U.S. Bancorp recorded a rise in second-quarter profit despite soft interest income. Barclay's maintains a buy rating on the bank, Foundry Partners have invested in U.S. Bancorp, and its shares have been upgraded to a strong buy by Raymond James. Earnings for Q2 surpassed expectations, it has also presented a Q3 outlook. Multiple stakeholders in the finance industry, such as Kingsview Wealth Management and Cable Hill Partners, have adjusted their stock positions. Bank of America and HSBC have both lifted their price targets on U.S. Bancorp. The bank reveals solid financial results for Q2 2025 with an EPS growth standing at 13%. This robust performance owes in part to strategic repositioning, improving net interest income, and to a shrink in bad loan provisions. The bank has also shown resilience as a consistent dividend payer despite a drop in shares on Q3 guidance concerns. The bank is making strides in innovation, announcing expanded embedded payment solutions for businesses. However, caution remains due to potential impact of rate pressures and operational leverage.
US Bancorp USB News Analytics from Fri, 17 Jan 2025 08:00:00 GMT to Sat, 19 Jul 2025 14:41:50 GMT - Rating 8 - Innovation 5 - Information 9 - Rumor 6
