U.S. Bancorp (USB)
| Market Cap | 70.94B |
| Revenue (ttm) | 25.16B |
| Net Income (ttm) | 4.67B |
| Shares Out | 1.56B |
| EPS (ttm) | 3.01 |
| PE Ratio | 15.10 |
| Forward PE | 11.63 |
| Dividend | $1.96 (4.31%) |
| Ex-Dividend Date | Jun 28, 2024 |
| Volume | 4,499,495 |
| Open | 45.19 |
| Previous Close | 45.09 |
| Day's Range | 45.06 - 45.66 |
| 52-Week Range | 30.47 - 45.85 |
| Beta | 1.06 |
| Analysts | Buy |
| Price Target | 47.62 (+4.75%) |
| 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 $47.62, which is an increase of 4.75% from the latest price.
News
UBS Advisor Team The Rosegarten/Rubin Financial Group Named to Forbes Best-In-State Wealth Management Teams List
NEW YORK--(BUSINESS WIRE)--UBS Wealth Management USA announced today that The Rosegarten/Rubin Financial Group, an advisor team in the firm's 299 Park Avenue office, has been named to the Forbes Best-...
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The Global Market for Wireless USB (WUSB) Devices 2024-2030 - Rising Levels of Remote Work Spurs Demand for Clutter-Free Home Office Setups
Dublin, July 22, 2024 (GLOBE NEWSWIRE) -- The "Wireless USB (WUSB) Devices - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Wireles...
U.S. Bancorp Stock Pops on Q2 Earnings Beat
U.S. Bancorp (USB) shares surged in intraday trading Wednesday after the bank holding company's second-quarter results beat analysts' expectations on the top and bottom lines.
US Bancorp: Credit Card Volumes Surge, Loan Delinquencies Stabilize
Bank earnings continue to show credit remains a key payments choice. U.S. Bancorp's earnings, released Wednesday (July 17) indicated that within the company's payment services segment, credit card pay...
U.S. Bancorp, Citizens Financial shares rise as positive bank sentiment continues
Upbeat sentiment toward bank stocks continued Wednesday as U.S. Bancorp and Citizens Financial Group Inc. both rose on mostly positive quarterly results.
US banks see high deposit costs, investment banking boost
U.S. lenders' second-quarter profits were squeezed by dampening loan demand and the high interest they paid to hold on to deposits, but a flurry of bond sales boosted their investment banking units.
U.S. Bancorp's adjusted profit falls as deposit costs hurt interest income
U.S. Bancorp's adjusted profit fell about 10% in the second quarter on Wednesday, hurt by a decline in interest income due to higher deposit costs and muted loan demand.
U.S. Bancorp Reports Second Quarter 2024 Results
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp Reports Second Quarter 2024 Results.
Aleem Gillani joins U.S. Bancorp Board of Directors
MINNEAPOLIS--(BUSINESS WIRE)--Aleem Gillani joins U.S. Bancorp Board of Directors.
Innocn Redefines Viewing Experience with 4K Monitors Featuring USB Type-C Connectivity
SHENZHEN CHINA, July 16, 2024 (GLOBE NEWSWIRE) -- July 16, 2024 - In the rapidly evolving tech landscape, Shenzhen Century Joint Innovation Technology Company Limited (INNOCN) stands out with its late...
INNOCN Offers a Special Prime Day Price on the 32-inch 4K Laptop USB C Display
SHENZHEN, CHINA, July 14, 2024 (GLOBE NEWSWIRE) -- July 14,2024 – With great pleasure, INNOCN announces a special Prime Day offer on its highly regarded 32-inch 4K laptop USB C monitor. Customers can ...
OptConnect Launches the World's First Smart USB Modem
KAYSVILLE, Utah--(BUSINESS WIRE)--OptConnect, an industry leader in managed wireless solutions, today announced the launch of ema:USB, the first smart USB modem. The ema:USB enables customers to integ...
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...