US Bancorp traded at $61.96 this Wednesday July 1st, increasing $1.56 or 2.58 percent since the previous trading session. Looking back, over the last four weeks, US Bancorp gained 13.48 percent. Over the last 12 months, its price rose by 30.47 percent. Looking ahead, we forecast US Bancorp to be priced at 59.64 by the end of this quarter and at 56.00 in one year, according to Trading Economics global macro models projections and analysts expectations.
U.S. Bancorp is a financial service holding company. It provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and automated teller machine processing, mortgage banking, insurance, brokerage and leasing. Its banking subsidiaries, U.S. Bank National Association and MUFG Union Bank, N.A., are engaged in the general banking business and offer commercial and consumer lending services, lending services, depository services and ancillary services. Its non-banking subsidiaries offer investment and insurance products to its customers principally within its domestic markets, and fund administration services to a broad range of mutual and other funds. Its lines of business are Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support.