Associated tags: U.S. Bancorp, Bank holding company, Commercial bank, Payment, Corporation, Social responsibility, Banking, Professional Services, Finance, NYSE, USB, Bank, Public sector banks in India, Corporate Commercial Bank
Locations: BOSTON, MASSACHUSETTS, UNITED KINGDOM, EUROPE, LONDON, UNITED STATES, NORTH AMERICA, MINNESOTA
Banking,
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Finance,
BNY Mellon,
PBS,
McKinsey & Company,
Bank holding company,
Tepper School of Business,
Carnegie Mellon University,
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Cecere,
State Street,
Multimedia,
USB,
Growth,
Woman U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced today that Gunjan Kedia will be its new president, reporting to Andy Cecere, who will retain the title of chairman and CEO.
Key Points:
- U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced today that Gunjan Kedia will be its new president, reporting to Andy Cecere, who will retain the title of chairman and CEO.
- View the full release here: https://www.businesswire.com/news/home/20240503289625/en/
In this role, Kedia, 53, will oversee the company’s three business lines, ensuring a shared focus on growth and holistic client experiences across its entire network.
- “During her more than seven years with U.S. Bank, Gunjan has shown herself to be a visionary leader who understands our business and is driven to help us perform at our best.
- I am deeply honored to be trusted with this opportunity to drive our future success in a broader way,” Kedia said.
Personal Finance,
Finance,
Other Transport,
Banking,
Trucking,
Professional Services,
Logistics,
Supply Chain Management,
Transport,
American Trucking Associations,
Pressure,
Hope,
Rail freight transport The latest U.S. Bank Freight Payment Index revealed that the U.S. truck freight market contracted significantly during the first three months of 2024.
Key Points:
- The latest U.S. Bank Freight Payment Index revealed that the U.S. truck freight market contracted significantly during the first three months of 2024.
- “While there was hope for a freight market turnaround to start the year, our data shows that the challenges continued,” said Bobby Holland, director of freight business analytics, U.S. Bank.
- “Nationally, this was the eighth straight quarter of year-over-year volume decreases and the fifth straight with a drop in spending.”
The U.S. Bank Freight Payment Index regional data shows how widespread the current challenges are for the truck freight market.
- The most severe contraction was in the Northeast, where spending dropped 34.8% year-over-year and shipments fell 33.9%.
U.S. Bancorp (NYSE: USB) announced today that Vice Chair and Chief Administration Officer Terry Dolan and Senior Executive Vice President and Chief Financial Officer John Stern will present at the Barclays Americas Select Franchise Conference 2024.
Key Points:
- U.S. Bancorp (NYSE: USB) announced today that Vice Chair and Chief Administration Officer Terry Dolan and Senior Executive Vice President and Chief Financial Officer John Stern will present at the Barclays Americas Select Franchise Conference 2024.
- The presentation will begin at 9 a.m. BST (3 a.m. Central Time) on Tuesday, May 7 in London.
- A live audio webcast will be available on the day of the conference, at the “ Webcasts and Presentations ” section of the U.S. Bank Investor Relations website .
- A replay will be made available on the same site following the event.
Personal Finance,
Finance,
Banking,
Professional Services,
Other Professional Services,
Consumer,
Hospitality,
U.S. Bancorp,
Investment,
Risk,
AI,
International finance,
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Life,
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Cryptocurrency U.S. corporate finance leaders have increased focus on cutting costs to prepare their firms for potential economic and geopolitical uncertainty, according to the fourth annual U.S. Bank CFO Insights Report .
Key Points:
- U.S. corporate finance leaders have increased focus on cutting costs to prepare their firms for potential economic and geopolitical uncertainty, according to the fourth annual U.S. Bank CFO Insights Report .
- The survey of more than 2,000 senior finance leaders nationwide revealed the top two priorities are cutting costs within the finance function and across the entire business.
