USB - U.S. Bancorp

NYSE - NYSE Delayed Price. Currency in USD
51.05
-0.55 (-1.07%)
At close: 4:00PM EST

51.05 0.00 (0.00%)
After hours: 6:06PM EST

Stock chart is not supported by your current browser
Previous Close51.60
Open51.53
Bid51.00 x 3100
Ask51.91 x 900
Day's Range50.92 - 51.55
52 Week Range43.14 - 56.10
Volume6,145,663
Avg. Volume8,087,170
Market Cap82.088B
Beta (3Y Monthly)1.23
PE Ratio (TTM)12.33
EPS (TTM)4.14
Earnings DateApr 17, 2019
Forward Dividend & Yield1.48 (2.88%)
Ex-Dividend Date2018-12-28
1y Target Est55.09
Trade prices are not sourced from all markets
  • Bloomberg5 hours ago

    Goldman's Grocer Suit Takes Early Turn With Bid to Oust Law Firm

    U.S. Bancorp, one of the defendants, plans to file a motion to have Quinn Emanuel ejected from the case because it represented the bank in another matter, according to a filing Wednesday that was signed by the Wall Street firms. The move comes on top of an effort to have the case shifted from state court to federal court, all of which will serve to delay the legal process, said Greg Marose, a spokesman for United Natural. “Goldman and others intend to brazenly use half-truths as the basis for attempting to deny us the right to our extremely well-qualified counsel of choice,” Marose said.

  • Why U.S. Bancorp (USB) is a Top Dividend Stock for Your Portfolio
    Zacksyesterday

    Why U.S. Bancorp (USB) is a Top Dividend Stock for Your Portfolio

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does U.S. Bancorp (USB) have what it takes? Let's find out.

  • Invest Like Warren Buffet With These Bank ETFs
    Zacks2 days ago

    Invest Like Warren Buffet With These Bank ETFs

    Investors seeking to emulate Buffett's investing style should look at bank ETFs.

  • ETF Trends6 days ago

    Bank ETFs Climb on Buffett’s Berkshire Bet on Financials

    Bank stocks and sector-related exchange traded funds were leading the markets higher after recent filings revealed Warren Buffett's Berkshire Hathaway Inc. jumped in on the falling bank stocks to increase his bets on financials, hinting at the possibility of further merger and acquisition activity in the space. Among the top performing non-leveraged ETFs on Friday, the Invesco KBW Bank ETF (KBWB) increased 2.3%, First Trust NASDAQ ABA Community Bank Index Fund (QABA) advanced 2.0% and SPDR S&P Bank ETF (KBE) gained 2.1%. Meanwhile, the broader Financial Select Sector SPDR (XLF) was 1.8% higher.

  • GuruFocus.com6 days ago

    Berkshire Hathaway Buys JPMorgan Chase & Co, Red Hat Inc, General Motors Co, Sells Oracle ...

    This is the latest portfolio update for Warren Buffett

  • Buffett Goes Bigger on Banks, Pumps Brakes on Apple Stock
    InvestorPlace6 days ago

