U.S. Bancorp Depositary Shares,
USB-PS
New York Stock Exchange17.39
USD
-0.19
- -
U.S. Bancorp Depositary Shares,
USB-PS
(New York Stock Exchange)
Recent
price
17.39
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- U.S. Bancorp Depositary Shares (NYSE: USB-PS) represent fractional interests in the company's Series M Noncumulative Perpetual Preferred Stock, issued in February 2022 at $25.00 per depositary share with a fixed dividend rate of 4.50% paid quarterly; each depositary share corresponds to a 1/1,000th interest in a share of preferred stock with a $25,000 liquidation preference per full share and is redeemable by the issuer starting April 15, 2027. U.S. Bancorp, the parent company founded through mergers tracing to 1864 and headquartered in Minneapolis, Minnesota, operates as a diversified financial services holding company primarily through its subsidiary U.S. Bank National Association, offering banking, investment, mortgage, trust, and payment services to consumers, businesses, governmental entities, and other institutions across the Midwest and Western United States including states such as Minnesota, California, Washington, Colorado, and others. Core products and services encompass consumer and business banking with deposit accounts, lending, credit cards, and cash management; payment solutions including Elavon processing and prepaid cards; commercial and institutional banking with foreign exchange, leasing, brokerage, and insurance; wealth management encompassing trust, investment advisory, and asset servicing for closed-end funds; as well as mortgage banking and digital embedded payment platforms. Recent developments include the August 2024 acquisition of Salucro Healthcare Solutions to expand healthcare payment capabilities, a strategic partnership with Edward Jones for integrated banking and credit solutions, announcement of a $5 billion common stock repurchase program in September 2024 to commence in early 2025, and record third-quarter 2025 net revenue of $7.329 billion driven by 9.5% fee revenue growth amid ongoing integration synergies from the 2022 MUFG Union Bank regional franchise acquisition.