- Cutting costs within the finance function has nearly doubled as a priority since the U.S. Bank CFO Insights Report began in 2021.
- While cost cuts are top of mind, this year’s survey found finance leaders are more confident about balancing growth initiatives and cost cutting.
Retrieved on:
Wednesday, April 17, 2024
U.S. Bancorp reported its first quarter 2024 results today.
Key Points:
- U.S. Bancorp reported its first quarter 2024 results today.
- The earnings release, earnings supplement and slide presentation can be accessed online at ir.usbank.com/investor-relations/financial-information .
- At 7 a.m. Central Time, Chairman, President and Chief Executive Officer Andy Cecere and Senior Executive Vice President and Chief Financial Officer John Stern will host a conference call to review the financial results.
- To access the webcast and presentation, visit U.S. Bancorp’s website at usbank.com and click on “
Personal Finance,
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Other Professional Services,
Trust,
Corporation,
Wealth management,
U.S. Bancorp,
Bank,
Institution,
Commercial,
System 1 in overall customer satisfaction for Wealth Management in the J.D.
Key Points:
- 1 in overall customer satisfaction for Wealth Management in the J.D.
- Full-Service Investor Satisfaction Study, the bank shared today.
- The survey of 9,951 investors rates customer satisfaction among those who work directly with a dedicated financial advisor or team of advisors.
- We have a talented and passionate team of advisors who are there for our clients at every stage of their wealth journeys.
Retrieved on:
Wednesday, March 27, 2024
U.S. Bancorp (NYSE: USB) will release its first quarter 2024 earnings results before the market opens on Wednesday, April 17, 2024.
Key Points:
- U.S. Bancorp (NYSE: USB) will release its first quarter 2024 earnings results before the market opens on Wednesday, April 17, 2024.
- At 7 a.m. CT, Chairman, President and Chief Executive Officer Andy Cecere and Senior Executive Vice President and Chief Financial Officer John Stern will host a conference call to review the financial results.
- The live conference call will be available online or by telephone.
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.49 per common share, payable April 15, 2024, to stockholders of record at the close of business on March 29, 2024.
Key Points:
- The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.49 per common share, payable April 15, 2024, to stockholders of record at the close of business on March 29, 2024.
- At this quarterly dividend rate, the annual dividend is equivalent to $1.96 per common share.
- A regular quarterly dividend of $390.264 per share (equivalent to $0.390264 per depositary share) on the Series B Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2024, to stockholders of record at the close of business on March 29, 2024.
- A regular quarterly dividend of $250.000 per share (equivalent to $0.250000 per depositary share) on the Series M Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2024, to stockholders of record at the close of business on March 29, 2024.
U.S. Bancorp (NYSE: USB) announced today that due to a vendor error, the live audio webcast of the company’s presentation at the RBC Capital Markets Global Financial Institutions Conference on Tuesday was temporarily not available in full.
Key Points:
- U.S. Bancorp (NYSE: USB) announced today that due to a vendor error, the live audio webcast of the company’s presentation at the RBC Capital Markets Global Financial Institutions Conference on Tuesday was temporarily not available in full.
- A full replay version of the audio webcast is now available at the “ Webcasts and Presentations ” section of the U.S. Bank Investor Relations website .
Professional Services,
DEI (Diversity, Equity and Inclusion),
Environmental, Social and Governance (ESG),
Environment,
Sustainability,
Finance,
Banking,
Ethics,
Culture,
Organization,
ESG For the 10th consecutive year, U.S. Bank has been named one of the World’s Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.
Key Points:
- For the 10th consecutive year, U.S. Bank has been named one of the World’s Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.
- U.S. Bank is one of four honorees in the banking category and the only U.S.-based bank to be honored for 10 consecutive years.
- The listed 2024 World’s Most Ethical Companies® honorees outperformed a comparable index of global companies by 12.3% from January 2019 to January 2024.
- Congratulations to U.S. Bank for achieving this honor and demonstrating that strong ethics is good business.”
