|Bid||52.02 x 2900|
|Ask||52.04 x 800|
|Day's Range||51.89 - 52.50|
|52 Week Range||43.14 - 55.56|
|Beta (3Y Monthly)||1.26|
|PE Ratio (TTM)||12.54|
|Earnings Date||Jul 17, 2019|
|Forward Dividend & Yield||1.48 (2.83%)|
|1y Target Est||55.23|
Inworks, a full-service AP automation company, and U.S. Bank are working together to help hospitals and healthcare systems improve processing payments to suppliers, physicians, insurance companies and patients. This collaboration will deliver financial technology that simplifies business-to-business healthcare payments, creating new efficiencies and improving access to working capital for hospitals and healthcare companies. The alliance brings together Inworks’ Intelligent Pay platform with U.S. Bank Virtual Pay Visa card payments to offer healthcare organizations a premier technology platform specifically designed for healthcare payments, and banking expertise from one of the nation’s leading and most trusted financial services institutions.
U.S. Bancorp (USB) (“the Company”) today disclosed the results of its company-run Dodd-Frank Act Stress Test (“DFAST”) conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act. The DFAST results, along with a summary of the Company’s risks and methodologies used to calculate the results, are available on the Company’s website at www.usbank.com under About Us, Investor Relations, Financial Information, Dodd-Frank Act Stress Test Results. DFAST results for U.S. Bancorp’s primary banking subsidiary, U.S. Bank National Association, are also available on the Company’s website.
U.S. Bancorp will be recognized by the Women’s Forum of New York at its Breakfast of Corporate Champions on November 7 for achieving at least 30 percent female board representation. This benchmark biennial event brings together more than 600 thought leaders and change-makers, including CEOs, Board Directors and government officials, in support of one shared goal – achieving 50/50 gender parity in the boardroom by 2025.
Ryan Cos. US Inc. plans to demolish a U.S. Bank corporate building in Edina and replace it with 200 apartments, a new bank branch and retail space.
The Board of Directors of U.S. Bancorp has declared a regular quarterly dividend of $0.37 per common share, payable July 15, 2019, to stockholders of record at the close of business on June 28, 2019.
U.S. Bancorp NYSE:USBView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for USB with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting USB. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding USB are favorable, with net inflows of $10.52 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. USB credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Charlotte, North Carolina is the focal point of a brewing war between the big banks, as BB&T and SunTrust merge and giants Chase and U.S. Bank move in.
Through its Community Possible giving and engagement platform, focused on the areas of Work, Home and Play, U.S. Bank kicks-off its 2019 grant making with $6 million in Play investments to fund recreational spaces, arts and culture initiatives. Last year, U.S. Bank invested $25 million in total corporate contributions and grants to fund Play in the communities it serves. “Play is not something most people would associate with a financial institution,” said Kate Quinn, Vice Chairman and Chief Administrative Officer for U.S. Bank.
U.S. Bancorp Investments today shared the results of a recent national survey** of consumers that examined their investing perceptions with results showing a need for greater awareness of accessible investing options. Among key findings, more than half of respondents (54 percent) indicated they wanted to invest or make changes to their investments but didn’t know how, and nearly three out of four (72%) replied that they didn’t believe they had the time or the money to spend on professional advice. From investors who are just beginning to experienced investors, we want everyone to have access to the online investing tools they need to pursue their financial goals while also saving valuable time and money,” said Mark Jordahl, president of U.S. Bank Wealth Management.
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Hedge funds run by legendary names like George Soros and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you’ve got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the […]
If you're a U.S. Bank customer, there's a good chance you hold Ankit Bhatt's handiwork in your hands every day. Bhatt, senior vice president of Omnichannel Experience for U.S. Bank, was tasked with overseeing the company's new mobile banking app. He and his team released the app in early April, less than a year after starting the project and at a time when the Minneapolis-based bank is focused on mobile and technological capabilities. Bhatt's work was so successful he was just named Digital Banker of the Year in June by American Banker. U.S. Bank's new app provides users with more real-time analytics on spending, cashflow and trends.
Elavon, a leading global payments provider, and Regions Bank have agreed to extend their long-standing relationship to continue offering innovative and secure payment solutions to Regions’ business customers. Since 1992, Elavon and Regions have grown together to be one of the leading merchant services providers in the Southeast. This partnership brings expanded capabilities to customers of Regions Bank including the latest point-of-sale products, omni-commerce platforms and security solutions.
Editor's note: This Q&A is part of a series for Pride month examining how Denver companies are using a combination of workplace policies and public outreach to support the LGBTQ community. Ultimately, however, the most important work these companies will do in support of the LGBTQ community will occur on a daily basis behind closed doors, in boardrooms where company policies are crafted and in office spaces where diverse groups of employees will rely upon company culture and initiatives to feel safe, included and supported in their place of work. Denver Business Journal spoke with companies both large and small to help answer this essential question: What should companies do, and what are they currently doing, to support the LGBTQ community?
U.S. Bancorp Community Development Entity, LLC (USBCDE), the community development arm of U.S. Bank, received $70 million in tax credit allocations from the U.S. Department of Treasury to help address persistent gaps in economic outcomes in lower-income communities. The $70 million allocation is part of the $3.5 billion New Market Tax Credit (NMTC) Program from the Treasury.
Moody's has not assigned ratings to the GBP [ ] Class Z Notes due April 2057. The Notes are backed by a static portfolio of UK non-conforming residential mortgage loans originated by Pepper (UK) Limited (not rated).
U.S. Bancorp (USB) announced today that Chairman, President and Chief Executive Officer Andy Cecere along with Vice Chairman and Chief Financial Officer Terry Dolan will present at the Morgan Stanley Financials Conference at 10:15 a.m. EDT on Wednesday, June 12, in New York City. A live audio-webcast of the session will be available through U.S. Bancorp's website at usbank.com by clicking on “About Us,” “Investor Relations” and “Webcasts & Presentations.” A replay of the webcast will be available for 90 days after the live event at the same location. U.S. Bancorp, with 74,000 employees and $476 billion in assets as of March 31, 2019, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States.
U.S. Bancorp (USB) will release its second quarter 2019 earnings results before the market opens on Wednesday, July 17. At 8:30 a.m. CDT, Chairman, President and CEO Andy Cecere along with Vice Chairman and Chief Financial Officer Terry Dolan will host a conference call to review the financial results. The conference call will be available online or by telephone.
Ankit Bhatt of U.S. Bank was named Digital Banker of the Year today by American Banker. The publication noted numerous factors in determining the award, including many positive leadership traits, a score of achievements and an ability to successfully build products that put customers first.
Banking giants are battling it out in Charlotte, North Carolina to build branches in the city. Yahoo Finance's Alexis Christoforous and Brian Sozzi speak to Brian Cheung.