MARKET COMPOSITE
USB - U.S. Bancorp.4:05:58 PM 4/26/2024
Price
$41.29
+ 0.30 (0.73%)
U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. It has 3,106 branches and 4,842 ATMs, primarily in the Western and Midwestern United States. It is ranked 117th on the Fortune 500. The company also owns Elavon, a processor of credit card transactions for merchants and Elan Financial Services, a credit card issuer that issue credit card products to U.S. Bank and other financial institutions. U.S. Bancorp operates under the second-oldest continuous national charter, originally Charter #24, granted in 1863 following the passage of the National Bank Act. Earlier charters have expired as banks were closed or acquired, raising U.S. Bank's charter number from #24 to #2. The oldest national charter, originally granted to the First National Bank of Philadelphia, is held by Wells Fargo, which was obtained upon its merger with Wachovia.
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    In this piece, we will take a look at the 20 most profitable banks in the US in 2024. If you want to skip our coverage of the latest news in the US banking industry, then you can take a look at the 5 Most Profitable Banks in the US in 2024. The US banking […]

    MINNEAPOLIS, April 25, 2024--U.S. corporate finance leaders have increased focus on cutting costs to prepare their firms for potential economic and geopolitical uncertainty, according to the fourth annual U.S. Bank CFO Insights Report.

    LONDON, April 24, 2024 (GLOBE NEWSWIRE) -- Elavon, a leading global payments provider, today announces its expanded collaboration in Europe with FreedomPay, a global leader in Next Level Commerce™ technologies. The partnership aims to deliver cutting-edge integrated commerce solutions and omni-channel payments technology to large enterprise merchants across Retail and Hospitality. The agreement pairs Elavon acquiring with FreedomPay commerce technologies to benefit Elavon merchants across Europe

    NORTHAMPTON, MA / ACCESSWIRE / April 23, 2024 / U.S. Bank: U.S. Bank Magnolia Place Financial Education Center welcomes people looking to boost their financial acumen The U.S. Bank Magnolia Place Financial Education Center collaborates with nonprofits ...

    U.S. Bancorp ( NYSE:USB ) First Quarter 2024 Results Key Financial Results Revenue: US$6.13b (down 8.7% from 1Q 2023...

    In this article, we discuss 10 best dividend leaders to buy according to analysts. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read 5 Best Dividend Leaders to Buy According to Analysts. Income generation has always been a primary goal for investors when making […]

    Higher deposit costs are eating into profits of regional banks. That pressure is not likely to abate anytime soon as the Fed dials back its expectations for rate cuts in 2024.

    Key Insights Institutions' substantial holdings in U.S. Bancorp implies that they have significant influence over the...

    For another quarter, big banks saw only a smattering of losses on office loans. Seemingly every week brings fresh headlines about office towers selling at deeply discounted prices. Partly that is because they have already set aside sizable reserves for future losses over the past few quarters.

    U.S. Bancorp (NYSE:USB) Q1 2024 Earnings Call Transcript April 17, 2024 U.S. Bancorp isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome to the U.S. Bancorp First Quarter 2024 Earnings Conference Call. Following a review of the results, there will […]