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U.S. Bancorp - USB STOCK NEWS

Welcome to our dedicated page for U.S. Bancorp news (Ticker: USB), a resource for investors and traders seeking the latest updates and insights on U.S. Bancorp stock.

U.S. Bancorp (symbol: USB) is a diversified financial services provider and one of the largest regional banks in the United States. With a strong presence in 26 states, primarily in the Western and Midwestern U.S., U.S. Bancorp offers a comprehensive range of banking services. These include retail banking, commercial banking, trust and wealth management services, credit cards, mortgages, and various payment solutions.

A commitment to putting people first and making ethical decisions is at the heart of U.S. Bancorp's operations, earning recognition as one of the World's Most Ethical Companies by Ethisphere in 2017. With over 4,800 ATMs and 3,088 branch locations, along with 24-hour phone support and advanced mobile and online banking platforms, U.S. Bancorp ensures convenient access to accounts and financial services for their customers.

In recent developments, U.S. Bancorp has been involved in significant community projects. One notable achievement is the financing of a substantial affordable housing and commercial space project in Los Angeles' Little Tokyo. This development will offer 248 units of affordable housing and 40,000 square feet of commercial space dedicated to minority-owned businesses. Additionally, U.S. Bancorp has supported this community with $466,000 through charitable giving since 2009.

U.S. Bancorp also celebrates its employees' achievements and contributions. During Women's History Month, they highlighted trailblazing women within the organization, such as Jody Clark, Senior Vice President in the IAS Division, who has significantly contributed to the growth and development of the bank’s investment advisory services.

Another initiative by U.S. Bancorp is the Access Home program, which trains bilingual employees to become mortgage loan officers, helping to serve underbanked communities, particularly the Hispanic community. This initiative is part of the broader U.S. Bank Access Commitment® aimed at closing the wealth gap for underserved communities.

Financial stability and community support remain central to U.S. Bancorp's mission, making it a reliable partner for both personal and business banking needs. Equal housing lender and member of FDIC, U.S. Bancorp continues to uphold its ethical standards while driving financial and social progress.

News

Pausing to Raise Family Doesn't Stop Ascent to Senior Vice President

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U.S. Bank celebrates Jody Clark, a trailblazing woman in the bank's IAS division within Global Fund Services, highlighting her career growth, leadership, and success. Clark's journey from a teller to a senior vice president showcases her dedication, entrepreneurial mindset, and commitment to building strong relationships within the company. She emphasizes transparency, consistency, and trust in her interactions with advisors and colleagues, offering valuable advice for women starting their careers.
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U.S. Bank Ranks #1 in Investor Satisfaction with Full-Service Wealth Management Firms in 2024 J.D. Power Study

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U.S. Bank secures the top spot in overall customer satisfaction for Wealth Management in the J.D. Power 2024 U.S. Full-Service Investor Satisfaction Study. The bank excels in five dimensions, including trust, digital channels, product offerings, client autonomy, and issue resolution.
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Meet the ‘Air Traffic Controller’ for U.S. Bank Wealth Management

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U.S. Bank celebrates Kim Ferguson, highlighting her role as the chief administrative officer and strategic initiatives leader for wealth management. Ferguson's expertise and dedication to empowering women and serving her community shine through her various roles and philanthropic efforts.
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U.S. Bancorp Announces First Quarter Earnings Conference Call Details

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U.S. Bancorp (USB) will announce its Q1 2024 earnings on April 17, 2024. The conference call hosted by top executives will review the financial results.
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U.S. Bancorp announces quarterly dividends

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U.S. Bancorp (NYSE: USB) announces regular quarterly dividends for common and preferred stockholders, with a total annual dividend of $1.96 per common share.
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Bank Expanding Program Designed To Help Underserved Small Businesses Grow

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U.S. Bank is expanding its Business Access Advisor program to help underserved communities gain access to capital and financial resources. The program has been successful in assisting minority-owned businesses and is now doubling the number of advisors to 18 and expanding to six new states, including California. The bank's focus on economic inclusion and partnership with Community Development Financial Institutions aims to bridge the finance gap and empower communities.
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Spanish Smart Assistant Is Increasing Access and Empowering Clients

