US Bancorp (USB)

USB has never been highly regarded stock, fundamentels are sound, Bank is solid but is overlooked by the market irrespective of the outstanding performance.

The top crook in the financial industry. This bank pillages all to keep fuel in their micro mangers Hummers. The worst bank you could possibly do business with. A 5 star extravagent fee rip off service. A major class action suit seems inevitable. Most who have done business with US bank already know this. Boycott to Bankruptcy. Your money, move it or lose it.

The banks are still insolvent. The only reason they're "profitable" is because they're borrowing money from the government at 0% and lending it back out for 10%-15%. Those "profits" are enough to touch the hundreds of billions of dollars in writedowns they still have to make.

Institutionals will sell on massive scale until dividend starts going up.

Might be one of the best, but it still is a BANK!!

USB may be a conservative bank but it is still a bank. That sector is a dog for the next 2 years. The dividend everybody crows about is already on the way out (how can you pay a dividend when there are no profits?). The extra 6 billion they took dilutes the shares substantially. The PE ratio is way too high. In other words, USB is a stock trading around $32 a share and it should be around $20 - $22 a share at current dilution and earnings. SELL before everybody figures it out! You could always buy back in in a year or two at MUCH better valuations. I think many people feel that if Warren Buffet is in, they should be, too. That is stupid. He can afford to buy it and forget about it. Personally, I would like to make money over the next 2 years, and taking a 33% loss on this stock won't accomplish that.

There are just too many questions as to this companies loan portfolio. Frankly, I don't know why ANYONE would invest in ANY banking stock. You have great companies like Rimm and Aapl at incredible discounts and you want to put your money WHERE? US Bank is still trading higher than most analyst's target and US Bank just admitted a few weeks ago at the Lehman presentation that they were having significant increases in non-performing assets. So why buy a company that is already trading too high, is about to announce lower earnings and will be downgraded further? And don't give me the "Warren Buffet" crap. How did that Goldman Sachs investment work out for him? Think for yourselves Lemmings!

USB's entry into services for commerce (bill paying) has too many kinks to be a long term success. They'll have to write it off in the next few years. That'll be a drain.

Wow, how can so many people rally behind a bank stock that is selling for WAY too many times earnings? A bank stock that is likely going to experience severe losses over their loan portfolio and has already shown a great increase in those losses? I guess it just goes to show you, people want to believe in something. I think this stock is worth about $20. I also think it will be there very soon.

This stock is propped up by Buffanatics. So what if Warren Buffet is buying? What does he know about mortgage lending? USB was doing 100% financing with a 580 credit score! They did no equity refinances! They did stated, 100%! They are probably sweating their next earnings report right now. Hello people....they TRIPLED their loan losses in 1 quarter, imagine what the next quarter is going to look like. Go ahead though, keep piling into this stock. I love it! I just keep buying more put options waiting for October! Conservative lender my rear. Conservative lender? If you should have learned one thing by now it is that analysts don't know what they are talking about.

Overvalued right now. Should go back to around $25 or so.

People are so deluded on this company. Everyone wants to believe it is a diamond in the rough, but I can tell you it ain't! USB is touted as being a "conservative" mortgage lender and therefore safer. Bullocks! USB was still doing 100% financing up until 2 months ago! They allowed a 50% debt ratio for qualifying and NO asset verification! I have seen more and more REO's with their name on them over the last 3 months. Trust me, the 18% drop in income and 3X increase of set aside for write offs is just the start for this bank! They are not safe, just late to the implosion game!

Because it lost 18% in the last few months and their was no drop in stock or dividends

Financials are still a mess for the sector. USB will follow along.

Although USB offers a nice dividend yield and the return on equity and P/E numbers look decent, I think just the fact that this is a 'financial' hurts this stock. The 300 billion relief package passed last night ought to help many in the financial sector, but investors are going to shy away for a while. USB has maintained a pretty positive image throughout the credit crisis and I hope they don't reveal any surprises. I'm not loving the debit to equity ratios, but the net profit margin of nearly 30% looks good. Again, I'm only calling this a short term underperformer due to the fact that this is a financial. In the long term, I believe this stock will ultimately outperform.

good bank poor service

Read my blog (http://caps.fool.com/Blogs/ViewBlog.aspx?t=01009289685146064849) to see why I am putting my red thumb down on the banks.

Not A buy? Here is why!

This is the first Bank I've delt with that I feel has deceptive practices. Having close to the top 5% in credit score. I purchased a vehicle and received a loan. Within the first few payments I realized there are some issues with this company. Trying to pay down this loan I added extra payments. They charge you interest not yet due first before you can pay down your loan. Even with 100% monthly payments paid in full.

Here's how it works.

If you pay more than what you owe on a loan. They apply it towards your next payment even if you state on your check please apply towards principal. This in turn does not pay down your loan but takes the interest off of your next payment. Which lowers your next payment but does not pay off your principal adding interest. You have to physically pay another address to pay principal adding to postage. They dont tell you unless you wreak havoc on customer service. Which we don't want to go there.

Prove me wrong and call 681-466-3000

Ask for the Executive Vickki

These are just my opinions.

It just seems like a shady company.

Now I know why people are losing faith in the US financials.

financial stks are taking a beating now but not in the future plus i think lwb just bought some more at its lows about 29$