U.S. Bancorp (USB) stock has been underperforming the financial sector, experiencing some insensitive selling and buying activities from different organizations. Analysts display a mixed sentiment towards the stock's performance, but in light of this, the company managed to declare
quarterly dividends of $0.49. Unfortunately, investors in USB are reported to have experienced considerable losses if they invested a year or three years ago due to declining revenues. Despite this, strong
institutional backing with 79% ownership stands out. Furthermore,
U.S. Bancorp's Q1 2024 earnings beat estimates and showed promising signs. Regardless of the mixed results, the bank's stock performance is reassessed, with some noting possibilities for a rebound. Apart from financials,
Gunjan Kedia, the President of US Bancorp and U.S. Bank, stands in the company's leadership team.
US Bancorp USB News Analytics from Sun, 05 Nov 2023 07:00:00 GMT to Sun, 23 Jun 2024 15:49:19 GMT -
Rating -2
- Innovation -5
- Information 5
- Rumor -3
