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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.

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Beth Ann Bovino, Chief Economist at U.S. Bank, brings extensive experience in macroeconomic and financial analysis to forecast the U.S. economy for the months and years ahead. Originally published on the U.S. Bank company blog, Bovino's journey from the Great Recession of 2008 to her current role is a testament to her dedication and expertise in the field.
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The U.S. Bank Student Scholarship Program awards a $20,000 grand prize to the winner, with a history of over a decade. Samuel Sievers is the latest recipient of this scholarship.
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The U.S. truck freight market saw a decline in shipment volume and spending in the fourth quarter of 2023 compared to the same period in 2022. Shipment volume was down 15.7% and spending by shippers contracted 13.5%. The largest drop in volume in the history of the Index was observed. All regions experienced a slowdown in volume and spending, with the Southeast and Northeast being the most affected. However, the West was one of the two regions to see an increase in spending on a quarter-over-quarter basis. The Midwest shipment volumes contracted the least among all regions compared to the fourth quarter of 2022.
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Hinckley Medical, a U.S. Bank client, developed OneWeight, a patient weighing system, to provide accurate dosages to patients in ambulances. The system is now used in six states and is part of the Medical Alley in Minnesota. U.S. Bank is supporting Hinckley Medical's growth and has announced a new initiative to provide healthcare solutions to small- to mid-sized medical, veterinarian, and dental practices.
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U.S. Bank celebrates Lunar New Year 2024 with customized calendars, community partnerships, digital red envelopes, and donuts. The bank offers financial guidance and supports community events and festivals across the country.
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U.S. Bancorp reported its fourth quarter 2023 results, with the earnings release, earnings supplement, and slide presentation available online. The Chairman, President, and CEO, Andy Cecere, along with the CFO, John Stern, will host a conference call to review the financial results.
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A1 owner Glenn Goodson realizes dream of owning a gym with help from U.S. Bank (Ticker: USB)
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U.S. Bank Honors Taqueria Durango and Interfaith Dental for Community Service - Ticker: USB
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U.S. Bancorp (NYSE: USB) will release its fourth quarter 2023 earnings results before the market opens on Wednesday, January 17, 2024. Chairman, President and CEO Andy Cecere and CFO John Stern will host a conference call to review the financial results. The live conference call will be available online or by telephone.
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U.S. Bank (USB) partners with the Veteran Business Outreach Center of the Dakotas to support veteran business owners
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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 $48.44 as of January 28, 2025.

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

The market cap of U.S. Bancorp (USB) is approximately 77.2B.

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.
U.S. Bancorp

NYSE:USB

USB Rankings

USB Stock Data

77.22B
1.56B
0.14%
80.1%
1.44%
Banks - Regional
National Commercial Banks
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United States of America
MINNEAPOLIS