U.S. Bancorp (N:USB)

Business Focus: Banks

Oct 17, 2019 10:00 am ET
U.S. Bank Announces New eBill Service Offering Simplicity, Speed, and Flexibility in Bill Payments
U.S. Bank today announced eBill Service, a simple-to-use electronic bill presentment and payment solution designed for both billers and payers.
Oct 16, 2019 06:45 am ET
U.S. Bancorp Reports Third Quarter 2019 Results
U.S. Bancorp reported its third quarter 2019 results today. The earnings release, business line schedules and slide presentation can be accessed online at ir.usbank.com or by clicking the links below.
Oct 04, 2019 12:38 pm ET
U.S. Bank Celebrates 2019 Most Powerful Women in Banking Honorees
Mentorship, growth and embracing challenge underscore the headline this week that several U.S. Bank women were among the 2019 class of the Most Powerful Women in Banking, as celebrated by American Banker at a gala in New York City last night.
Oct 02, 2019 09:19 am ET
U.S. Bank Joins the U.S. Department of Treasury’s Bureau of the Fiscal Service Mentor-Protégé Program
U.S. Bank will mentor First Independence Bank, a minority-owned community bank in Detroit, Mich., as part of the Bureau of the Fiscal Service Mentor-Protégé Program sponsored by the U.S. Department of Treasury. During the three-year commitment, U.S. Bank will provide guidance and insight to First Independence Bank as it strives to become a provider of financial services to the Department of Treasury.
Sep 27, 2019 09:27 am ET
U.S. Bank Named a 2019 ‘Leading Disability Employer’ by National Organization on Disability
U.S. Bank is named among 59 organizations as a 2019 NOD Leading Disability Employer™ by The National Organization on Disability (NOD). Now in its fourth year, the NOD Leading Disability Employer Seal recognizes companies that demonstrate exemplary employment practices for people with disabilities. The annual recognition is designed to applaud those organizations that are leading the way in disability hiring and encourage additional companies to tap into the many benefits of hiring talent with disabilities, including strong consumer preference for companies that employ individuals with disabili
Sep 26, 2019 09:48 am ET
U.S. Bank Invests $8.2 Million in Community Possible Grants Focused on Workforce Readiness, Small Business and Financial Wellness
Through its Community Possible giving and engagement platform, focused on the areas of Work, Home and Play, U.S. Bank announces $8.2 million in Work grant investments. Funding supports several nonprofits across the country focused on workforce readiness, small business growth and financial wellness.
Sep 23, 2019 01:39 pm ET
U.S. Bank Signs Agreements With Top Data Aggregators and Fintechs, Bolstering API Efforts
U.S. Bank has made agreements with seven leading data aggregator and fintech companies to make it easier, faster and more secure for customers to connect their U.S. Bank account information with third party applications.
Sep 18, 2019 05:35 pm ET
U.S. Bank Decreases Prime Lending Rate to 5.00 Percent from 5.25 Percent Effective September 19, 2019
U.S. Bancorp (NYSE:USB) announced it has decreased its prime lending rate to 5.00 percent from 5.25 percent, effective tomorrow, September 19, 2019, at all U.S. Bank locations.
Sep 18, 2019 01:00 pm ET
U.S. Bancorp Announces Third Quarter Earnings Conference Call Details
U.S. Bancorp (NYSE: USB) will release its third quarter 2019 earnings results before the market opens on Wednesday, October 16. At 8:30 a.m. CDT, Chairman, President and Chief Executive Officer Andy Cecere along with Vice Chairman and Chief Financial Officer Terry Dolan will host a conference call to review the financial results. The conference call will be available online or by telephone.
Sep 18, 2019 09:00 am ET
U.S. Bank Announces Redemption of Senior Notes
U.S. Bank National Association today announced the redemption on September 28, 2019, of all its outstanding 2.125% Senior Notes due October 28, 2019 (CUSIP No. 90331HML4) and Floating Rate Senior Notes due October 28, 2019 (CUSIP No. 90331HMM2). The redemption price for each of the Senior Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date of September 28, 2019.
Sep 17, 2019 11:13 am ET
Elavon Names Joe Myers Chief Revenue Officer and President of Elavon North America
Joe Myers, a 20-year veteran in global sales and financial services, has been named chief revenue officer and president of Elavon North America. Myers has been with Elavon since 2011, most recently leading the sales division in North America.
Sep 17, 2019 11:00 am ET
U.S. Bancorp Announces a 13.5 Percent Increase in Quarterly Common Stock Dividends
The Board of Directors of U.S. Bancorp (NYSE: USB) has approved a 13.5 percent increase in the dividend rate on U.S. Bancorp common stock to $0.42 on a quarterly basis, payable October 15, 2019, to stockholders of record at the close of business on September 30, 2019. At this quarterly dividend rate, the annual dividend will be equivalent to $1.68 per common share.
Sep 16, 2019 01:00 pm ET
U.S. Bancorp Provides Schedule for 2020 Earnings Conference Calls
U.S. Bancorp (NYSE: USB) will host conference calls to review quarterly financial results on the following dates:
Sep 09, 2019 03:30 pm ET
U.S. Bank Acquires talech, Gains Digital Capabilities as It Transforms Its Business for the Future
U.S. Bank has acquired talech, a Palo Alto-based software company that helps small and medium-sized businesses simplify operations and make better decisions through an integrated point-of-sale system. This acquisition is one of the many ways U.S. Bank is increasing its digital expertise to provide value when and where customers interact with technology.
Sep 05, 2019 10:30 am ET
U.S. Bank Hires Eric Sanderson to Lead Family Office Services for Ascent Private Capital Management
U.S. Bank Wealth Management has named Eric Sanderson as Senior Managing Director of Family Office Services for Ascent Private Capital Management, the company’s family office advisory and wealth management business for ultra-high net worth clients.
Sep 04, 2019 12:00 pm ET
U.S. Bank Receives "Outstanding" Community Reinvestment Act Rating
U.S. Bank announced today that it has received the highest rating, “Outstanding,” for its recent Community Reinvestment Act (CRA) examination from the Office of the Comptroller of the Currency (OCC). The examination period was January 1, 2012 throu
Aug 22, 2019 10:00 am ET
U.S. Bancorp to Host Investor Day
U.S. Bancorp (NYSE: USB) will host an Investor Day in New York City on Thursday, September 12, 2019. Presentations will be given by Chairman, President and Chief Executive Officer Andy Cecere and members of U.S. Bancorp’s management team. Attendance in person is by invitation only to institutional investors and analysts. Presentations are expected to begin at 8:30 a.m EDT and is expected to conclude at 2:30 p.m. EDT.
Aug 20, 2019 02:00 pm ET
New U.S. Bank Mobile App Delivers 100 Million Insights, Adds Dozens of New Features and Now Available on Android
U.S. Bank announced dozens of new features today that are available in the rebuilt U.S. Bank mobile app, including a Spanish language option – a first for U.S. Bank – and availability on Android devices.
Aug 12, 2019 02:40 pm ET
U.S. Bank Announces Partnership With Kane Brown as an Ambassador for Its Music Made Possible Series
U.S. Bank today announces its official partnership with Kane Brown, an American country music singer on a continuation of its Music Made Possible series with the CMA Foundation. Music Made Possible is a joint effort to support musical education opportunities in schools and nonprofit organizations where there is the greatest need.
Jul 31, 2019 06:00 pm ET
U.S. Bank Decreases Prime Lending Rate to 5.25 Percent from 5.50 Percent Effective August 1, 2019
U.S. Bancorp (NYSE:USB) announced it has decreased its prime lending rate to 5.25 percent from 5.50 percent, effective tomorrow, August 1, 2019, at all U.S. Bank locations.
Jul 25, 2019 08:00 am ET
U.S. Bank and Intuit Agreement Makes It Simpler for Customers to Share Information Between Applications
U.S. Bank and Intuit, the maker of TurboTax, QuickBooks and Mint, announced today the two companies have entered into an agreement that will give customers better access and even greater control of their financial data.
