Welcome to our dedicated page for Us Bancorp news (Ticker: USB), a resource for investors and traders seeking the latest updates and insights on Us Bancorp stock.
U.S. Bancorp (USB) generates a steady flow of news across banking, payments, capital markets and corporate finance. As the parent of U.S. Bank National Association and a large U.S. financial institution headquartered in Minneapolis, its announcements cover topics ranging from earnings and dividends to product launches, partnerships and regulatory matters. Investors and observers following USB news can see how the company’s diversified mix of consumer, business, commercial, institutional, payments and wealth management businesses evolves over time.
Recent press releases highlight several themes. In capital markets, U.S. Bancorp disclosed a definitive agreement to acquire the parent of BTIG, a financial services firm specializing in investment banking, institutional sales and trading, research and prime brokerage. The company presents this transaction as a way to add institutional equity sales and trading, equity capital markets, equity electronic trading and M&A advisory capabilities, reinforcing its presence in investment grade bond and syndicated loan markets and expanding into areas such as commodities, structured credit and subscription finance.
On the banking and payments side, news items include details on quarterly earnings conference calls, changes to the prime lending rate, and regular quarterly dividends on common and preferred shares. U.S. Bancorp also announces new products and partnerships, such as the U.S. Bank Split World Mastercard, the Avvance point-of-sale lending platform, an expanded co-branded credit card relationship with AAA – The Auto Club Group, and an expanded coin deposit partnership with Coinstar.
For corporate and institutional clients, U.S. Bancorp has publicized the launch of U.S. Bank Liquidity Manager powered by Kyriba, an AI-enabled cash forecasting and liquidity management tool accessed through its SinglePoint treasury platform. Conference appearances and investor presentations are also announced through news releases. Together, these updates provide insight into how U.S. Bancorp manages its balance sheet, capital markets strategy, digital initiatives and customer partnerships.
U.S. Bancorp (NYSE: USB) announced the results of the Federal Reserve’s Dodd-Frank Act Stress Test, indicating a preliminary stress capital buffer of 2.5% for the period from October 1, 2022, to September 30, 2023. The company's Common Equity Tier 1 (CET1) ratio stood at 9.8% as of March 31, 2022, well above the 7% requirement. Additional capital distributions will be determined post-acquisition of MUFG Union Bank's core banking franchise. The stress test results affirm U.S. Bancorp's preparedness for economic downturns, highlighting its diversified business model and risk management strategies.
U.S. Bancorp (NYSE: USB) announced it will release its second quarter earnings results on July 15, 2022, before the market opens. A conference call hosted by CEO Andy Cecere and CFO Terry Dolan will take place at 8 a.m. CT to discuss the results, accessible via phone or webcast. As of March 31, 2022, U.S. Bancorp holds $587 billion in assets and employs approximately 70,000 people. The company serves a diverse customer base and has received recognition for its digital innovation and social responsibility.
U.S. Bancorp (NYSE: USB) has announced an increase in its prime lending rate from 4.00% to 4.75%, effective June 16, 2022, across all U.S. Bank branches. The change reflects the company’s strategy in response to market conditions.
As of March 31, 2022, U.S. Bancorp reported $587 billion in assets and employs approximately 70,000 people, serving customers through various business lines including consumer banking, payment services, and wealth management. The organization has earned recognition for its digital innovation and customer service.
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a quarterly dividend of
U.S. Bancorp (NYSE: USB) announced that Chairman and CEO Andy Cecere, along with CFO Terry Dolan, will present at the Morgan Stanley Financials Conference. The presentation is scheduled for 9:30 a.m. ET on Tuesday, June 14, in New York. A live audio webcast will be available on the Investor Relations website, with a replay accessible for one year. U.S. Bancorp has approximately 70,000 employees and $587 billion in assets as of March 31, 2022, and is recognized for its digital innovation and customer service.
U.S. Bancorp announced the redemption of all 2.95% Medium-Term Notes, Series U, due July 15, 2022, effective June 15, 2022. The redemption price will equal 100% of the principal plus any accrued interest. Payments will be processed through The Depository Trust Company. As of March 31, 2022, U.S. Bancorp had approximately 70,000 employees and $587 billion in assets, providing a variety of banking and financial services globally. The company is recognized for its digital innovation and customer service excellence.
U.S. Bancorp (NYSE: USB) announced that its Chairman, President, and CEO, Andy Cecere, along with Vice Chair and CFO, Terry Dolan, will present at the Bernstein Annual Strategic Decisions Conference in New York on Friday, June 3, at 10 a.m. ET. A live video webcast will be accessible on the day of the event and will be available for replay on the U.S. Bank Investor Relations website for one year.
U.S. Bancorp has approximately 70,000 employees and $587 billion in assets as of March 31, 2022.
U.S. Bancorp (NYSE: USB) announced that Vice Chair of Wealth Management, Gunjan Kedia, will present at the Deutsche Bank Global Financial Services Conference in New York on May 31 at 3:15 p.m. ET. A live audio webcast will be available for listeners, and a replay can be accessed for one year on the U.S. Bank Investor Relations website. U.S. Bancorp, based in Minneapolis, has approximately 70,000 employees and $587 billion in assets, serving millions through its varied financial services.
U.S. Bank National Association has announced the redemption of all its outstanding Floating Rate Senior Notes due on June 2, 2023. The redemption, scheduled for June 2, 2022, will be at a price of $1,000 per $1,000 principal amount, including any accrued interest. Payment will be processed through The Depository Trust Company. As of March 31, 2022, U.S. Bancorp holds approximately $587 billion in assets and operates through various banking sectors, recognized for its ethical practices and customer service.
U.S. Bank has announced a collaboration with fintech LiquidX to streamline supply-chain transactions, addressing cash-flow challenges for businesses. This partnership combines U.S. Bank's strong financial backing with LiquidX's technology, enabling suppliers to receive payments quickly while offering buyers extended payment terms. The initiative aims to enhance existing financing solutions and support supply chains during global disruptions. U.S. Bank's services include the Receivables Purchase Program and Approved Payables Financing Program, providing liquidity and improving cash flow.
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