|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|
|Forward Dividend & Yield||1.68 (3.01%)|
|1y Target Est||N/A|
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.
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."
Since the recession, banks' reputations have taken a hit. Reba Dominski must steer through that and focus on philanthropic efforts.
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.
U.S. Bancorp (NYSE: USB) is readying for its retail launch in Charlotte this fall with new hires. Sharon Palm is heading up market operations for U.S. Bank in Charlotte. Vickie Wilson was named the consumer and business banking leader for the local market.
Despite a challenging backdrop, Warren Buffett is adding bank stocks to his investment portfolio. Thus, investing in banks with strong fundamentals and prospects seem to be a wise decision.
Charlotte Center City Partners and U.S. Bank have reached an agreement to make the Minneapolis-based bank the lead sponsor of a long-delayed bike and pedestrian bridge connecting uptown and South End.
US Bank's James Payne is the CRE Banker of the Year at the Business Journal's inaugural CRE Leadership Awards.
Berkshire Hathaway (BRK.B, $198.31) Chairman and CEO Warren Buffett hasn't found much to his liking in 2019.The Oracle of Omaha bought and sold left and right at the end of 2018. He used the fourth quarter's near-bear market to snap up bargains and exit a few underperforming investments, amassing a total of 17 common-stock trades. But thanks to significantly higher prices across 2019, Buffett has dialed things down, making 10 such moves in Q1 and just six in the three months ended June 30.Nonetheless, we can gleam a few things from what Buffett is doing, so today we will take a look at the most recent changes to Berkshire Hathaway's equity portfolio.The U.S. Securities and Exchange Commission's own rules require Buffett to open up about these moves. All investment managers with more than $100 million in assets must file a Form 13F every quarter to disclose every change in stock ownership. That's an important level of transparency for anyone well-funded enough to significantly impact a stock with their investment. And in this case, it helps people who appreciate Buffett's insights track what he's doing - some investors view a Berkshire buy as an important seal of approval. (Just remember: A few of Berkshire's holdings are influenced or even outright decided by lieutenants Ted Weschler and Todd Combs.)Here's what Warren Buffett's Berkshire Hathaway was buying and selling during the second quarter of 2019, based on the most recent 13F that was filed on Aug. 14. The list includes six changes to the equity portfolio, and a notable seventh investment. SEE ALSO: The Berkshire Hathaway Portfolio: All 47 Buffett Stocks