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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

U.S. Bancorp to speak at the Barclays Global Financial Services Conference

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U.S. Bancorp CEO and CFO to present at Barclays conference
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Making an Impact One Recess at a Time

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U.S. Bank executive VP Werner Loots joins Playworks' awareness campaign to promote the power of play. Playworks shows 77% fewer incidents of bullying when implemented in schools.
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U.S. Bank and Elavon Launch Next Gen talech Terminal for Small Businesses

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Elavon launches talech Terminal, a next-generation point-of-sale system, offering more payment options for small business owners. It aims to eliminate the burden of managing customer payments and provides a simple, elegant form factor for running businesses.
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Legacy of Entrepreneurship Lives on Within Family With U.S. Bank by Their Side

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Woodley Building Maintenance (WBM) has a longstanding banking relationship with U.S. Bank, which has provided support during challenging times, including the COVID-19 pandemic. WBM received a loan through the Paycheck Protection Program (PPP) to retain employees. The Woodley family is now focused on succession planning and exploring options for the future of the business.
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Girls Who Code Alumni Participate in Bank’s Summer Internship Program

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U.S. Bank partners with Girls Who Code, investing over $1 million in programs for students and alumni. More than 220 interns, including three women with coding expertise, are participating in the summer internship program. The interns are working on various projects related to cloud-based software, quality assurance, and engineering. The relevance of their work, such as business customer POS systems, is appreciated as the demand for efficient POS software increases.
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U.S. Bank announces updates to recent leadership changes

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U.S. Bank announces leadership changes effective Sept. 1, including new titles for Dolan and Stern. Von Gillern to retire, Venkatachari to assume his responsibilities. Dolan becomes vice chair and chief administration officer, Stern becomes CFO. Venkatachari becomes executive officer.
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Bank Gives Students Time With Junior Achievement as Part of Innovation Award

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Transformation strategy executive Tina Cartwright and shared services leader Jay Clark of U.S. Bank have accepted the Financial Services Impact Award in Northampton, MA on August 17, 2023.
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From Administrative Assistant to Market Leader: A Coast-to-Coast Career Path

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Hattie Redmond Apartments Welcomes Some of Portland’s Most Vulnerable Residents

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A 60-unit development in Northampton, MA has been named after Harriet (Hattie) Redmond, an African American suffragist and civil rights leader who lived and worked in Oregon in the late 1800s.
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U.S. Bank Helps Double Affordable Housing in One Bay Area Development

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U.S. Bank has helped double the number of affordable housing units in the Light Tree Apartments community in East Palo Alto, California. The redevelopment effort, led by affordable housing developer Eden Housing and the East Palo Alto Community Alliance and Neighborhood Development Organization, has resulted in 185 affordable housing units for low-income families, people with disabilities, and formerly homeless individuals. U.S. Bancorp Impact Finance invested $56.7 million in Low-Income Housing Tax Credit equity and provided $56 million in loans for the redevelopment.
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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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