|Bid||25.34 x 800|
|Ask||25.40 x 800|
|Day's Range||25.27 - 25.40|
|52 Week Range||22.10 - 25.83|
|Beta (3Y Monthly)||0.04|
|PE Ratio (TTM)||6.07|
|Forward Dividend & Yield||1.29 (5.24%)|
|1y Target Est||N/A|
U.S. Bancorp projects it'll close 10 to 15 percent of its branches in the coming years as more of its customers use digital tools for transactions and rely on brick-and-mortar locations less.
on Wednesday reported first-quarter earnings that matched analysts' expectations, though revenue came in slightly below forecasts. Strong growth in its loan portfolio coupled with solid returns on assets and equity helped drive the positive first-quarter results, U.S. Bancorp CEO Andy Cecere said in a statement.
Ecolab Inc. is the latest large employer to come out in support of the Equality Act, which would extend federal civil rights protections to lesbian, gay, bisexual, transgender and queer (LGBTQ) employees.
The companies on the Business Journal's list of largest public companies reported an almost 8 percent increase in revenue. Last year, average revenue growth was about 6 percent.
Over the last six months, U.S. Bank has notified the U.S. Department of the Treasury that it intends to close 11 bank branches in Colorado. “We take many factors into consideration when making the decision, including how the branch is used and the location of other branches,” U.S. Bank spokesman Evan Lapiska said in an email to Denver Business Journal. “In these instances, the demand for services at the respective branches necessitated a change in our approach.” Lapiska said the bank’s staff is working to help customers at the bank branches that are closing transition to other branches smoothly.
Berkshire Hathaway Underperformed the Markets in Q1(Continued from Prior Part)Berkshire Hathaway Berkshire Hathaway’s (BRK-B) portfolio is overweight on banking and financial stocks. Chairman Warren Buffett’s love for financial stocks continued
After nearly three years of running its "Power of Possible" ad campaign that cheered big events in the lives of its customers, U.S. Bancorp is rolling out a new series of advertisements built around the smaller moments.
How do we determine whether U.S. Bancorp (NYSE:USB) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows that […]
U.S. Bancorp NYSE:USBView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for USB with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting USB. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding USB is favorable, with net inflows of $18.03 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. USB credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Twin Cities colleges play a critical role in making sure the white-collar workforce is restocked as baby boomers retire. High pay doesn't hurt either.
Goldman Sachs' announcement last week that it was loosening its buttoned-up dress code was seen by some as an industry tipping point — when Goldman goes casual, what banker would stick in suits? Minneapolis-based U.S. Bancorp (NYSE: USB), Minnesota's largest bank, said it hadn't changed its professional dress code recently and didn't plan to. Neither has investment bank Piper Jaffray Cos. (NYSE: PJC), which also has its headquarters in downtown Minneapolis.
"You can't help but have an emotional connection. It pulls on the heartstrings. We have to evaluate how much to weigh that," the tenant's chief executive in Tennessee said in a 2017 interview.
Elizabeth Warren and Maxine Waters want the Fed to carefully review the $66 billion merger between BB&T and SunTrust that would create the sixth-largest U.S. bank.
BB&T and SunTrust's merger of equals could spur M&A deals among banks of all sizes, amid favorable regulatory conditions.
To keep readers up-to-date on the latest price fluctuations and trends pertaining to cryptocurrencies, we compiled a list of the week's top stories.
Wednesday will be another big earnings day for some of the largest U.S. banks as Goldman Sachs and Bank of America report.
It’s a long-term safety kind of view," Tom Hancock, manager of the $5.8 billion GMO Quality Fund, told Fortune in a detailed story. Hancock, Dave Eiswert of T. Rowe Price, Tom Slater of U.K.-based investment firm Baillie Gifford, and Marc Pinto of Janus Henderson, shared their top stock picks in the financial sector with the magazine.
One House GOP member is upset over bank regulators' interpretation of a law providing "community bank" regulatory relief from a post-crisis regulation known as the Volcker rule.
The markets that Chase has most likely marked for retail expansion are clustered on the East Coast and the Midwest, for the most part, according to a Business Journal analysis.
One 2019 trend to watch in the banking sector: big M&A deals between large regionals no longer held back by regulatory red tape.