Jul 24, 2019 10:29 am ET
U.S. Bank Freight Payment Index Showed Evidence of a Rebalance From Q1, but Year-over-year Remains Down
The U.S. Bank Freight Payment Index, a quarterly analysis of freight shipment volumes and spend by companies shipping goods, revealed better-than-expected spending and shipping growth for the second quarter of 2019, while shipment rates continue to moderate compared to 2018. This data po
Jul 22, 2019 11:00 am ET
U.S. Bank Enters Co-brand Agreement With BMW to Issue New Cards With Enhanced Digital Experiences, Greater Value to Customers
U.S. Bank, the fifth-largest bank in the United States, has entered into a co-brand agreement with BMW Financial Services NA, LLC to issue credit cards that will deliver enhanced digital experiences and greater value to BMW, MINI and BMW Motorrad enthusiasts. U.S. Bank has also acquired the existing credit card portfolio from BMW Bank of North America, LLC, as part of this agreement.
Jul 22, 2019 08:00 am ET
Leadenhall Capital Partners LLP Transfers Depositary Services to U.S. Bank
U.S. Bank Depositary Services was recently named depositary services provider for the Leadenhall UCITS ILS Fund PLC. In this role, U.S. Bank provides core depositary services of asset safekeeping, fiduciary oversight and cash monitoring to Leadenhall Capital Partners LLP.
Jul 18, 2019 09:24 am ET
U.S. Bank Named One of the Best Places to Work for Disability Inclusion
U.S. Bank scored 100 on the Disability Equality Index (DEI) and has been named a “Best Place to Work for Disability Inclusion” by the American Association of People with Disabilities (AAPD) and Disability:IN. This is the second time U.S. Bank has been recognized for its efforts to ensure an inclusive workplace for people with disabilities.
Jul 17, 2019 06:45 am ET
U.S. Bancorp Reports Second Quarter 2019 Results
U.S. Bancorp reported its second quarter 2019 results today. The earnings release, business line schedules and slide presentation can be accessed online at ir.usbank.com or by clicking the links below.
Jul 16, 2019 09:00 am ET
U.S. Bank Invests $1 Million with the National Museum of African American History and Culture
“Honoring and celebrating African American culture is an important part of American history,” said Andy Cecere, Chairman, President and CEO of U.S. Bank. “At U.S. Bank, we are committed to diversity, equity and inclusion and the arts - which brings us closer together and strengthens our communities. Through this support of the National Museum, we hope these historical stories and rich cultural experiences will continue to inspire many for generations.”
Jul 10, 2019 01:30 pm ET
U.S. Bank Names New Global Chief Communications Officer
U.S. Bank announced today that David Palombi will be joining the company this month as global chief communications officer, reporting to Vice Chairman and Chief Administrative Officer Kate Quinn. In his new role, Palombi will lead the company’s public affairs and communications efforts, overseeing internal and external communications, reputation management, and government relations.
Jun 27, 2019 04:34 pm ET
U.S. Bancorp Receives No Objection to Its 2019 Capital Plan; Includes a Dividend Increase of 13.5 Percent
U.S. Bancorp (NYSE: USB) (“the Company”) today announced that the Federal Reserve Board did not object to its 2019 capital plan following its annual assessment of the Company’s Comprehensive Capital Analysis and Review (CCAR).
Jun 27, 2019 11:00 am ET
U.S. Bank Names Joshua Shade Arizona Market President
U.S. Bank announced today that Joshua Shade has been named Arizona market president. In this role, Shade will lead the market in company-wide efforts and activities and direct commercial banking in Arizona. He succeeds Brian Schwallie who was recently promoted to the role of head of Commercial Deposits & Payments Solutions.
Jun 24, 2019 08:00 am ET
Inworks and U.S. Bank Join Forces to Improve Payment Automation, Provide Greater Access to Working Capital for Hospitals and Healthcare Systems
Inworks, a full-service AP automation company, and U.S. Bank are working together to help hospitals and healthcare systems improve processing payments to suppliers, physicians, insurance companies and patients. This collaboration will deliver financial technology that simplifies business-to-business healthcare payments, creating new efficiencies and improving access to working capital for hospitals and healthcare companies.
Jun 21, 2019 04:49 pm ET
U.S. Bancorp Releases 2019 Dodd-Frank Act Stress Test Results
U.S. Bancorp (NYSE: USB) (“the Company”) today disclosed the results of its company-run Dodd-Frank Act Stress Test (“DFAST”) conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Jun 20, 2019 10:18 am ET
U.S. Bancorp to Be Honored by Women's Forum of New York for Advancing Gender Parity in the Boardroom
U.S. Bancorp will be recognized by the Women’s Forum of New York at its Breakfast of Corporate Champions on November 7 for achieving at least 30 percent female board representation. This benchmark biennial event brings together more than 600 thought leaders and change-makers, including CEOs, Board Directors and government officials, in support of one shared goal – achieving 50/50 gender parity in the boardroom by 2025.
Jun 18, 2019 01:21 pm ET
U.S. Bancorp Announces Quarterly Dividends
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.37 per common share, payable July 15, 2019, to stockholders of record at the close of business on June 28, 2019. At this quarterly dividend rate, the annual dividend is equivalent to $1.48 per common share.
Jun 12, 2019 10:00 am ET
U.S. Bank Invests in Communities with $6 Million in Community Possible Grants
Through its Community Possible giving and engagement platform, focused on the areas of Work, Home and Play, U.S. Bank kicks-off its 2019 grant making with $6 million in Play investments to fund recreational spaces, arts and culture initiatives. Last year, U.S. Bank invested $25 million in total corporate contributions and grants to fund Play in the communities it serves.
Jun 12, 2019 09:00 am ET
U.S. Bancorp Investments Survey: Majority Looking to Invest, but Awareness of Accessible Options Lags Behind
U.S. Bancorp Investments today shared the results of a recent national survey** of consumers that examined their investing perceptions with results showing a need for greater awareness of accessible investing options. Among key findings, more than half of respondents (54 percent) indicated they wanted to invest or make changes to their investments but didn’t know how, and nearly three out of four (72%) replied that they didn’t believe they had the time or the money to spend on professional advice.
Jun 06, 2019 10:30 am ET
Regions Bank Renews Alliance with Elavon
Elavon, a leading global payments provider, and Regions Bank have agreed to extend their long-standing relationship to continue offering innovative and secure payment solutions to Regions’ business customers.
Jun 05, 2019 04:00 pm ET
U.S. Bank Receives $70 Million in Tax Credit Allocations
U.S. Bancorp Community Development Entity, LLC (USBCDE), the community development arm of U.S. Bank, received $70 million in tax credit allocations from the U.S. Department of Treasury to help address persistent gaps in economic outcomes in lower-income communities. The $70 million allocation is part of the $3.5 billion New Market Tax Credit (NMTC) Program from the Treasury.
Jun 05, 2019 01:00 pm ET
U.S. Bancorp to Speak at the Morgan Stanley Financials Conference
U.S. Bancorp (NYSE: USB) announced today that Chairman, President and Chief Executive Officer Andy Cecere along with Vice Chairman and Chief Financial Officer Terry Dolan will present at the Morgan Stanley Financials Conference at 10:15 a.m. EDT on Wednesday, June 12, in New York City.
Jun 05, 2019 11:00 am ET
U.S. Bancorp Announces Second Quarter Earnings Conference Call Details
U.S. Bancorp (NYSE: USB) will release its second quarter 2019 earnings results before the market opens on Wednesday, July 17. At 8:30 a.m. CDT, Chairman, President and CEO Andy Cecere along with Vice Chairman and Chief Financial Officer Terry Dolan will host a conference call to review the financial results. The conference call will be available online or by telephone.
Jun 03, 2019 10:05 am ET
U.S. Bank Leader Ankit Bhatt Named Digital Banker of the Year
Ankit Bhatt of U.S. Bank was named Digital Banker of the Year today by American Banker. The publication noted numerous factors in determining the award, including many positive leadership traits, a score of achievements and an ability to successfully build products that put customers first.
