Investopedia: Challenging Conditions And Conservatism Keeping U.S. Bancorp In Bargain Territory

Larger banks, particularly well-run companies like U.S. Bancorp (NYSE:USB), haven't been at the top of most investors' buy lists recently. While U.S. Bancorp shares are up about 10% from when I last wrote about the company (after first quarter earnings), there seems to be a general sense of “why bother?” on the Street, given weak loan demand, aggressive pricing, and limited scope for earnings leverage. While U.S. Bancorp's conservative ways will likely limit aggressive capital deployment and the bank is pretty economically-sensitive, even near a 52-week high these shares appear to offer solid long-term potential.

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