(VIANEWS) – Shares of U.S. Bancorp (NYSE: USB) slid 9.27% to $32.99 at 15:49 EST on Friday, after two successive sessions in a row of gains. NYSE is dropping 1.74% to $14,572.30, following the last session’s upward trend. This seems, at the moment, an all-around bearish trend trading session today.
U.S. Bancorp’s last close was $36.36, 37.22% 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.
U.S. Bancorp has a trailing twelve months price to earnings ratio of 8.71. Meaning, the purchaser of the share is investing $8.71 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%.
Today’s last reported volume for U.S. Bancorp is 29603299 which is 197.34% above its average volume of 9955730.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, U.S. Bancorp’s stock is considered to be overbought (>=80).
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