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U.S. Bancorp (USB)

NYSE - Nasdaq Real-time price. Currency in USD
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61.12-1.32 (-2.11%)
As of 10:40AM EDT. Market open.
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    U.S. Bancorp (NYSE: USB) generated solid earnings in the third quarter, with $1.30 diluted earnings per share on total revenue of nearly $5.9 billion. U.S. Bancorp, which has $567 billion in assets, has achieved a strong valuation with a differentiated business model that includes a strong traditional banking operation and a more niche payments business that contributes roughly a quarter of the bank's overall profits. U.S. Bancorp's payments business serves a range of clients.