Us Bancorp Stock Price, News & Analysis

Elavon, a subsidiary of U.S. Bancorp (NYSE: USB), is launching its new Elavon Payment Gateway in Poland in April 2025. The gateway offers a comprehensive payment solution for small and medium-sized businesses, enabling them to accept multiple payment methods including cards, BLIK, Account-2-Account bank payments, and digital wallets through both POS terminals and online channels. Key features include:

• Support in 12 languages with 24/7 technical assistance
• Ability to process payments in 80+ currencies with Dynamic Currency Conversion
• PCI DSS certification for transaction security
• Integration with popular e-commerce platforms

The solution targets various industries including retail, services, restaurants, and hospitality, offering a simplified one-stop payment system that eliminates the need for multiple contracts and billing systems.

Elavon, a global payment processing leader, has partnered with Jscrambler to enhance PCI DSS compliance for over 400 merchants in its network. The collaboration focuses on meeting PCI DSS requirements 6.4.3 and 11.6.1, addressing the growing threat of web skimming attacks, which saw a 103% surge in Magecart infections during H1 2024.

Jscrambler's Client-Side Protection and Compliance Platform offers key features including script management, skimming prevention, tamper detection, hybrid architecture deployment, and access to PCI DSS experts. The partnership combines Elavon's payment processing expertise with Jscrambler's security technology to strengthen payment security and maintain compliance efficiently.

U.S. Bank (USB) has announced that Pure Finance Group has integrated Avvance, U.S. Bank's real-time point-of-sale lending solution, into its home improvement lending platform. This marks the second partnership for Avvance, supporting Pure Finance's expansion into the HVAC segment. Pure Finance, founded in 2018, has served over 20,000 homeowners through its contractor-focused lending platform.

Avvance, launched in October 2023 as U.S. Bank's first real-time consumer lending product, provides APR-based consumer term loans at point-of-sale, initially focusing on home improvement and healthcare sectors. As the 5th largest commercial bank in the United States, U.S. Bank aims to continue expanding Avvance's innovative point-of-sale solution to additional segments.

U.S. Bank has introduced the new U.S. Bank Shield™ Visa® Card, featuring a market-leading 0% APR introductory offer on purchases and balance transfers for 24 billing cycles (variable APR of 17.74% to 28.74% thereafter). The no-annual-fee card offers comprehensive protection benefits including cell phone protection up to $600, auto rental collision coverage, extended warranty protection, and purchase security.

The card provides 4% cash back on prepaid travel bookings through U.S. Bank Travel Rewards Center and a $20 annual statement credit after 11 consecutive months of purchases. Designed with a sleek, clear plastic aesthetic, this card aims to attract value-conscious consumers seeking both protection and security features.

The U.S. Bank Freight Payment Index reveals significant regional variations in truck freight activity during Q1 2025. National shipments declined 5.8% quarterly and 13.8% year-over-year, while spending decreased 2.5% quarterly and 8.6% annually. The Southwest experienced the sharpest decline with a 21.2% drop in volume, primarily due to winter storms and weak manufacturing. In contrast, the Northeast showed strength with a 3.6% increase in shipments and 4.1% growth in spending, driven by strong port activity. The West region saw modest gains, while the Midwest and Southeast faced challenges from weather events and reduced manufacturing activity. The smaller decline in carrier revenue compared to volume suggests industry capacity is tightening.

U.S. Bank (USB) has announced the consolidation of its Global Fund Services and Global Corporate Trust teams into a unified Investment Services division under the leadership of Jay Martin. The new division will provide customized services including fund administration, custody, investor servicing, trustee services, and corporate escrow to various client segments.

Martin, who joined the bank in 2023 to lead Global Fund Services, brings three decades of financial services experience from previous roles at Citco, Citi, SWIFT, and Bank of New York Mellon. The bank maintains the #1 market share in Corporate Trust markets, while its Fund Services business continues to expand with new capabilities to address client needs.

U.S. Bancorp (NYSE: USB) has announced the promotion of Adam Graves to senior executive vice president and head of enterprise strategy and administration. Graves, 47, who has served as head of strategy and corporate development since 2023, will expand his responsibilities to include corporate real estate and procurement, marketing, analytics and customer experience, public affairs and communications, and strategy and administration risk.

Previously the head of finance strategy and corporate development for five years, Graves began his career at Goldman Sachs's investment banking division. The University of Michigan alumnus will report to CEO Gunjan Kedia and join the company's managing committee, which consists of senior executives leading revenue lines and corporate functions.

U.S. Bancorp (USB) announced it will present its first quarter 2025 financial results. The company will host a conference call at 8 a.m. Central Time where President and CEO Gunjan Kedia and Senior Executive VP & CFO John Stern will review the financial results.

The earnings release, supplement, and slide presentation will be accessible at ir.usbank.com/investor-relations/financial-information. Investors can join via webcast or telephone, with US/Canada participants dialing 888-210-4659 and international callers using 646-960-0383 (Conference ID: 7269933).

U.S. Bank (USB) has unveiled its new Business Essentials product, an innovative all-in-one business checking solution that combines payment acceptance capabilities with premium banking features. The account offers zero monthly maintenance fees and includes:

• Free same-day access to card payment funds
• Unlimited digital transactions
• Complimentary mobile card reader
• Fraud prevention tools
• Integrated digital dashboard
• Accounting software integration

This launch responds to market demand, as revealed by U.S. Bank's national survey where 80% of small business owners expressed preference for bundled digital banking and payment services. The bank currently serves over 1.4 million small business clients with comprehensive banking, payments, and digital solutions.