US Banks’ Third Quarter Review A Mixed Bag

After reviewing 28 banks’ recent performance, Deutsche Bank analysts have upgraded Goldman Sachs Group Inc (NYSE:GS) while downgrading U.S. Bancorp (NYSE:USB). Matt O’Connor and team at Deutsche Bank AG (NYSE:DB) (ETR:DBK) observe that of the 28 banks on their radar, 14 could beat consensus estimates, while 2 were in-line and 12 missed the estimates. Upgrades Goldman Sachs to Buy Deutsche analysts feel during the fourth quarter, Goldman Sachs Group Inc (NYSE:GS) will benefit from relative higher performance from both FICC and equity trading, as well as deriving benefits from continued comp flexibility and good completed M & A.  With Goldman’s stock trading at…