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U.S. Bank introduces Asistente Inteligente, the first Spanish-language voice assistant for banking, enabling Spanish-speaking clients to bank digitally in their preferred language. Since its launch in April 2022, more than half of Spanish-preferring clients have used it, with over 45% adoption in the past year alone. The assistant offers features like balance checks, money transfers, credit score tracking, card management, and more, all accessible through voice commands or text. The project team ensured accurate translation and language usage by including native Spanish speakers and Hispanic employees in testing, providing a seamless banking experience for Spanish-speaking customers.
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Update Regarding U.S. Bancorp Presentation at the RBC Capital Markets Global Financial Institutions Conference

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U.S. Bancorp (NYSE: USB) faced a temporary disruption in the live audio webcast of their presentation at the RBC Capital Markets Global Financial Institutions Conference due to a vendor error. The full replay version is now accessible on their Investor Relations website.
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Payments Leader Kristy Carstensen Named ‘Most Influential’ by American Banker

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Kristy Carstensen, Chief Administrative Officer of U.S. Bank Payment Services, has been named to American Banker's Most Influential Women in Payments list for the fifth time. She highlights the rapid innovation and increasing adoption in the payments industry, emphasizing the need for security and fraud prevention. U.S. Bank Payment Services, comprising three revenue-generating lines of business, contributed significantly to the bank's revenue in 2023.
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U.S. Bank Named One of the 2024 World’s Most Ethical Companies

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U.S. Bank has been recognized by the Ethisphere Institute as one of the World’s Most Ethical Companies for the 10th consecutive year. The bank is among 136 honorees across 20 countries and 44 industries. U.S. Bank outperformed a global index by 12.3% from 2019 to 2024. The assessment is based on Ethisphere's Ethics Quotient®, focusing on ethics, ESG practices, compliance programs, diversity, and value chain initiatives.
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FAQ

What is the current stock price of U.S. Bancorp (USB)?

The current stock price of U.S. Bancorp (USB) is $52.49 as of November 22, 2024.

What is the market cap of U.S. Bancorp (USB)?

The market cap of U.S. Bancorp (USB) is approximately 82.0B.

What services does U.S. Bancorp offer?

U.S. Bancorp offers retail banking, commercial banking, trust and wealth management services, credit cards, mortgages, and various payment solutions.

How many branches and ATMs does U.S. Bancorp have?

U.S. Bancorp has over 4,800 ATMs and 3,088 branch locations across 26 states in the U.S.

What recent projects has U.S. Bancorp been involved in?

U.S. Bancorp financed a major affordable housing and commercial space project in Los Angeles' Little Tokyo, providing 248 units of affordable housing and 40,000 square feet of commercial space.

How does U.S. Bancorp support underserved communities?

Through initiatives like Access Home, which trains bilingual employees as mortgage loan officers, and charitable contributions, U.S. Bancorp aims to close the wealth gap for underserved communities.

What recognition has U.S. Bancorp received for its ethical practices?

U.S. Bancorp was named one of the World's Most Ethical Companies by Ethisphere in 2017.

Who is Jody Clark and what is her role at U.S. Bancorp?

Jody Clark is the Senior Vice President in U.S. Bancorp's IAS Division within Global Fund Services, where she oversees business development, relationship management, and sales support.

What is U.S. Bancorp's commitment to ethical banking?

U.S. Bancorp is dedicated to ethical decision-making and putting people first, which is central to their operations and community involvement.

What products are offered by Amapola Markets, a U.S. Bancorp client?

Amapola Markets offer Latin American food products, including fresh masa, natural juices, salsas, and more. They are the region's largest producer of fresh masa.

What is the Access Home initiative?

The Access Home initiative trains bilingual employees to become mortgage loan officers to better serve the Hispanic community and help increase homeownership.

How does U.S. Bancorp ensure customer convenience?

With a network of branches, ATMs, 24-hour phone support, and advanced mobile and online banking, U.S. Bancorp provides easy access to financial services.

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U.S. Bancorp

NYSE:USB

USB Rankings

#170 Ranked by Market Cap
#783 Ranked by Dividends

USB Stock Data

82.01B
1.56B
0.14%
79.87%
1.18%
Banks - Regional
National Commercial Banks
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United States of America
MINNEAPOLIS