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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. NEW YORK ( TheStreet) -- U.S. Bancorp (NYSE: USB) hit a new 52-week high Wednesday as it is currently trading at $36.11, above its previous 52-week high of $36.06 with 1.4 million shares traded as of 10:05 a.m. ET. Average volume has been 10.3 million shares over the past 30 days. U.S has a market cap of $65.46 billion and is part of the financial sector and banking industry. Shares are up 12.5% year to date as of the close of trading on Tuesday. 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. The company has a P/E ratio of 12.2, below the S&P 500 P/E ratio of 17.7.