US BANCORP (USB)
US9029733048 - Common Stock
US BANCORP
NYSE:USB (4/24/2024, 8:50:09 AM)
41.03
+0.06 (+0.15%)
Company Profile
U.S. Bancorp operates as a bank holding company, which offers financial services including lending and depository services, cash management, foreign exchange and trust and investment management. The company is headquartered in Minneapolis, Minnesota and currently employs 76,646 full-time employees. The company provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. The company also engages in credit card services, merchant and automated teller machine processing, mortgage banking, insurance, brokerage and leasing. Its banking subsidiaries, U.S. Bank National Association and MUFG Union Bank, N.A., are engaged in the general banking business and offer commercial and consumer lending services, lending services, depository services and ancillary services. Its non-banking subsidiaries offer investment and insurance products to its customers principally within its domestic markets, and fund administration services to a broad range of mutual and other funds. Its lines of business are Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support.
Company Info
US BANCORP
800 Nicollet Mall
Minneapolis MINNESOTA 55402
P: 16514663000
CEO: Andrew Cecere
Employees: 76646
Website: https://www.usbank.com/
USB News
4 hours ago - The Motley FoolForget Upstart, These Unstoppable Stocks Are Better BuysThese three stocks have incredible growth opportunities and are trading at bargain prices.
2 days ago - The Business JournalsU.S. Bank’s new health care practice is a shot in the arm for its Bay Area growth
2 days ago - InvestorPlace7 Deadly Dividend Stocks to Avoid at All Costs: April 2024Deadly dividend stocks can do some serious damage to your portfolio if you're not careful. These are names to avoid in April 2024.
Its net charge-offs and delinquencies have risen for several quarters in a row. Here's what the bank expects for the rest of 2024.
Wells Fargo was accused of sex discrimination in a lawsuit by a bond saleswoman who said the fourth-largest U.S. bank denied pay and promotions available to men and tolerated an "unapologetically sexist" workplace. The complaint filed on Friday in federal court in Chicago by Michal Leavitt is the latest in a long line of lawsuits accusing big U.S. banks of bias against women. Leavitt said Wells Fargo's practice of steering larger accounts toward men in its financial institutions group cost her up to one-third of her potential pay, and forced her to wait nine years for a promotion to director from vice president.
6 days ago - BloombergUS Bank Reserve Balances See Largest Drop Since 2022 Tax SeasonThe amount of reserves in banking system — a key determinant for the Federal Reserve to continue shrinking its balance sheet — dropped by the most in two years as Americans paid income tax bills out of their bank accounts.
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