    Buffett Goes Bigger on Banks, Pumps Brakes on Apple Stock

    Berkshire Hathaway (NYSE:BRK.A) has filed its final 13f report for 2018 detailing its stock investments and, as usual, people are poring over it like Cold War Kremlinologists … the headlines, however, screamed about Buffett selling out of Apple (NASDAQ:AAPL) stock.Source: Shutterstock The report showed the portfolio losing $38 billion during the quarter, almost 21% of its value, during the worst bear market since the 2008 financial meltdown. Berkshire stock fell about 6.5% during the period.But Berkshire only sold about 1% of its Apple stock. AAPL remains the largest holding in the portfolio, and it reportedly wasn't even Buffett doing the selling. The company's "basis" in the shares, its average purchase price, is $126. Apple was due to open on February 15 at $170.40 per share.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Hot Stocks Leading the Market's Blitz Higher Buffett Likes BanksBuffett started as a stock investor, Berkshire as a sort of mutual fund representing his investments.As Berkshire grew, however, it began buying entire companies, and is now primarily an insurance firm with brands like GEICO and Homestate. Berkshire is also a major electrical utility, one of the largest solar energy investors in the U.S.To the extent it matters to Berkshire Hathaway shareholders, its stakes in other companies are its "mad money," an investment pool that's an alternative to the usual insurance industry practice of buying bonds or index funds. The 13f lists 14 fund managers, one for each insurance company.Still, journalists tell us, this is Warren Buffett, he must know something.Buffett knows the value of time. Buffett also knows finance. Buffett knows that banking and insurance are great businesses to be in. Buffett also knows how to take advantage of a huge cash position. This brought the decade's biggest win, warrants in Bank of America (NYSE:BAC).The warrants were purchased at the peak of the 2008 crisis. The warrants cost $5, each convertible into a share of common stock which opened for trade Feb. 15 at $28.39. This is nice work if you can get it. You can if you have billions of dollars in cash and don't lose your nerve. Berkshire now owns about 9.5% of the bank. Bank of America is now Berkshire's second-largest holding.The big news in this report is a renewed bet on big banks. New money went into US Bancorp (NYSE:USB), JPMorgan Chase (NYSE:JPM), PNC Financial (NYSE:PNC), and Bank of New York Mellon (NYSE:BK).The 13f shows Berkshire reducing its stake in Wells Fargo (NYSE:WFC), which has been under pressure over its various scandals and opened at $48.80. But Berkshire's cost basis in this stock is $24 per share.The big lesson of Berkshire Hathaway is to buy good companies and let time do your work. Even if they falter, you will still have a profit. Berkshire Hathaway and Tech LossesThat is also the lesson of Apple.Buffett has said in the past he doesn't like tech and doesn't understand it. Maybe we should take him at his word. Apple is less a computing play than a company built on consumer products and services.Early in 2018 Berkshire sold entirely out of IBM (NYSE:IBM), and the big tech news here may be that he's getting back in, having bought stock in Red Hat (NYSE:RHT), which IBM is now acquiring.Buffett's biggest tech mistake now may be Oracle (NASDAQ:ORCL), which Berkshire exited during the quarter at about break-even. The Bottom Line on Berkshire HathawayApple's stock price collapse after it reported earnings in October cost Buffett's portfolio almost $17 billion, the value of its stake plunging from almost $57 billion to about $39.4 billion. It still represented 21.5% of the portfolio at year-end and was its largest holding.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AAPL and JPM. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post Buffett Goes Bigger on Banks, Pumps Brakes on Apple Stock appeared first on InvestorPlace.

  • Why Is U.S. Bancorp (USB) Up 1.4% Since Last Earnings Report?
    Zacks6 days ago

    Why Is U.S. Bancorp (USB) Up 1.4% Since Last Earnings Report?

    U.S. Bancorp (USB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Morningstar6 days ago

    Berkshire Picks Up Red Hat and Suncor, Dumps Oracle

    The firm also increased its stake in JPMorgan Chase and other financials.

  • New players, new pairings will shake up Twin Cities banking sector
    American City Business Journals7 days ago

    New players, new pairings will shake up Twin Cities banking sector

    Between mergers and acquisitions and new players coming to town, the Twin Cities banking scene is active right now.

  • Downtown Minneapolis population nears 50,000 after a big year; top employers ranked
    American City Business Journals8 days ago

    Downtown Minneapolis population nears 50,000 after a big year; top employers ranked

    There’s a shade under 50,000 people living in downtown Minneapolis after the city’s core added 6,325 residents in 2018, an increase of 14.5 percent.

  • The Zacks Analyst Blog Highlights: Disney, Eli Lilly, U.S. Bancorp, Prudential and Alexion
    Zacks8 days ago

    The Zacks Analyst Blog Highlights: Disney, Eli Lilly, U.S. Bancorp, Prudential and Alexion

    The Zacks Analyst Blog Highlights: Disney, Eli Lilly, U.S. Bancorp, Prudential and Alexion

  • Top Stock Reports for Disney, Eli Lilly & U.S. Bancorp
    Zacks9 days ago

    Top Stock Reports for Disney, Eli Lilly & U.S. Bancorp

    Top Stock Reports for Disney, Eli Lilly & U.S. Bancorp

  • Business Wire9 days ago

    New Survey of Healthcare IT Execs and Patients Finds Alignment around Efforts to Enhance the Patient Payment Experience