May 23, 2019 02:56 pm ET
U.S. Bancorp to Speak at the Bernstein Annual Strategic Decisions Conference
U.S. Bancorp (NYSE: USB) announced today that Chairman, President and CEO Andy Cecere along with Vice Chairman and Chief Financial Officer Terry Dolan will present at the Bernstein Annual Strategic Decisions Conference at 1 p.m. ET on Thursday, May 30, in New York City.
May 21, 2019 02:49 pm ET
U.S. Bancorp to Speak at the Deutsche Bank Global Financial Services Conference
U.S. Bancorp (NYSE: USB) announced today that Vice Chairman of Payment Services Shailesh Kotwal will present at the Deutsche Bank Global Financial Services Conference at 10:15 a.m. ET on Tuesday, May 28, in New York City.
May 15, 2019 09:00 am ET
U.S. Bank Revolutionizes Home Borrowing Experience
U.S. Bank welcomes spring with the launch of a comprehensive suite of industry-leading digital tools that will benefit homeowners – simple, smart and secure digital applications for home mortgages, home equity loans and home equity lines of credit, or HELOCs.
May 10, 2019 10:40 am ET
U.S. Bancorp to Speak at the Barclays Americas Select Franchise Conference 2019
U.S. Bancorp (NYSE: USB) announced today that Andy Cecere, chairman, president and chief executive officer, and Terry Dolan, vice chairman and chief financial officer, will present at the Barclays Americas Select Franchise Conference 2019. The presentation will begin at 1:30 p.m. BST (8:30 a.m. EDT) on Tuesday, May 14, 2019, in London, UK.
May 08, 2019 03:30 pm ET
U.S. Bank Named to DiversityInc’s Top 50 Companies for Diversity List
U.S. Bank has been named to DiversityInc’s Top 50 Companies for Diversity List. Since 2001, the list has recognized companies for their exceptional commitment to diversity and inclusion. The list has evolved significantly since its inception, reflecting how rapidly companies are adap
Apr 24, 2019 09:40 am ET
U.S. Bank Freight Payment Index reflects mixed results in Q1, moderation after record levels in 2018
The U.S. Bank Freight Payment Index, a quarterly analysis of freight shipment volumes and spend by companies shipping goods, revealed mixed results for the first quarter of 2019 and moderation after record highs in 2018.
Apr 22, 2019 11:00 am ET
U.S. Bank Adding Retail Banking to Charlotte Presence in 2019
In fall 2019, U.S. Bank will expand its retail banking presence to a new state with the opening of its first branch in Charlotte, N.C. Retail banking expansion complements an already strong U.S. Bank presence in Charlotte, which is home to roughly 800 employees across several business areas, including Corporate & Commercial Banking, Investment Services, Risk & Compliance and Mortgage.
Apr 17, 2019 06:45 am ET
Apr 15, 2019 11:30 am ET
U.S. Bank Announces Hiring of Derek White as Chief Digital Officer
U.S. Bank announced today that the company has hired veteran digital leader and innovator, Derek White, as chief digital officer responsible for leading the company’s newly combined digital team. White will report to U.S. Bank chairman, president and CEO Andy Cecere and be a member of the company’s Managing Committee.
Apr 12, 2019 09:00 am ET
U.S. Bank Announces Redemption of Senior Notes
U.S. Bank National Association, a subsidiary of U.S. Bancorp, today announced the redemption on April 24, 2019, of all its outstanding Floating Rate Senior Notes due May 24, 2019 (CUSIP No. 90331HNE9). The redemption price for each of the Senior Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date of April 24, 2019.
Apr 04, 2019 11:40 am ET
U.S. Bank Earns Top Marks in 2019 Corporate Equality Index
U.S. Bank received a perfect score of 100 on the 2019 Corporate Equality Index (CEI), the nation’s premier benchmarking survey and report on corporate policies and practices related to LGBTQ workplace equality, administered by the Human Rights Campaign (HRC) Foundation. U.S. Bank was named alongside over 560 major U.S. businesses that also earned top marks this year.
Apr 02, 2019 08:01 am ET
New U.S. Bank Mobile App Delivers Unprecedented Personalized Insights
U.S. Bank unveiled its entirely rebuilt U.S. Bank mobile app, co-created every step of the way with its customers. The resulting app is one of the most comprehensive and useful mobile banking app experiences, fueled by extensive research on how people use their mobile apps and an
Mar 29, 2019 01:14 pm ET
U.S. Bank Unveils New Brand Advertising Campaign
Hard work in the small, everyday moments can lead to achieving the most important goals in a person’s life, with the support of U.S. Bank as the right financial partner.
Mar 19, 2019 10:00 am ET
U.S. Bancorp Announces Quarterly Dividends
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.37 per common share, payable April 15, 2019, to stockholders of record at the close of business on March 29, 2019. At this quarterly dividend rate, the annual dividend is equivalent to $1.48 per common share.
Mar 15, 2019 09:00 am ET
U.S. Bancorp Announces Redemption of Medium-Term Notes; U.S. Bank Announces Redemption of Senior Notes
U.S. Bancorp today announced the redemption on March 25, 2019, of all its outstanding (i) 2.20% Medium-Term Notes, Series V (Senior), due April 25, 2019 (CUSIP No. 91159HHH6) and (ii) Floating Rate Medium-Term Notes, Series V (Senior), due April 25, 2019 (CUSIP No. 91159HHJ2). The redemption price for each of the Medium-Term Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date of March 25, 2019.
Mar 14, 2019 09:00 am ET
Elavon and Union Bank Extend Long-standing Alliance Relationship
Elavon, a leading global payments provider, and Union Bank have agreed to extend their multi-year alliance for the third time in their 25-year partnership, which adds a focus on expanding into vertical markets such as healthcare and enhancements to tools and services making it easier for clients to manage and grow their business.
Mar 05, 2019 01:00 pm ET
U.S. Bancorp to Speak at the RBC Capital Markets Financial Institutions Conference
U.S. Bancorp (NYSE: USB) announced today that Terry Dolan, vice chairman and chief financial officer, and Tim Welsh, vice chairman, Consumer and Business Banking, will present at the RBC Capital Markets Financial Institutions Conference. The presentation will begin at 9:20 a.m. EDT on Tuesday, March 12, 2019 in New York City.
Mar 04, 2019 01:00 pm ET
U.S. Bancorp Announces First Quarter Earnings Conference Call Details
U.S. Bancorp (NYSE: USB) will release its first quarter 2019 earnings results before the market opens on Wednesday, April 17, 2019. At 8:00 a.m. CDT, Andy Cecere, chairman, president and chief executive officer, and Terry Dolan, vice chairman and chief financial officer, will host a conference call to review the financial results. The conference call will be available online or by telephone.
Feb 26, 2019 11:00 am ET
U.S. Bank Named One of the 2019 World's Most Ethical Companies®
U.S. Bank has been named one of the 2019 World’s Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. This is the fifth consecutive year U.S. Bank has received this recognition.
Feb 12, 2019 08:00 am ET
New Survey of Healthcare IT Execs and Patients Finds Alignment around Efforts to Enhance the Patient Payment Experience
Elavon, a leading healthcare payments provider, looked deeper into the healthcare payments experience by interviewing hundreds of patients and healthcare information technology (HIT) executives across the U.S. Results of its two-part survey showed that while views align in many areas, including the need to make the overall patient payment experience better, views differ on innovations and how patients prefer to access healthcare information.
Feb 04, 2019 06:50 pm ET
U.S. Bank Announces Redemption of Senior Notes
U.S. Bank National Association today announced the redemption on February 14, 2019, of all of its outstanding Floating Rate Senior Notes due March 14, 2019 (CUSIP No. 90331HNF6). The redemption price for each of the Senior Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date of February 14, 2019.
