Us Bancorp Stock News

The company missed on both earnings and revenue estimates to end 2021.

These high-quality companies aren't getting the love that they deserve from investors.

Stocks that traded heavily or had substantial price changes Wednesday: Ford, US Bancorp fall; Bank of America, Tegna rise

These are the stocks posting the largest moves in midday trading.

U.S. Bancorp's (USB) Q4 earnings witness a negative surprise on lower revenues and higher costs, partially offset by a healthy capital position.

Bank stocks are on the move Wednesday as investors react to a variety of news from some of the U.S.''s biggest financial institutions.

U.S. Bancorp (USB) CEO Andy Cecere on Q4 2021 Results - Earnings Call Transcript

U.S. Bancorp (USB) shares drop 4.6% in premarket trading after Q4 EPS falls from Q3, on lower net interest income, lower loan fees related to the SBA Paycheck Protection Program,

Futures Rebound Strongly From Overnight Rout As Yields Stabilize After what earlier looked like another assured overnight rout, especially after 10Y yields hit 1.90% and Brent rose as high as $89/bbl, US equity futures reversed earlier losses to trade higher as earnings optimism outweighed concerns over soaring bond yields and a 50bps March rate hike. As of 7:00am ET, emini S&P futures were up 14 points ot 0.3% to 4,585, Nasdaq futures were up 65 points or 0.44% and Dow futures were also in the green by 89 points or 0.25%. The dollar slumped after several days of sharp gains, the 10Y yield traded at 1.8826%, down from the session''s highest levels, and Brent was at $88.23. The prospect of accelerated policy tightening as well as concerns over the omicron variant and inflation hurting companies profits have whipsawed equities this year. The surge in Treasury yields has fueled a rotation out of expensive technology and growth shares and into cheaper parts of the market. Meanwhile, the 10Y yield has continued its aggressive push higher overnight, and hit a fresh 2 year high, rising just above 1.90% for the first time since Jan 2020, before retracing some of the move.

U.S. Bancorp press release (USB): Q4 GAAP EPS of $1.07 misses by $0.03.Revenue of $5.68B (-1.2% Y/Y) misses by $60M.Return on average assets of 1.16% and return on average common

U.S. Bancorp (USB) delivered earnings and revenue surprises of -3.60% and 1.76%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Markets looked ready to regain a bit of ground.