    Elavon, a leading healthcare payments provider, looked deeper into the healthcare payments experience by interviewing hundreds of patients and healthcare information technology (HIT) executives across the U.S. Results of its two-part survey showed that while views align in many areas, including the need to make the overall patient payment experience better, views differ on innovations and how patients prefer to access healthcare information. “It was interesting comparing the views and perceptions of patients and HIT executives,” said Jana Franks, SVP and GM, Healthcare Solutions. “We’ve known that finding ways to increase cost transparency is the biggest opportunity to improve the overall patient experience.

  • Read This Before Buying U.S. Bancorp (NYSE:USB) Shares
    Simply Wall St.9 days ago

    Read This Before Buying U.S. Bancorp (NYSE:USB) Shares

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! It is not uncommon to see companiesRead More...

  • Marquee tenant decides to stay put in downtown tower
    American City Business Journals10 days ago

    Marquee tenant decides to stay put in downtown tower

    "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.

  • ETF Trends13 days ago

    Regional Bank ETF Boosted By Merger News

    The iShares U.S. Regional Banks ETF (NYSEArca: IAT), which tracks a basket of large regional banks, was trading higher by nearly 2% in midday trading Thursday on news that BB&T Corp. (NYSE: BBT) is acquiring ...

  • Elizabeth Warren and Maxine Waters push back on BB&T, SunTrust merger
    Yahoo Finance13 days ago

    Elizabeth Warren and Maxine Waters push back on BB&T, SunTrust merger

    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.

  • 3 Big Stock Charts for Friday: Regions Financial, Fortinet and U.S. Bancorp
    InvestorPlace13 days ago

    3 Big Stock Charts for Friday: Regions Financial, Fortinet and U.S. Bancorp

    It could have been worse. Though the S&P 500 closed with a loss of 0.94% on Thursday, that's a significant improvement on the intraday loss of 1.6%. Some opportunity-minded traders weren't terribly afraid to already step into the dip.Had it not been for names like General Electric (NYSE:GE) or Advanced Micro Devices (NASDAQ:AMD), the market may have even been able to fight its way back into the black. GE stock fell nearly 4% yesterday after Fitch cut its ratings outlook on the struggling company from "stable" to "negative." AMD fell 2.5%, as investors continue to wonder what the company's future plausibly looks like.There were still a handful of winners … names like Chipotle Mexican Grill (NYSE:CMG), which gained more than 11% after an earnings beat became validation of its turnaround effort. There just weren't enough stories like Chipotle's.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs the week winds down, it's the slightly less volatile names like Regions Financial (NYSE:RF), Fortinet (NASDAQ:FTNT) and U.S. Bancorp (NYSE:USB) that look ready to make reliable moves. In all three cases though, one more piece of the puzzle needs to be placed. Regions Financial (RF)Regions Financial got off to a great start yesterday, as did most names … and banking stocks in particular. The stock pushed up and off its 20-day moving average line, seemingly shaking off recent weakness. * 10 Monster Growth Stocks to Buy for 2019 and Beyond Its bump into its 100-day moving average line, however, put an alarming degree of profit-taking into motion. Though so far the failed breakout move can be chalked up to volatility, a little bearish follow-through could actually do a lot of damage. Click to Enlarge • The volume spike is telling. You can't see it on either of our stock charts, but on an intraday chart it becomes clear there was more volume behind the selling than the buying. And, it started quite early. The strong open never has much support.• We still have to respect the potential support at the 20-day line, plotted in blue, which has kept RF shares propped up for the past week.• A break above the gray 100-day moving average line still can't be ruled out, but given Thursday's action, a close above that level has become a prerequisite for any new long entry. U.S. Bancorp (USB)Curiously, though not surprisingly, Regions Financial wasn't the only banking stock to wave red flags on Thursday. U.S. Bancorp did as well. But, it waved a different red flag.Regardless, current owners have good reason to be concerned. Click to Enlarge • The weekly chart puts things in perspective, though the worry is only evident on the daily chart. While USB stock has rallied nicely from its December low, the recent test at the white 200-day moving average line seems to have ended in failure as of Thursday.• The shape of yesterday's bar is just as concerning as its location. It's almost a complete engulfing pattern, meaning Thursday's open-close range expands the prior day's entire high-low range … turned in the other direction. Also "engulfed" were the 200-day moving average and the 100-day moving average lines.• While yesterday signals a potential pivot, such clues generally require confirmation in the form of a lower close. Fortinet (FTNT)Finally, in late January we noted Fortinet shares were trapped in a trading range, between $64.50 and $75.70. At the time, the stock looked content to not only remain in that range, but remain in the very middle of that range.It didn't. The bulls finally took charge, forcing Fortinet up and over the upper boundary earlier this month, clearing another major technical hurdle in the meantime. Shares have peeled back since then, but found a telling floor as of yesterday's session. Click to Enlarge • The shape of yesterday's bar is noteworthy. While FTNT closed at a loss, it also closed well above the low. Buyers were pouring back in as the closing bell rang.• Also noteworthy is where the floor was found. All it took as a kiss of the gray 100-day moving average line to pivot back into buying mode.• While the stage is set for a "second wave," before Fortinet is buy-worthy it needs to confirm the pivot with a close above Thursday's high.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Are These 7 Dividend Aristocrats ETFs Fit for a King? * 7 of the Best Emerging Markets Stocks to Buy * 5 Gold Stocks That Should Glitter in 2019 Compare Brokers The post 3 Big Stock Charts for Friday: Regions Financial, Fortinet and U.S. Bancorp appeared first on InvestorPlace.

