U.S. Bancorp

U.S. Bank names Massuci and Quevedo to Payments sales leadership team

U.S. Bank appointed Lauren Massuci as head of Financial Institutions Group Sales and Jose Quevedo as head of Diversified Industries Sales within its Payments: Merchant and Institutional Sales Distribution team. Massuci joins from PNC with prior experience at Citi's Treasury and Trade Solutions, while Quevedo was promoted from his role as PMI Sales division manager for the Midwest region. Both report to Peter Geronimo, head of PMI Sales Distribution. The hires are part of an effort to align payments sales more closely with the bank's industry-focused Institutional Client Group approach; the announcement carries no financial or strategic disclosures.

•3d ago

U.S. Bancorp to speak at the BancAnalysts Association of Boston Conference

U.S. Bancorp announced that CFO John Stern and Vice Chair Stephen Philipson will speak at the BancAnalysts Association of Boston Conference on November 6. The fireside chat begins at 10:15 a.m. ET, with a live audio webcast and replay available on the U.S. Bank Investor Relations website. This is a routine scheduling announcement containing no financial results or new disclosures.

•9d ago

Healthcare digital payment adoption outpaces revenue cycle performance, Elavon survey finds

Elavon, a wholly owned subsidiary of U.S. Bank, released a survey of 150 healthcare leaders on digital payment adoption and revenue cycle performance. The survey found 68% of organizations offer nearly all desired payment channels, but only 15% rate revenue cycle performance as excellent, with 76% spending up to 20% of staff time correcting errors. Nearly all respondents plan to explore generative or agentic AI in patient payment operations, and 56% prioritize scalability when evaluating strategic partners -- positioning Elavon's end-to-end payments platform as the solution.

•10d ago

U.S. Bank Freight Payment Index: Shipper Costs Hit Five-Year High as Freight Demand Stalls

U.S. Bank published its Q3 Freight Payment Index showing shipper spending up 32.1% year-over-year, the largest annual increase since 2021, while shipment volumes grew only 0.5%. Tighter carrier capacity and diesel above $6.50 per gallon nationally drove the cost surge, with the Southwest posting a 51.6% annual spending increase and California diesel reaching $8.25 per gallon. The release is a proprietary data product from U.S. Bank's freight payment business, which processes $46 billion in payments annually; it has no direct financial impact on U.S. Bancorp's results.

•10d ago

U.S. Bancorp Announces New U.S. Bancorp Global Funds Brand

U.S. Bancorp launched U.S. Bancorp Global Funds, a new offshore fund platform, with a first product: the U.S. Bancorp Liquidity – USD Treasury CNAV Fund, a UCITS liquidity fund domiciled in Ireland. The platform targets non-U.S. investors seeking U.S. Treasury-focused liquidity exposure, using U.S. Bancorp Asset Management as manager and Carne Group as designated management company. The move is a modest strategic expansion of USB's asset management business internationally, with no quantified financial impact disclosed.

•11d ago

U.S. Bancorp Reports Third Quarter 2026 Results

U.S. Bancorp announced its third quarter 2026 results are available online at its investor relations site, without including any figures in the release itself. CEO Gunjan Kedia and CFO John Stern will host a conference call at 8 a.m. Central Time to review the financial results. This is a logistics notice, not an earnings disclosure; the substantive results live in the linked release and supplement.

•24d ago

U.S. Bancorp Announces Redemption of Medium-Term Notes, U.S. Bank Announces Redemption of Senior Notes

U.S. Bancorp will redeem all outstanding 6.787% Fixed-to-Floating Rate Senior Notes due October 26, 2027 on October 26, 2026 at 100% of principal plus accrued interest. Subsidiary U.S. Bank National Association will redeem two series of senior notes due October 22, 2027 — 4.507% fixed-to-floating notes and floating rate notes — on October 22, 2026, also at par plus accrued interest. The redemptions are routine debt retirement with payment made through The Depository Trust Company and no stated earnings or capital impact.

•0mo ago

U.S. Bank and DAT: Contract and spot truck freight rates diverge

U.S. Bank and DAT published the latest Rates Edition of the U.S. Bank Freight Payment Index, showing contract truckload rates rising through August while spot rates fell from June levels. Dry van spot rates dropped from $2.38 per mile in June to $2.17 in August, while contract rates rose from $2.30 to $2.39, leaving contracts roughly $0.22 per mile above spot. Fuel surcharges climbed from $0.62 to $0.70 per mile, with fuel reaching 24% of the spot rate by August; analysts at DAT warn tightening capacity and rising diesel could push smaller carriers out of the market. The report is a routine quarterly data publication from U.S. Bank's freight payments business, which processes more than $46 billion in freight payments annually; it has no direct financial impact on USB.

