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

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 Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.2%. By the end of trading, U.S. Bancorp fell 62 cents (-1.9%) to $31.43 on heavy volume. Throughout the day, 14.1 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 8.8 million shares. The stock ranged in price between $31.28-$32.16 after having opened the day at $32.16 as compared to the previous trading day's close of $32.05. Other companies within the Banking industry that declined today were: Bank of the James Financial Group ( BOTJ), down 10.9%, Carver Bancorp ( CARV), down 10.3%, American River Bankshares ( AMRB), down 8.1%, and Jacksonville Bancorp Inc (FL ( JAXB), down 7.7%.
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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 $60.66 billion and is part of the financial sector. The company has a P/E ratio of 11.5, 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 Monday. Currently there are 12 analysts that rate U.S. Bancorp a buy, one analyst rates it a sell, and 14 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 solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth 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, Sussex Bancorp ( SBBX), up 14.9%, Grupo Financiero Galicia ( GGAL), up 10.6%, Bbva Banco FrancesS.A ( BFR), up 8.1%, and Village Bank and Trust Financial Corporatio ( VBFC), up 8%, were all gainers within the banking industry with Credit Suisse Group ( CS) 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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