today's financial sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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