U.S. Bancorp (USB) has announced multiple key details about quite a number of its financial activities recently. The firm announced the schedule of both its fourth quarter earnings conference calls and its Q4 2024 earnings call on January 16th, led by the CEO and CFO. There have been recent activities in the stocks, with the likes of Everence Capital Management holding $2.06 million in USB shares and a high volume of call options also being purchased by investors. The corporation's share prices have also seen numerous ratings, with DA Davidson upgrading it to 'Buy' from 'Neutral', while Oppeheimer has reduced the price target to $62 from $66.
U.S. Bancorp also announces plans for a major overhaul in its payments business leadership and structure. The bank recently announced a $5 billion common stock repurchase program alongside a boost to its quarterly dividend. With respect to its financial performance, U.S Bancorp's Q3 earnings for 2024 topped expectations with a 12.5% net income growth.
US Bancorp USB News Analytics from Sat, 04 May 2024 07:00:00 GMT to Sat, 04 Jan 2025 09:10:13 GMT - Rating 5 - Innovation 2 - Information -5 - Rumor -1
