MARKET

USB-PRP

USB-PRP

Us Bancorp
NYSE
23.41
+0.14
+0.60%
Closed 15:54 04/19 EDT
OPEN
23.24
PREV CLOSE
23.27
HIGH
23.49
LOW
23.24
VOLUME
57.56K
TURNOVER
0
52 WEEK HIGH
25.14
52 WEEK LOW
18.47
MARKET CAP
538.43M
P/E (TTM)
7.77
1D
5D
1M
3M
1Y
5Y
US BANCORP <USB.N>: UBS CUTS TARGET PRICE TO $43 FROM $47
Reuters · 19h ago
WRAPUP 2-Wall St sees more pain ahead for US mid-sized lenders after dull Q1
U.S. Mid-sized banks' profits to remain under pressure for most of 2024, analysts say. Regions Financial, Fifth Third Bancorp and others reported smaller first-quarter profits on Friday. Net interest margin contracted across regional lenders for the second straight quarter. High interest rates have stymied loan growth and pushed up deposit costs.
Reuters · 20h ago
Fifth Third Bancorp's quarterly profit falls on lower interest income
Fifth Third Bancorp's quarterly profit falls on lower interest income. Higher deposit costs weighed on the lender's interest income in the first quarter. Regional banks have increased the interest rates they offer on deposit accounts to retain customers. The bank's total average deposits rose 5% to $168.12 billion.
Reuters · 21h ago
U.S. BANCORP <USB.N>: OPPENHEIMER CUTS TARGET PRICE TO $54 FROM $55
Reuters · 1d ago
CORRECTED-BREAKINGVIEWS-Wells Fargo has worn its dunce cap long enough
Wells Fargo was prohibited from getting bigger for a series of flagrant customer abuses. John Foley says the bank has worn its dunce cap long enough. He says the $2 trillion cap on assets is costly to Wells Fargo. The bank missed out on $540 billion of deposit growth, he says.
Reuters · 1d ago
US BANCORP <USB.N>: BOFA GLOBAL RESEARCH REMOVES STOCK FROM ITS US 1 LIST
Reuters · 1d ago
MORNING BID AMERICAS-Recoiling oil and dollar sow calm as tech earnings loom
Reuters · 1d ago
BUZZ-Street View: Investors to adopt 'wait-and-see' approach for U.S. Bancorp's NII
U.S. Bancorp USB.N cut its forecast for full-year interest income and reported a 22% fall in first-quarter profit. Higher deposit costs and a larger corpus of rainy-day funds continue to weigh on the sector. KBW says investors to adopt 'wait-and-see' approach for bank's NII.
Reuters · 1d ago
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About USB-PRP
U.S. Bancorp is a financial service holding company. The Company’s major lines of business are Wealth, Corporate, Commercial and Institutional Banking, Consumer and Business Banking, Payment Services, and Treasury and Corporate Support. The Company provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and ATM processing, and others. Its banking subsidiary, U.S. Bank National Association (USBNA), is engaged in the banking business, principally in domestic markets. USBNA provides a range of products and services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions. Its non-banking subsidiaries offer investment and insurance products to the Company’s customers principally within its domestic markets, and fund administration services to a range of mutual and other funds.

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