CIBC Asset Management Inc acquired additional 38,258 shares of
US Bancorp (NYSE:USB) while
Huntington National Bank,
Zions Bancorporation N.A., and
Sumitomo Mitsui Trust Group Inc. have also significantly increased their holdings. However, notable shares of the bank were sold by
Cornercap Investment Counsel Inc,
Haverford Trust Co, and
Aigen Investment Management LP among others.
US Bancorp has shown both underperformance and outperformance compared to its competitors on different days. Despite rate risks, the bank's
Series A Preferred is deemed a good buy. Through SWOT analysis, USB stock is expected to grow amidst challenges.
Wells Fargo & Company analysts foresee a rise in the bank's stock price.
US Bancorp has planned leadership and structural changes for its payments business and has recently announced a
$5 billion stock repurchase program. The bank's Q3 earnings outperformed estimates, showing strong profitability.
US Bancorp is favored by institutional owners who hold 80% of the company.
US Bancorp USB News Analytics from Tue, 18 Jun 2024 07:00:00 GMT to Sat, 16 Nov 2024 12:07:20 GMT -
Innovation 4
- Rumor 2
