U.S. Bancorp (USB-PQ)

MASSIVE order are coming in at the close, huge volume. Large institutions on the move again🤑🚀

This is why it is down today... the executive management should have to pay this fine and pay share holders for our trade losses! What a bunch of ASHES!

U.S. Bancorp is fined $37.5 million for opening sham accounts.

Now everyone on the forum knows.

disappointed to see USB join the fake account crowd. Thought they were better than that.

Thanks to those who are making financial post on this forum. Only one loner left in the cage.

Just sold my entire position. Creating fake accounts is bad business. Look at what happened to Wells Fargo

USB looks like it is about to drop. Be careful guys. I have been reading (http://Achieverspot.tech) and their stocks have been doing way better.

Oppenheimer Adjusts U.S. Bancorp Price Target to $72 From $68, Maintains Outperform Rating, This is a long haul from 47.20 to 72. Man has balls. Gives it a year to get there. I bought another 1K shares this morning. Hope it hits that 72. It ja making me happy

So article I read says CFPB investigation is 5 years old & USB reviewed practices in 2016. Yeah this isn't good, but kind of old news & $37.5 million isn't much for such a business.

You will never find this best of breed Bank this cheap. One year from now it will be over 60.

Always nice to punish shareholders of 2022 for management sins from the last decade. Your gubmint in action. Say, how they doing with Hunter?

what the HelI is going on here!......I am so upset about this news!.........5% drop!!!!....I want an explanation !

Oh Kay! Will we see more drop in price? Counting on it

LOL 😂 The Market says all my handwringing is wasted emotion. Up 3%! Well, I hold 5000+ shares so I’m not rooting against my own interests. Maybe this scandal is “behind us.” Looks like Wells Fargo took all the bullets being first at the sacrificial altar for bad corporate behavior.

This thing will be radioactive for years to come. WFC is still under the gun and USB will be no different.

Bought more at the low today.

Adding!

Cramer will be telling you to buy tomorrow.

Appears a dividend increase is looming, and it it right on schedule:
Given the strong performance of this year’s stress tests, additional capital distributions, whether through a potential common stock dividend increase or resumption of share repurchases under U.S. Bancorp’s existing share repurchase program, will be determined after closing of the company’s acquisition of MUFG Union Bank’s core regional banking franchise.

I don't get it! US Bank beats profit and revenue estimates, even if they were lowered by the analyst. WFC and BAC miss profit estimates yet their share prices sell off much less than US Bank. Why do we keep getting hammered worse than those two?