Stock Market News for Oct 17, 2024
U.S. stock markets closed higher on Wednesday buoyed by strong third-quarter 2024 earnings results. Market participants seemed confident about solid fundamentals of the U.S. economy. This evaporates c...
U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. It operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers. In addition, the company offers asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. Further, it provides investment and insurance products to its customers principally within its domestic markets, as well as fund administration services to mutual and other funds. Additionally, the company provides corporate and purchasing card, and corporate trust services. Furthermore, it offers trust and investment management, merchant and ATM processing, mortgage banking, insurance, and brokerage and leasing services. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.
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1015.5 | |
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535.137-1041.71 | |
1 672 975 M | |
15.2914 | |
1 560 M | |
24 897 M | |
1.02 | |
0.0383 | |
1.04 |
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U.S. stock markets closed higher on Wednesday buoyed by strong third-quarter 2024 earnings results. Market participants seemed confident about solid fundamentals of the U.S. economy. This evaporates c...
Shares of U.S. Bancorp USB rose 4.7% as third-quarter 2024 earnings per share of $1.03 surpassed the Zacks Consensus Estimate of $1. Results benefited from lower non-interest expenses. Find the lates...
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