U.S. Bancorp is a diversified financial services holding company that operates predominantly through its flagship banking subsidiary, U
S. Bank. The company provides a broad range of financial products and services, including consumer and commercial banking, investment management, mortgage services, and payment processing solutions. With a focus on serving individual clients, small businesses, and corporate entities, U.S. Bancorp is committed to delivering innovative financial solutions tailored to meet the needs of its customers while also engaging in community development and sustainable practices. Through its extensive branch network and digital platforms, the company aims to enhance customer experience and foster financial wellbeing.
U.S. Bank Avvance, a real-time, point-of-sale lending solution, has been selected by Magwitch, a Jacksonville, Fla-based fintech, to provide Point-of-Sale Lending through merchants using Magwitch’s lending-as-a-service platform.
U.S. Bancorp (NYSEUSB), parent company of U.S. Bank, announced today that Felicia La Forgia and Sekou Kaalund will become the newest members of its Managing Committee, a group of top executives who oversee the organization’s revenue lines, enabling functions and independent risk teams.
U.S. Bancorp (NYSEUSB) announced today that President Gunjan Kedia will become the company’s chief executive officer at the conclusion of the organization’s annual meeting of shareholders on April 15. Kedia also was elected to the company’s Board of Directors. Current Chairman and CEO Andy Cecere will serve as executive chairman, continuing to lead the Board of Directors and supporting Kedia as she assumes her new role.
U.S. Bank has named international banking leader Tarek El-Yafi as head of U.S. Bank Global Transaction Services, a new group created to help meet the growing international banking and payment needs of clients.
U.S. Bank has launched a new Smartly™ Visa Signature® Card advertising campaign featuring NFL Hall of Fame quarterback Peyton Manning. In it, Manning’s new hobby is fully realized with help from the Smartly card – a credit card with no annual fee that offers cash back on every purchase, with no spending caps, when paired with a U.S. Bank Smartly® Savings account.
According to FinChat, the lender reported fourth-quarter adjusted earnings of $1.07 per share, compared to market expectations of $1.05 per share in profit.
Wall Street paused for a breather on Thursday, following Wednesday's big rally sparked by a softer-than-predicted December inflation report that fueled speculation on the Federal Reserve delivering interest rate cut
U.S. Bancorp reported its fourth quarter 2024 results today. The earnings release, earnings supplement and slide presentation can be accessed online at ir.usbank.com/investor-relations/financial-information.
(BPT) - Remember when digital payment transactions used to take three to five business days? Even transferring funds between accounts seemingly took forever. And, if you were splitting the bill with someone at a restaurant, there was nothing fast about it. You'd give them a check ... and then it would take three to five days to clear. It seems so antiquated now. In today's digital world, that kind of time lag simply isn't acceptable to many people.
U.S. Bancorp (NYSEUSB) announced today that Courtney Kelso will be joining the company as senior executive vice president and head of Payments: Consumer and Small Business (PCS) effective Feb. 3. In this Managing Committee role, Kelso will be responsible for personal and small business debit and credit cards, Elan, cobrand, and all related functions including business line risk and credit/collections. She will report to company President Gunjan Kedia and be based in New York.
