|Last Price$45.05||Day Change (%)1.85%|
|Open Price$44.43||Day Change ($)0.82|
|Day Range44.38–45.14||52-Week Range37.07–45.14|
As of Thu 10/27/2016 1:53:00 PM | USD
U . S . Bancorp Announces Redemption of Medium-Term Notes
Fitch Affirms Wells Fargo & Company IDRs at 'AA-/F1+'; Outlook Revised to Negative
More volatile equity markets impact the buying and selling activity of our top managers.
Morningstar analysts clarify why bank moats can vary from country to country, despite these institutions operating similar business models.
We recently upgraded a few banks and enterprise software firms to wide moat status, and raised our fair value estimates on health-care REITs.
INSERTING and REPLACING Elavon Helps Simplify Healthcare Payments for Providers and Patients
U . S . Bancorp's wealth management and securities services business contributed $41 million to the bank's bottom line in the fourth quarter of 2012, down $2 million, or 4.7%, from the previous quarter, but unchanged from the same quarter a year earlier.
Brett Meili joined U . S . Bancorp Fund Services as legal counsel to provide support for the organizations' growing alternative investment products and services.
U . S . Bancorp has agreed to purchase Deutsche Bank's municipal bond trustee business, which has about $57 billion of assets under administration and 1,100 trust and agency contracts.
Cost control will sharpen further in 2013, given continued pressure from low interest rates and loan competition, U . S . Bancorp says. Other banks will face similar challenges.