U.S. Bancorp (USB)

The Board of Directors of U.S. Bancorp (NYSEUSB) has declared a regular quarterly dividend of $0.50 per common share, payable April 15, 2025, to stockholders of record at the close of business on March 31, 2025. At this quarterly dividend rate, the annual dividend is equivalent to $2.00 per common share.

For the 11th consecutive year, U.S. Bank has been named one of the World’s Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

U.S. Bank's Lead Software Engineer, Muthu Selvam, joins the 2025 Global Recognition Awards judging panel, bringing expertise in artificial intelligence integration and digital banking. His experience in secure financial technologies and his membership in the Institute of Electrical and Electronics Engineers enhance evaluation standards.

U.S. Bancorp (NYSEUSB) announced today that Senior Executive Vice President and Chief Financial Officer John Stern and Senior Executive Vice President and Head of Consumer and Business Banking Products Arijit Roy will present at the RBC Capital Markets Global Financial Institutions Conference 2025.

U.S. Bank and the LA Clippers announced today a long-term sponsorship naming U.S. Bank as an official banking partner of the Clippers organization and its new arena Intuit Dome. The sponsorship begins immediately and includes marquee brand integrations, U.S. Bank lounge premium club space, broadcast elements, digital assets, community initiatives and card member benefits. Additionally, U.S. Bank will be a founding level sponsor of the new state-of-the-art Intuit Dome. The multi-year sponsorship will include community activations focused on supporting the Los Angeles area both on and off the court.

U.S. Bancorp (NYSEUSB) announced today that top leaders will present at the upcoming UBS Financial Services Conference 2025 and the Bank of America Securities Financial Services Conference 2025.

The truck freight market closed out 2024 with further declines in shipments and spending, according to the latest U.S. Bank Freight Payment Index. Fourth quarter shipment volume was down 4.7% compared to the prior quarter while spending dropped 2.2%.

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.

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.

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.

U.S. Bancorp (NYSEUSB) will release its fourth quarter 2024 earnings results before the market opens on Thursday, January 16, 2025. At 8 a.m. CT, Chairman 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.

iQSTEL, Inc. (Symbol: IQST ) is a US-based multinational company in the final stages of the path to becoming listed on Nasdaq. With FY2023 revenues of $144 million and a forecasted $290 million in revenue, alongside positive operating income of seven digits for FY-2024 for their operating subsidiaries, the Company is positioning itself for explosive growth. The iQSTEL, Inc. mission is to serve basic human needs in today's modern world by making essential tools accessible, regardless of race, ethnicity, religion, socioeconomic status, or identity. iQSTEL recognizes that modern human needs such as physiological, safety, relationship, esteem, and self-actualization are marginalized without access to ubiquitous communications, financial freedom, clean, affordable mobility, and information.

U.S. Bancorp (NYSEUSB) announced it has decreased its prime lending rate to 7.50 percent from 7.75 percent, effective tomorrow, December 19, 2024, at all U.S. Bank locations.

The Board of Directors of U.S. Bancorp (NYSEUSB) has declared a regular quarterly dividend of $0.50 per common share, payable January 15, 2025, to stockholders of record at the close of business on December 31, 2024. At this quarterly dividend rate, the annual dividend is equivalent to $2.00 per common share.

U.S. Bancorp (NYSEUSB) announced today that Chairman and CEO Andy Cecere and Senior Executive Vice President and Chief Financial Officer John Stern will present at the Goldman Sachs Financial Services Conference.

U.S. Bank announced Kristy Carstensen as the new leader of its Global Treasury Management business. In this position, Carstensen heads the unit that provides comprehensive treasury management and payment solutions to the bank’s business, government and institutional clients. In addition to Global Treasury Management, Carstensen will also oversee the bank’s prepaid card organization.

U.S. Bank has unveiled a new travel booking platform for U.S. Bank credit cardholders to reserve hotels, flights and rental cars. The U.S. Bank Travel Center with Booking.com, powered by Rocket Travel by Agoda, elevates travel planning and booking experiences through Rocket Travel by Agoda’s advanced booking technology and global online travel planning expertise and support.

U.S. Bancorp (NYSEUSB) will host conference calls to review quarterly financial results on the following dates:

U.S. Bancorp (NYSEUSB) announced it has decreased its prime lending rate to 7.75 percent from 8.00 percent, effective tomorrow, November 8, 2024, at all U.S. Bank locations.

U.S. Bancorp (NYSEUSB) announced today that Senior Executive Vice President and Chief Financial Officer John Stern and Senior Executive Vice President and Head of Wealth, Corporate, Commercial and Institutional Banking Stephen Philipson will present at the BancAnalysts Association of Boston Conference.

Truck freight shipments and spending continued to contract in the third quarter, albeit at a slower pace than earlier this year, according to the latest U.S. Bank Freight Payment Index. Shipments were down 1.9% compared to the previous quarter while spending dropped 1.4%. This was the ninth consecutive quarterly decrease in volume, but the smallest drop in more than a year.