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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

High School Internship Program Helps Students Grow Careers in Banking

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U.S. Bank: Partnership and Mentorship Program to Prepare Young People for the Workforce
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Now-Thriving SoCal Cleaning Service Grew in Part Thanks to Special Financing

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U.S. Bank: Angy's Angels Cleaning Service Grows with U.S. Bank Access Fund Support - Angy Lopez, the founder of Angy's Angels Cleaning Service, shares her journey of building a successful cleaning business with the help of financial support from the U.S. Bank Access Fund. Starting as a humble venture, the business quickly gained momentum, attracting numerous clients and expanding to nearly 50 employees. The growth led to the acquisition of a new building, made possible by the support and capital provided by Ampac Business Capital.
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Bank Leader McNeill Honored for Work To Increase Military Homeownership

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U.S. Bank: Awarded 2023 Residential Diversity, Equity and Inclusion Leadership Award for Market Outreach Strategies - Large Lender by the MBA
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U.S. Bank No. 3 on Military Times Ranking of Best Employers for Veterans

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U.S. Bank (USBNK) Ranked No. 3 on Military Times Best for Vets: Employers List. The Military Times survey evaluates employers for veterans based on recruitment, employment practices, and retention programs. U.S. Bank has consistently improved its ranking since 2010, reflecting its commitment to supporting veterans.
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Kansas City Development Serves As Refuge for Local Veterans

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U.S. Bank: U.S. Bancorp Impact Finance invests $20 million in St. Michael's development for disabled and/or formerly homeless service members. Ozy McDaniel, a former Marine, shares his experience.
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Access Home Loan Helps Mother of Four Become Homeowner

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Milwaukee resident Melody Jones purchases the home she has rented for 15 years with help from U.S. Bank.
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This Nonprofit Is Helping To Build 'A Truly Inclusive Employment Environment'

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Illinois-based nonprofit RAMP, with support from the U.S. Bank Foundation, offers services to help people with disabilities find employment and live independently. They have a program called Teens in Transition that helps teens and young adults with disabilities prepare for careers or post-secondary education. The program includes mock job interviews with local employers, and it has had a positive impact on participants like Michelle, who struggled with anxiety and depression but now can envision herself working in a childcare facility.
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Newmark, on Behalf of Piedmont Office Realty Trust, Inc., Secures 447,000 SF Renewal of U.S. Bancorp's Headquarters

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U.S. Bancorp renews its 447,000-square-foot lease at the 800 Nicollet Mall headquarters in Minneapolis, Minnesota, reaffirming its commitment to Piedmont and the city. The long-term lease renewal ensures complete occupancy of its existing footprint and maintains a 20-year relationship with Piedmont. The U.S. Bancorp Center offers a world-class tenant experience with amenities such as a top-floor space with panoramic views, a fitness center, conference rooms, and on-site security.
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U.S. Bank Freight Payment Index: Truck freight spending, volume drop for fifth consecutive quarter

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Truck freight shipments in the US have declined by nearly 10% YoY nationwide and almost 23% in the West region. Spending on truck freight is down 12.5% YoY and volume is off 9.7% YoY. This marks the fifth consecutive quarter of decline in both spending and volume. Factors impacting the truck freight economy include retailer inventory reduction, decreased homebuilding, and consumers preferring experiences over goods.
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What Homeownership Means for One Habitat Family, Five Years Later

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Habitat for Humanity (HFH) PR: Ambera Pruitt Reflects on Five Years in Habitat-Built Home
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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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