  • Financial Times14 days ago

    [$$] $66bn US bank merger ups ante on rivals to consolidate

    The biggest US  bank deal since the financial crisis will heap pressure on America’s mid-sized lenders to find merger partners, industry executives, investors and analysts say.  Consolidation among the ...

  • Reuters14 days ago

    Regional lenders BB&T, SunTrust combine to scale up

    The combination of two Southeast regional banking giants BB&T Corp and SunTrust Banks Inc, in a deal valued at US$66bn, positions the combined company to compete with rival lenders on a national scale. In what is the biggest US bank merger since the financial crisis, the bulked up balance sheet means more resources to expand the combined bank's syndicated lending for acquisitions, buyouts and middle market company growth efforts, bankers said. “They are combining their gunpowder, and after they combine assets they will be right around where US Bank is – and US Bank is pretty active in extending lending and building out relationships,” said a senior banker.

  • BB&T, SunTrust merger could spur domino effect of bank M&A
    Yahoo Finance14 days ago

    BB&T, SunTrust merger could spur domino effect of bank M&A

    BB&T and SunTrust's merger of equals could spur M&A deals among banks of all sizes, amid favorable regulatory conditions.

  • Business Wire17 days ago

    U.S. Bank Announces Redemption of Senior Notes

    U.S. Bank National Association today announced the redemption on February 14, 2019, of all of its outstanding Floating Rate Senior Notes due March 14, 2019 (CUSIP No. 90331HNF6). The redemption price for each of the Senior Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date of February 14, 2019. Payment of the redemption price for each of the Senior Notes will be made through the facilities of The Depository Trust Company.

  • Are You Looking for a High-Growth Dividend Stock? U.S. Bancorp (USB) Could Be a Great Choice
    Zacks17 days ago

    Are You Looking for a High-Growth Dividend Stock? U.S. Bancorp (USB) Could Be a Great Choice

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does U.S. Bancorp (USB) have what it takes? Let's find out.

  • Bitcoin review: R3 execs leave group ... The Graph raises $2.5 million
    American City Business Journals20 days ago

    Bitcoin review: R3 execs leave group ... The Graph raises $2.5 million

    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.

  • TheStreet.com21 days ago

    Changes in Fed Policy Cause Regional Banks to Stall

    The Federal Reserve meeting ended Wednesday afternoon and stocks rallied significantly, but super regional banks, such as BB&T Corp. All five regional banks have solid gains off their Christmas lows, with BBT, M&T and STI in bull market territory. This does not work when many banks stretch for riskier interest-baring assets against short-term funds, giving them risks that the Federal Deposit Insurance Corporation is worried about.