Key Developments: U.S. Bancorp (USB.N)

USB.N on New York Stock Exchange

43.23USD
19 Sep 2014
Price Change (% chg)

$0.20 (+0.46%)
Prev Close
$43.03
Open
$43.33
Day's High
$43.57
Day's Low
$43.15
Volume
4,157,722
Avg. Vol
1,575,572
52-wk High
$43.92
52-wk Low
$35.69

Search Stocks

Latest Key Developments (Source: Significant Developments)

U.S. Bancorp announces quarterly dividends
Tuesday, 16 Sep 2014 01:00pm EDT 

U.S. Bancorp:Declares a quarterly dividend of $0.245 per common share.Declares regular quarterly dividend of $894.444 per share on U.S. Bancorp's Series A Non-Cumulative Perpetual Preferred Stock.Declares regular quarterly dividend of $223.61 per share on U.S. Bancorp's Series B Non-Cumulative Perpetual Preferred Stock.Declares regular quarterly dividend of $406.25 per share on U.S. Bancorp's Series F Non-Cumulative Perpetual Preferred Stock.Declares regular quarterly dividend of $375.00 per share on U.S. Bancorp's Series G Non-Cumulative Perpetual Preferred Stock.Declares regular quarterly dividend of $321.88 per share on U.S. Bancorp's Series H Non-Cumulative Perpetual Preferred Stock.Says all dividends are payable Oct. 15 to stockholders of record at close of business on Sept. 30.  Full Article

U.S. Bancorp provides customers an easy way to pay with Apple Pay
Tuesday, 9 Sep 2014 03:45pm EDT 

U.S. Bancorp:Announces its integration with Apple Pay, providing customers an easy, secure and private way to pay using their U.S. Bank consumer credit and debit cards right from iPhone 6, iPhone 6 Plus and Apple Watch.  Full Article

U.S. Bancorp closes on acquisition of Chicago-Area Charter One Bank Franchise
Monday, 23 Jun 2014 08:00am EDT 

U.S. Bancorp:Acquisition includes Charter One's retail branch network as well as small business operations and select middle market client relationships.Transaction gives U.S. Bank more than 160 branches in Chicagoland area, and nearly doubles U.S. Bank's deposit market share in Chicago area.  Full Article

U.S. Bancorp declares 6.5 percent increase in quarterly common stock dividend
Tuesday, 17 Jun 2014 01:00pm EDT 

U.S. Bancorp:Approves a 6.5 percent increase in the dividend rate on U.S. Bancorp common stock to $0.98 on an annualized basis, or $0.245 on a quarterly basis.Payable on July 15, to shareholders of record at the close of business on June 30.  Full Article

U.S. Bancorp expects to recommend Q2 dividend and authorizes share repurchase
Wednesday, 16 Apr 2014 07:15am EDT 

U.S. Bancorp:Says new share repurchase authorization of $2.3 bln, effective April 1st.Expect to recommend a second quarter dividend of $0.245 per common share, a 6.5 percent increase over the current dividend rate.  Full Article

U.S. Bancorp subsidiary to acquire document custodian business from Ally Bank
Monday, 14 Apr 2014 08:30am EDT 

U.S. Bancorp:U.S. Bank National Association enters into definitive agreement to purchase document custodian business of Ally Bank.Acquisition expected to close early in second quarter of 2014.  Full Article

U.S. Bancorp announces quarterly dividends
Wednesday, 12 Mar 2014 12:43pm EDT 

U.S. Bancorp:Declares a quarterly dividend of $0.23 per common share, payable April 15, 2014, to shareholders of record at the close of business on March 31, 2014.  Full Article

U.S. Bancorp acquires chicago branch banking operations of RBS Citizens Financial Group Inc
Tuesday, 7 Jan 2014 09:00am EST 

U.S. Bancorp:Says its lead bank, U.S. Bank National Association, has reached an agreement to acquire the Chicago branch banking operations of the Charter One Bank franchise owned by RBS Citizens Financial Group.Says the acquisition includes Charter One's Chicago retail branch network, small business operations, and select middle market relationships.Says under the terms of this transaction, U.S. Bank will acquire about $5.3 bln of deposits, $1.1 bln of loans, 94 branches, and 800 employees for a deposit premium of approximately $315 mln, or 6 pct.Says at close, U.S. Bank will have combined deposits of about $11.3 bln in Chicago.Says the transaction is subject to regulatory approval and is anticipated to close in mid-2014.  Full Article

U.S. Bancorp announces quarterly dividends
Tuesday, 10 Dec 2013 01:17pm EST 

U.S. Bancorp:Says it has declared a quarterly dividend of $0.23 per common share, payable Jan. 15, 2014, to shareholders of record at the close of business on Dec. 31.  Full Article

U.S. Bancorp's Subsidiary Acquires Quintillion Ltd
Wednesday, 20 Nov 2013 07:00am EST 

U.S. Bancorp announced that U.S. Bancorp Fund Services, LLC, a subsidiary of the Company, has agreed to acquire Quintillion Limited (Quintillion), an Ireland domiciled full-service hedge fund administrator. The announcement supports U.S. Bancorp Fund Services strategic initiative to expand its alternative investment servicing network supporting the European investment community. Further terms of the transaction were not disclosed.  Full Article

MOVES- RBC, BlackRock, Volksbanken, U.S. Bank, Aviva Investors

(Adds Tilney, Bank of New York Mellon Corp, Aviva, LPL Financial, U.S. Bank and BMO Financial Group)

Search Stocks