U.S. Bancorp (NYSE:USB) executives said the bank expects another strong quarter, supported by growth in net interest income, fee revenue and deposits, while outlining plans to expand its consumer franchise, payments capabilities and capital-markets business.
Chief Executive Officer Gunjan Kedia sai
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Truist Financial (NYSE:TFC) reaffirmed its outlook for the current quarter and full year while announcing plans to sell $5.5 billion of near-prime auto loans and exit its Regional Acceptance Corporation, or RAC, business, Chief Financial Officer Mike Maguire said at an investor conference.
Maguire
U.S. Bancorp completed a cross-border payment using its USBDC stablecoin on the Stellar blockchain and raised its annualized dividend 3.85% to $2.16 per share.
AT&T (NYSE:T) executives said the company’s second-quarter performance reflected the benefits of its fiber expansion, spectrum investments and recently closed acquisitions, while emphasizing a strategy centered on converged wireless and broadband customer relationships.
Speaking at the 2026 Ban
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Kedia exercised vested stock options at $55.01 per share and immediately sold them at $62.37, retaining a direct stake of 426,262 shares worth approximately $26.6 million.
Looking back on diversified banks stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including U.S. Bancorp (NYSE:USB) and its peers. ...
U.S. Bancorp trades at $62.69 and has moved in lockstep with the market. Its shares have returned 14.7% over the last six months while the S&P 500 has gained...
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Wintrust Financial posted record Q2 net income, revenue, loans, and deposits, with analysts holding a Moderate Buy rating and a 12% average price target upside.
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