|Bid||0.00 x 1000|
|Ask||0.00 x 1300|
|Day's range||50.58 - 51.20|
|52-week range||48.49 - 58.50|
|PE ratio (TTM)||14.53|
|Earnings date||18 Jul 2018|
|Forward dividend & yield||1.20 (2.36%)|
|1y target est||57.76|
Fake account findings and dismal trading outlook for Q2 more than offset positive developments related to interest rate hike.
NEW YORK, June 11, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Oasis ...
Bank of America Corporation (BAC) and U.S. Bancorp (USB) reported first-quarter earnings results on Apr 16 and Apr 18, respectively.
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.
Wells Fargo, Kroger, Intel, Tesla, CBS and Fox are the companies to watch.
Citigroup’s (C) balance sheet expansion continued in 1Q18 helped by deposits, growth in assets under management, and credit card lending partially offset by the disposal of legacy assets and repurchases. The bank is targeting higher ROE (return on equity) by improving operating performance and engaging in buybacks. Its return on average equity rose to 9.7% in 1Q18 from 7.4% in 1Q17 mainly due to higher revenues, lower credit costs, and lower taxes.
US banks (XLF) have seen subdued credit offtake amid rising interest rates over the past few quarters. Thus, bankers are looking to business outside of the US to expand their lending books, credit card business, and add new assets under management. Europe, the Middle East, and emerging markets have seen strong growth in recent quarters with stable growth in strategic transactions, fundraising, and joint ventures. Citigroup’s (C) Global Consumer Banking segment’s revenue grew 7% to $8.4 billion in 1Q18.
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Pfizer, U.S. Bancorp, Tesla and Celgene
The Federal Reserve’s new proposals to update its stress test will likely lead to lower capital levels for regional U.S. banks, and could result in a ratings downgrade for some, according to a S&P Global Ratings report released Tuesday. Fed officials had said the stress test reform proposal was aimed at making capital regulation more efficient.
Synchrony Financial's (SYF) better-than-expected Q1 earnings impress with solid loan receivable and deposit growth. However, the rising level of loan loss provision poses a risk to the stock.
Investor sentiment remained upbeat on banks' Q1 earnings, with the major players displaying top-line strength on the back of higher rates and improved trading.
BancorpSouth's (BXS) Q1 results reflect rise in revenues and robust loan growth. Yet, worsening of capital position and higher expenses were major drags.
U.S. Bancorp's (USB) Q1 results reflect benefits from rising interest rates and improved lending scenario, along with strong capital position acting as a tailwind.
U.S. Bancorp (USB) reported adjusted earnings per share of 95 cents that surpassed the Zacks Consensus Estimate by a penny, on higher revenues and lower provisions.
Stocks have rallied to start the week and brought the Dow back into the green for the year. Earnings from American Express and Morgan Stanley will be the key events for investors on Wednesday.