(VIANEWS) – Shares of U.S. Bancorp (NYSE: USB) dropped by a staggering 10.73% to $36.26 at 10:25 EST on Monday, after five successive sessions in a row of losses. NYSE is falling 0.78% to $14,778.26, after two successive sessions in a row of losses. This seems, as yet, a somewhat down trend trading session today.
U.S. Bancorp’s last close was $40.62, 29.87% below its 52-week high of $57.92.
About U.S. Bancorp
U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States. It operates in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; lending services, such as traditional credit products; and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, the company offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as investment management, ATM processing, mortgage banking, insurance, and brokerage and leasing services. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.
Earnings Per Share
As for profitability, U.S. Bancorp has a trailing twelve months EPS of $3.79.
PE Ratio
U.S. Bancorp has a trailing twelve months price to earnings ratio of 9.57. Meaning, the purchaser of the share is investing $9.57 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.95%.
Volume
Today’s last reported volume for U.S. Bancorp is 8553102 which is 3.45% above its average volume of 8267690.
Sales Growth
U.S. Bancorp’s sales growth is 29% for the current quarter and 22.9% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 28, 2022, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 3.91%.
Moving Average
U.S. Bancorp’s worth is way below its 50-day moving average of $47.17 and way under its 200-day moving average of $45.80.
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