|Bid||19.90 x 1000|
|Ask||20.48 x 1400|
|Day's range||19.81 - 19.98|
|52-week range||13.26 - 23.14|
|Beta (5Y monthly)||1.18|
|PE ratio (TTM)||5.15|
|Forward dividend & yield||0.88 (4.46%)|
|Ex-dividend date||29 Jun 2020|
|1y target est||N/A|
Many bank stocks, including some of the largest U.S. banks by asset value, lost more than 30% of their value during the first half of 2020. During that time, Truist's shares were down by 33.3%, PNC's share price fell 34.1%, and U.S. Bancorp's shares tumbled 37.9%, according to data provided by S&P Global Market Intelligence.
Buying dividend stocks comes with a number of advantages. Additionally, dividend income can help to partly hedge the inevitable stock market corrections that crop up from time to time. Dividends can also be reinvested via a dividend reinvestment plan (DRIP) to compound your wealth.
U.S. Bancorp (NYSE: USB) today commented on the results of the Federal Reserve’s 2020 Dodd-Frank Act stress tests and related Comprehensive Capital Analysis and Review (CCAR).
U.S. Bank announced leadership changes designed to further enhance client focus and speed to market in its Corporate & Commercial Banking business.
U.S. Bancorp (NYSE: USB) today disclosed the results of its company-run Dodd-Frank Act Stress Test ("DFAST") conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Veteran wealth management leader Beth Lawlor recently joined U.S. Bank as president, Private Wealth Management. The Private Wealth Management division provides industry-leading products and services to the company’s high net worth clients.
U.S. Bancorp (NYSE: USB) will release its second quarter 2020 earnings results before the market opens on Wednesday, July 15. At 8 a.m. CT, Chairman, President and Chief Executive Officer Andy Cecere and Vice Chair and Chief Financial Officer Terry Dolan will host a conference call to review the financial results. The conference call will be available online or by telephone.
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.42 per common share, payable July 15, 2020, to stockholders of record at the close of business on June 30, 2020. At this quarterly dividend rate, the annual dividend is equivalent to $1.68 per common share.
U.S. Bank announced today that it will close its offices and branches at 1 p.m. local time on Friday, June 19 in recognition of Juneteenth.
Despite this past week's pullback, bank stocks have been on a nice run as of late, buoyed by the gradual reopening of state economies and people getting back to work. Bank of America is an excellent company that is well-run, well-diversified, and well capitalized, with a common equity tier 1 capital ratio (CET1) of 10.8% and $699 billion in liquidity sources -- an increase over the first quarter of last year.
U.S. Bank National Association today announced the redemption on June 24, 2020, of all its outstanding 3.05% Senior Notes due July 24, 2020 (CUSIP No. 90331HNU3) and Floating Rate Senior Notes due July 24, 2020 (CUSIP No. 90331HNW9). The redemption price for each of the Senior Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date of June 24, 2020.
U.S. Bank has introduced two new innovative features for freight carriers using its proprietary U.S. Bank Freight Payment platform.
In response to the George Floyd tragedy and the resulting protests and civil unrest throughout the United States, U.S. Bank today announced several investments and initiatives to bridge social and economic gaps and enhance opportunity for people of color.
U.S. Bancorp (NYSE: USB) announced today that Chairman, President and Chief Executive Officer Andy Cecere along with Vice Chair and Chief Financial Officer Terry Dolan will present at the Morgan Stanley Financials Conference held virtually at 10:15 a.m. EDT on Wednesday, June 10.
This summer will start against a backdrop of unprecedented uncertainty, so investors looking to add to their portfolios will want to focus on rock-solid companies like these.
While merger and acquisition (M&A) activity will likely pause in the banking industry until the economy rebounds and there is less uncertainty about credit quality, the wave that resulted in roughly 5% of industry consolidation in 2019 shows no signs of slowing. Here are five large regional banks well-positioned to make a move.
In this edition of Industry Focus: Wildcard, host Jason Moser and Fool.com contributor Matt Frankel start by discussing recent stock price action in the banking industry, and why some banks, like M&T Bank (NYSE: MTB) and Ameris Bancorp (NASDAQ: ABCB), are underperforming peers. Then, the pair dives into StoneCo (NASDAQ: STNE) earnings and discusses some positive surprises in the real estate market. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
Two stocks in particular that still look incredibly attractive are U.S. Bancorp (NYSE: USB) and Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). U.S. Bancorp is usually one of the most expensive bank stocks in the market in terms of the share price as a multiple of its book value. U.S. Bancorp is one of the most profitable and efficient banks in the United States.
Healthpeak Properties (NYSE: PEAK) is a real estate investment trust (REIT), and so it has to pay at least 90% of its income out as dividends. In its first-quarter results, which it released on May 5, Healthpeak's financials still looked strong for the period ending March 31. FFO is what investors normally look at when evaluating a REIT as it more accurately reflects its performance than net income normally would.
In other words, this bear market is an opportunity to secure your financial freedom by putting your money to work in great businesses. Here are five top stocks that can help you in your quest for financial independence. One recipe for financial freedom is to load your portfolio with companies that offer game-changing potential.
U.S. Bancorp (NYSE: USB) announced today that Chairman, President and CEO Andy Cecere along with Vice Chair and Chief Financial Officer Terry Dolan will present at the Bernstein Strategic Decisions Conference held virtually on Thursday, May 28, 2020 at 1:00 p.m. (ET).
With that in mind, here's why I bought U.S. Bancorp (NYSE: USB), Planet 13 Holdings (OTC: PLNH.F), and Simon Property Group (NYSE: SPG) in recent weeks as the pandemic continues. At the start of 2020, the stock traded for roughly double its book value, which is actually par for the course for U.S. Bancorp.