Investors See "All-Hands-On-Deck" Signal for AI
With an AI gold rush sweeping the globe, the world's richest men are piling in. Tech magnates like Bill Gates, Jeff Bezos, and Mark Zuckerberg have been spending billions to keep up with the AI boom. The tech companies themselves are one a buying spree of young companies with the next generation of AI technology.
Shares Stats
| Shares Outstanding | 1,502,569,984 |
| Shares Float | 1,498,756,325 |
| Shares Short | 14,827,928 |
| Insider Holdings | 9% |
| Institution Holdings | 75.22% |
About U.S. Bancorp
U.S. Bancorp, a financial services holding company, provides various financial services in the United States. It operates in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; lending services, such as traditional credit products; and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, the company offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as cash and investment management, ATM processing, mortgage banking, and brokerage and leasing services. As of December 31, 2020, the company provided its products and services through a network of 2,434 banking offices principally operating in the Midwest and West regions of the United States, as well as through online services and over mobile devices; and operated a network of 4,232 ATMs. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.
General
| Name | U.S. Bancorp |
| Ticker | USB |
| Exchange | NYSE |
| Sector | Financial Services |
| Industry | Banks-Regional |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 68,108 |
Highlights
| Analyst Target | 54.85 |
| Market Cap | 84,549,615,616 |
| PE Ratio | 13.87 |
| PEG Ratio | 2.04 |
Financials
| Curr Year EPS Estimate | 3.79 |
| Next Quarter EPS Estimate | 0.86 |
| Profit Margin | 0.26 |
| Return on Assets | 0.01 |
| Return on Equity | 0.09 |
| Revenue | 19,242,000,384 |
| Earnings Per Share | 3.06 |
| Revenue Per Share | 12.75 |
| Gross Profit | 19,242,000,000 |
| Quarterly Revenue Growth | 0.02 |
Valuation
| Trailing PE | 18.39 |
| Forward PE | 15.11 |
| Price/Sales (Trailing 12 Mt.) | 3.54 |
| Price/Book (Most Recent Quarter) | 1.74 |
Dividend
U.S. Bancorp pays out a dividend of $1.68 per share, with a dividend yield of 4.59%.
USB's last dividend payment was made to shareholders on January 15, 2021.
They pay out 54.72% of their earnings out as a dividend.
Recent Dividends
| Apr 15, 2024 | $0.49 |
| Jan 16, 2024 | $0.49 |
| Oct 16, 2023 | $0.48 |
| Jul 17, 2023 | $0.48 |
| Apr 17, 2023 | $0.48 |
| Jan 17, 2023 | $0.48 |
| Oct 17, 2022 | $0.48 |
| Jul 15, 2022 | $0.46 |
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