Jan 24, 2019 09:11 am ET
U.S. Bancorp Launches Asset Backed Securitization Lending Business
U.S. Bancorp announced today the launch of its new Asset Backed Securitization Lending business, providing non-recourse commitments secured by consumer and commercial receivables. With this new capability, U.S. Bancorp leverages its direct corporate lending experience to provide clients with an additional credit product.
Jan 23, 2019 09:00 am ET
U.S. Bank Freight Payment Index™: Strong Gains in Q4 Ahead of Anticipated Tariff Increases in Early 2019
The U.S. Bank Freight Payment Index™ – a tool designed to assess the current state of the freight industry in the United States – showed signs of a spending rebound compared to the third quarter in 2018, with indications that growth will continue, but at a slower rate in 2019.
Jan 22, 2019 03:43 pm ET
FORTUNE Recognizes U.S. Bank as a 2019 World's Most Admired Company
FORTUNE magazine recognized U.S. Bank as a 2019 World’s Most Admired Company, naming it the world’s most admired superregional bank for the ninth consecutive year.
Jan 16, 2019 06:45 am ET
Jan 11, 2019 10:57 am ET
U.S. Bank Launches New Low-Rate, Quick Loan for Customers Needing Assistance During Federal Government Shutdown
U.S. Bank today announced a new low-rate, quick loan product designed to help customers who are federal employees needing special assistance during the U.S. government shutdown.
Jan 09, 2019 03:30 pm ET
Elavon Acquires CenPOS, Enhancing Elavon’s Digital Capabilities, Integrating Payments into CenPOS Software
Elavon, a global payments provider and subsidiary of U.S. Bancorp, has acquired CenPOS, a Miami-based company offering integrated payment software solutions to large enterprises.
Dec 21, 2018 11:10 am ET
U.S. Bancorp Announces OCC’s Termination of AML-Related Consent Order
U.S. Bancorp (NYSE: USB) today announced that the Office of the Comptroller of the Currency (OCC) has terminated its 2015 consent order related to the company’s Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) program and controls.
Dec 19, 2018 04:32 pm ET
U.S. Bank Raises Prime Lending Rate to 5.50 Percent from 5.25 Percent Effective December 20, 2018
U.S. Bancorp (NYSE:USB) announced it has raised its prime lending rate to 5.50 percent from 5.25 percent, effective tomorrow, December 20, 2018, at all U.S. Bank locations.
Dec 18, 2018 11:00 am ET
U.S. Bancorp Announces Quarterly Dividends
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.37 per common share, payable January 15, 2019, to stockholders of record at the close of business on December 31, 2018. At this quarterly dividend rate, the annual dividend is equivalent to $1.48 per common share.
Dec 03, 2018 01:00 pm ET
U.S. Bancorp Announces Fourth Quarter Earnings Conference Call Details
U.S. Bancorp (NYSE: USB) will release its fourth quarter 2018 earnings results before the market opens on Wednesday, January 16, 2019. At 8:00 a.m. CST, Andy Cecere, chairman, president and chief executive officer, and Terry Dolan, vice chairman and chief financial officer, will host a conference call to review the financial results. The conference call will be available online or by telephone.
Nov 27, 2018 01:00 pm ET
U.S. Bancorp to Speak at the Goldman Sachs U.S. Financial Services Conference
U.S. Bancorp (NYSE: USB) announced today that Andy Cecere, chairman, president and CEO, and Terry Dolan, vice chairman and CFO, will present at the Goldman Sachs U.S. Financial Services Conference. The presentation will begin at 8:50 a.m. EST on Tuesday, December 4, 2018, in New York City.
Nov 01, 2018 01:00 pm ET
U.S. Bancorp to Speak at the BancAnalysts Association of Boston Conference
U.S. Bancorp (NYSE: USB) announced today that Terry Dolan, vice chairman and chief financial officer, and Jeff von Gillern, vice chairman, Technology and Operations Services, will present at the BancAnalysts Association of Boston Conference. The presentation will begin at 10:00 a.m. EST on Friday, November 9, 2018, in Boston.
Oct 29, 2018 01:00 pm ET
U.S. Bancorp to Speak at the Bank of America Merrill Lynch Future of Financials Conference
U.S. Bancorp (NYSE: USB) announced today that Jason Witty, executive vice president and chief information security officer will present at the Bank of America Merrill Lynch Future of Financials Conference. The presentation will begin at 11:40 a.m. EST on Monday, November 5, 2018, in New York City.
Oct 26, 2018 08:30 am ET
U.S. Bank Partners with StoneCastle to Provide High Net Worth Insured Cash Solution
MINNEAPOLIS, Oct. 26, 2018 /PRNewswire/ -- U.S. Bank announced today that it has entered into a distribution agreement with StoneCastle Cash Management, LLC ("StoneCastle") to provide FICA® For Advisors ("FICA®"), a federally insured cash solution, to its registered investment advisor (RIA) clients. The product is designed to maximize yields and provide high levels of FDIC insurance while reducing market, credit and principal risk on clients' cash balances. ...
Oct 24, 2018 09:00 am ET
U.S. Bank Freight Payment Index™ Sees High Q3 Freight Shipment and Spend Levels, Shows Some Deceleration
The U.S. Bank Freight Payment Index™ – a tool designed to assess the current state of the freight industry in the U.S. – showed declines in the third quarter compared with the second quarter in 2018.
Oct 17, 2018 06:45 am ET
Oct 09, 2018 09:30 am ET
Elavon Makes Payment Certifications Faster and Easier than Ever for Software and Hardware Developers
Elavon today announced the launch of its self-test platform, which offers payment hardware and software providers an accelerated way to streamline card brand and EMV certifications. The platform significantly reduces final certification time from the typical four weeks process to just 24-48 hours. The platform also saves developers money by eliminating the need to engage third parties.
Oct 05, 2018 09:00 am ET
U.S. Bancorp Announces Redemption of Medium-Term Notes
U.S. Bancorp today announced the redemption on October 15, 2018, of all of its outstanding (i) 1.95% Medium-Term Notes, Series T (Senior), due November 15, 2018 (CUSIP No. 91159HHE3) and (ii) Floating Rate Medium-Term Notes, Series T (Senior), due November 15, 2018 (CUSIP No. 91159HHF0). The redemption price for each of the Medium-Term Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date of October 15, 2018.
Oct 03, 2018 10:00 am ET
U.S. Bank Establishes Commercial Banking Team to Serve New York Middle Market Clients
U.S. Bank announces the expansion of its Commercial Banking team into the greater New York metropolitan area. The new group will be led by veteran bankers Daniel Greene and Salvatore Settineri who will focus on bringing one U.S. Bank, the power of the entire organization, to middle market clients in New York, New Jersey and Connecticut.
Sep 26, 2018 06:00 pm ET
U.S. Bank Raises Prime Lending Rate to 5.25 Percent from 5.00 Percent Effective September 27, 2018
U.S. Bancorp (NYSE:USB) announced it has raised its prime lending rate to 5.25 percent from 5.00 percent, effective tomorrow, September 27, 2018, at all U.S. Bank locations.
Sep 25, 2018 10:00 am ET
U.S. Bank Business Leverage™ Visa Signature® Card Delivers Value Where Businesses Spend the Most
U.S. Bank is offering a new business credit card that accelerates rewards in the categories where businesses spend the most each month, including raw materials and supply chain purchases such as construction materials, commercial equipment, medical supplies or advertising.
Sep 25, 2018 07:38 am ET
U.S. Bancorp Announces Plans to Sell Third-Party ATM and Debit Servicing Business
U.S. Bancorp announced today that it has agreed to sell its third-party ATM and Debit Servicing business, which is part of the company’s Elan Financial Services unit, to Fiserv, Inc., for approximately $690 million. The sale includes business assets and a debit card processing network previously acquired by the Company. U.S. Bancorp made the decision to sell this portion of the business, which also operated as Elan ATM and Debit Processing, following a strategic review of the business unit.
