U.S. Bancorp (USB)
| Market Cap | 62.37B |
| Revenue (ttm) | 25.16B |
| Net Income (ttm) | 4.67B |
| Shares Out | 1.56B |
| EPS (ttm) | 3.01 |
| PE Ratio | 13.28 |
| Forward PE | 10.23 |
| Dividend | $1.96 (4.90%) |
| Ex-Dividend Date | Jun 28, 2024 |
| Volume | 9,381,277 |
| Open | 39.13 |
| Previous Close | 39.24 |
| Day's Range | 39.04 - 40.06 |
| 52-Week Range | 30.47 - 45.85 |
| Beta | 1.06 |
| Analysts | Buy |
| Price Target | 46.32 (+15.89%) |
| Earnings Date | Jul 17, 2024 |
About USB
U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. It operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditi... [Read more]
Financial Performance
In 2023, U.S. Bancorp's revenue was $25.74 billion, an increase of 15.90% compared to the previous year's $22.21 billion. Earnings were $5.05 billion, a decrease of -8.18%.
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for USB stock is "Buy." The 12-month stock price forecast is $46.32, which is an increase of 15.89% from the latest price.
News
Encore Unveils Cutting-Edge USB-C Audio Solutions to Meet Modern Tech Demand
Lafayette, July 02, 2024 (GLOBE NEWSWIRE) -- Lafayette, Colorado - Encore Data Products has announced the addition of new USB-C compatible audio products to their extensive technology supplies. This n...
This is how much the largest 20 U.S. banks raised dividends after stress tests
With another round of Federal Reserve stress tests in the books, many large U.S. banks have already announced dividend increases. Analysts at Jefferies compiled the data in a report sent to clients ea...
U.S. Bancorp Releases Dodd-Frank Act Stress Test Results
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp Releases Dodd-Frank Act Stress Test Results.
Yard Force Introduces the 21W Portable Solar Charger with Dual USB Ports and 13000 mAh Built-in Battery
DÜSSELDORF, Germany--(BUSINESS WIRE)--Yard Force is excited to announce the launch of the 21W Portable Solar Charger, a revolutionary device designed to provide reliable and efficient power for all yo...
Cramer's Mad Dash: US Bancorp
CNBC's Jim Cramer delivers his daily Mad Dash.
U.S. Bancorp Announces Second Quarter Earnings Conference Call Details
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp Announces Second Quarter Earnings Conference Call Details.
Elavon Launches New Payments Interface for Hospitality Industry
ATLANTA--(BUSINESS WIRE)--Elavon, one of the world's largest payments processors, today announces the launch of Elavon Cloud Payments Interface, a new API that simplifies managing the digital and in-p...
Tap to Pay on iPhone Takes Flight for Elavon, Delta Air Lines
ATLANTA--(BUSINESS WIRE)--Buying a snack or premium beverage on Delta Air Lines flights just became quicker and easier for both flight attendants and passengers. Delta Air Lines and Elavon, a wholly o...
U.S. Bancorp announces quarterly dividends
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp announces quarterly dividends.
Cyber Acoustics Expands Line of USB-C Headsets for K-12 Schools, Will Be On Display at ISTE 2024
VANCOUVER, Wash., June 18, 2024 (GLOBE NEWSWIRE) -- Cyber Acoustics , the leading manufacturer of edtech for all classroom environments, will be showcasing its complete line of education solutions at ...
Elavon to Enable Contactless Payments for SEPTA Commuters
ATLANTA--(BUSINESS WIRE)--Elavon, a wholly-owned subsidiary of U.S. Bank and one of the largest payments processors globally, is partnering with Southeastern Pennsylvania Transportation Authority (SEP...
U.S. Bank, Greenlight Partner to Bring Financial Empowerment to Families
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank announced today a partnership with Greenlight® Financial Technology, Inc. (“Greenlight”), the leading family fintech company on a mission to help parents raise ...
U.S. Bancorp announces new leaders for its WCIB business, forms new Institutional Client Group
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, today announced expanded leadership roles for Stephen Philipson and Felicia La Forgia as part of an effort to strat...
U.S. Bancorp to speak at the Morgan Stanley US Financials, Payments & CRE Conference 2024
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp to speak at the Morgan Stanley US Financials, Payments & CRE Conference 2024.
U.S. Bank Launches “The Power of Us” Campaign, Highlighting Life's Important Moments
MINNEAPOLIS--(BUSINESS WIRE)--For 161 years, U.S. Bank and its clients have walked hand-in-hand together at the center of life's financial milestones, both big and small. And today, the financial inst...
U.S. Bancorp to speak at the Bernstein 40th Annual Strategic Decisions Conference 2024
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp to speak at the Bernstein 40th Annual Strategic Decisions Conference 2024.
U.S. Bancorp Stock Is Trailing S&P500 By 17% YTD, What's Next?
U.S. Bancorp's stock (NYSE: USB) has lost approximately 6% YTD as compared to the 11% gain in the S&P500 index over the same period. Further, it is currently trading at $41 per share, which is 15% bel...
J.D. Power Ranks U.S. Bank Highest in Customer Satisfaction for Retail Banking in California
LOS ANGELES--(BUSINESS WIRE)--For the fourth consecutive year U.S. Bank has received the highest score in California in the J.D. Power 2024 U.S. Retail Banking Satisfaction Study of clients' satisfact...
U.S. Bancorp promotes Gunjan Kedia to president
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp promotes Gunjan Kedia to president.
U.S. Bank Freight Payment Index: Truck freight contraction continues
MINNEAPOLIS--(BUSINESS WIRE)--The latest U.S. Bank Freight Payment Index revealed that the U.S. truck freight market contracted significantly during the first three months of 2024. Spending by shipper...
3 Good Stocks to Buy with Your Tax Refund in 2024 (Or with Any Extra Money)
#Morningstar #ComcastStock #StockInvesting The stocks of these high-quality companies with predictable cash flows look undervalued today. 00:00 Introduction 00:49 Comcast CMCSA 01:19 U.S. Bancorp USB...
Seven bank-stock picks as industry nears ‘positive inflections'
There are always doom-and-gloom warnings in the financial media that the stock market is headed for a tumble, regardless of market conditions. These days, some warnings center on stock valuations appe...
U.S. Bancorp to speak at the Barclays Americas Select Franchise Conference 2024
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp to speak at the Barclays Americas Select Franchise Conference 2024.
U.S. Bank CFO Survey: Corporate Finance Leaders Tighten Belts Amid Uncertainty
MINNEAPOLIS--(BUSINESS WIRE)--U.S. corporate finance leaders have increased focus on cutting costs to prepare their firms for potential economic and geopolitical uncertainty, according to the fourth a...