U.S. Bancorp's (NYSE:USB) stock received an upgrade from Wall Street Zen. Various asset management firms including Teewinot Capital Advisers, Parkwood LLC, and Tidal Investments LLC increased their stakes in USB while others decreased. Amid many transactions, a noticeable partnership expansion with Gonzaga University allowed for a new debit card design.
USB's disciplined expenses and positive operating leverage have been well received. Despite a Q4 2024 earnings miss, their Q1 2025 earnings and revenue surpassed estimates, which boosted their share value with stock being seen as a great dividend option. There has been significant leadership restructuring with Gunjan Kedia set to become USB's first female CEO. Yet, despite these positive developments, the stock has witnessed volatility, at times plummeting drastically.
USB maintains a strong annual dividend program, committed to a $2.00 program for 2025. Investors are advised to hold for the long term due to strong performance and favorable analyst outlook.
US Bancorp USB News Analytics from Wed, 30 Oct 2024 07:00:00 GMT to Sat, 24 May 2025 16:33:15 GMT -
Rating 7
- Innovation 0
- Information 7
- Rumor 2
