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More top-performing CAPS members are returning to the bullish camp in US Bancorp
While US Bancorp's profits took a hit due to higher credit costs in the second quarter, its operations showed strength; it pulled in its highest quarterly net revenue in company history at $4.2 billion. Earnings were down sharply from last year, but unlike Bank of America's
While bad loans are still an issue in its portfolio, US Bancorp has seen signs of improvement and better asset quality trends. CAPS members are warming up to the bank for other reasons too, like Warren Buffett's investment in the bank and its ability to repay TARP funds like Goldman Sachs
To see what the very best CAPS analysts are saying now about US Bancorp -- as well as other winning stocks they are picking -- head on over to CAPS and have a look. The community research and resources in CAPS are totally free, unlike analyst opinions reserved for paying clients.
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Fool contributor Dave Mock recently upgraded his car air freshener with a little French Vanilla, but he still swoons over the "New Car Smell" version. He owns no shares of companies mentioned here. The Fool's disclosure policy learned a lot of things out behind the barn.