US Bancorp (USB) Stock

The Zacks Major Regional Banks are facing challenges due to high funding costs and low asset quality. However, factors such as interest rate cuts, good loan demand, strong economic growth, and business restructuring may benefit companies like USB, TFC, BK, and NTRS.

U.S. Bancorp (USB) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

Dublin, Jan. 02, 2025 (GLOBE NEWSWIRE) -- A new report titled "Retimer Market by PCIe (including PCIe 1.0 to PCIe 6.0), CXL, USB, SATA, HDMI, ThunderBolt, Ethernet, DisplayPort Interfaces, Servers, Storage Devices, Accelerators, Workstations, Routers, Gaming PCs - Global Forecast to 2029" has been released by ResearchAndMarkets.com. The report predicts that the global retimer market will increase from USD 613.6 million in 2024 to USD 1.02 billion by 2029, with a compound annual growth rate (CAGR) of 10.7% during this period.

Dublin, Jan. 02, 2025 (GLOBE NEWSWIRE) -- ResearchAndMarkets.com has released a new report titled "USB Type-C Market 2024-2028." The USB Type-C market is anticipated to grow significantly, with an expected increase of USD 17.35 billion from 2023 to 2028. This growth is driven by a compound annual growth rate (CAGR) of 17.1%, highlighting the quick rise and acceptance of USB Type-C technology in different industries.

SANTA ANA, Calif., Dec. 30, 2024 (GLOBE NEWSWIRE) -- As car technology improves, there is a growing demand for better diagnostic tools. The introduction of the VDIAGTOOL VD70S shows how the industry is evolving, as it includes both Wi-Fi and USB connections in one device. This tool is designed to help technicians with their daily tasks by providing various features that enhance diagnostic accuracy and efficiency in vehicle repairs.

U.S. Bancorp (NYSE:USB) will participate in the Goldman Sachs 2024 U.S. Financial Services Conference Call on December 11, 2024, at 9:20 AM ET. The company representatives include Andrew Cecere, the Chairman and CEO, and John Stern, the Senior Executive VP and CFO. Richard Ramsden from Goldman Sachs Group is pleased to introduce the next panelists.

Dublin, Nov. 14, 2024 (GLOBE NEWSWIRE) -- ResearchAndMarkets.com has included a new report titled "USB Camera Controller Market: Analysis By Type, By Device Type, By Connectivity, By Application, By Region Size and Trends and Forecast up to 2029." In 2023, the global USB camera controller market was valued at US$2.01 billion and is expected to grow to US$4.30 billion by 2029. The market is anticipated to expand at a compound annual growth rate (CAGR) of 13.53% from 2024 to 2029.

U.S. Bancorp (NYSE:USB) will participate in the BancAnalysts Association of Boston's Annual Bank Conference on November 7, 2024, at 10:30 AM ET. The company will be represented by John Stern, the Senior Executive Vice President and Chief Financial Officer, and Stephen Philipson, the Senior Executive Vice President and Head of Wealth, Corporate, Commercial, and Institutional Banking. Gerard Benson from Fidelity will also be joining the conference call.

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank has lowered its Prime Lending Rate to 7.75 percent.