|Bid||45.80 x 1800|
|Ask||45.95 x 3000|
|Day's Range||45.29 - 46.19|
|52 Week Range||28.36 - 55.69|
|Beta (5Y Monthly)||1.11|
|PE Ratio (TTM)||14.99|
|Earnings Date||Apr 15, 2021|
|Forward Dividend & Yield||1.68 (3.66%)|
|Ex-Dividend Date||Dec 30, 2020|
|1y Target Est||54.01|
Low rates hurt Q4 results of banks, including Wells Fargo (WFC), JPMorgan (JPM), Citigroup (C), U.S. Bancorp (USB), BofA (BAC) and Comerica (CMA), while fee income provides some respite. Bleak outlook for first-half 2021 worries investors.
Asset quality remained stable and the bank did not build reserves for the first time in four quarters.
U.S. Bancorp (USB) Q4 results reflect high fee income, partly offset by elevated operating expenses and provisions, along with margin pressure.