U.S. Bancorp (USB): Banking's Featured Underperformer Of The Day

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 up 1.1%. By the end of trading, U.S. Bancorp fell 59 cents (-1.8%) to $32.72 on heavy volume. Throughout the day, 29.1 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 9.7 million shares. The stock ranged in price between $32.32-$33.20 after having opened the day at $33 as compared to the previous trading day's close of $33.31. Other companies within the Banking industry that declined today were: Jacksonville Bancorp Inc (FL ( JAXB), down 42.1%, Credit Suisse ( DSLV), down 7.3%, Southwest Georgia Financial Corporation ( SGB), down 6.9%, and Stewardship Financial Corporation ( SSFN), down 6.6%.
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U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. Its services include lending and depository services, cash management, capital market, and trust and investment management services. U.S. Bancorp has a market cap of $63.53 billion and is part of the financial sector. The company has a P/E ratio of 12, below the S&P 500 P/E ratio of 17.7. Shares are up 4.3% year to date as of the close of trading on Monday. Currently there are 10 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 revenue growth, increase in stock price during the past year, expanding profit margins, growth in earnings per share and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Pinnacle Financial Partners ( PNFP), up 12.8%, Hampden Bancorp ( HBNK), up 11.1%, Credit Suisse ( DOIL), up 10.9%, and Sussex Bancorp ( SBBX), up 6.4%, were all gainers within the banking industry with Wells Fargo ( WFC) 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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