Sep 24, 2018 12:05 pm ET
U.S. Bank Launches Digital Small Business Lending
U.S. Bank has created a new, fully digital option for small businesses to apply for and receive a loan or line of credit.
Sep 24, 2018 09:20 am ET
Three U.S. Bank Leaders among American Banker’s Most Powerful Women in Banking and Finance
Leslie Godridge, vice chairman and co-head of Corporate & Commercial Banking, Gunjan Kedia, vice chairman of Wealth Management and Investment Services and Kate Quinn, vice chairman and chief administrative officer at U.S. Bank, have been honored by American Banker magazine among the "Most Powerful Women in Banking and Finance" for 2018. This marks the first time in U.S. Bank history that three women have been included on this prestigious list. Honorees will be celebrated at a ceremony hosted by American Banker in New York City in October.
Sep 18, 2018 11:00 am ET
U.S. Bancorp Announces a 23 Percent Increase in Quarterly Common Stock Dividends
The Board of Directors of U.S. Bancorp (NYSE: USB) has approved a 23 percent increase in the dividend rate on U.S. Bancorp common stock to $0.37 on a quarterly basis, payable October 15, 2018, to stockholders of record at the close of business on September 28, 2018. At this quarterly dividend rate, the annual dividend will be equivalent to $1.48 per common share.
Sep 17, 2018 01:00 pm ET
U.S. Bancorp Announces Third Quarter Earnings Conference Call Details
U.S. Bancorp (NYSE: USB) will release its third quarter 2018 earnings results before the market opens on Wednesday, October 17, 2018. At 8:00 a.m. CDT, Andy Cecere, chairman, president and chief executive officer, and Terry Dolan, vice chairman and chief financial officer, will host a conference call to review the financial results. The conference call will be available online or by telephone.
Sep 12, 2018 10:19 am ET
U.S. Bank Names Manuel Rodriguez San Diego Market President
U.S. Bank has named Manuel Rodriguez as the new market president for San Diego. In this role, Rodriguez will lead the market in company-wide efforts and activities and direct commercial banking in greater San Diego.
Sep 10, 2018 10:30 am ET
U.S. Bank Launches Simple Loan to Meet Customers’ Short-Term Cash Needs
U.S. Bank has launched a new small-dollar loan product called Simple Loan, designed to help customers deal with unexpected or short-term cash needs with a transparent, easy-to-understand installment loan.
Sep 06, 2018 01:00 pm ET
U.S. Bancorp to Speak at the Barclays Global Financial Services Conference
U.S. Bancorp (NYSE: USB) announced today that Andy Cecere, Chairman, President and CEO, and Terry Dolan, Vice Chairman and CFO, will present at the Barclays Global Financial Services Conference. The presentation will begin at 9:00 a.m. ET on Thursday, September 13, 2018, in New York City.
Sep 05, 2018 11:13 am ET
U.S. Bank Announces Retirement of Banking Veteran, Vice Chairman John Elmore
U.S. Bank announced today that John Elmore, vice chairman, Community Banking & Branch Delivery, will retire from the company in March 2019. Elmore, 62, is a 38-year veteran of the banking industry who has been with U.S. Bank for the majority of his career.
Sep 04, 2018 09:00 am ET
Elavon Acquires Virginia-Based Electronic Transaction Systems
Elavon, global merchant payment processing provider and subsidiary of Minneapolis-based U.S. Bancorp, has acquired Electronic Transaction Systems (ETS), a financial technology company based in Virginia. The acquisition will allow Elavon to integrate payment processing into ETS’ software, and provide businesses a safe and easy way to access Elavon’s services.
Aug 29, 2018 11:00 am ET
U.S. Bank Names Ismat Aziz Chief Human Resources Officer
U.S. Bank announced today that Ismat Aziz will become its new chief human resources officer (CHRO). In this role, Aziz will direct the strategy of the human resources organization including talent acquisition and development, performance management, compensation and benefits, employee relations, employee engagement, and diversity and inclusion.
Aug 28, 2018 01:00 pm ET
U.S. Bank Names Mahesh Kharkar Northern California Market President
U.S. Bank has named veteran banker Mahesh Kharkar as its Northern California market president. In this role, Kharkar will lead the market in company-wide efforts and activities and direct commercial banking in Northern California.
Aug 27, 2018 06:04 pm ET
Jason Burkey-Skye Named Regional Managing Director for Ascent Private Capital Management of U.S. Bank in Denver
U.S. Bank Wealth Management, ranked among the top 20 U.S. wealth managers,* has announced that Jason Burkey-Skye was named regional managing director of Ascent Private Capital Management in Denver. Ascent is a multi-family office serving ultra-high net worth families. Jason will continue to reside in the Denver area.
Aug 15, 2018 11:02 am ET
U.S. Bank Names Jodi Richard Vice Chairman, Chief Risk Officer
U.S. Bank announced today that industry veteran Jodi Richard will become its new vice chairman and chief risk officer, succeeding P.W. (Bill) Parker, who previously announced his intention to retire this fall.
Jul 31, 2018 11:00 am ET
U.S. Bancorp Provides Schedule for 2019 Earnings Conference Calls
U.S. Bancorp will host conference calls to review quarterly financial results on the following dates:
Jul 31, 2018 09:00 am ET
U.S. Bank Freight Payment Index™ in Q2 Shows Gains, but Hints of Slowing Growth Rate
The U.S. Bank Freight Payment Index™ rose in the second quarter, tracking a strong U.S. economy and marking the fourth consecutive gain since the first Index was published in July 2017. But, an economist cautions, a shortage of drivers and recently imposed tariffs threaten to slow growth in coming months.
Jul 23, 2018 10:00 am ET
U.S. Bank Names John Zimmerman President of Ascent Private Capital Management
U.S. Bank Wealth Management has named John Zimmerman as president of Ascent Private Capital Management, the company’s family office advisory and wealth management business for ultra high net worth clients.
Jul 19, 2018 09:08 am ET
U.S. Bank Looks to Impact One Million People This Summer Through Community Possible Work Hard/Play Hard Initiatives
This summer, U.S. Bank and its 74,000 employees are making work and play possible for one million people by helping young people learn how to start their own businesses, refurbishing play spaces and providing $6 million in Play grants to nonprofit organizations across the country (Work grants to be announced this fall). It’s part of U.S. Bank’s corporate social responsibility work focused on economic development, which comes to life through Community Possible, the company’s giving and engagement platform that closes the gap between people and po
Jul 18, 2018 06:45 am ET
Jul 17, 2018 12:24 pm ET
Dorothy J. Bridges Joins U.S. Bancorp Board of Directors
U.S. Bancorp announced today that its Board of Directors has elected Dorothy J. Bridges as a director of the company, effective October 15, 2018.
Jun 28, 2018 04:37 pm ET
U.S. Bancorp Receives No Objection to Its 2018 Capital Plan
U.S. Bancorp today announced that the Federal Reserve did not object to the company’s 2018 Capital Plan following its conclusion and assessment of the 2018 Comprehensive Capital Analysis and Review (CCAR).
Jun 21, 2018 04:45 pm ET
U.S. Bancorp Releases 2018 Dodd-Frank Act Stress Test Results
U.S. Bancorp (NYSE: USB) (“the Company”) today disclosed the results of its company-run Dodd-Frank Act Stress Test (“DFAST”) conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Jun 20, 2018 12:23 pm ET
Elavon Transforms Hotel Guest Experience by Offering Digital Payments for Gift Orders, Events and More
Elavon just eliminated the need for hotels to print and store paper copies of customer card data. Today, the leading global payments provider announced Converge Hospitality, a digital invoicing system for the hotel industry. The system makes it safer and more convenient for customers to pay for deposits on events and concierge-like services at
Jun 20, 2018 09:30 am ET
U.S. Bancorp Investments Launches Automated Investor
Responding to customers’ desire for smart, easy-to-use and safe digital investment tools and strategies, U.S. Bancorp Investments announced today the launch of its new Automated Investor offering.
