U.S. Bancorp (USB)

58.07
1.10 1.80
NYSE
Prev Close 59.14
Open 58.96
Day Low/High 57.97 / 59.12
52 Wk Low/High 28.36 / 55.69
Volume 2.29M
Exchange NYSE
Shares Outstanding 1489.68B
Market Cap 87.31B
P/E Ratio 15.19
Div & Yield N.A. (N.A)

Latest News

As Financial Stocks Get Hit With the Archegos Debacle, Here Are the Ones I'd Buy

As Financial Stocks Get Hit With the Archegos Debacle, Here Are the Ones I'd Buy

Everyone knows the basics. Last week, the trading operation run by Bill Hwang known as Archegos Capital Management blew up.

You Had to Be in These Stocks to Win From Them

You Had to Be in These Stocks to Win From Them

Let's look at my recommendations from when the nation was panicking over COVID and how they did after.

Market Resilience, Yield Spreads, Regional Banks, NYSE Relocation?

Market Resilience, Yield Spreads, Regional Banks, NYSE Relocation?

We always try to tell whoever will listen that regional banks would benefit the most should the long end of the curve ever show some life.

Shock & Awe Markets, Bank Stocks, Apple's Debt Move, Trading Amazon, ServiceNow

Shock & Awe Markets, Bank Stocks, Apple's Debt Move, Trading Amazon, ServiceNow

Right off the top, the bubble has burst for the 'short squeeze' names such as GameStop and AMC Entertainment.

8 Banking, Brokerage and Specialty Finance Favorites

8 Banking, Brokerage and Specialty Finance Favorites

These top picks for 2021 include consumer banking, finance REITs, brokerage, mortgage, insurance and wealth management names.

Deceptive Thursday, Biden's Grand Plan, Powell's Perspective, Earnings Begin

Deceptive Thursday, Biden's Grand Plan, Powell's Perspective, Earnings Begin

Plus, a look at the unusual chart pattern of Chegg Inc. and what it may mean.

With Changes Coming to Washington, Here Are 2 Actionable Ideas

With Changes Coming to Washington, Here Are 2 Actionable Ideas

I would like to add a bank - BAC - and have always liked United Rentals.

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'.