•1mo ago

U.S. Bancorp Announces Third Quarter Earnings Conference Call Details

U.S. Bancorp will release third quarter 2026 earnings before market open on Thursday, October 15, 2026. CEO Gunjan Kedia and CFO John Stern will host a conference call at 8 a.m. CT the same day, with webcast and telephone access plus a replay available via the company's investor relations site. This is a scheduling notice only — no financial results or guidance were included.

•1mo ago

U.S. Bank CFO Survey: Optimism Climbing as Growth and Dealmaking Gain Momentum

U.S. Bank published its fall 2026 CFO Insights Report based on an August survey of 1,000 senior finance leaders, showing rising optimism: 68% hold a positive three-year U.S. economy outlook, up from 58% in the spring. Revenue growth has nearly caught cost-cutting as the top finance priority (35% vs. 37%), and M&A appetite climbed into the top-three priorities, with 59% nationally expecting industry deal activity to rise. The report is U.S. Bank's own thought-leadership research supporting its institutional banking franchise; it contains no new financial disclosures about USB itself.

•1mo ago

U.S. Bank Launches New Credit Cards for Small Business Owners with Jessica Alba as Spokesperson

U.S. Bank launched two new small business credit cards, the Business Essentials Visa and Business Essentials Plus Visa Signature, offering unlimited 2% base cash back with boosts to 2.5% and 3.5% when paired with qualifying business checking balances. The Plus card carries a $295 annual fee and adds 5% cash back on the top spend category up to $200,000 annually; welcome bonuses run $500-$1,000 depending on card tier. Jessica Alba debuts as the bank's small business card spokesperson in the accompanying ad campaign, part of a push to deepen integrated banking relationships with small business owners.

•1mo ago

U.S. Bank survey: Americans – led by Gen Z and Millennials – are rewriting the rules of wealth building

U.S. Bank released its 2026 Wealth Survey of 5,000 U.S. adults, finding Gen Z and Millennials start investing earlier (age 19 on average for Gen Z) yet feel further from their financial goals. Many younger respondents say home ownership is unattainable — 29% of Gen Z have given up on it — and are turning to stocks, crypto, and prediction markets as alternative wealth-building paths. The release is branded thought leadership for U.S. Bank Wealth Management and contains no earnings, guidance, or other material corporate disclosure.

•1mo ago

U.S. Bank Increases Prime Lending Rate to 7.00 Percent

U.S. Bancorp raised its prime lending rate to 7.00 percent from 6.75 percent, effective September 17, 2026, at all U.S. Bank locations. The 25-basis-point move is a routine pass-through that tracks the federal funds rate; major banks adjust prime in lockstep after Fed decisions, so the announcement carries little incremental signal for USB. Floating-rate loan yields reprice higher, but funding costs move alongside. U.S. Bancorp is the parent of U.S. Bank National Association, the fifth-largest commercial bank in the United States, serving roughly 15 million clients.

•1mo ago

U.S. Bank Providing Opportunity to Win a Trip to Super Bowl LXI in Los Angeles

U.S. Bank launched its Super Bowl LXI Getaway sweepstakes, offering one winner two game tickets, round-trip airfare for two, hotel accommodations and $1,000 in spending money. Entries are accepted at any U.S. Bank branch between Sept. 8 and Dec. 31, 2026, with no purchase or bank account required; participants must be U.S. residents 18 or older and may enter once. The promotion leverages U.S. Bank's role as Official Bank and Wealth Management Sponsor of the NFL and presenting sponsor of the Super Bowl MVP award, a relationship spanning more than 20 years. This is a brand-marketing initiative to drive branch traffic and reinforce the bank's sports-finance franchise, which serves more than 35 professional teams, stadium, and league-level clients; it carries no material financial impact.

•1mo ago

U.S. Bank Names Lange to Lead Payments for Key Consumer-Facing Industries

U.S. Bank named Calvert Lange senior vice president and Payments: Merchant and Institutional (PMI) Sales Group Head for the Technology, Transportation, Consumer and Hospitality sectors within its Institutional Client Group. Lange brings more than 18 years of payments and treasury experience, having previously led Citi's Payments & Liquidity Product Sales group and served three years in Deutsche Bank's Global Transaction Banking division. Her team delivers payment and treasury management solutions to technology, media, telecom, automotive, transportation, consumer and hospitality companies, and the bank frames the hire as a way to deepen client relationships in key growth sectors. This is routine personnel news with no disclosed financial impact.