Jun 19, 2018 11:00 am ET
U.S. Bancorp Announces Quarterly Dividends
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.30 per common share, payable July 16, 2018, to stockholders of record at the close of business on June 29, 2018. At this quarterly dividend rate, the annual dividend is equivalent to $1.20 per common share.
Jun 18, 2018 04:30 pm ET
Elizabeth L. Buse and Yusuf I. Mehdi Join U.S. Bancorp Board of Directors
U.S. Bancorp announced today that its Board of Directors has elected Elizabeth L. Buse and Yusuf I. Mehdi as directors of the company, effective immediately.
Jun 13, 2018 06:00 pm ET
U.S. Bank Raises Prime Lending Rate to 5.00 Percent from 4.75 Percent Effective June 14, 2018
U.S. Bancorp (NYSE:USB) announced it has raised its prime lending rate to 5.00 percent from 4.75 percent, effective June 14, 2018 at all U.S. Bank locations.
Jun 13, 2018 01:00 pm ET
U.S. Bancorp Announces Second Quarter Earnings Conference Call Details
U.S. Bancorp (NYSE: USB) will release its second quarter 2018 earnings results before the market opens on Wednesday, July 18, 2018. At 8:00 a.m. CDT, Andy Cecere, chairman, president and chief executive officer, and Terry Dolan, vice chairman and chief financial officer, will host a conference call to review the financial results. The conference call will be available online or by telephone.
Jun 11, 2018 08:20 am ET
Consolidated Research: 2018 Summary Expectations for Oasis Petroleum, Blue Hills, Formula One Group, U.S., Coca-Cola, and Littelfuse — Fundamental Analysis, Key Performance Indications
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Oasis Petroleum Inc. (NYSE:OAS), Blue Hills Bancorp, Inc. (NASDAQ:BHBK),...
Jun 05, 2018 04:28 pm ET
U.S. Bancorp to Speak at the Morgan Stanley Financials Conference
U.S. Bancorp (NYSE: USB) announced today that Andy Cecere, Chairman, President and CEO, and Terry Dolan, Vice Chairman and CFO, will present at the Morgan Stanley Financials Conference. The presentation will begin at 11:10 a.m. ET on Tuesday, June 12, 2018, in New York City.
May 23, 2018 01:00 pm ET
U.S. Bancorp to Speak at the Bernstein Annual Strategic Decisions Conference
U.S. Bancorp (NYSE: USB) announced today that Andy Cecere, Chairman, President and CEO, will present at the Bernstein Annual Strategic Decisions Conference. The presentation will begin at 8:00 a.m. ET on Wednesday, May 30 2018, in New York City.
May 22, 2018 01:00 pm ET
U.S. Bancorp to Speak at the Deutsche Bank Global Financial Services Conference
U.S. Bancorp (NYSE: USB) announced today that Dominic Venturo, Chief Innovation Officer, will present at the Deutsche Bank Global Financial Services Conference. The presentation will begin at 2:30 p.m. ET on Tuesday, May 29, 2018, in New York City.
May 04, 2018 12:47 pm ET
U.S. Bank Announces Retirements of Bill Parker and Jennie Carlson
U.S. Bank, the fifth-largest commercial bank in the United States, announced today that its chief risk officer, P.W. (Bill) Parker, 61, and its chief human resources officer, Jennie Carlson, 57, will retire from the company. Searches are underway for their successors.
Apr 26, 2018 11:17 am ET
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of U.S. Bancorp
Levi & Korsinsky announces it has commenced an investigation of U.S. Bancorp (NYSE:USB) concerning possible breaches of fiduciary duty. To obtain additional information, go to:
Apr 26, 2018 09:35 am ET
U.S. Bank Freight Payment Index™ Continues Growth Streak in Q1
The U.S. Bank Freight Payment Index™ recorded 1.4 percent gains in both shipments and spending for the first quarter of 2018, compared with the previous quarter. For the index, whose data stretches back to 2010, the 1.4 percent increase in shipments marked its fifth straight quarterly
Apr 25, 2018 10:14 am ET
U.S. Bank Streamlines Automated Insurance Payment Process with Enservio’s Paysurance®
U.S. Bank today announced a partnership with Enservio, Inc., a Solera Holdings, Inc. company, and the leading provider of contents claim management software, services, and payments solutions for property insurers. Through this partnership U.S. Bank will utilize Enservio’s Paysurance® platform, an innovative solution for insurance industry clients, to streamline a previously intricate and complex process that both insurers and customers encounter when paying or collecting a settlement.
Apr 24, 2018 10:00 am ET
Elavon Gives Customers and Partners Enhanced Protection from Data Breaches with PCI Point-to-Point Encryption (P2PE) Validation
Elavon, a leading global payments provider and subsidiary of U.S. Bancorp (NYSE:USB), today announced its Safe-T Link® with P2PE Protect received validation as a Payment Card Industry (PCI) Security Standards CouncilTM Point-to-Point Encryption (P2PE)TM solution. Receiving this level of validation gives Elavon customers the strongest encryption protection by making data less valuable if stolen. The validation underscores Elavon’s commitment to be the most trusted choice for businesses looking for a payments partn
Apr 18, 2018 06:45 am ET
Apr 11, 2018 09:23 am ET
U.S. Bank Mobile Payment Expands to Mastercard Business Travel Cards
The U.S. Bank Corporate Travel Card is expanding its mobile capabilities to Mastercard corporate card transactions. Clients whose business travel cards run on the Mastercard network can now pay for purchases via mobile devices. With this expansion, U.S. Bank now offers the convenience and security of mobile payments for all corporate travel cards issued in the United States.
Mar 21, 2018 06:03 pm ET
U.S. Bank Raises Prime Lending Rate to 4.75 Percent from 4.50 Percent Effective March 22, 2018
U.S. Bancorp (NYSE:USB) announced it has raised its prime lending rate to 4.75 percent from 4.50 percent, effective tomorrow, March 22, 2018, at all U.S. Bank locations.
Mar 19, 2018 11:00 am ET
U.S. Bancorp Announces Quarterly Dividends
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.30 per common share, payable April 16, 2018, to stockholders of record at the close of business on March 29, 2018. At this quarterly dividend rate, the annual dividend is equivalent to $1.20 per common share.
Mar 13, 2018 01:00 pm ET
U.S. Bancorp Announces First Quarter Earnings Conference Call Details
U.S. Bancorp (NYSE: USB) will release its first quarter 2018 earnings results before the market opens on Wednesday, April 18, 2018. At 8:00 a.m. CDT, Andy Cecere, president and chief executive officer, and Terry Dolan, vice chairman and chief financial officer, will host a conference call to review the financial results. The conference call will be available online or by telephone.
Feb 27, 2018 01:00 pm ET
U.S. Bancorp to Speak at the RBC Capital Markets Financial Institutions Conference
U.S. Bancorp (NYSE: USB) announced today that Terry Dolan, vice chairman and CFO, and Jeff von Gillern, vice chairman, Technology and Operations Services, will present at the RBC Capital Markets Financial Institutions Conference. The presentation will begin at 9:20 a.m. ET on Tuesday, March 6, 2018, in New York City.
Feb 22, 2018 10:00 am ET
U.S. Bank Offers New Online Tool to Help Consumers Get Fast, Convenient Car Loan Approvals
U.S. Bank has launched a digital offering on its website that allows consumers to shop for a new car and get pre-approved for a loan, all before actually stepping foot in a dealership.
Feb 15, 2018 09:54 am ET
U.S. Bancorp Announces Resolution Finalizing Legacy BSA / AML Matters
U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced today that it has resolved previously disclosed matters related to its Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance programs with the U.S. Attorney’s Office for the Southern District of New York, the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board and the Financial Crimes Enforcement Network (FinCEN).
Feb 07, 2018 02:06 pm ET
U.S. Bancorp to Speak at the Credit Suisse Financial Services Forum
U.S. Bancorp (NYSE: USB) announced today that Gunjan Kedia, vice chairman, Wealth Management and Investment Services and Mark Jordahl, president, Wealth Management, will present at the Credit Suisse Financial Services Forum. The presentation will begin at 8:40 a.m. EST on Tuesday, February 13, 2018, in Miami.
