USB Stock Recent News

MINNEAPOLIS--(BUSINESS WIRE)--For 161 years, U.S. Bank and its clients have walked hand-in-hand together at the center of life's financial milestones, both big and small. And today, the financial institution launched a new campaign, “The Power of Us,” highlighting that very connection to daily life and the relationship between its clients, its people and its products. The campaign is centered around a brand film and three subsequent spots that tell the stories of what U.S. Bank, its employees a.

LOS ANGELES--(BUSINESS WIRE)--For the fourth consecutive year U.S. Bank has received the highest score in California in the J.D. Power 2024 U.S. Retail Banking Satisfaction Study of clients' satisfaction with their primary bank. The U.S. Retail Banking Satisfaction Study, now in its 19th year, measures satisfaction across seven dimensions: trust; people; account offerings; allowing customers to bank how and when they want; saving time and money; digital channels; and resolving problems or compl.

U.S. Bancorp (NYSE:USB ) Barclays Americas Select Franchise Conference 2024 May 7, 2024 5:00 AM ET Company Participants Terry Dolan - Vice Chair and Chief Administration Officer John Stern - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Jason Goldberg - Barclays Jason Goldberg Welcome. I'm Jason Goldberg, and I cover the U.S. large cap bank stocks here at Barclays.

U.S. Bancorp said in its latest earnings report that consumers are continuing to boost their credit card loans – and though charge-offs have increased, credit quality has remained strong. Credit card loans in the quarter were $28 billion, adding more than 9% year over year, the parent company of U.S. Bank said Wednesday (April 17).

U.S. Bancorp is forecasting a decline in net interest income for this year.  In announcing its earnings Wednesday (April 17), the lender said it anticipates net interest income (NII) of $16.1 billion to $16.4 billion, down from earlier projection of at least $16.6 billion for the year.

A Boeing (BA) whistleblower claims that the 787 Dreamliner is unsafe to fly. ASML (ASML) falls after missing 1Q earnings and issuing 2Q guidance.

U.S. Bancorp's (USB) Q1 earnings gain from a rise in fee income and lower expenses. However, a fall in NII and a rise in provisions act as headwinds.

U.S. Bancorp (USB) shares dipped Wednesday as the regional bank posted lower first-quarter revenue, increased its provision for credit losses, and cut its guidance.

While the top- and bottom-line numbers for U.S. Bancorp (USB) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

U.S. Bancorp (USB) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $1.16 per share a year ago.