Date | Price Target | Rating | Analyst |
---|---|---|---|
6/27/2024 | $43.50 | Overweight → Neutral | JP Morgan |
4/18/2024 | $52.00 → $45.00 | Outperform → Mkt Perform | Keefe Bruyette |
3/28/2024 | $47.00 → $53.00 | Hold → Buy | HSBC Securities |
3/22/2024 | $46.00 → $49.00 | Neutral → Buy | Compass Point |
12/20/2023 | Overweight → Equal-Weight | Stephens | |
12/15/2023 | $52.00 | Outperform → Neutral | Robert W. Baird |
12/14/2023 | Hold → Buy | Odeon | |
9/7/2023 | $30.00 | Hold | HSBC Securities |
JP Morgan downgraded U.S. Bancorp from Overweight to Neutral and set a new price target of $43.50
Keefe Bruyette downgraded U.S. Bancorp from Outperform to Mkt Perform and set a new price target of $45.00 from $52.00 previously
HSBC Securities upgraded U.S. Bancorp from Hold to Buy and set a new price target of $53.00 from $47.00 previously
The Board of Directors of U.S. Bancorp (NYSE:USB) has authorized a share repurchase program for up to $5 billion of the company's outstanding common stock beginning September 13, 2024. The company intends to begin repurchasing shares by early 2025. It also declared a regular quarterly dividend of $0.50 per common share, payable October 15, 2024, to stockholders of record at the close of business on September 30, 2024. This is an increase of 2 percent over the prior quarter. At this quarterly dividend rate, the annual dividend is equivalent to $2.00 per common share. U.S. Bancorp will utilize the share repurchase program at its discretion as it continues to monitor the economic environment
Delivers the new online checkout solution to anyone looking to check out with Paze All U.S. Bank clients with eligible credit and debit cards now have access to Paze℠, a new online checkout solution that makes online shopping more convenient. Paze is an easy checkout experience with no manual card entry, no new Paze password to remember* and no need to download third-party applications. U.S. Bank is offering special promotions to cardholders to encourage them to use Paze. The company also offers a variety of options for businesses to easily accept Paze transactions through a seamless integration with Elavon's Converge Payment Gateway for e-commerce. "Paze is a great example of how U.S. B
Bank Smartly products offer up to 4% cash back on card purchases and up to 4.10% APY on savings with qualifying balances of $100,000 or more. U.S. Bank is introducing two new U.S. Bank Smartly® products designed to work together to maximize credit card rewards while also helping clients earn more on their savings balances. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240904863280/en/U.S. Bank is introducing U.S. Bank Smartly™ Visa Signature® Card and U.S. Bank Smartly® Savings, two new U.S. Bank Smartly® products designed to work together to maximize credit card rewards while also helping clients earn more on their savings b
8-K - US BANCORP \DE\ (0000036104) (Filer)
8-K - US BANCORP \DE\ (0000036104) (Filer)
8-K - US BANCORP \DE\ (0000036104) (Filer)
In a recent analyst note by Goldman Sachs, the outlook for several regional banks were evaluated based on their recent second-quarter 2024 earnings reports. Among the banks examined included KeyCorp (NYSE:KEY), M&T Bank Corp (NYSE:MTB), Regions Financial Corp (NYSE:RF), Truist Financial Corp (NYSE:TFC), U.S. Bancorp (NYSE:USB) and Zions Bancorporation NA (NASDAQ:ZION). Lead analyst Ryan Nash and team highlighted key metrics, growth projections and credit performances, offering a comprehensive analysis of each bank’s standing and market outlook. KeyCorp KeyCorp’s second-quarter 2024 EPS results were mixed. The bank saw a slight beat on fees and managed lower expenses, which offset a
Wells Fargo analyst Mike Mayo maintains U.S. Bancorp (NYSE:USB) with a Overweight and raises the price target from $48 to $52.
Citigroup analyst Keith Horowitz maintains U.S. Bancorp (NYSE:USB) with a Neutral and raises the price target from $45 to $49.
4 - US BANCORP \DE\ (0000036104) (Issuer)
3 - US BANCORP \DE\ (0000036104) (Issuer)
4 - US BANCORP \DE\ (0000036104) (Issuer)
4 - US BANCORP \DE\ (0000036104) (Issuer)
4 - US BANCORP \DE\ (0000036104) (Issuer)
4 - US BANCORP \DE\ (0000036104) (Issuer)
The Board of Directors of U.S. Bancorp (NYSE:USB) has authorized a share repurchase program for up to $5 billion of the company's outstanding common stock beginning September 13, 2024. The company intends to begin repurchasing shares by early 2025. It also declared a regular quarterly dividend of $0.50 per common share, payable October 15, 2024, to stockholders of record at the close of business on September 30, 2024. This is an increase of 2 percent over the prior quarter. At this quarterly dividend rate, the annual dividend is equivalent to $2.00 per common share. U.S. Bancorp will utilize the share repurchase program at its discretion as it continues to monitor the economic environment
Acquisition further expands bank's focus on healthcare industry U.S. Bank, lead bank of U.S. Bancorp (NYSE:USB), has acquired Salucro Healthcare Solutions LLC. The Tempe, Arizona-based company provides healthcare financial technology, focused on patient payments and billing. Founded in 2004, Salucro is a market leader in providing online billing and payments offerings for healthcare providers across the United States. Salucro had previously been a partner of Elavon, the merchant acquiring unit within U.S. Bank. U.S. Bank initially invested in Salucro in 2022, and Salucro's platform is sold through Elavon as MedEpay. "U.S. Bank is a leader in providing banking and payments services to
U.S. Bancorp reported its second quarter 2024 results today. The earnings release, earnings supplement and slide presentation can be accessed online at ir.usbank.com/investor-relations/financial-information. At 7 a.m. Central Time, Chairman and Chief Executive Officer Andy Cecere and Senior Executive Vice President and Chief Financial Officer John Stern will host a conference call to review the financial results. The conference call will be available online or by telephone. To access the webcast and presentation, visit U.S. Bancorp's website at usbank.com and click on "About Us," "Investor Relations" and "Webcasts & Presentations." To access the conference call from locations within the U
SC 13G/A - US BANCORP \DE\ (0000036104) (Subject)
SC 13G/A - US BANCORP \DE\ (0000036104) (Subject)
SC 13G/A - US BANCORP \DE\ (0000036104) (Subject)
Southern California Bancorp (the "Company") (OTC:BCAL), the holding company for Bank of Southern California, N.A. (the "Bank"), announces that the Board of Directors has appointed Executive Chairman David I. Rainer to succeed Nathan Rogge as the President and CEO of the Company and the Bank, effective immediately. "The board and I are confident that David's extensive banking experience and success in Southern California banking make him an ideal choice for President and CEO to continue the implementation of the Bank's commercial banking strategy," said John Farkash, Chairman Emeritus of Southern California Bancorp and Bank of Southern California. "On behalf of the board and the entire comp