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US Bancorp USB.PR.H


Primary Symbol: USB Alternate Symbol(s):  USB.PR.A | USB.PR.R | USB.PR.S

Financial Services
U.S. Bancorp is a financial service holding company. The Company’s major lines of business are Wealth, Corporate, Commercial and Institutional Banking, Consumer and Business Banking, Payment Services, and Treasury and Corporate Support. The Company provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and ATM processing, and others. Its banking subsidiary, U.S. Bank National Association (USBNA), is engaged in the banking business, principally in domestic markets. USBNA provides a range of products and services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions. Its non-banking subsidiaries offer investment and insurance products to the Company’s customers principally within its domestic markets, and fund administration services to a range of mutual and other funds.


NYSE:USB - Post by User

US Bancorp
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Post by ecolo101on Jun 27, 2024 8:41am
112 Views
Post# 36108563

Yesterday report from Federal Reserve

Yesterday report from Federal ReserveExcellent News for smaller bank

June 26, 2024

Federal Reserve Board annual bank stress test showed that while large banks would endure greater losses than last year's test, they are well positioned to weather a severe recession and stay above minimum capital requirements

dyodd
glta
 
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