U.S. Bancorp (USB) is set to release its Q1 2025 earnings, with Wall Street expecting growth. Aviva PLC and KCM Investment Advisors LLC have reduced their stakes and the bank's vice chair was reportedly onboard a crashed plane. Its share value soared by 8.0%. There seems to be a changing of guard at the top level of the firm with president Gunjan Kedia promoted to CEO. U.S. Bancorp is slated to maintain a robust annual dividend program for 2025. However, its stock experienced a 10% slip over a week due to stress of global trade. Major financial news includes State Farm launching personal loans of up to $50K through U.S Bank. The bank saw major movements in shareholding with firms like APG Asset Management, Cerity Partners, and Bank of Montreal substantially boosting their stakes, while ExodusPoint Capital Management and Clarkston Capital Partners reduced their shares. In a critical update, U.S Bancorp lowers its price target to $56 from $62 via Wells Fargo. Analysts are optimistic but urge caution amid challenges.
US Bancorp USB News Analytics from Tue, 24 Sep 2024 07:00:00 GMT to Fri, 11 Apr 2025 17:19:10 GMT -
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- Information 8
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