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United States

U.S. Bancorp (USB.N)

USB.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

U.S. Bancorp names Terry Dolan CFO
Monday, 13 Jun 2016 11:05am EDT 

U.S. Bancorp: U.S. Bancorp appoints Terry Dolan as Chief Financial Officer; Dolan is currently Vice Chairman, Wealth Management & Securities Services . Kathy Rogers, currently Vice Chairman and Chief Financial Officer, has made decision to step down from that role . Rogers will remain with company in her previous role, as head of Stress Test Process, and be based in Cincinnati .Rogers will continue in her responsibilities as CFO through transition.  Full Article

U.S. Bancorp Announces Quarterly Dividends
Tuesday, 15 Mar 2016 01:00pm EDT 

U.S. Bancorp:declared quarterly dividend of $0.255 per common share.payable April 15, 2016, to shareholders of record at the close of business on March 31, 2016.also declared regular quarterly dividend of $884.772 per share (equivalent to $8.84772 per depositary share) on Co's Series A Non-Cumulative Perpetual Preferred Stock, payable April 15, 2016, to stockholders of record at the close of business on March 31, 2016.regular quarterly dividend of $221.18 per share (equivalent to $0.22118 per depositary share) on co's Series B Non-Cumulative Perpetual Preferred Stock, payable April 15, 2016, to stockholders of record at the close of business on March 31, 2016.regular quarterly dividend of $406.25 per share (equivalent to $0.40625 per depositary share) on Co's Series F Non-Cumulative Perpetual Preferred Stock, payable April 15, 2016, to stockholders of record at the close of business on March 31, 2016.regular quarterly dividend of $375.00 per share (equivalent to $0.37500 per depositary share) on Co's Series G Non-Cumulative Perpetual Preferred Stock, payable April 15, 2016, to stockholders of record at the close of business on March 31, 2016.regular quarterly dividend of $321.88 per share (equivalent to $0.32188 per depositary share) on Co's Series H Non-Cumulative Perpetual Preferred Stock, payable April 15, 2016, to stockholders of record at the close of business on March 31, 2016.  Full Article

U.S. Bancorp announces quarterly dividend
Tuesday, 15 Dec 2015 05:00pm EST 

U.S. Bancorp:Declared a quarterly dividend of $0.255 per common share payable on January 15, 2016, to shareholders of record date as on December 31.  Full Article

U.S. Bancorp declares quarterly dividend announces quarterly dividends
Tuesday, 15 Sep 2015 04:00pm EDT 

U.S. Bancorp:Declares quarterly dividend of $0.255 per common share.Payable Oct. 15 to shareholders of record at close of business on Sept. 30.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.Payable Oct. 15 to stockholders of record at the close of business on Sept. 30.Declares regular quarterly dividend of $406.25 per share on U.S. Bancorp's Series F Non Cumulative Perpetual Preferred Stock.Payable Oct 15 to stockholders of record at the close of business on Sept. 30.Declares regular quarterly dividend of $375.00 per share on U.S. Bancorp's Series G Non-Cumulative Perpetual Preferred Stock.Payable Oct. 15 to stockholders of record at the close of business on Sept. 30.Declares regular quarterly dividend of $321.88 per share on U.S. Bancorp's Series H Non-Cumulative Perpetual Preferred Stock.Payable Oct. 15 to stockholders of record at the close of business on Sept. 30.  Full Article

Fitch: USB 2Q17 Earnings Down, Despite Loan Growth and Higher Rates

(The following statement was released by the rating agency) CHICAGO, July 19 (Fitch) U.S. Bancorp's (USB) second quarter 2017 (2Q17) net income of $1.5 billion was down 1.4% year-over-year as growth in net interest income (NII) amid higher short-term interest rates was offset by a decline in non-interest income and incrementally higher expenses, according to Fitch Ratings. USB's return on average assets (ROAA) was a still strong 1.35% in 2Q17 but down 8 basis points from 1.43% in the prior year'