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MarketScreener Homepage  >  Equities  >  Nyse  >  US Bancorp    USB

US BANCORP

(USB)
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US Bancorp : Investigation for US Bancorp and US Bank National Association data breach continues

10/07/2020 | 12:46pm EST

Houston-based Emerson Firm PLLC, will be continuing its investigation regarding a data breach at U.S. Bancorp and U.S. Bank National Association (collectively 'U.S. Bank') that affected U.S. Bank customers by compromising their personal data, according to news release.

On July 30, 2020, a computer server containing personal and identifiable information of U.S. Bank customers, was physically stolen from an undisclosed U.S. Bank corporate office. The stolen data reportedly included names and account numbers, but there is concern it could also encompass additional sensitive information.

Although the theft of the information occurred in July, U.S. Bank began notifying affected consumers of the data breach incident in Sept., without explaining why they waited to communicate to customers.

"The privacy and security of customer information is our top priority. We recently began notifying the limited number of individuals impacted about the theft of a physical server from a secure, locked location in one of our offices. We value the confidence our customers place in us, and we apologize to our customers who may have been impacted by this criminal act. We are taking steps to assist them while we work with law enforcement on the investigation and recovery of the hardware," Lee Henderson, vice president, public affairs and communications, U.S. Bank, said in an interview with this publication.

Copyright © 2020 Networld Media. All rights reserved., source Industry News

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Financials (USD)
Sales 2020 23 278 M - -
Net income 2020 4 594 M - -
Net Debt 2020 - - -
P/E ratio 2020 14,6x
Yield 2020 3,80%
Capitalization 66 600 M 66 600 M -
Capi. / Sales 2020 2,86x
Capi. / Sales 2021 2,91x
Nbr of Employees 69 651
Free-Float 70,8%
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Technical analysis trends US BANCORP
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 45,55 $
Last Close Price 44,21 $
Spread / Highest target 44,8%
Spread / Average Target 3,04%
Spread / Lowest Target -9,52%
EPS Revisions
Managers
NameTitle
Andrew J. Cecere Chairman, President & Chief Executive Officer
Jeffry H. von Gillern Vice Chairman-Technology & Operations Services
Terrance R. Dolan Chief Financial Officer & Vice Chairman
Olivia Faulkner Kirtley Lead Independent Director
Roland A. Hernandez Independent Director
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