U.S. Bancorp (NYSE:USB) Morgan Stanley US Financials, Payments & CRE Conference June 11, 2024 10:15 AM ET Company Participants Andrew Cecere - Chairman and CEO John Stern - CFO Conference Call Participants Betsy Graseck - Morgan Stanley Betsy Graseck All righty. I will read my disclaimer and then we'll get into it. For important disclosures, please see Morgan Stanley research disclosure website at www.morganstanley.com/researchdisclosures. So, taking of photographs and the use of recording devices is also n ...

U.S. Bancorp’s (USB) robust loan pipeline, investment portfolio repositioning efforts and stable deposits are likely to enhance net interest income (NII). Diverse revenue streams and rising fee income are expected to support top-line growth. However, an escalating expense base remains a concern.U.S. Bancorp has experienced strong growth in total loans and deposits in the past few years. This growth is mainly driven by efforts to strengthen relationships with existing customers, acquire new ones and increase ...

The SM770 supports up to three 4K 60Hz UHD displays and up to 144Hz display, allowing flexible connections with PC notebooks, ideally for commercial use, shared office users, and gamers.TAIPEI and MILPITAS, Calif., June 3, 2024 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO), a global leader in designing and marketing controller solutions for display interface and NAND storage, today announced the launch of the SM770 USB display interface SoC for USB docking stations to simplify conne ...

U.S. Bancorp (NYSE:USB) Bernstein's 40th Annual Strategic Decisions Conference May 30, 2024 9:00 AM ET Company Participants Andy Cecere - Chairman and Chief Executive John Stern - Senior Executive Vice President and Chief Financial Conference Call Participants John McDonald - Bernstein John McDonald Okay, good morning. Thanks everyone. We're very happy to start today off with U.S. Bancorp joining us again. From the company we have CEO Andy Cecere and CFO John Stern. Thank you both for coming. Andy Cecere Th ...

U.S. Bancorp (NYSE:USB) Barclays Americas Select Franchise Conference 2024 May 7, 2024 5:00 AM ET Company Participants Terry Dolan - Vice Chair and Chief Administration Officer John Stern - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Jason Goldberg - Barclays Jason Goldberg Welcome. I'm Jason Goldberg, and I cover the U.S. large cap bank stocks here at Barclays. Welcome to our Annual Americas Select Franchise Conference. This started well over 20 years ago with f ...

U.S. Bancorp (NYSE:USB) Barclays Americas Select Franchise Conference 2024 May 7, 2024 5:00 AM ET Company Participants Terry Dolan - Vice Chair and Chief Administration Officer John Stern - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Jason Goldberg - Barclays Jason Goldberg Welcome. I'm Jason Goldberg, and I cover the U.S. large cap bank stocks here at Barclays. Welcome to our Annual Americas Select Franchise Conference. This started well over 20 years ago with f ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from (not applicable) Commission file number 1-6880 U.S. BANCORP (Exact name of registrant as specified in its charter) Delaware 41-0255900 (State or other jurisdiction of in ...

LONDON, April 24, 2024 (GLOBE NEWSWIRE) -- Elavon, a leading global payments provider, today announces its expanded collaboration in Europe with FreedomPay, a global leader in Next Level Commerce™ technologies. The partnership aims to deliver cutting-edge integrated commerce solutions and omni-channel payments technology to large enterprise merchants across Retail and Hospitality. The agreement pairs Elavon acquiring with FreedomPay commerce technologies to benefit Elavon merchants across Europe, empowering ...

U.S. Bancorp said in its latest earnings report that consumers are continuing to boost their credit card loans – and though charge-offs have increased, credit quality has remained strong.Credit card loans in the quarter were $28 billion, adding more than 9% year over year, the parent company of U.S. Bank said Wednesday (April 17).“Credit quality metrics continue to develop in line with our expectations,” CEO Andrew Cecere said, adding that “loan and deposit growth remains under pressure for the industry.”De ...

U.S. Bancorp is forecasting a decline in net interest income for this year. In announcing its earnings Wednesday (April 17), the lender said it anticipates net interest income (NII) of $16.1 billion to $16.4 billion, down from earlier projection of at least $16.6 billion for the year.The bank’s NII for the quarter came to $3.9 billion, down 3.1% for the fourth quarter of 2023, and 14% year over year. This was “due to the impact of higher interest rates on deposit mix and pricing, partially offset by higher ...