|Bid||54.85 x 1000|
|Ask||55.50 x 1000|
|Day's range||54.90 - 55.56|
|52-week range||48.49 - 58.50|
|PE ratio (TTM)||14.39|
|Earnings date||17 Oct 2018|
|Forward dividend & yield||1.20 (2.22%)|
|1y target est||57.50|
Investor sentiment upbeat on expectation of interest rate hike this month along with strong domestic economic growth and a steady labor market.
The major stock indexes closed mixed Wednesday, with the Nasdaq dropping while the Dow Jones industrial average led the market.
U.S. Bancorp (USB) can be added to your portfolio now, backed by its robust fundamentals and long-term growth opportunities.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does U.S. Bancorp (USB) have what it takes? Let's find out.
The Zacks Analyst Blog Highlights: Chevron, U.S. Bancorp, Kraft Heinz, General Mills and Workday
Wells Fargo (WFC) stock has underperformed the banking industry YTD (year-to-date). WFC stock has lost 3.3% of its value YTD, underperforming the 1.2% gain of the Financial Select Sector SPDR ETF (XLF). XLF tracks an index of S&P 500 financial stocks.
Indications of interest rate hike on the back of strong economy and business restructuring efforts by banks remain in focus.
Improving credit quality as a result of post-recession recovery has led to a strong growth environment for financial institutions. Large banks such as US Bancorp (NYSE:USB), with a market capitalisationRead More...
Investing in Citigroup Stock: Do Investors Think It Makes Sense? In late June, Citigroup (C) increased its dividend rate to $0.45 from $0.32 and initiated a share repurchase program worth $17.6 billion. In 2017, it returned $17.1 billion to its shareholders through dividend payments and share buybacks.
U.S. Bancorp (USB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
U.S. Bancorp this week was the latest to say it will build a nationally available checking-account product as lenders introduce mobile offerings that let consumers do their full banking without a branch. The move follows similar announcements by some of the country’s largest banks including JPMorgan Chase & Co., Citigroup Inc. and PNC Financial Services Group Inc. “All banks are in a push to monetize their digital capabilities,” said Bryce VanDiver, a consultant to financial institutions with CapCo.
Investor sentiment upbeat on banks' Q2 earnings, with the major players displaying top-line strength on the back of higher rates and improved trading.
Morgan Stanley (MS) is trading higher today, after reporting second-quarter earnings. The bank earned $1.30 a share on revenue of $10.61 billion, while analysts were looking for EPS of $1.10 on revenue of $10.05 billion. It wasn't the only bank out with earnings this morning: U.S. Bancorp (USB) said it earned $1.02 a share in the second quarter, two cents ahead of expectations, on revenue of $5.64 billion, which matched consensus estimates. Keefe, Bruyette & Woods' Brian Kleinhanzl reiterated an Outperform rating on Morgan Stanley today and a $59 price target.
Morgan Stanley, U.S. Bank and Abbott all beat expectations, but new Housing Starts and Permits numbers were far below expectations.
U.S. Bancorp's (USB) second-quarter 2018 results reflect easing margin pressure, along with solid growth in loans and deposit balances.