|Bid||0.00 x 1200|
|Ask||57.81 x 1200|
|Day's Range||55.45 - 55.91|
|52 Week Range||43.14 - 57.81|
|Beta (3Y Monthly)||1.23|
|PE Ratio (TTM)||13.11|
|Earnings Date||Oct 16, 2019|
|Forward Dividend & Yield||1.48 (2.64%)|
|1y Target Est||56.38|
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.
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.
U.S. Bancorp will host an Investor Day in New York City on Thursday, September 12, 2019. Presentations will be given by Chairman, President and Chief Executive Officer Andy Cecere and members of U.S.
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.
U.S. Bank announced dozens of new features today that are available in the rebuilt U.S. Bank mobile app, including a Spanish language option – a first for U.S. Bank – and availability on Android devices. “We are thrilled to have Spanish available on the U.S. Bank mobile app, and it’s just one step we’re taking as we develop a culturally attuned experience across all our customer touchpoints,” says Ramiro Padilla Klein, who leads Hispanic segment strategy at U.S. Bank. U.S. Bank has delivered more than 100 million Insights to customers since the feature launched.
US Bank's James Payne is the CRE Banker of the Year at the Business Journal's inaugural CRE Leadership Awards.