•1mo ago

U.S. Bancorp to Speak at the Barclays Global Financial Services Conference

U.S. Bancorp Chairman and CEO Gunjan Kedia and Vice Chair and CFO John Stern will participate in a fireside chat at the Barclays Global Financial Services Conference at 9:45 a.m. ET on Wednesday, September 16 in New York. A live audio webcast will be available on the U.S. Bank Investor Relations website on the day of the conference, with a replay posted afterward. The release is a routine scheduling notice with no financial figures or guidance; the fireside chat itself may carry mid-quarter commentary on rates, credit, and outlook worth monitoring.

•1mo ago

U.S. Bank introduces new campaign featuring San Francisco 49ers running back Christian McCaffrey

U.S. Bank launched a new marketing campaign featuring San Francisco 49ers running back Christian McCaffrey. The campaign highlights the bank’s Bank Smartly product and its partnership with the NFL to support small businesses. The initiative is part of a broader sports and culture strategy, including a multi-year extension of the bank’s sponsorship with the 49ers.

•2mo ago

U.S. Bank Expands Support for Manufacturers With Specialized Industry Expertise and Tailored Financial Solutions

U.S. Bank announced an expanded business banking focus on manufacturing clients, built around specialized training for relationship managers, dedicated foreign-exchange specialists, fraud-prevention seminars, and enhanced conventional and SBA lending options. The initiative targets businesses with up to $50 million in annual revenues and includes the 2026 appointment of Suzanne Widing as business banking industry specialist for manufacturing; the bank's Manufacturing Vendor Services unit has offered equipment financing for more than 40 years. U.S. Bank will showcase the manufacturing push as an exhibitor at the International Manufacturing Technology Show in Chicago Sept. 14-19 and at Fabtech in Las Vegas in October, plus client events in Cleveland, Minneapolis and Phoenix. The release contains no financial metrics or revenue targets, making it a marketing-level update with minimal trading relevance for USB.

•2mo ago

U.S. Bank Launches New Brand Campaign Featuring Chief Financial Playmaker Fernando Mendoza

U.S. Bank launched a new brand campaign featuring NFL quarterback Fernando Mendoza, designated as the bank’s Chief Financial Playmaker, to make financial conversations more approachable for younger audiences. The campaign is part of the bank’s broader 'The Power of Us' platform and leverages its status as an Official Bank and Wealth Management Sponsor of the NFL to reach Gen Z and football fans. Content includes the 'Cozy Cash' and 'Making Plays' video series, which highlight the bank’s tools and offerings such as Bank Smartly and Financial Edge.

•2mo ago

U.S. Bank Wealth Management Names Chris Peary Chief Private Banking Officer

U.S. Bank Wealth Management named Chris Peary as its new chief private banking officer to lead its affluent and ultra-high-net-worth client strategies. Peary is a 20-year veteran of the firm, previously serving as national banking lead for Ascent Private Capital Management. The promotion emphasizes continuity, with Peary reporting to Wealth Management President Scott Ford.

•2mo ago

U.S. Bank Freight Payment Index: Shippers pay more as trucking capacity tightens

The U.S. Bank Freight Payment Index for Q2 2026 shows national freight spending rising 28.1% year-over-year while shipment volumes fell 2.8%, indicating significant tightening in trucking capacity. Capacity constraints were cited as the primary driver of increased costs, outweighing softer demand and contributing to a 6.4% sequential increase in spending despite a 1.1% drop in volume. U.S. Bank Freight Payment, which processes $46 billion in payments annually, reports that spending increased across all five U.S. regions, with the Southwest seeing the largest year-over-year spending increase at nearly 40%.

•3mo ago

U.S. Bank and GENYOUth Team Up to Expand Access to Flag Football in Schools and Communities

U.S. Bank announced a $250,000 partnership with GENYOUth and the NFL to expand access to flag football in schools and communities. The funding supports the NFL FLAG-In-School program, initially focusing on Los Angeles, San Francisco, and the Twin Cities. This initiative builds on U.S. Bank's existing multiyear sponsorship as an official bank and wealth management partner of the NFL.

•3mo ago

U.S. Bancorp Reports Second Quarter 2026 Results

U.S. Bancorp announced the availability of its second quarter 2026 financial results and related materials on its investor relations website. CEO Gunjan Kedia and CFO John Stern will host a conference call at 7 a.m. Central Time to review the results. U.S. Bancorp is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States.

