U.S. Bancorp (USB)

45.20
0.56 1.20
NYSE
Prev Close 45.76
Open 46.15
Day Low/High 45.18 / 46.19
52 Wk Low/High 28.36 / 55.69
Volume 7.90M
Exchange NYSE
Shares Outstanding 1506.44B
Market Cap 69.09B
P/E Ratio 15.19
Div & Yield N.A. (N.A)

Latest News

Markets React to Georgia Elections, Banks and Industrials to Gain, Oil Reduced

Markets React to Georgia Elections, Banks and Industrials to Gain, Oil Reduced

I will have to give some of my favorite tech names a haircut in the name of balance. Hopefully everyone gained some exposure to gold.

Trump Signs the Bill, Trading Volatility, Watching the Transports

Trump Signs the Bill, Trading Volatility, Watching the Transports

The president hit the bid in order to avoid a government shutdown, and stop 'the people' out at $600.

The Fed, Banks, and How I'm Trading JP Morgan

The Fed, Banks, and How I'm Trading JP Morgan

Beyond JPM, here are the banks I have my eye on.

Covid Drug Candidates, Buy Eli Lilly? Large Cap Stocks, Tesla Debt Upgrade

Covid Drug Candidates, Buy Eli Lilly? Large Cap Stocks, Tesla Debt Upgrade

Covid itself, and therapeutics or vaccines associated with taking on the SARS-CoV-2 coronavirus, is under a public microscope.

We'll Be Checking on These Corporate Earnings Next Week

Next week the June quarter earnings season maelstrom kicks off with 115 companies, including 32 S&P 500 constituents, reporting their latest quarterly results. In recent days we've seen a number of companies up their outlook for the quarter but we'v...

Trade of the Week - Buy JP Morgan ($89.47)

* Banks stocks are extraordinarily cheap today * In 2008 financials represented a record high 26% of the S&P Index, today they stand at a record low (at close to 7% of the S&P Index) * JP Morgan has a large war chest to absorb loan losses Historical...

Here's a Really 'Safe' Bet

Here's a Really 'Safe' Bet

Now we have a rare, great buying opportunity in US Bancorp.

Kass: The Financial Sector, and My Experience With George Soros

Kass: The Financial Sector, and My Experience With George Soros

I have to respectfully disagree with Jim Cramer's conclusions in his recent column, 'No Wonder Bank Stocks Have Been Hit So Hard'.

Financial Stocks, George Soros and Me

* The robust level of bank industry "war chests" are being underappreciated by investors * The Banking Industry, as measured by earnings power (before LLP and one-time charges), reserve (and balance sheet) strength and loan diversification are well ...

Interested in Banks? This Type Could Be Vulnerable for Dividend Seekers

Interested in Banks? This Type Could Be Vulnerable for Dividend Seekers

Community banks have already faced challenging times, and now the Covid-19 crisis is adding to the woes.

Divining Earnings, Stunning Rebound, Trading Amazon

Divining Earnings, Stunning Rebound, Trading Amazon

Are the markets ready for a pause in this dramatic rebound? We are several weeks behind Europe in battling this pandemic and U.S. numbers are far worse. Time will tell.

There's a Worthy Options Play to Be Had With JP Morgan

There's a Worthy Options Play to Be Had With JP Morgan

I'm not willing to stick my neck out right now and take an equity stake.

U.S./China Phase One, Yield Curve, Jobs Survey, Trading Disney: Market Recon

U.S./China Phase One, Yield Curve, Jobs Survey, Trading Disney: Market Recon

One concern for traders and investors would be that the good cheer created by the development of this Phase One deal, as well as actions taken by the FOMC, are nearing or at the point where the headline risk points in the other direction.

This Correction in U.S. Bancorp Should Be a Buying Opportunity

This Correction in U.S. Bancorp Should Be a Buying Opportunity

Let's check out the charts of USB to see if this is a good level to be a buyer.

Markets Bet on Growth, 3 Month/10 Year Spread, Trading Nvidia: Market Recon

Markets Bet on Growth, 3 Month/10 Year Spread, Trading Nvidia: Market Recon

The Fed is doing this right. Let me repeat... the Fed is not screwing this up.

Initiating U.S. Bancorp

FYI, the spread between 90 day paper and 10 year notes is down to less than one basis point. Should this key spread un-invert, I would think that the banks might see a positive algorithmic response. U.S. Bancorp has already outperformed other banks ...

Fed's Next Move, Microsoft's Performance, Trading U.S. Bancorp: Market Recon

Fed's Next Move, Microsoft's Performance, Trading U.S. Bancorp: Market Recon

What the Fed needs to do in July is to cut the FFR by 25 basis points and put the balance sheet management (QT) program to bed two months early.

Grab a Coffee, We've Got a Lot to Talk About Today!

Good morning folks! As Doug heads off on vacation (something I'll be doing on Saturday myself), I'm sitting in today for him, and I'll be doing so again right before his return. We're in the second real week of the June-quarter earnings season, and ...

U.S. Monetary Policy, Trading Lockheed, Netflix and United Rentals: Market Recon

U.S. Monetary Policy, Trading Lockheed, Netflix and United Rentals: Market Recon

Preventing the U.S. dollar from appreciating too aggressively while repairing credit conditions are 'job freaking one'.

Jim Cramer: Why Laggards Like Kohl's, Citi and CVS Can Rise Now

Jim Cramer: Why Laggards Like Kohl's, Citi and CVS Can Rise Now

I am neutral on this market, and only a cool off of the hottest stocks can justify a further advance.

June Rotations and Why I Like Apple on Jony Ive's Departure: Market Recon

June Rotations and Why I Like Apple on Jony Ive's Departure: Market Recon

The risk is that the chief design officer's departure will cause technical issues in Apple's chart.

Good News From China, Plus Netflix Earnings and Playing CSX: Market Recon

Good News From China, Plus Netflix Earnings and Playing CSX: Market Recon

China reported positive data, bolstering markets. Netflix had a beat on earnings, but faces fierce competition ahead. CSX is a thing of beauty.

The Week Ahead: Retail Sales, Beige Book and 16 Key Earnings Results to Watch

The Week Ahead: Retail Sales, Beige Book and 16 Key Earnings Results to Watch

It is going to be fast, it is going to be furious during a shortened week of trading.

New York's Epic Amazon Failure; Buffett's 13-F; Traders Play It Safe Into Close

New York's Epic Amazon Failure; Buffett's 13-F; Traders Play It Safe Into Close

Why does it always make me feel uncomfortable when my plan diverges from Warren Buffett's?

UK Finds Breaking Up Is Hard to Do: Market Recon

UK Finds Breaking Up Is Hard to Do: Market Recon

As uncertainty increases, expect greater demand for safe haven assets.