|Bid||55.20 x 2200|
|Ask||55.70 x 800|
|Day's Range||55.35 - 56.04|
|52 Week Range||43.14 - 57.81|
|Beta (3Y Monthly)||1.23|
|PE Ratio (TTM)||13.01|
|Earnings Date||Oct 16, 2019|
|Forward Dividend & Yield||1.68 (3.01%)|
|1y Target Est||56.52|
U.S. Bancorp announced it has decreased its prime lending rate to 5.00 percent from 5.25 percent, effective tomorrow, September 19, 2019, at all U.S. Bank locations.
U.S. Bancorp will release its third quarter 2019 earnings results before the market opens on Wednesday, October 16. At 8:30 a.m. CDT, Chairman, President and Chief Executive Officer Andy Cecere along with Vice Chairman and Chief Financial Officer Terry Dolan will host a conference call to review the financial results.
U.S. Bank National Association today announced the redemption on September 28, 2019, of all its outstanding 2.125% Senior Notes due October 28, 2019 and Floating Rate Senior Notes due October 28, 2019 (CUSIP No.
As part of its 2019 capital plan, JPMorgan (JPM) announces a 12.5% dividend hike. One should take a look at its fundamentals and prospects before taking any investment decision.
Bank of America has passed U.S. Bank as the St. Louis retail market leader in deposits. Bank of America had $12.61 billion in deposits in St. Louis as of June 30, a 14.09% market share, edging ahead of U.S. Bank's $12.48 billion, a 13.96% share, according to the latest Federal Deposit Insurance Corp. (FDIC) report.
Joe Myers, a 20-year veteran in global sales and financial services, has been named chief revenue officer and president of Elavon North America. Myers has been with Elavon since 2011, most recently leading the sales division in North America. “Joe is highly regarded not only within our business, but across the organization and among our customers and partners,” said Jamie Walker, chief executive officer of Elavon.
The Board of Directors of U.S. Bancorp has approved a 13.5 percent increase in the dividend rate on U.S. Bancorp common stock to $0.42 on a quarterly basis, payable October 15, 2019, to stockholders of record at the close of business on September 30, 2019.
Rising long-term treasury yields are likely to support banks' financials to some extent. But lower interest rates and other concerns are expected to be headwinds.
U.S. Bank's Ascent manages wealth for super rich families. Its leader, John Zimmerman, explains how the business is changing and what its clients are worried about these days.
US Bancorp, the seventh-largest US bank by assets, has trimmed its long-term growth outlook to reflect lower interest rates and the imminent adoption of new accounting standards. At its investor day on Thursday, US Bancorp, with $480bn in assets, said that it now expects revenues to grow in a range of 5-7 per cent over the long term, a reduction of one percentage point. The bank also suggested that the Current Expected Credit Loss accounting standard, which comes into effect next year, had an impact on the growth outlook.
U.S. Bank, which has been outgrowing its downtown footprint, has signed a lease for 55,000 square feet in Capella Tower.
U.S. Bank said the software maker will be part of its newly formed digital team, which was created as part of the bank's "digital transformation."
U.S. Bank has acquired talech, a Palo Alto-based software company that helps small and medium-sized businesses simplify operations and make better decisions through an integrated point-of-sale system. This acquisition is one of the many ways U.S. Bank is increasing its digital expertise to provide value when and where customers interact with technology. Established in 2012, talech provides software that allows businesses to manage multiple operational tasks – such as order management, inventory and staff reporting, customer management, business insights and payments processing – in a single, integrated point-of-sale system.
U.S. Bank Wealth Management has named Eric Sanderson as Senior Managing Director of Family Office Services for Ascent Private Capital Management, the company’s family office advisory and wealth management business for ultra-high net worth clients.
Since the recession, banks' reputations have taken a hit. Reba Dominski must steer through that and focus on philanthropic efforts.
U.S. Bank announced today that it has received the highest rating, “Outstanding,” for its recent Community Reinvestment Act (CRA) examination from the Office of the Comptroller of the Currency (OCC). The examination period was January 1, 2012 through December 31, 2015. “Expectations for how we operate as a corporate citizen have never been higher, and we understand our responsibility to revitalize neighborhoods, provide financial education, create employment opportunities, support small business development and affordable housing, and so much more,” said Andy Cecere, chairman, president and chief executive officer of U.S. Bank.
Rating Action: Moody's assigns definitive ratings to Notes issued by Hawksmoor Mortgage Funding 2019-1 plc. Global Credit Research- 27 Aug 2019. London, 27 August 2019-- Moody's Investors Service has assigned ...
While U.S. Bancorp's (USB) organic and inorganic growth will support the company's top line in the quarters ahead, rise in costs remains a headwind.