• Banks - Regional
  • Financial Services
U.S. Bancorp logo
U.S. Bancorp
USB · US · NYSE
39.97
USD
+0.73
(1.83%)
Company Overview

U.S. BANCORP,MINNEAPOLIS MN 55402-7020,651-466-3000

CEO

Mr. Andrew J. Cecere

Employess

70000

Sector

Financial Services

Industry

Banks - Regional

Website

https://www.usbank.com

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 in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; lending services, such as traditional credit products; and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, the company offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as investment management, ATM processing, mortgage banking, insurance, and brokerage and leasing services. As of December 31, 2021, the company provided its products and services through a network of 2,230 banking offices principally operating in the Midwest and West regions of the United States, as well as through on-line services, over mobile devices, and other distribution channels; and operated a network of 4,059 ATMs. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Next Earnings Date

Oct. 16, 2024

Ex Dividends date

Jul. 15, 2024

Dividend Date

June 28, 2024

YTD Performance

-8.97%

Fiscal Year End

12-31

IPO Date

1973-05-03

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 3.75% 4.46% 6.45% 15.83%
EPS 0.80% -5.50% 2.24% -11.38%
Equity 3.01% 1.62% 1.37% 8.94%
Cash 21.86% 23.32% -0.74% 14.29%
Return On Capital (ROIC) 6.91% 6.04% 6.52% 4.60%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 11,500 31,200 11,800 11,800 23,700
Long Term Debt 51,500 39,800 32,100 41,300 40,200
LT Finance Leases 1,140 1,280 978 1,000 1,100
Shares Outstanding 1,540 1,490 1,490 1,510 1,580
Market Cap 66,800 64,900 83,600 70,300 93,700
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
Encore Unveils Cutting-Edge USB-C Audio Solutions to Meet Modern Tech Demand
3 months

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 new range features the Cyber Acoustics ACM-6005C Headphones, HamiltonBuhl USB-C Earbuds, and the AVID AE-36 Headphone/Headset with USB-C Plug.

globenewswire.com
The 3 Best Bank Stocks To Buy In July 2024
3 months

The banking sector has a reputation for being a lucrative space for investors. Not only do bank stocks pay out massive dividends and yield impressive returns, but they are also great options for investors looking to build strong portfolios.

investorplace.com
Going Beyond Morningstar's 10 Best Value Stocks List
3 months

Morningstar published 10 Best Value Stocks to Buy for the Long Term, undervalued blue-chip stocks with low price to fair value. Valuation and future return of each stock analyzed, compared to the S&P 500, Bristol-Myers has the highest potential rate of return. In comparison to Morningstar's 10 Best Value Stocks with 10 Best Dividend Stocks, Bristol-Myers stands out as undervalued with a high potential return.

seekingalpha.com
This is how much the largest 20 U.S. banks raised dividends after stress tests
3 months

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 early Monday.

marketwatch.com
Yard Force Introduces the 21W Portable Solar Charger with Dual USB Ports and 13000 mAh Built-in Battery
3 months

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 your USB devices, whether you are indoors or outdoors. This innovative product combines the functionality of a powerful 13000 mAh power bank with high-efficiency solar panels, offering a seamless and eco-friendly solution for all your charging needs. The Yard Force 21W Portable Solar Charger is now a.

businesswire.com
Cramer's Mad Dash: US Bancorp
3 months

CNBC's Jim Cramer delivers his daily Mad Dash.

youtube.com
U.S. Bancorp's (USB) Arm Launches New Cloud Payments Interface
3 months

U.S. Bancorp's (USB) subsidiary, Elavon, launches a new Elavon Cloud Payments Interface API. The API is set to streamline digital and in-person payments for hotels and other hospitality entities.

zacks.com
Elavon Launches New Payments Interface for Hospitality Industry
3 months

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-person payments experience for hotels and other hospitality-related businesses. “Elavon Cloud Payments Interface helps continue digital transformation across the hospitality industry by enhancing guest experiences, streamlining operations and providing real-time safe and secure data synchronization.

businesswire.com
Tap to Pay on iPhone Takes Flight for Elavon, Delta Air Lines
3 months

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 owned subsidiary of U.S. Bank and one of the largest payments processors globally, now offer Tap to Pay on iPhone across all U.S.-based domestic flights, allowing travelers to pay simply and easily with contactless credit cards credit and debit cards, Apple Pay and other digital wallets. With the in.

businesswire.com
U.S. Bancorp announces quarterly dividends
3 months

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp announces quarterly dividends.

businesswire.com
Cyber Acoustics Expands Line of USB-C Headsets for K-12 Schools, Will Be On Display at ISTE 2024
3 months

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 ISTE 2024 in booth #776, including its newest USB-C offering, the AC-4014.

globenewswire.com
U.S. Bancorp Series A Preferred: A Good Source Of Income
3 months

U.S. Bancorp's series A preferred shares still offer the most income compared to other options. The bank has managed the higher interest rate environment well, with net interest income remaining strong despite some easing. While there are risks such as potential loan losses and lower interest rates, U.S. Bancorp's management and liquidity position make it a solid investment choice.

seekingalpha.com