Feb 05, 2018 08:00 am ET
Investor Expectations to Drive Momentum within Blue Hills, Unifirst, Universal Electronics, United States Steel, Delta Air Lines, and U.S. — Discovering Underlying Factors of Influence
NEW YORK, Feb. 05, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Blue Hills Bancorp, Inc. (NASDAQ:BHBK), Unifirst...
Jan 24, 2018 03:50 pm ET
U.S. Bank Freight Payment Index™ Shows Spend Surging, Shipments Easing in Q4
The U.S. Bank Freight Payment Index™ showed gains in both spending and shipments during the fourth quarter of 2017, but the scope of the advances differed widely. Spending for trucking services advanced by the highest rates so far this decade, reflecting solid demand coupled with
Jan 19, 2018 03:33 pm ET
Fortune Recognizes U.S. Bank as a 2018 World’s Most Admired Company
Fortune magazine today named U.S. Bank a World’s Most Admired Company, recognizing several of U.S. Bank’s attributes as most admired among all companies and naming it the world’s most admired superregional bank for the eighth consecutive year.
Jan 17, 2018 06:45 am ET
U.S. Bancorp Reports Fourth Quarter and Full Year 2017 Earnings
U.S. Bancorp (NYSE: USB) today reported net income of $1,682 million for the fourth quarter of 2017, or $0.97 per diluted common share, compared with $1,478 million, or $0.82 per diluted common share, in the fourth quarter of 2016. The fourth quarter of 2017 included notable items related to the impacts of tax reform, a special employee bonus, a charitable contribution to the U.S. Bank Foundation, and a regulatory and legal accrual that, combined, increased diluted earnings per common share by $0.09.
Jan 16, 2018 03:40 pm ET
U.S. Bancorp Names Andy Cecere Chairman of the Board of Directors, Effective April 2018
U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, the fifth largest commercial bank in the United States, announced today that Andy Cecere, President and Chief Executive Officer (CEO), has been named Chairman of the Board of Directors, effective at the Annual Meeting of Shareholders in April 2018. Richard Davis, Executive Chairman, will retire from the Board of Directors at that time. David O’Maley will continue in his role as the Board’s Lead Independent Director.
Jan 02, 2018 11:00 am ET
U.S. Bank to Invest in Employees, Community and Customers as a Result of Tax Reform Package
U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced investments today in its employees, the U.S. Bank Foundation and several strategic projects as a result of the tax reform package. Management has made the following decisions:
Dec 19, 2017 11:00 am ET
U.S. Bancorp Announces Quarterly Dividends
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.30 per common share, payable January 16, 2018, to stockholders of record at the close of business on December 29, 2017. At this quarterly dividend rate, the annual dividend is equivalent to $1.20 per common share.
Dec 19, 2017 09:00 am ET
U.S. Bank Announces Redemption of Senior Notes
U.S. Bank National Association (“U.S. Bank”) today announced the redemption on December 29, 2017, of all of its outstanding (i) Floating Rate Senior Notes due January 29, 2018 (CUSIP No. 90331HMV2) and (ii) 1.45% Senior Notes due January 29, 2018 (CUSIP No. 90331HMU4). The redemption price for each of the Senior Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date of December 29, 2017.
Dec 15, 2017 09:00 am ET
U.S. Bank Announces Redemption of Senior Notes
U.S. Bank National Association (“U.S. Bank”) today announced the redemption on December 26, 2017, of all of its outstanding (i) Floating Rate Senior Notes due January 26, 2018 (CUSIP No. 90331HMR1) and (ii) 1.35% Senior Notes due January 26, 2018 (CUSIP No. 90331HMQ3). The redemption price for each of the Senior Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date of December 26, 2017.
Dec 13, 2017 06:00 pm ET
U.S. Bank Raises Prime Lending Rate to 4.50 Percent from 4.25 Percent Effective December 14, 2017
U.S. Bancorp (NYSE:USB) announced it has raised its prime lending rate to 4.50 percent from 4.25 percent, effective tomorrow, December 14, 2017, at all U.S. Bank locations.
Dec 07, 2017 01:00 pm ET
U.S. Bancorp Announces Fourth Quarter Earnings Conference Call Details
U.S. Bancorp (NYSE: USB) will release its fourth quarter 2017 earnings results before the market opens on Wednesday, January 17, 2018. At 8:00 a.m. CST, Andy Cecere, president and chief executive officer, and Terry Dolan, vice chairman and chief financial officer, will host a conference call to review the financial results. The conference call will be available online or by telephone.
Nov 29, 2017 08:30 am ET
Market Trends Toward New Normal in U.S., Becton, Dickinson, Cigna, Aetna, Enphase Energy, and Vishay Intertechnology — Emerging Consolidated Expectations, Analyst Ratings
NEW YORK, Nov. 29, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of U.S. Bancorp (NYSE:USB), Becton, Dickinson and...
Nov 28, 2017 01:00 pm ET
U.S. Bancorp to Speak at the Goldman Sachs U.S. Financial Services Conference
U.S. Bancorp (NYSE: USB) announced today that Andy Cecere, president and CEO, and Terry Dolan, vice chairman and CFO, will present at the Goldman Sachs U.S. Financial Services Conference. The presentation will begin at 9:00 a.m. EST on Tuesday, December 5, 2017, in New York City.
Nov 14, 2017 07:00 am ET
First New Core Payments System in the U.S. in more than 40 Years Initiates First Live Payments
NEW YORK, Nov. 14, 2017 /PRNewswire/ -- Yesterday, The Clearing House (TCH) launched RTP®, its real-time payments system, the first new core payments infrastructure in the U.S. in more than 40 years.  The new RTP system was designed and built through the collaborative effort of TCH's 25 owner banks and meets the objectives of the Federal Reserve Faster Payments Task Force. RTP is open to all U.S depository institutions with a goal of reaching ubiquity by 2020. ...
Nov 07, 2017 09:07 am ET
U.S. Bank Adds Opt-in Location Services to Mobile App, Making Life on the Go More Flexible During the Holidays
Just in time for the holiday season, U.S. Bank has added location services to the U.S. Bank Mobile App, o
Nov 06, 2017 01:00 pm ET
U.S. Bancorp to Speak at the Bank of America Merrill Lynch Future of Financials Conference
U.S. Bancorp (NYSE: USB) announced today that Leslie Godridge, vice chairman, Wholesale Banking, and Jim Kelligrew, vice chairman, Wholesale Banking, will present at the Bank of America Merrill Lynch Future of Financials Conference. The presentation will begin at 2:05 p.m. EST on Tuesday, November 14, 2017, in New York City.
Nov 01, 2017 10:00 am ET
U.S. Bank Announces Two New Innovative Digital Payment Solutions
U.S. Bank today announced Disbursements via Zelle® and Supplier Prefer Pay, two new digital payment solutions that make it easier for corporate and commercial banking clients to transition from paper to electronic payments. These solutions minimize the time and risk involved in the process of soliciting, storing and maintaining banking information for business and individual payees. Disbursements via Zelle and Supplier Prefer Pay are just two of the innovative payment options that U.S. Bank offers its clients.
Oct 31, 2017 09:47 am ET
U.S. Bank Donates $11.2 Million in Community Possible Grants to Nonprofits Focused on Work; Introduces Loan Referral Program for Small Businesses
U.S. Bank announces its second round of Community Possible grants, donating $11.2 million in Work grants to nonprofits across the country focused on workforce development, higher education, small business development and financial education. U.S. Bank’s Community Possible corporate giving and engagement platform focuses on economic development through three pillars - Work, Home and Play. Earlier this year, the bank donated $6.6 million in grants focused on Play.
