U.S. Bancorp (USB): Today's Featured Banking 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 Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.5%. By the end of trading, U.S. Bancorp rose 71 cents (2.2%) to $33.22 on average volume. Throughout the day, 11.3 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 9.1 million shares. The stock ranged in a price between $32.64-$33.30 after having opened the day at $32.85 as compared to the previous trading day's close of $32.51. Other companies within the Banking industry that increased today were: Jacksonville Bancorp Inc (FL ( JAXB), up 21%, Village Bank and Trust Financial Corporatio ( VBFC), up 12.6%, Royal Bancshares of Pennsylvania ( RBPAA), up 10%, and Southwest Georgia Financial Corporation ( SGB), up 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 $62 billion and is part of the financial sector. The company has a P/E ratio of 11.7, below the S&P 500 P/E ratio of 17.7. Shares are up 3.2% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate U.S. Bancorp a buy, one analyst rates it a sell, and 16 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.

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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