Charting Banking XX: Brief History of the Past 25 Years

Sep.15.10 | About: U.S. Bancorp (USB)

US Bancorp (NYSE:USB) is a great bank, did a great job navigating the crisis and is a Buffett stock. I just wish it was cheaper.

This March 2007 presentation on the business of banking was first shared by Noise Free Investing, archive not available, and I remembered it while looking for some info for the Charting Banking series. Some of the things to watch for:

  • Importance of fee income
  • Sector consolidation after the 1987-88 crisis
  • Branches are still a key asset
  • Non bank competition / shadow banks share (the info I needed)
  • New risks in modern banking
  • Regulation as a friend and a barrier to entry (Walmart?)
  • Customer loyalty and how to measure it
  • Supermarket banking shortcomings