U.S. Bancorp (USB) experiences a major flux in its stock holdings as various investment firms and wealth management entities increase, decrease, or acquire new positions in the banking giant. The consistent shift, involving multi-million dollar investments, indicates a substantial interest in the USB shares. Furthermore, USB is expecting a healthy rise in its earnings, with Wall Street analysists predicting a positive outlook. Promisingly, USB gets a consensus rating of
Moderate Buy from brokerages. The firm is expecting to see significant growth in their net interest income in 2025, despite regulatory capital goals potentially limiting the pace of share buybacks. In addition, USB recently declared its Q4 dividend, demonstrating its commitment to maintaining a strong dividend program. Despite higher expenses predicted to affect its Q4 earnings, rise in non-interest income is expected to mitigate this effect. However, the latest full-year earnings have fallen short of expectations, triggering slight uncertainties. Meanwhile, senior executive transactions and change in key positions, including the promotion of President Gunjan Kedia to CEO, suggest strategic shifts within the firm’s management.
US Bancorp USB News Analytics from Fri, 13 Sep 2024 07:00:00 GMT to Sat, 08 Mar 2025 16:57:01 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor 2
