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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 22 701 M
EBIT 2018 10 053 M
Net income 2018 6 652 M
Debt 2018 -
Yield 2018 2,56%
P/E ratio 2018 12,67
P/E ratio 2019 11,76
Capi. / Sales 2018 3,74x
Capi. / Sales 2019 3,56x
Capitalization 84 833 M
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US Bancorp Technical Analysis Chart | USB | US9029733048 | 4-Traders
Technical analysis trends US BANCORP
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Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 26
Average target price 57,6 $
Spread / Average Target 12%
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
Arthur D. Collins Independent Director
David B. O'Maley Lead Independent Director
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