Wells Fargo Keeps Their Buy Rating on US Bancorp (USB)
TipRanks (Tue, 7-May 9:09 PM ET)
US Bancorp (USB) Receives a Hold from Piper Sandler
TipRanks (Mon, 6-May 8:28 AM ET)
US Bancorp Executives Present at Barclays Conference
TipRanks (Mon, 6-May 6:42 AM ET)
Gunjan Kedia Promoted to President of US Bancorp and U.S. Bank
TipRanks (Fri, 3-May 2:42 PM ET)
U.S. Bancorp promotes Gunjan Kedia to president
Business Wire (Fri, 3-May 2:30 PM ET)
U.S. Bank Freight Payment Index: Truck freight contraction continues
Business Wire (Wed, 1-May 8:00 AM ET)
U.S. Bancorp to speak at the Barclays Americas Select Franchise Conference 2024
Business Wire (Tue, 30-Apr 9:00 AM ET)
U.S. Bank CFO Survey: Corporate Finance Leaders Tighten Belts Amid Uncertainty
Business Wire (Thu, 25-Apr 6:00 AM ET)
Elavon and FreedomPay to transform payments for hospitality and retail in Europe
Globe Newswire (Wed, 24-Apr 7:01 PM ET)
U.S. Bancorp Reports First Quarter 2024 Results
Business Wire (Wed, 17-Apr 6:45 AM ET)
As a diversified financial-services provider, U.S. Bancorp is one of the nation's largest regional banks, with branches in roughly 26 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.
U.S. Bancorp trades on the NYSE stock market under the symbol USB.
As of May 8, 2024, USB stock price climbed to $41.69 with 7,383,344 million shares trading.
USB has a beta of 1.58, meaning it tends to be more sensitive to market movements. USB has a correlation of 0.36 to the broad based SPY ETF.
USB has a market cap of $65.04 billion. This is considered a Large Cap stock.
Last quarter U.S. Bancorp reported $7 billion in Revenue and $.90 earnings per share. This fell short of revenue expectation by $-25 million and exceeded earnings estimates by $.02.
In the last 3 years, USB stock traded as high as $63.57 and as low as $27.27.
The top ETF exchange traded funds that USB belongs to (by Net Assets): VTI, VOO, SCHD, SPY, IVV.
USB has outperformed the market in the last year with a return of +41.9%, while the SPY ETF gained +27.0%. In the last 3 month period, USB beat the market returning +5.7%, while SPY returned +4.2%. However, in the most recent 2 weeks USB has underperformed the stock market by returning +1.8%, while SPY returned +2.3%.
USB support price is $40.87 and resistance is $42.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that USB stock will trade within this expected range on the day.