Published on 1 May 2024 on Simply Wall St. via Yahoo Finance
Investors in U.S. Bancorp (NYSE:USB) have unfortunately lost 24% over the last three years
Many investors define successful investing as beating the market average over the long term. But the risk of stock picking is that you will likely buy under-performing companies. Unfortunately, that's been the case for longer term U.S. Bancorp (NYSE:USB) shareholders, since the share price is down 33% in the last three years, falling well short of the market return of around 15%. Unfortunately the share price momentum is still quite negative, with prices down 9.1% in thirty days. But this could be related to poor market conditions -- stocks are down 4.3% in the same time.
So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress.