|Bid||50.00 x 800|
|Ask||51.99 x 2900|
|Day's Range||51.24 - 52.06|
|52 Week Range||43.14 - 55.56|
|Beta (3Y Monthly)||1.23|
|PE Ratio (TTM)||12.40|
|Earnings Date||Jul 17, 2019|
|Forward Dividend & Yield||1.48 (3.07%)|
|1y Target Est||55.18|
The U.S. Bank Freight Payment Index, a quarterly analysis of freight shipment volumes and spend by companies shipping goods, revealed mixed results for the first quarter of 2019 and moderation after record highs in 2018.
Dee O’Dell is the Charlotte-based consumer and business banking regional executive for the eastern region. He shared more details on what's to come for U.S. Bank in the Charlotte market.
It's the second bank to recently announce plans of adding a retail presence in the Charlotte market.
Bank of America posted its first-quarter earnings on April 16. Revenue was down slightly from last year, totaling $23 billion, but net income rose to $7.3 billion from $6.9 billion last year. Earnings per share were 70 cents, beating expectations of 66 cents.
In fall 2019, U.S. Bank will expand its retail banking presence to a new state with the opening of its first branch in Charlotte, N.C. Retail banking expansion complements an already strong U.S. Bank presence in Charlotte, which is home to roughly 800 employees across several business areas, including Corporate & Commercial Banking, Investment Services, Risk & Compliance and Mortgage. U.S. Bank is in the process of filing its application for expansion in North Carolina with the Office of the Comptroller of the Currency. “U.S. Bank operates across the country with a commitment to community vibrancy and economic vitality.
A judge on Thursday ordered banks to comply with a request from Puerto Rico's federally created financial oversight board to disclose customer information related to certain debt issued by the bankrupt U.S. commonwealth. The ruling boosts a potential effort by the board to recover billions of dollars in payments made to bondholders should a federal court hearing Puerto Rico's bankruptcy cases choose to invalidate disputed debt issued by the government and its agencies. U.S. Magistrate Judge Judith Gail Dein's order said "good cause exists" to grant the board's motion, which seeks to compel banks to submit bondholder names and addresses along with Puerto Rico debt payments the bondholders received between 2013 and 2017.
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.
As a large-cap stock with market capitalization of US$80b, U.S. Bancorp (NYSE:USB) falls into the category of a major bank. As these large financial institutions revert back to health after the 2008 Financial Crisis, we are seeing an in...
MINNEAPOLIS-- -- Net revenue of $5,577 million and net income of $1,699 million Industry leading return on average assets of 1.49% and return on average common equity of 14.3% U.S. Bancorp : 1Q19 Key Financial Data PROFITABILITY METRICS 1Q19 4Q18 1Q18 Return on average assets 1.49 1.59 1.50 Return on average common equity 14.3 15.8 14.9 Return on tangible common ...
Investing.com - U.S. Bancorp managed to produce first-quarter profit that matched consensus forecasts as loans at the beginning of the year registered solid growth, but revenue fell just short of estimates, following a trend seen in several of its financial sector competitors.
Investing.com - Shares in Morgan Stanley (NYSE:MS) rose to their highest level in seven months after the bank appeared to navigate volatility in global markets in the first quarter slightly better than the market had expected.
U.S. Bank announced today that the company has hired veteran digital leader and innovator, Derek White, as chief digital officer responsible for leading the company’s newly combined digital team. White will report to U.S. Bank chairman, president and CEO Andy Cecere and be a member of the company’s Managing Committee. White will be responsible for the company’s enterprise-wide digital strategy, including innovation, digital products, development, omnichannel and Agile initiatives.
Weak investment banking performance and dismal trading will likely hurt BofA's (BAC) Q1 earnings to an extent, while higher interest rates and decent loan growth will offer some support.
First-quarter results of U.S. Bancorp (USB) are likely to reflect benefits from an improved lending scenario and higher demand for online services.
Four banks on Friday fired back at a move by Puerto Rico's federally created financial oversight board to force them to disclose customer information related to certain debt issued by the bankrupt U.S. commonwealth. The board on Monday asked the U.S. District Court judge hearing the island's bankruptcy cases to compel the banks to submit bondholder names and addresses along with related payments the bondholders received between 2013 and 2017 by an April 19 deadline. The Bank of New York Mellon, Bank of America Corp , JP Morgan Chase Bank, and U.S. Bank objected, citing concerns over disclosing confidential customer information, as well as the cost and ability to produce a large amount of information within the tight deadline.
Higher rates, loan demand and decent investment banking performance support JPMorgan's (JPM) Q1 earnings while trading disappoints.
Wells Fargo (WFC) first-quarter 2019 results reflect lower expenses, partly offset by lower fee income, including reduction in mortgage banking revenues.
U.S. Bank National Association, a subsidiary of U.S. Bancorp, today announced the redemption on April 24, 2019, of all its outstanding Floating Rate Senior Notes due May 24, 2019 (CUSIP No.