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U.S. Bancorp (USB-PQ)

NYSE - NYSE Delayed price. Currency in USD
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17.54+0.11 (+0.63%)
At close: 04:00PM EDT
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  • J
    JHB
    Stress test results looked good for banks and moved PPC higher.

    "The big picture is that banks are extremely well capitalized and could manage through a downturn," David Konrad, analyst at Keefe, Bruyette & Woods (KBW)."
  • j
    jmdbro
    The Board of Directors of U.S. Bancorp declared a regular quarterly dividend of $0.46 per share, payable July 15 to stockholders of record at the close of business on June 30, 2022.
  • J
    JHB
    largest rate hike since 1994. Thoughts?
  • M
    MARK
    WOW, what a rally . Only down 30% in 6 months....
  • C
    Captain Hairpiece
    I added more here. I like juicy dividends, and usb likes higher rates
  • S
    SILKEY
    Just saw USB published on the daily alert watchlist at (http://market-engross.club)
  • C
    Captain Hairpiece
    Added even more here. same price as 2018. Why are banks getting hit with higher rates?
  • J
    JHB
    What BAC analysts think.

    "“In the last 19 bear markets, the average peak to trough decline has been 37% with an average duration of 289 days. If history were to repeat then today’s bear market ends in October 2022 with the S&P at 3000,” Bank of America Research analysts wrote in a Sunday note."

    The Morning Star opinion.

    “U.S. Bancorp is one of the strongest and best-run regional banks we cover,” Compton wrote in a commentary.

    “Few domestic competitors can match its operating efficiency, and for the past 15 years the bank has consistently posted returns on equity well above peers and its own cost of equity.”

    "[Its] exposure to moaty non-bank businesses and its consistently excellent core banking operations make us like the company's positioning for the future,”

    Take your pick or ignore both.

    FWIW
  • J
    JHB
    I have never seen as many new subdivisions going up in my area as are going up today and I have been here for over 60 years. Many of the market watchers are saying this can't last and will continue to be a drag on the market. Mortgage rates are now the highest they have been since 2009. Any comments from the boards financial posters?
  • J
    JHB
    Federal Reserve officials said half-percentage-point interest rate increase is likely for the next two meetings.

    FWIW
  • J
    JHB
    Based on previous research things may have a chance to improve in the next few months.
    Charles Schwab research indicates that the average bear market lasts 15 months with a cumulative loss of 38.4%. On the other hand, the average bull run lasts 6 years, delivering returns of over 200%. I could handle some 200% returns.

    FWIW
  • J
    JHB
    Following up on my post of yesterday regarding new housing starts. Looking at why this is occurring indicate at least 3 factors. The strong job and population growth, combined with a low cost of living and a high quality of life. The economy is driven by a dynamic mix of private and public industry sectors including aerospace, defense, technology, and education. The unemployment rate is just over2.0%.

    Even better, billions of dollars of economic growth are still in the works for the metro area and are expected to bring literally thousands of new jobs to the area over the next several years.

    FWIW
  • J
    JHB
    For the couple of posters who read and share this forum for financial news.

    The consensus among Wall Street equities research analysts is that investors should "hold" U.S. Bancorp stock.

    If you are looking for stocks with good return, U.S. Bancorp. can be a profitable investment option.

    FWIW

    Sorry for the off topic financial post.
  • J
    JHB
    The market seemed positive about the 50 basis point increase in short term rates and the comments about future increases.

    FWIW
  • J
    JHB
    The S&P has had a terrible first quarter. According to DataTrek Research the index has endured five weeks of decline.

    Based on past data, it is likely that the index will continue to underperform throughout the year.
  • J
    JHB
    Looks like the market is having trouble digesting Powell's rapid changes on the interest rates. His latest word to the IMF was that 50 basis points was on the table. If I was younger with time to wait, I would say this is a good time to pick up some good companies that are fairly priced.
    FWIW

    Sorry for the financial post on this non financial forum.
  • J
    JHB
    What a difference a day makes. Today everybody seemed to have a fear of prolonged inflation. Selling seemed to be widespread across the market.
    Any thoughts from the couple of financial posters on this forum?
  • C
    Captain Hairpiece
    Buffet bought Citi. Should have added more USB. Never liked Citi.
  • J
    JHB
    Market march reported that the S&P had the worst start to a year since 1939.

    Worries surrounding the invasion by Russia of neighboring Ukraine have been amplifying unease about the health of the global economy, as lingering battles with COVID-19 continue to hamstring parts of the world, notably China.

    Out-of-control inflation and a Fed that is eager to stamp it out with higher benchmark interest rates also have been a recipe for ferocious price swings.

    The broad-market S&P 500 SPX, -3.63% closed out Friday down 13.3%, representing the most unsightly four-month period to start a calendar year since 1939, when it declined 17.3%.

    FWIW
  • J
    JHB
    I noticed some news earlier that will upset some of the non financial poster on this forum and give them a case of mule lip.

    The shareholders of WFC elected Richard Davis, former U.S. Bank president and CEO the BOD.

    FWIW