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Here's the Big Opportunity I See in U.S. Bancorp's Q3 Earnings

Bram Berkowitz, The Motley Fool
·3-min read
Here's the Big Opportunity I See in U.S. Bancorp's Q3 Earnings

U.S. Bancorp (NYSE: USB) generated solid earnings in the third quarter, with $1.30 diluted earnings per share on total revenue of nearly $5.9 billion. U.S. Bancorp, which has $567 billion in assets, has achieved a strong valuation with a differentiated business model that includes a strong traditional banking operation and a more niche payments business that contributes roughly a quarter of the bank's overall profits. U.S. Bancorp's payments business serves a range of clients.

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