This earning season is starting to feel like a broken record, or at least for the high-quality banks. Economic uncertainty has led many would-be borrowers to delay taking out loans, low interest rates make it tough to make money on the spread, and new regulations have hurt fee income and increased costs.
Add U.S. Bancorp (NYSE:USB) to that list of banks where the Street seems to be saying “yeah, we know you're good, but we want growth.” While this large super-regional bank looks like a very solid long-term banking holding, this stock may not really get going unless or until the economy picks up and/or investors shift funds from overheated sectors towards the financials.
Please follow this link for more:
http://www.investopedia.com/stock-analysis/041613/us-bancorp-strong-needs-growth-usb-jpm-wfc-cbsh-cma-v.aspx
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» Investopedia: U.S. Bancorp Is Strong But Needs Growth
Tuesday, April 16, 2013
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