Oct 27, 2017 01:00 pm ET
U.S. Bancorp Provides Schedule for 2018 Earnings Conference Calls
U.S. Bancorp will host conference calls to review quarterly financial results on the following dates:
Oct 26, 2017 01:00 pm ET
U.S. Bancorp to Speak at the BancAnalysts Association of Boston Conference
U.S. Bancorp (NYSE: USB) announced today that Terry Dolan, vice chairman and CFO and Gunjan Kedia, vice chairman, Wealth Management and Securities Services, will present at the BancAnalysts Association of Boston Conference. The presentation will begin at 8:15 a.m. EDT on Friday, November 3, 2017, in Boston.
Oct 26, 2017 08:30 am ET
2017 U.S. Bank Possibility Index Finds That Americans Are More Positive on Social Media Than in Real Life
Life at home is outpacing that at work and play for Americans, and the way they talk about each aspect on social media is often more positive than real-life data suggests. This is according to results of the 2017 U.S. Bank Possibility Index, a comprehensive measure of how people ar
Oct 19, 2017 04:30 pm ET
U.S. Bancorp Publishes Results of Dodd-Frank Act Mid-Cycle Stress Test
U.S. Bancorp (NYSE: USB) today published the results of the Company’s 2017 Dodd-Frank Act Mid-Cycle Stress Test. The results are available on the Company’s website at www.usbank.com under About Us, Investor Relations, Financial Information/SEC Filings,
Oct 19, 2017 11:51 am ET
U.S. Bank Freight Payment Index™ Benchmarks State of Shipping Industry
U.S. Bank has launched a new barometer for assessing the nation’s shipping industry. The U.S. Bank Freight Payment Index™ measures quantitative changes in shipment and spend activity, based on data from transactions processed through
Oct 18, 2017 06:45 am ET
U.S. Bancorp Reports Record Revenue and Net Income for the Third Quarter of 2017
U.S. Bancorp (NYSE: USB) today reported net income of $1,563 million for the third quarter of 2017, or $0.88 per diluted common share, compared with $1,502 million, or $0.84 per diluted common share, in the third quarter of 2016.
Oct 17, 2017 04:02 pm ET
Richard P. McKenney Joins U.S. Bancorp Board of Directors
U.S. Bancorp (NYSE:USB) announced today that its Board of Directors has elected Richard P. McKenney as a director of the company, effective immediately.
Oct 16, 2017 09:30 am ET
U.S. Bank Names Stephen Philipson Head of Fixed Income & Capital Markets
U.S. Bank today announced that Stephen Philipson has been promoted to head of Fixed Income & Capital Markets (FICM), effective immediately. Philipson will have responsibility for all sales, trading and origination, as well as risk and funding for the FICM businesses – Capital Markets, Credit Fixed Income, Derivative Products, Foreign Exchange and Municipal Products. He will remain in Charlotte, North Carolina, where U.S. Bank has nearly 700 employees.
Oct 13, 2017 10:00 am ET
New Survey: Latino Small-Business Owners Expect Higher Revenue
Latino small-business owners say they expect to have much higher revenues, hire more employees and are focused on attracting millennial customers, according to a new survey results from U.S. Bank released during Hispanic Heritage Month.
Oct 10, 2017 11:14 am ET
Elavon and Poynt Bring First Smart Payment Terminal to Canada
Elavon, a global payments company and wholly-owned subsidiary of U.S. Bancorp (NYSE: USB) and California-based Poynt are bringing the Poynt S
Jul 20, 2017 09:00 am ET
U.S. Bank Brings Intelligence to Commercial Banking with Salesforce Einstein
SAN FRANCISCO, July 20, 2017 /PRNewswire/ -- Salesforce (NYSE: CRM), the global leader in CRM, today announced that U.S. Bank (NYSE: USB)—the fifth-largest commercial bank in the United States—is expanding its use of Salesforce with Salesforce Einstein to deliver more intelligent and personalized experiences for its banking customers....
Jul 06, 2017 09:00 am ET
U.S. Bank subsidiary Elavon Freight Payment and Youredi partner to provide a modern data integration platform for European customers
Youredi, a leading provider of data integration and analytics solutions, today announced a partnership with Elavon Freight Payment, a European subsidiary of U.S. Bank. The agreement calls for Youredi to provide an integrated platform through which...
Jun 09, 2017 04:00 pm ET
ATA Renews U.S. Bank as Part of Featured Product Program for Fourth Year
ARLINGTON, Va., June 9, 2017 /PRNewswire-USNewswire/ -- Today, American Trucking Associations announced that U.S. Bank, provider of industry-leading freight payment solutions and issuer of the Voyager Fleet Card for all vehicle classes, will once again be an ATA Featured Product provider. This is the fourth consecutive year the bank has participated in the program, which provides ATA's members with visibility to key products and services. ...
Apr 24, 2017 09:30 am ET
Amadeus and U.S. Bank partner to deliver virtual payments technology to U.S. travel agencies
MINNEAPOLIS and MIAMI, April 24, 2017 /PRNewswire/ -- For years, offline and online travel agencies alike have labored with inefficient payment processes to settle with travel suppliers. Challenges such as poor cash flow management, fraud and manual reconciliation harm productivity and efficiency.  Now two industry leaders are partnering to deliver financial technology innovation that offers relief from reconciliation headaches and other business-to-business payment hassles. ...
Mar 06, 2017 10:00 am ET
Five Entrepreneurs Selected As Part Of Project American Dreams To Launch On HSN
NEW YORK, March 6, 2017 /PRNewswire/ -- Leading entertainment and lifestyle retailer, HSN, is proud to announce the five finalists selected as part of its Project American Dreams initiative. The finalists will launch their products during a special edition of The Monday Night Show with Adam Freeman on March 13, 2017 at 6 p.m. EST....
Oct 06, 2016 12:37 pm ET
HSN Partners With Dreamers Ventures To Discover And Launch New Products Created By Latino Entrepreneurs
NEW YORK, Oct. 6, 2016 /PRNewswire/ -- Leading entertainment and lifestyle retailer, HSN, has teamed up with award-winning entrepreneur and creator of Dreamers Ventures, Liliana "Lili" Gil Valletta, to launch Project American Dreams. ...
Sep 20, 2016 10:31 am ET
Learn how to target a 20% return on GoPro, or get option-trade ideas on US Bancorp, Adobe Systems, Lennar and Whole Foods Market or any stock you choose
CHICAGO, Sept. 20, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ADBE, GPRO, LEN, USB, and WFM....
Aug 02, 2016 10:00 am ET
U.S. Bank Signs Contract to Implement Black Knight Financial Services' LoanSphere Exchange Technology to Support Its Title and Closing Operations
JACKSONVILLE, Fla., Aug. 2, 2016 /PRNewswire/ -- Black Knight Financial Services, Inc. (NYSE: BKFS) announced today that U.S. Bank, the fifth largest commercial bank in the United States, has signed an agreement to implement LoanSphere Exchange, an open technology platform that provides integration, data management, decisioning support and workflow management through a 24/7 data exchange. ...
Jul 15, 2016 10:31 am ET
Learn how to target a 20% return on 3D Systems, or get option-trade ideas on JP Morgan Chase, US Bancorp, Metlife Incorporated and Lowes or any stock you choose
CHICAGO, July 15, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DDD, JPM, LOW, MET, and USB....
May 09, 2016 09:00 am ET
The Trade Desk, Inc. Closes $125 Million Credit Facility
The Trade Desk, Inc., a global technology platform for buyers of advertising, announced details today regarding a $125 million revolving credit facility secured through a lending syndicate led by Citibank, N.A. The transaction closed at the end of the first quarter of 2016 and, upon the fulfillment of certain conditions, includes an accordion option to expand the facility to $175 million.
Mar 01, 2016 04:00 pm ET
Conditional FULL Redemption of Trust Certificates (TRUCs), Series 2001-2 Trust
U.S. Bank Trust National Association (NYSE: USB), as Trustee, under the Standard Terms for Trust Agreements dated as of June 19, 2001, between Bear Stearns Depositor Inc., as Depositor, and U.S. Bank Trust National Association, as Trustee, as...