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U.S. Bancorp

USB.N

Latest Trade

43.09USD

Change

0.43(+1.01%)

Volume

1,356,644

Today's Range

42.84

 - 

43.35

52 Week Range

28.36

 - 

61.01

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

U.S. Bancorp Posts Q3 Earnings Per Share $0.99

Oct 14 (Reuters) - U.S. Bancorp <USB.N>::REPORTS THIRD QUARTER 2020 RESULTS.QTRLY EARNINGS PER SHARE $0.99.QTRLY TOTAL NET REVENUE $5.96 BILLION VERSUS $5.92 BILLION.QTRLY RETURN ON AVERAGE COMMON EQUITY 12.8 % VERSUS 15.3%.QTRLY NET INTEREST INCOME ON A TAXABLE-EQUIVALENT BASIS WAS $3,252 MILLION, A DECREASE OF $54 MILLION.TOTAL NET CHARGE-OFFS IN Q3 OF 2020 WERE $515 MILLION, VERSUS $437 MILLION IN Q2 OF 2020.Q3 EARNINGS PER SHARE VIEW $0.91 -- REFINITIV IBES DATA.QTRLY PROVISION FOR CREDIT LOSSES $635 MILLION VERSUS $367 MILLION.Q3 REVENUE VIEW $5.71 BILLION -- REFINITIV IBES DATA.

U.S. Bancorp Reports Second Quarter 2020 Results

July 15 (Reuters) - U.S. Bancorp <USB.N>::REPORTS SECOND QUARTER 2020 RESULTS.QTRLY NET REVENUE OF $5,838 MILLION.QTRLY EARNINGS PER SHARE $0.41.QTRLY RETURN ON AVERAGE ASSETS OF 0.51%, RETURN ON AVERAGE COMMON EQUITY OF 5.3%.PROVISION FOR CREDIT LOSSES FOR Q2 2020 WAS $1,737 MILLION, WHICH WAS $744 MILLION HIGHER THAN PRIOR QUARTER.QTRLY NET INTEREST INCOME ON TAXABLE-EQUIVALENT BASIS WAS $3,224 MILLION, A DECREASE OF $108 MILLION.QTRLY TOTAL NET CHARGE-OFFS $437 MILLION VERSUS $393 MILLION IN Q1.QTRLY PROVISION FOR CREDIT LOSSES INCLUDED $1,300 MILLION INCREASE IN ALLOWANCE FOR CREDIT LOSSES.BASED ON 2020 STRESS TEST RESULTS, CO WILL BE SUBJECT TO MINIMUM STRESS CAPITAL BUFFER OF 2.5%.EXPECTS TO MAINTAIN ITS CURRENT QUARTERLY COMMON DIVIDEND OF $0.42 PER COMMON SHARE.QTRLY EARNINGS RESULTS WERE REFLECTIVE OF MORE CHALLENGING ECONOMIC ENVIRONMENT THAN CO HAS SEEN IN SOME TIME.LOWER QTRLY NET INCOME Y-O-Y DUE TO INCREASE IN PROVISION FOR CREDIT LOSSES FROM DETERIORATING ECONOMIC CONDITIONS DUE TO COVID-19 IMPACT.Q2 EARNINGS PER SHARE VIEW $0.22, REVENUE VIEW $5.54 BILLION -- REFINITIV IBES DATA.

U.S. Bancorp Receives Its Preliminary 2020 Stress Capital Buffer Of 2.5 Percent

June 29 (Reuters) - U.S. Bancorp <USB.N>::RECEIVES ITS PRELIMINARY 2020 STRESS CAPITAL BUFFER OF 2.5 PERCENT.EXPECTS TO RECOMMEND TO ITS BOARD THAT COMPANY CONTINUE TO MAINTAIN ITS CURRENT QTRLY COMMON DIVIDEND OF $0.42 PER COMMON SHARE.

U.S. Bancorp Community Development Corporation Finances $50 Million In Capital To Help Small Businesses Impacted By Covid-19

May 7 (Reuters) - U.S. Bancorp <USB.N>::U.S. BANCORP COMMUNITY DEVELOPMENT CORPORATION FINANCES $50 MILLION IN CAPITAL TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) TO HELP SMALL BUSINESSES IMPACTED BY COVID-19.

Berkshire says it owns more than 10% of U.S. Bancorp stock, following bank's stock buybacks

April 24 (Reuters) - Berkshire says it owns nearly 151 mln u.s. Bancorp shares:.

U.S. Bancorp Qtrly Earnings Per Share $0.72

April 15 (Reuters) - U.S. Bancorp <USB.N>::QTRLY TOTAL NET REVENUE $5.77 BILLION VERSUS $5.58 BILLION.REPORTS FIRST QUARTER 2020 RESULTS.QTRLY EARNINGS PER SHARE $0.72.QUARTERLY NET INTEREST INCOME (TAXABLE-EQUIVALENT BASIS) $3,247 MILLION VERSUS $3,286 MILLION.QUARTERLY NET REVENUE $5,772 MILLION.QTRLY RETURN ON AVERAGE COMMON EQUITY 9.7% VERSUS 14.3% LAST YEAR.TOTAL NET CHARGE-OFFS IN Q1 OF 2020 WERE $393 MILLION, VERSUS $385 MILLION IN Q4 OF 2019.Q1 EARNINGS PER SHARE VIEW $0.58 -- REFINITIV IBES DATA.Q1 REVENUE VIEW $5.56 BILLION -- REFINITIV IBES DATA.CO'S PROVISION FOR CREDIT LOSSES FOR Q1 OF 2020 WAS $993 MILLION VERSUS $377 MILLION.

U.S. Bank Says Premium Pay Program Will Provide Critical Front-Line Employees With Temporary 20% Hourly Wage Increase

March 23 (Reuters) - U.S. BANK::U.S. BANK - "PREMIUM PAY PROGRAM WILL PROVIDE CRITICAL FRONT-LINE EMPLOYEES WITH A TEMPORARY 20% HOURLY WAGE INCREASE".U.S. BANK - "PREMIUM PAY PROGRAM APPLIES TO MORE THAN 30,000 CRITICAL EMPLOYEES".

U.S. Bancorp To Move To Virtual-Only Annual Shareholder Meeting For 2020

March 19 (Reuters) - U.S. Bancorp <USB.N>::U.S. BANCORP TO MOVE TO VIRTUAL-ONLY ANNUAL SHAREHOLDER MEETING FOR 2020.

U.S. Bank Temporarily Halts Share Buyback Program

March 15 (Reuters) - U.S. Bancorp <USB.N>::U.S. BANK TEMPORARILY HALTS SHARE BUYBACK PROGRAM.WILL TEMPORARILY SUSPEND ITS SHARE BUYBACK PROGRAM FOR REMAINING PERIOD OF Q1 AND Q2 OF 2020..

U.S. Bancorp Says Making Immediate Adjustments To Certain Consumer, Small-Business Products To "Make Them More Affordable For Customers"

March 13 (Reuters) - U.S. Bancorp <USB.N>::U.S. BANCORP - MAKING IMMEDIATE ADJUSTMENTS TO CERTAIN CONSUMER, SMALL-BUSINESS PRODUCTS TO "MAKE THEM MORE AFFORDABLE FOR CUSTOMERS".U.S. BANCORP - TEMPORARY MEASURES ARE EFFECTIVE UNTIL MARCH 31.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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