U.S. Bancorp
Background U.S. Bancorp is an American diversified 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.
Analysis Return on common equity (ROE), as of 2012, USB ranked 6th among our industry with a ROE of 14.11%, and an industry average of 9.61%. High ROE rate gives the company a high growth rate. Price-earnings Ratio (P/E), is a valuation ratio of a company’s current share price compared to its per-share earning, a high P/E suggests that investors are expecting higher earning growth in the future compared to companies with a lower P/E. As of 2012,USB has a P/E ratio 12.72, and an industry average of 14.2%.
Industry information U.S. Bancorp is the parent company of U.S. bank National Association, the fifth largest bank in the United States based on $355.4 billion in assets and fourth largest in the U.S. in total branches. U.S. bank ranks as the fifth largest bank in the U.S. based on deposits, with $245B in deposits as of March 31,2013. U.S. Bancorp is the No1 market cap by the Midwest Banks that is 68.99B.
Outlook There is the uncertain for the U.S. economy. Banks had to face a number of regulatory requirements under several laws, including the Dodd-Frank legislation, the Durbin Amendment and the Volcker Rule. Sept 12,2013, U.S. Bancorp report lower long-term revenue growth forecast. For that information, that not a good signal for USB.
Analysis Return on common equity (ROE), as of 2012, USB ranked 6th among our industry with a ROE of 14.11%, and an industry average of 9.61%. High ROE rate gives the company a high growth rate. Price-earnings Ratio (P/E), is a valuation ratio of a company’s current share price compared to its per-share earning, a high P/E suggests that investors are expecting higher earning growth in the future compared to companies with a lower P/E. As of 2012,USB has a P/E ratio 12.72, and an industry average of 14.2%.
Industry information U.S. Bancorp is the parent company of U.S. bank National Association, the fifth largest bank in the United States based on $355.4 billion in assets and fourth largest in the U.S. in total branches. U.S. bank ranks as the fifth largest bank in the U.S. based on deposits, with $245B in deposits as of March 31,2013. U.S. Bancorp is the No1 market cap by the Midwest Banks that is 68.99B.
Outlook There is the uncertain for the U.S. economy. Banks had to face a number of regulatory requirements under several laws, including the Dodd-Frank legislation, the Durbin Amendment and the Volcker Rule. Sept 12,2013, U.S. Bancorp report lower long-term revenue growth forecast. For that information, that not a good signal for USB.