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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

Impact Capital Program Provides Funding to Developers, Fulfills Promises

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U.S. Bank's Impact Finance Program Expands Across the U.S., Aiding First-Time Developers of Color - Stock Ticker: USB
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eMentor Program Helps Students Prepare for College and Careers

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U.S. Bank (UBS) employees assist high school and college-aged students with personal finance lessons through virtual mentoring program
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Helping Homebuyers in Today’s Market

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U.S. Bank (USB) is a top 10 mortgage loan originator in the U.S. by volume, helping individuals and families achieve homeownership. Fred Bolstad, overseeing retail home lending, discusses the impact of market conditions on homebuyers and how U.S. Bank is helping them navigate the housing market.
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U.S. Bancorp announces quarterly dividends

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U.S. Bancorp (NYSE: USB) declares regular quarterly dividend of $0.49 per common share, equivalent to $1.96 annually. Dividends on various series of preferred stock also declared.
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New Academy Aims To Be a Hub for Change, Opportunity on Chicago’s Southwest Side

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U.S. Bancorp (USB) supports the Academy for Global Citizenship and neighborhood revitalization at a former public housing site. The company's investments have contributed to the development of a sustainable, community-centered school and campus in Chicago. The new 72,000-square-foot building consolidates two other locations in the neighborhood and is designed with sustainability in mind. It serves as a hub for the community and marks the first phase of development at the former LeClaire Courts public housing site.
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A New Purpose for a Hidden Treasure Uncovered at a U.S. Bank Building

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U.S. Bank (USB) Donates 1980s Model A Replica to Camp Courageous - PR Summary
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Banker Leads Volunteers Who Crochet Disney-Themed Wigs for Child Cancer Patients

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U.S. Bank (USB) employee Shelly Allen helps oversee the donation of thousands of princess- and superhero-themed wigs and character beanies each year through the Magic Yarn Project. The project aims to provide wigs to children with cancer, bringing them joy and comfort during their treatments. Shelly Allen, a senior portfolio manager in the mutual-fund lending division at U.S. Bank, has been involved with the Magic Yarn Project since 2016 and now oversees hundreds of volunteers across the U.S. and Canada.
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U.S. Bancorp to speak at the Goldman Sachs Financial Services Conference

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U.S. Bancorp (NYSE: USB) President, Chairman, and CEO Andy Cecere and CFO John Stern will present at the Goldman Sachs Financial Services Conference on December 6. The live webcast will be available on the U.S. Bank Investor Relations website.
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Bank Investing in San Francisco’s Tenderloin Community

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TNDC is rehabilitating the historic Ambassador Hotel in San Francisco, housing 134 low-income individuals. U.S. Bank's Impact Finance invested $67 million in LIHTC and provided a $71 million construction loan for the project. The rehab includes structural upgrades and is expected to be completed in 2024.
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Environmental Finance Grant Funding Infuses Growth in Two Organizations

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U.S. Bank (USB) awarded $110,000 grants to the Alliance for Tribal Clean Energy and WeSolar, supporting their clean energy initiatives. The Alliance focuses on aiding Native American tribes in transitioning to clean and regenerative energy, while WeSolar aims to provide under-resourced communities access to local community solar and improve energy efficiency. The grants will enable these organizations to expand their impact in the clean energy sector, fostering environmental and socioeconomic benefits.
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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%
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