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U.S. Bancorp (USB-PQ)

NYSE - Nasdaq Real Time Price. Currency in USD
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16.44-0.33 (-1.97%)
As of 02:50PM EDT. Market open.
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  • 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
    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
    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
    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
    Thoughts from Warren B

    U.S. Bancorp runs a top-notch commercial bank, catering to small businesses, as well as larger corporations through its unique payments business, which sets it apart from its peers.

    Since 2010, U.S. Bancorp has regularly generated strong annual returns on equity in excess of 14%, which is a good indicator of how much money the company has made on shareholder capital. U.S. Bancorp has been a consistent dividend payer and has also consistently increased its dividend since 2010. It's a bank that has regularly been among top industry performers.

    FWIW
  • 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
  • G
    Glosski
    Anybody who has examined their 4Q21 reporting recognizes that there will be impacts as Covid related support measures fall away, defaults increase, and write-offs happen. Looking past those areas, Q2Q and Y2Y this is still a very strong operation - the downgrades baffle me considering the assets being held and rate increases. I'm in the red but holding firm!
  • C
    Captain Hairpiece
    Added more under $50. Bigger Gift! Compounding this great dividend!!!!
  • J
    JHB
    wholesale prices continue to increase. This is an indicator that that price increases at the retail level will continue to rise.
  • J
    JoeSchmo
    On the heels of JPM reporting this morning, if this re-enters the 40's, time to accumulate. USB has limited international exposure.
  • M
    MARK
    USB earnings beat expected 94 shows 99 .....

    * U.S. BANCORP REPORTS FIRST QUARTER 2022 RESULTS

    * QTRLY EARNINGS PER COMMON SHARE $0.99

    * QTRLY NET INTEREST INCOME (TAXABLE-EQUIVALENT BASIS) $3,200 MILLION VERSUS $3,089 MILLION

    * QTRLY TOTAL NET REVENUE $5,596 MILLION VERSUS $5,470 MILLION

    * QTRLY RETURN ON AVERAGE COMMON EQUITY 12.7% VERSUS 19.0% REPORTED LAST YEAR
  • 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
  • J
    JHB
    market watch reported that the 6 largest traded banks have erased 257 billion in market cap since Jan 1,2022. That is a pretty big flush.

    FWIW
  • J
    JoeSchmo
    Congrats to those who bought sub $50 yesterday!