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April 15, 2024


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About the Company

U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. As of 2019, it had 3,106 branches and 4,842 automated teller machines, primarily in the Western and Midwestern United States. In 2023 it ranked 149th on the Fortune 500, and it is considered a systemically important bank by the Financial Stability Board. The company also owns Elavon, a processor of credit card transactions for merchants, and Elan Financial Services, a credit card issuer that issues credit card products on behalf of small credit unions and banks across the U.S.U.S. Bancorp operates under the second-oldest continuous national charter, originally Charter #24, granted in 1863 following the passage of the National Bank Act. Earlier charters have expired as banks were closed or acquired, raising U.S. Bank's charter number from #24 to #2. The oldest national charter, originally granted to the First National Bank of Philadelphia, is held by Wells Fargo, which was obtained upon its merger with Wachovia.

Sector

Finance

Industry

Savings Institution, Federally Chartered

Employees

50

Exchange

Nasdaq

$28M

Total Revenue

50

Employees

$55M

Market Capitalization

19.97

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $IROQ News

Origin Bancorp Inc OBK

4d ago, source: Morningstar

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings ...

New York Community Bancorp reinforces executive team

18h ago, source: GlobalData on MSN

With immediate effect, New York Community Bancorp has added four eminent professionals to its leadership team. The company's ...

Customers Bancorp

4d ago, source: Forbes

About Customers Bancorp Customers Bank is a subsidiary of Customers Bancorp, Inc., a bank holding company located in Malvern, Pennsylvania. The voting common shares of Customers Bancorp ...

New York Community Bancorp Bolsters Executive Team with Four Strategic Appointments

19h ago, source: ABL Advisor

New York Community Bancorp appointed four distinguished leaders to its executive management team, effective immediately. These strategic appointments signify the Company's commitment to enhancing its ...

What We Learned From Big Bank Earnings on Friday

on MSN ago, source:

Net interest income slid at large U.S. banks in the first quarter, after the Fed hit pause on interest rate hikes last year.

new york community bancorp inc.

3d ago, source: Fox Business

New York Community Bank's incoming CEO said Thursday he's planning to present a new business plan in late April after NYCB got a $1 billion lifeline from investors. Troubled regional lender New ...

Bank objects to paying $13K to repossess vehicle from Harrisburg Parking Authority in lawsuit

22h ago, source:

The vehicle racked up 94 parking tickets totally around $8k, and the tow lot is asking for $4k more in storage fees.

Bank of America, Morgan Stanley And 3 Stocks To Watch Heading Into Tuesday

1h ago, source:

With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: ...

FDIC Releases Plans If Wall Street Bank Collapses

17h ago, source: Banking Exchange

Regulators have faced mounting pressure to strengthen their preparedness following the Silicon Valley Bank crash The Federal ...

Bank alleges Tommy’s Boats defaulted on $115M in loans, seeks court-appointed receiver

12h ago, source: crainsgrandrapids

The lender for a West Michigan boat dealer is seeking a court-appointed receiver over its assets, alleging the company has ...

Stellar Bancorp Inc Registered Shs hosts conference call for investors

3d ago, source:

The company, Stellar Bancorp Inc Registered Shs, is set to host investors and clients on a conference call on 4/26/2024 11:16:53 AM. The call ...

What Bank Executives Are Saying About the US Economy in Earnings Calls

on MSN ago, source:

JPMorgan CEO Jamie Dimon and executives of other banks cautioned in earnings calls Friday that while the economy has remained ...

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