|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||49.15 - 50.90|
|52 Week Range||49.15 - 58.50|
|PE Ratio (TTM)||14.03|
|Forward Dividend & Yield||1.20 (2.25%)|
|1y Target Est||N/A|
Times are very, very good right now for JPMorgan Chase & Co. (NYSE:JPM) and JPMorgan stock. Following a successful Investor Day, the bank has declared a 56-cents-per-share dividend, promised to deliver all its future income to shareholders, and recruited Mellody Hobson, a black woman, to its board. With the Federal Reserve about to raise rates and more rate hikes expected, this would seem to be a good time to buy bank stocks, which are in the business of selling money for more than they pay for it.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting USB. Over the last one-month, outflows of investor capital in ETFs holding USB totaled $3.07 billion.
With interest rates on the rise, bonds are becoming more attractive, which means high-yield funds may soon feel the squeeze. The bond market isn’t competitive just yet, though, so there are plenty of funds that I would hold onto for awhile, or at least until the 10-year bond is pushing 4%.
US. Bancorp’s (NYSE:USB) released its most recent earnings update in December 2017, which confirmed that the business benefited from a small tailwind, leading to a single-digit earnings growth of 5.80%.Read More...
The nation’s largest banks — such as JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs, and Morgan Stanley — have operations around the country. Here are other recent stories reported by The Business Journals and other media outlets.
Andrew Cecere, the president and CEO and U.S. Bancorp (NYSE: USB), was compensated more than $12 million in the company's last fiscal year, according to a new disclosure. Cecere, 57, became CEO in April ...
Moody's Investors Service has placed on review for downgrade the ratings on 72 tranches in 36 structured note transactions. The actions are prompted by the rating actions on Barclays Bank PLC, Barclays ...
Moody's Investors Service, ("Moody's") has placed the long-term ratings of U.S. Bancorp and its subsidiaries (USB), including its bank subsidiary, U.S. Bank National Association (U.S. Bank), ...
A federal judge overseeing U.S. Bancorp’s deal to avoid prosecution for money-laundering lapses criticized those types of agreements while lamenting that he has no power to do anything about them.
By Peter Kenny, chief market strategist for Global Markets Advisory Group and owner of KennysCommentary.com U.S. equity markets post best weekly gain since 2013 a week after posting the worst weekly performance in two years. U.S. dollar finally reverses higher last week after trading to a three year low CBOE Volatility Index (^VIX) drops 49.3% from its Feb. 6th high of 38.33 January’s NFIB report ticks higher (again) to 106.9 from December’s 104.9 After falling 10.5% from recent highs, WTI crude firms and trades to $61. ...
US. Bancorp (NYSE:USB) delivered an ROE of 12.59% over the past 12 months, which is an impressive feat relative to its industry average of 8.20% during the same period. OnRead More...
Prosecutors said U.S. Bancorp's money-laundering compliance program operated on the cheap. Now the bank is paying regulators $613 million to resolve allegations of deficiencies.
U.S. Bancorp, the biggest regional bank in the country, was fined $613 million for what regulators and prosecutors said were shoddy anti-money-laundering controls.
U.S. Bancorp said Thursday it will pay $613 million in fines and penalties to settle allegations that the bank had poor anti-money laundering controls, which put the bank repeatedly at risk of being used ...