|Bid||51.32 x 1800|
|Ask||51.63 x 800|
|Day's Range||51.17 - 51.93|
|52 Week Range||43.14 - 55.56|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||12.33|
|Earnings Date||Jul 17, 2019|
|Forward Dividend & Yield||1.48 (2.78%)|
|1y Target Est||55.23|
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.
Investment company Tweedy Browne CO LLC buys US Bancorp, sells AutoZone Inc, Union Pacific Corp during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Tweedy ...
The big shareholder groups in U.S. Bancorp (NYSE:USB) have power over the company. Insiders often own a large chunk of...
U.S. Bank welcomes spring with the launch of a comprehensive suite of industry-leading digital tools that will benefit homeowners – simple, smart and secure digital applications for home mortgages, home equity loans and home equity lines of credit, or HELOCs. The enhanced digital experiences include simplified applications that can be self-guided or completed in consultation with a U.S. Bank professional, and capable of generating loan approval recommendations within minutes.
The veteran banker will continue to live in the East Bay as he leads the Sacramento-based Western Bankers Association.
U.S. Bancorp (USB) announced today that Andy Cecere, chairman, president and chief executive officer, and Terry Dolan, vice chairman and chief financial officer, will present at the Barclays Americas Select Franchise Conference 2019. To access a live audio webcast of the presentation, visit U.S. Bancorp’s website at usbank.com and click on “About Us,” “Investor Relations” and “Webcasts & Presentations.” A replay of the webcast will be available after the live event at the same location on the website and will remain posted for 90 days. U.S. Bancorp, with 74,000 employees and $476 billion in assets as of March 31, 2019, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States.
U.S. Bank and Chrome River today introduced the U.S. Bank Expense Wizard – a new payment product combining both virtual payments and expense reporting in a mobile app powered by chatbots and Artificial Intelligence (AI) – at the Finovate Spring Show in San Francisco. Expense Wizard is a travel expense management tool with a one-of-a-kind mobile app and a virtual assistant that makes it easy for employees to arrange travel within company policies, pay with a virtual card in a mobile wallet and capture and file receipts for expense reports as they go through their trip. It also is the first to offer a virtual card into an infrequent traveler’s mobile wallet.
U.S. Bank also places on specialty lists for Employee Resource Groups, Philanthropy and Top Companies for LGBT Employees. U.S. Bank has been named to DiversityInc’s Top 50 Companies for Diversity List. Since 2001, the list has recognized companies for their exceptional commitment to diversity and inclusion.
With customers valuing convenience and experience, Paul DiPaola and U.S. Bank believe the bank's modifications fall in line with their demands.
U.S. Bancorp NYSE:USBView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for USB with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting USB. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $6.07 billion over the last one-month into ETFs that hold USB are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. USB credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Billionaire Warren Buffett is currently in the news cycle for potentially financing Occidental's takeover bid for Anadarko to the tune of $10 billion. Although Chevron previously made a bid for Anadarko, Occidental has made a higher bid with the help of Buffett. In return Warren Buffett will receive 100,000 shares of cumulative perpetual preferred stock […]
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.