With larger banks such as Bank of America, Citigroup, and JPMorgan Chase providing investors with too much excitement (think lawsuits, CEO shakeups, and huge loss-making London Whale trades), We ask whether investors should be abandoning the megabanks for the likes of U.S. Bancorp.
Closing out the bank's third-quarter conference call, U.S. Bancorp CEO Richard Davis quipped: "I hope you know that this is a pretty standard, almost boring quarter and a pretty boring bank." He continued: "We are pretty proud of that."
There is a lot to be said for "boring" when it comes to banking, given that the most "exciting" investment banks had the biggest trouble during the financial meltdown. See more in the following video.

To learn more about one of the most talked about banks out there, check out our in-depth company report on Bank of America. The report details B of A's prospects, including three reasons to buy and three reasons to sell. Just click here to get access.

The article This Is One Boring Bank originally appeared on Fool.com.

Anand Chokkavelu, CFA, owns shares of Bank of America, JPMorgan Chase, and Citigroup. Fool contributor Matt Koppenheffer owns shares of Bank of America. The Motley Fool owns shares of Bank of America, Citigroup, and JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Increase your money and finance knowledge from home

Investor’s Toolbox

Improve your investing savvy with the right financial toolset.

View Course »

Investing in Real Estate

Learn the basics of investing in real estate.

View Course »

Add a Comment

*0 / 3000 Character Maximum