NYSE:USB - New York Stock Exchange, Inc. - US9029733048 - Common Stock
Goldman Sachs analyst reiterates Neutral rating on U.S. Bancorp, forecasts 3% NII growth in 2025, and highlights regulatory capital concerns.
U.S. bank Wells Fargo named JPMorgan Chase executive Ed Olebe as its new head of cards and merchant services on Tuesday, effective immediately. Olebe, who joined JPMorgan in 2016, succeeds Ray Fischer, who has decided to retire, Wells Fargo said. "Ed's industry expertise and deep experience will be invaluable to Wells Fargo as we continue to grow our credit card business and expand our payment capabilities across Merchant Services," said Kleber Santos, CEO of consumer lending at Wells Fargo.
JPMorgan Chase, like the rest of the world, is scrambling to figure out what the start of Trump 2.0 means.
Brian Moynihan was asked by CNBC's Andrew Ross Sorkin about how the industry's approach to crypto could change given President Donald Trump's enthusiasm.
SoFi, Upstart, and PayPal all look undervalued relative to their growth potential.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does U.S. Bancorp (USB) have what it takes? Let's find out.
USB's fourth-quarter 2024 results benefit from a rise in non-interest income and a decline in expenses. Yet, weakening asset quality is concerning.
US Bancorp reports mixed Q4 results amid exciting earnings season. Analysts maintain positive outlook on company's resilience and growth.
The tone in the equities markets was decidedly feeble as the week came to an end, with Chinese markets getting very little help from GDP figures that topped estimates to hit Beijing's 2024 growth target bang on at 5%. Japanese stocks are also struggling, weighed down by the yen's strengthening beyond 155 per dollar for the first time in almost a month as traders ramp up bets for a BOJ rate hike next week. An MSCI gauge of global shares is still on course - for now - for the best week since the start of November, but that rally is really the story of one day - Wednesday - when U.S. bank results got earnings season going with a bang.
Relief from the positive U.S. and UK inflation surprises this week appears to have evaporated, at least as far as equity markets are concerned, even as Treasury yields and the dollar continue to drift lower into the last trading day of the week. Yields are softening and Fed Governor Chris Waller on Thursday again signaled his willingness to cut rates, while U.S. bank earnings are beating expectations. But more evidence is needed that the global bond and inflation respite is anything other than temporary, and investors are nervy ahead of U.S. President-elect Donald Trump's inauguration on Monday.
Top movers analysis one hour before the close of the markets of S&P500 on 2025-01-16: top gainers and losers in today's session.
Which S&P500 stocks are moving on Thursday?
Looking for the S&P500 stocks that are experiencing notable gaps on Thursday? Find out which stocks are gapping up and gapping down in the S&P500 index during today's session.
U.S. Bancorp surpassed earnings expectations for Q4 2024, but faces ongoing economic challenges and regulatory uncertainties.
According to FinChat, the lender reported fourth-quarter adjusted earnings of $1.07 per share, compared to market expectations of $1.05 per share in profit.
As we await the opening of the US market on Thursday, let's delve into the pre-market session and discover the S&P500 top gainers and losers shaping the early market sentiment.
US bank will spend almost as much to renovate Citi Tower skyscraper as it paid for site in the first place
The two biggest regional banks gave muted predictions for net interest income in the first quarter, amid uncertainty over how lower interest rates will revive lending demand.
(Bloomberg) -- The two biggest regional banks gave muted predictions for net interest income in the first quarter, amid uncertainty over how lower interest rates will revive lending demand. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsChicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesNYPD Reforms Car Chase Policy Amid Rising Crashes, InjuriesChurches, Cinemas — and Moon Artifacts — Top List of En
At last, some breathing room for investors after U.S. and UK inflation figures on Wednesday eased the vice-like grip that the soaring dollar and global bond yields had increasingly been exerting over markets. It is too early to say this marks a turning point, but fixed income and emerging markets have been beaten down so much lately that they were primed for a 'good news' reversal. But it's the UK and especially the U.S. inflation news that will drive markets more, and the rapid slide in bond yields and jump in stocks should pave the way for a positive day in Asia on Thursday.