OneAscent Wealth Management LLC has taken a position in
U.S. Bancorp (USB). The question arises whether USB is undervalued after its annual growth update as
Harvest Portfolios Group Inc. and
Resona Asset Management Co. Ltd. both increase their stake in the company. Meanwhile, investors react to USB’s launch of automatic pay-over-time credit cards and expanded advisory partnerships.
TD Cowen uplifted the PT on USB stocks following strong Q3 results and fresh product launches, like Split™ World Mastercard®. Over half a million shares of USB are purchased by
Equity Investment Corp..
USB's Q3 earnings reflect record revenue and strong EPS growth. The bank also sees a surge in earnings of 32.9%, reinforcing bullish narratives. The bank launched a new Mastercard with flexible payment options, topping Q3 earnings and revenue estimates. Numerous other firms have increased their stake in USB, including
Achmea Investment Management B.V. and
South Dakota Investment Council. While USB navigates legal scrutiny amid its digital transformation, its Q3 earnings display strong net interest margin expansion and fee income growth.
BNP PARIBAS ASSET MANAGEMENT also holds a substantial stake. Given its dividend hike and digital asset custody initiatives, many forecast a positive outlook for the bank despite recent price volatility.
US Bancorp USB News Analytics from Tue, 24 Jun 2025 07:00:00 GMT to Sat, 08 Nov 2025 14:08:55 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor -2
