26-Apr-2024
Piper Sandler Sticks to Its Hold Rating for US Bancorp (USB)
TipRanks (Fri, 26-Apr 7:46 AM ET)
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U.S. Bancorp Reports First Quarter 2024 Results
Business Wire (Wed, 17-Apr 6:45 AM ET)
Business Wire (Thu, 28-Mar 4:33 PM ET)
U.S. Bancorp Announces First Quarter Earnings Conference Call Details
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U.S. Bancorp announces quarterly dividends
Business Wire (Tue, 12-Mar 4:47 PM ET)
Business Wire (Tue, 5-Mar 11:07 AM ET)
U.S. Bank Named One of the 2024 World's Most Ethical Companies
Business Wire (Mon, 4-Mar 9:34 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 April 26, 2024, USB stock price climbed to $41.12 with 4,043,881 million shares trading.
USB has a beta of 1.70, meaning it tends to be more sensitive to market movements. USB has a correlation of 0.37 to the broad based SPY ETF.
USB has a market cap of $64.15 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 +35.5%, while the SPY ETF gained +26.8%. However, in the most recent history, USB shares have underperformed the stock market with its stock returning -2.8% in the last 3 month period and -1.9% for the last 2 week period, while SPY has returned +4.5% and -1.9%, respectively.
USB support price is $40.28 and resistance is $41.70 (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.