There are few banks that conservative investors should contemplate putting their money into these days. The inherent uncertainty in most bank stocks will probably make you squirm, as it should.

One that might be worth taking a look at is US Bancorp (NYSE:USB). It's one of only a handful of banks around that didn't fall into the orgy of speculative lending that's causing so many banks to see stars these days.


Trailing 12 months

Total revenue

$14.07 billion

Total net income

$4.08 billion

Net income per share


Dividends paid per share


Current share price*


*As of Aug. 25, 2008.

Shares are down just 8% in the past year, making rivals like Bank of America (NYSE:BAC), Citigroup (NYSE:C), and Washington Mutual (NYSE:WM) look like clowns. Earlier in the year, Warren Buffett was buying shares, adding to Berkshire Hathaway's (NYSE:BRK-A) (NYSE:BRK-B) existing stake. If that isn't a vote of confidence, I don't know what is.

One thing you should love about US Bancorp is its top-notch management. Having the audacity to not do anything stupid over the past several years has been a tough task for bank managers, but US Bancorp managed to pull it off -- wonder of wonders. As CEO Richard Davis said last year, "Despite the very challenging economic environment, our company's earnings remained solid, reflecting our core financial strength and emphasis on creating a business model that provides consistent and sustainable results." While so many other banks focused on the here and now, U.S. Bancorp's insistence on focusing on sustainability should pay off handsomely.


Most recent quarter

Return on assets


Return on equity


Net interest margin


Percentage of assets not performing


Tier 1 capital ratio


Book value per share


What do you think about U.S. Bancorp? Our Motley Fool CAPS community, which includes 115,000 members, gives it a three-star rating -- not too shabby for a bank stock these days. We'd love to get your take, too. Click here to come on over to CAPS and tell us what you think. It won't cost you a dime.

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US Bancorp and Bank of America are Motley Fool Income Investor recommendations. Berkshire is an Inside Value selection and a Stock Advisor pick. The Fool owns shares of Berkshire Hathaway. Try any of our Foolish newsletters today, free for 30 days.

Fool contributor Morgan Housel owns shares in Berkshire Hathaway, but none of the other companies mentioned in this article. The Fool has a disclosure policy.