U.S. Bancorp (USB) has set a new 52-week low, however, the financial performance reflects solid results and dividends, making it an attractive buy especially at its undervalued rate. Positive operating leverage, higher fees and lower costs, coupled with improved card delinquencies, saw Q1 2025 profits climb. The bank's shares have been purchased by numerous entities including Becker Capital Management and The Manufacturers Life Insurance Company. Additionally, a price target has been issued by Oppenheimer that suggests promising stock price growth. Multiple Institutional investors like Oxford Asset Management and Integrated Wealth Concepts have increased their holdings. The first female CEO, Gunjan Kedia, will take on the leadership role from Mid-April 2025. An all-in-one spend management platform for business cards has been unveiled. Q1 results beat estimates largely due to a rise in non-interest income. The Wall Street outlook for the U.S Bancorp is bullish, despite tariff concerns. The bank also ranked as the 5th largest payment processor through its subsidiary Elavon with annual processing worth $576B. The stock outlook remains positive amid shares acquisition by several investment firms.
US Bancorp USB News Analytics from Wed, 30 Oct 2024 07:00:00 GMT to Sat, 03 May 2025 12:37:57 GMT -
Rating 7
- Innovation -3
- Information 8
- Rumor 4
