In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss one particularly confident statement that US Bancorp CFO Andrew Cerere made yesterday, regarding some of the metrics from the bank's first quarter in 2013: "We are number one, number one and number one." In the video, Matt discusses how US Bancorp stacks up against other banks in terms of return on assets, return on equity, and efficiency ratio, and shows why Cerere has good reason to be proud.
With big finance firms still trading at deep discounts to their historic norms, investors everywhere are wondering if this is the new normal, or whether finance stocks are a screaming buy today. The answer depends on the company, so to help figure out whether US Bancorp is a buy today, I invite you to read our premium research report on the company today. Click here now for instant access!
The article "We Are Number One, Number One, and Number One" originally appeared on Fool.com.
David Hanson owns shares of BB&T; Matt Koppenheffer owns shares of PNC Financial Services. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of JPMorgan Chase & Co., PNC Financial Services, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.