•3mo ago

U.S. Bancorp Announces Second Quarter Earnings Conference Call Details

U.S. Bancorp will release its second quarter 2026 earnings results before the market opens on Thursday, July 16, 2026. Chairman and CEO Gunjan Kedia and CFO John Stern will host a conference call at 7 a.m. CT to review the financial results. The call will be available via webcast on the company’s investor relations website or by telephone for participants in the U.S. and Canada.

•4mo ago

NYSE Content Update: Doncasters Shares Jump 42% in NYSE Trading Debut

The New York Stock Exchange issued a routine pre-market content update summarizing floor activities and upcoming bell ceremonies. Customers Bancorp (CUBI) is mentioned only as ringing the Closing Bell to mark its Global Youth Leadership Boot Camp. The update also includes brief notes on Doncasters' IPO debut, a U.S. Bank small business report, and a Society for Immunotherapy of Cancer event.

•4mo ago

U.S. Bank Survey Finds Gen Z Small Business Owners Are Making Bigger Bets to Drive Growth

U.S. Bank released its annual Small Business Perspective survey, highlighting Gen Z owners' aggressive growth strategies and resilience despite economic pressures. The data shows 91% of owners plan growth-oriented actions, with Gen Z owners reporting higher growth rates but lower revenue baselines compared to older generations. Adoption of generative AI continues to rise, reaching 75% usage, while small businesses prioritize predictable fees and fraud protection in banking partners.

•4mo ago

U.S. Bancorp Announces Quarterly Dividends

The Board of Directors declared a regular quarterly dividend of $0.52 per common share, payable July 15, 2026 to holders of record June 30. This rate equates to an annual dividend of $2.08 per share. The Board also declared dividends on Series A, B, K, L, M, N, and O Non-Cumulative Perpetual Preferred Stock.

•4mo ago

U.S. Bancorp Names Brian Mauney Head of Investor Relations

U.S. Bancorp appointed Brian Mauney as the new head of Investor Relations, charging him with leading the company’s communications strategy from New York. Mauney joins from KeyCorp, where he most recently served as head of investor relations, bringing over 25 years of experience across equity research, investment banking and corporate strategy. CFO John Stern noted that Mauney’s experience will be instrumental in ensuring transparency and strengthening engagement with the investment community.

•4mo ago

U.S. Bancorp to Speak at the Morgan Stanley U.S. Financials Conference

U.S. Bancorp announced that CEO Gunjan Kedia and CFO John Stern will speak at the Morgan Stanley U.S. Financials Conference. The fireside chat is scheduled for June 10 at 9:45 a.m. ET in New York. A live audio webcast and replay will be available on the company's Investor Relations website.

•5mo ago

U.S. Bancorp Provides Updated Schedule for 2027 Earnings Conference Calls

U.S. Bancorp released an updated schedule for its 2027 quarterly earnings conference calls. First Quarter 2027 results are set for April 16, Second Quarter for July 15, and Third Quarter for October 20. The release also confirmed the remaining 2026 call dates: Q2 on July 16, Q3 on October 15, and Q4 on January 19, 2027.

•5mo ago

U.S. Bank CFO Survey: Geopolitics and Inflation Rise on the Risk Agenda, but CFOs Keep Moving on Growth, Deals

U.S. Bank released its 2026 CFO Insights Report, surveying 1,000 finance leaders to find that cost cutting remains the top priority while revenue growth concerns have risen sharply. Nearly half of the CFOs indicated they are more likely to pursue acquisitions in the next 12 months, favoring bolt-on deals over transformational ones. Despite rising concerns over geopolitics and inflation, 58% of respondents maintain a positive three-year economic outlook.

•6mo ago

U.S. Bank Freight Payment Index: Shipper Spending Surges Amid Modest Freight Volumes

U.S. Bank released its Q1 2026 Freight Payment Index, reporting that shipper spending jumped 12.9% quarter-over-quarter despite a 0.3% dip in shipment volumes. The report attributes the spending surge to tightening capacity and a spike in diesel fuel prices, with year-over-year spending climbing 21.8%. U.S. Bank Freight Payment processes $46 billion in freight payments annually, providing data-driven market insights to industry participants.

•6mo ago

NFL Veteran Steven Israel joins U.S. Bank Wealth Management to Drive Efforts to Help Professional Athletes with their Financial Needs

U.S. Bank hired former NFL player Steven Israel as a Wealth Management Consultant to expand services for professional athletes. The hire follows a multi-year partnership naming U.S. Bank as an official bank and wealth management sponsor of the NFL. Israel brings over a decade of experience from J.P. Morgan Private Bank and will be based in Charlotte, NC.

•6mo ago