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MarketScreener Homepage  >  Equities  >  Nyse  >  US Bancorp    USB

US BANCORP (USB)
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US Bancorp : U.S. Bank Raises Prime Lending Rate to 5.00 Percent from 4.75 Percent Effective June 14, 2018

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06/14/2018 | 12:01am CEST

U.S. Bancorp (NYSE:USB) announced it has raised its prime lending rate to 5.00 percent from 4.75 percent, effective June 14, 2018 at all U.S. Bank locations.

U.S. Bancorp last announced a change in its prime lending rate on March 21, 2018, when it was increased 25 basis points to 4.75 percent.

About U.S. Bank
U.S. Bancorp, with 74,000 employees and $460 billion in assets as of March 31, 2018, is the parent company of U.S. Bank, the fifth-largest bank in the United States. The Minneapolis-based bank blends its branch and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank a 2018 World’s Most Ethical Company. Visit U.S. Bank online or follow on social media to stay up to date with company news.


© Business Wire 2018
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Financials ($)
Sales 2018 22 545 M
EBIT 2018 10 045 M
Net income 2018 6 680 M
Debt 2018 -
Yield 2018 2,50%
P/E ratio 2018 13,11
P/E ratio 2019 12,24
Capi. / Sales 2018 3,85x
Capi. / Sales 2019 3,68x
Capitalization 86 812 M
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Technical analysis trends US BANCORP
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Mean consensus HOLD
Number of Analysts 25
Average target price 57,2 $
Spread / Average Target 7,2%
EPS Revisions
Managers
NameTitle
Andrew J. Cecere Chairman, President & Chief Executive Officer
Jeffry H. von Gillern Vice Chairman-Technology & Operations
Terrance R. Dolan Vice Chairman & Chief Financial Officer
Jason Witty Chief Information Security Officer & EVP
Arthur D. Collins Independent Director
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