U.S. Bancorp (USB)
| Market Cap | 79.16B |
| Revenue (ttm) | 24.90B |
| Net Income (ttm) | 5.09B |
| Shares Out | 1.56B |
| EPS (ttm) | 3.25 |
| PE Ratio | 15.59 |
| Forward PE | 12.11 |
| Dividend | $2.00 (3.94%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 8,071,230 |
| Open | 50.60 |
| Previous Close | 50.40 |
| Day's Range | 50.29 - 50.96 |
| 52-Week Range | 36.49 - 51.76 |
| Beta | 1.04 |
| Analysts | Buy |
| Price Target | 51.23 (+0.97%) |
| Earnings Date | Oct 16, 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 20 analysts, the average rating for USB stock is "Buy." The 12-month stock price forecast is $51.23, which is an increase of 0.97% from the latest price.
News
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$4.3 Billion USB Camera Controller Market Forecast to 2029
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US Bancorp: Despite Rate Risk, Series A Preferred Still A Good Buy
US Bancorp's Series A preferred shares remain a top income investment despite recent interest rate volatility, offering a yield of 7%. The bank's net interest margin has improved, with interest income...
U.S. Bancorp (USB) BancAnalysts Association of Boston's Annual Bank Conference (Transcript)
U.S. Bancorp (NYSE:USB) BancAnalysts Association of Boston's Annual Bank Conference November 7, 2024 10:30 AM ET Company Participants John Stern - Senior Executive Vice President and Chief Financial ...
U.S. Bancorp Provides Schedule for 2026 Earnings Conference Calls
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp Provides Schedule for 2026 Earnings Conference Calls.
Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'
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U.S. Bank Decreases Prime Lending Rate to 7.75 Percent
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank Decreases Prime Lending Rate to 7.75 Percent.
Call of the Day: Oppenheimer raises bank targets
The Investment Committee debate the big bank names.
U.S. Bancorp to speak at the BancAnalysts Association of Boston Conference
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp to speak at the BancAnalysts Association of Boston Conference.
U.S. Bancorp announces planned leadership, structural changes for payments business
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp announces planned leadership, structural changes for payments business.
Belkin Introduces the Connect USB-C 11-in-1 Pro GaN Dock
LOS ANGELES--(BUSINESS WIRE)--Belkin, a leading consumer electronics brand for 40 years, today announced the launch of its latest innovation, the Connect USB-C 11-in-1 Pro GaN Dock 150W. Designed for ...
Dow Jumps 250 Points; U.S. Bancorp Earnings Top Views
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining over 250 points on Wednesday.
US Bancorp Sees Stable Card Delinquencies and Commercial Revenue Boost
US Bancorp's latest quarter showed continued growth in card balances, resilience in what it has termed its “differentiated business model” and credit quality metrics that were in line with expectation...
US Bancorp Stock Surges as Profit Tops Expectations
U.S. Bancorp (USB) shares jumped Wednesday as its profit got a boost from higher-than-anticipated net interest income.
U.S. Bancorp (USB) Q3 2024 Earnings Call Transcript
U.S. Bancorp (NYSE:USB) Q3 2024 Earnings Call Transcript October 16, 2024 8:00 AM ET Company Participants George Andersen - SVP and Director of IR Andy Cecere - Chairman and CEO John Stern - CFO Gunj...
U.S. Bancorp Reports Third Quarter 2024 Results
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp Reports Third Quarter 2024 Results.
I Remain Cautious About U.S. Bancorp Ahead Of Earnings
U.S. Bancorp will report third quarter results on Wednesday and we can expect similar results as in the second quarter. While results are still solid, we see earnings per share constantly decline in t...
U.S. Bancorp: I'm Buying This Undervalued Stock That Just Raised Its Dividend
U.S. Bancorp offers an attractive value proposition, trading below historical valuation with a forward P/E of 12.0 and a solid 4.3% dividend yield. USB's strong risk management, steady loan and deposi...
U.S. Bancorp Announces Third Quarter Earnings Conference Call Details
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp Announces Third Quarter Earnings Conference Call Details.
Dividends Don't (Usually) Lie
September 30, 2024 (Maple Hill Syndicate) – Geraldine Weiss, who died two years ago at age 96, was a successful investment newsletter writer at a time when few women were prominent in finance. She wro...
USB Devices Market is Expected to Reach USD 79.41 Billion by 2032, Driven by the Rising Demand for Improved Connectivity Solutions
The rise of remote work and content creation is driving the demand for versatile USB devices, including hubs and docking stations, to enhance connectivity. The rise of remote work and content creation...
13 Upcoming Dividend Increases Including 2 Kings
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Why Matrix CIO is chasing Becton Dickinson and US Bancorp
David Katz, chief investment officer at Matrix Asset Advisors, joins 'The Exchange' to discuss his picks in the markets, how to position for the future, and more.
Why I Am Buying U.S. Bancorp Despite Lower Interest Rate Expectations
The article explains why investing in banks in a declining interest rate environment isn't a bad idea. U.S. Bancorp should do very well in the currently expected environment, for a number of reasons d...
U.S. Bancorp: Share Repurchase Plan, Dovish Fed Give Compelling Arguments To Buy
U.S. Bancorp set to increase the share of income distributed to shareholders to around 75%. USB's net interest income might be near an inflection point, as it grew by 0.9% q/q in Q2. Rate cuts could a...