U.S. Bancorp's Third-Quarter Earnings -- A Big Bank That's in a Class by Itself

U.S. Bancorp's Third-Quarter Earnings -- A Big Bank That's in a Class by Itself

U.S. Bancorp (NYSE: USB) is the fifth-largest U.S.-based commercial bank by assets, and is widely considered to be one of the best-run banks in the nation. In fact, the company is one of Warren Buffett's major bank stock holdings.

In its third-quarter earnings report, U.S. Bancorp not only lived up to expectations, but continued to show investors why it has such a strong reputation. As its profitability and efficiency show, the bank is truly in a class by itself.

Image source: Getty Images. (Note: Image does not necessarily depict a U.S. Bancorp branch.)

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Source: Fool.com