US Bancorp (USB) has garnered significant attention from different market players. Multiple holdings companies, such as
AlphaQuest LLC,
Daiwa Securities Group Inc., and
Natural Investments LLC, increased their positions in USB. Other organizations like
Davis Selected Advisers and
Victory Capital Management Inc. have reduced their stock holdings. It is pleasant to note that USB retains a high
dividend program of
$2.00 annually for 2025, and also set regular dividends for shareholders. The company's
ethical leadership has outperformed the market by 7.8%. The appointment of
Gunjan Kedia as the new CEO in mid-April signifies a significant executive move. USB's Q4 earnings surpassed Wall Street expectations, further solidifying their market position. Despite higher expenses hurting their Q4 earnings, the company anticipates fee-based momentum after a year of ‘Uncertainty’. The bank projects a
3% Net Interest Income Growth in 2025. However, regulatory capital goals may limit share buyback pace. USB remains a strong long-term dividend stock to invest in.
US Bancorp USB News Analytics from Tue, 24 Sep 2024 07:00:00 GMT to Sun, 16 Mar 2025 00:16:09 GMT -
