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U.S. Bancorp (USB) Laps the Stock Market: Here's Why
Zacks Investment Research· 2024-03-18 22:56
U.S. Bancorp (USB) closed at $42.47 in the latest trading session, marking a +0.93% move from the prior day. This change outpaced the S&P 500's 0.63% gain on the day. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.82%.Shares of the company have appreciated by 1.42% over the course of the past month, underperforming the Finance sector's gain of 2.48% and the S&P 500's gain of 1.76%.Market participants will be closely following the financial results of U.S. Bancorp in its upcoming release ...
U.S. Bancorp (USB) Rides on Loans, Fee Income Amid High Costs
Zacks Investment Research· 2024-03-13 16:36
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 likely to support top-line growth. However, an escalating expense base and a concentrated loan portfolio are concerns.U.S. Bancorp witnessed strong growth in total loans and deposits over the past few years on the back of sustained client acquisition and deepened relationships with existing clients. Total ...
U.S. Bancorp (USB) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-03-12 22:56
The latest trading session saw U.S. Bancorp (USB) ending at $43.21, denoting a -0.71% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 1.12%. At the same time, the Dow added 0.61%, and the tech-heavy Nasdaq gained 1.54%.The company's stock has climbed by 5.97% in the past month, exceeding the Finance sector's gain of 4.07% and the S&P 500's gain of 2.06%.Market participants will be closely following the financial results of U.S. Bancorp in its upcoming relea ...
U.S. Bancorp announces quarterly dividends
Businesswire· 2024-03-12 20:47
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.49 per common share, payable April 15, 2024, to stockholders of record at the close of business on March 29, 2024. At this quarterly dividend rate, the annual dividend is equivalent to $1.96 per common share. The Board of Directors also declared the following: A regular quarterly dividend of $1,667.221 per share (equivalent to $16.672210 per depositary share) on the Series A No ...
U.S. Bancorp: Strong Returns On Equity Points To Outperformance
Seeking Alpha· 2024-03-09 01:41
Sundry Photography Investment Thesis U.S. Bancorp (NYSE:USB) is expected to create an annual return of 18.1% for shareholders, making USB a buy at current times. The bank has shown strong net interest margins while controlling the net charge off ratio by decreasing leverage in the loan book. When it comes to cost management, USB stands out with a strong efficiency ratio. Therefore, the bank shows itself as solid around most metrics. Bank Overview U.S. Bancorp is known as a financial holding company, whi ...
U.S. Bancorp (USB) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-03-06 23:51
U.S. Bancorp (USB) ended the recent trading session at $43.09, demonstrating a -0.37% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.51%. Elsewhere, the Dow saw an upswing of 0.2%, while the tech-heavy Nasdaq appreciated by 0.58%.The company's shares have seen an increase of 7.86% over the last month, surpassing the Finance sector's gain of 4.57% and the S&P 500's gain of 2.94%.The investment community will be paying close attention to the earnings performance ...
Update Regarding U.S. Bancorp Presentation at the RBC Capital Markets Global Financial Institutions Conference
Businesswire· 2024-03-05 16:07
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB) announced today that due to a vendor error, the live audio webcast of the company’s presentation at the RBC Capital Markets Global Financial Institutions Conference on Tuesday was temporarily not available in full. A full replay version of the audio webcast is now available at the “Webcasts and Presentations” section of the U.S. Bank Investor Relations website. About U.S. Bancorp U.S. Bancorp, with more than 70,000 employees and $663 billion in asset ...
U.S. Bank Named One of the 2024 World's Most Ethical Companies
Businesswire· 2024-03-04 14:34
MINNEAPOLIS--(BUSINESS WIRE)--For the 10th consecutive year, U.S. Bank has been named one of the World’s Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. Ethisphere recognized 136 honorees that span 20 countries and 44 industries. U.S. Bank is one of four honorees in the banking category and the only U.S.-based bank to be honored for 10 consecutive years. The listed 2024 World’s Most Ethical Companies® honorees outp ...
U.S. Bancorp (USB) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-02-29 23:51
The latest trading session saw U.S. Bancorp (USB) ending at $41.96, denoting a +1.8% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.52%. Meanwhile, the Dow gained 0.12%, and the Nasdaq, a tech-heavy index, added 0.9%.Shares of the company have depreciated by 0.77% over the course of the past month, underperforming the Finance sector's gain of 2.95% and the S&P 500's gain of 3.85%.The investment community will be closely monitoring the performance ...
Why U.S. Bancorp (USB) Dipped More Than Broader Market Today
Zacks Investment Research· 2024-02-28 23:55
The most recent trading session ended with U.S. Bancorp (USB) standing at $41.22, reflecting a -0.36% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 0.17%. Meanwhile, the Dow experienced a drop of 0.06%, and the technology-dominated Nasdaq saw a decrease of 0.55%.The the stock of company has fallen by 4.55% in the past month, lagging the Finance sector's gain of 2.86% and the S&P 500's gain of 3.98%.Market participants will be closely following t ...