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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

Love of the Game Drives Employee To Compete in Beep Baseball World Series

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Accessibility experience designer competes in fourth National Beep Baseball Association World Series
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U.S. Bank Names Ariel Meyerstein as Head of ESG Program Office

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U.S. Bank appoints Ariel Meyerstein as head of its ESG Program Office, responsible for strategy development, stakeholder engagement, and reporting. Meyerstein brings 20+ years of experience in ESG and sustainable finance.
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American Banker Names U.S. Bank Leaders to 2023 Most Powerful Women in Banking Lists

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US Bank leaders Gunjan Kedia and Alli Yttreness recognized in Most Powerful Women in Banking awards
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U.S. Bank CFO Insights Report: Finance Leaders Shift to Defense Mode

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U.S. corporate finance leaders prioritize cost control over revenue growth, according to the 2023 U.S. Bank CFO Insights Report. Rising interest rates and regulatory changes are seen as top risks. Finance leaders struggle to balance cost cutting with future growth. Layoffs are not a preferred option, with technology investments and outsourcing being favored. AI could reshape the finance function in healthcare. Increased adoption of instant payments is expected, driven by improved working capital and customer/supplier experiences.
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U.S. Bank Receives $55 Million in New Markets Tax Credit Allocation

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U.S. Bancorp Impact Finance receives $55 million NMTC allocation, totaling over $1 billion in allocations. USBCDE invests in community projects, creating jobs and increasing capacity. Fee income collected is reinvested in racial equity-focused organizations. 20% of this year's allocations went to CDEs led by persons of color.
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Video: Dance Studio Among Small Businesses Benefitting From $750,000 Grant

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U.S. Bank Foundation grants $750,000 to Accessity to help small businesses access capital and resources. Accessity provided a $8,000 loan to Deseo Studios, enabling them to thrive and secure traditional credit from U.S. Bank. Positive impact on small businesses and potential growth opportunities.
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U.S. Bancorp Announces Third Quarter Earnings Conference Call Details

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U.S. Bancorp to release Q3 2023 earnings results on October 18, 2023. Conference call with CEO and CFO to review financial results. Webcast and replay available on usbank.com.
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Gamification, Rewards Part of New Personal Finance Education Resources

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U.S. Bank offers new financial education resources through its Student Scholarship Program and Financial IQ, including bite-size content delivered through an app. Over 30,000 students participated in the scholarship program, completing modules for a chance to win up to $20,000 in scholarship funds. The program features gamified elements and rewards for completing modules. U.S. Bank also launched a financial wellness hub on its website. Making financial education accessible is a priority for the company. U.S. Bank reached over 1.5 million people with financial education training in 2022.
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New U.S. Bank report reveals small business owners are feeling successful and fulfilled, but pursuing their dream means sacrifice in their personal lives

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Small business owners feel successful and fulfilled, but sacrifice time and relationships for their businesses, according to a U.S. Bank survey. Implementing digital tools and community connections can help ease stress and drive success. 82% of small business owners believe that investing in digital solutions would reduce stress. Despite challenges, 87% feel optimistic about the future. Top stressors include funding, supply chain issues, and staffing shortages. 61% feel overwhelmed by the variety of digital solutions available. Small business owners see support from family, friends, and employees as key drivers of success.
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Helping the Healthcare Industry Achieve Its Mission of Improving People’s Lives

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Joe Kight leads U.S. Bank's Corporate Banking Healthcare - For Profit division, bringing over a century of industry support
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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