u.s. bancorp

What Earnings Season Reveals About the B2B Payments Opportunity
What Earnings Season Reveals About the B2B Payments Opportunity
January 31, 2025  |  B2B Payments

It’s a new year, and that means it’s a new quarter. One that could signal a new era of digital transformation for B2B payments. Across...

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US Bancorp Promotes President Gunjan Kedia to CEO Post
US Bancorp Promotes President Gunjan Kedia to CEO Post
January 29, 2025  |  Personnel

U.S. Bancorp has chosen its new CEO from within its ranks. Gunjan Kedia, the Minneapolis-based lender’s president, will become its new chief executive following its...

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US Bancorp Anticipates Fee-Based Momentum After Year of ‘Uncertainty’
US Bancorp Anticipates Fee-Based Momentum After Year of ‘Uncertainty’
January 16, 2025  |  Earnings

U.S. Bancorp’s most recent quarter took note of changing dynamics in deposit activity, growth in card loans, and momentum in its payments-related business lines that...

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US Bancorp Card Net Charge-Off Rate Hits 4.2%
US Bancorp Card Net Charge-Off Rate Hits 4.2%
April 17, 2024  |  Earnings

U.S. Bancorp said in its latest earnings report that consumers are continuing to boost their credit card loans – and though charge-offs have increased, credit...

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US Bancorp Interest Income Dips as Customer Caution Continues
US Bancorp Interest Income Dips as Customer Caution Continues
April 17, 2024  |  Banking

U.S. Bancorp is forecasting a decline in net interest income for this year.  In announcing its earnings Wednesday (April 17), the lender said it anticipates net...

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Banks Out to Challenge Big Tech in Brewing Digital Wallet War
Banks Out to Challenge Big Tech in Brewing Digital Wallet War
February 13, 2023  |  Payment Methods

With digital wallets now being used more after a years-long ramp-up, there’s a new battle brewing over which wallets consumers both know and trust with...

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OCC Says US Bancorp Can Buy MUFG Union Bank
OCC Says US Bancorp Can Buy MUFG Union Bank
October 14, 2022  |  Bank Regulation

The merger of San Francisco-based MUFG Union Bank, National Association into U.S. Bank, National Association has been conditionally approved by the Office of the Comptroller...

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Bank CEOs’ Congressional Testimonies Spotlight Digital Strategies, Inclusion
Bank CEOs’ Congressional Testimonies Spotlight Digital Strategies, Inclusion
September 21, 2022  |  Regulation

The hearing is titled: “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.” And the appearance of and testimony by executives from the seven...

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Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
September 19, 2022  |  Banking

The leaders of the country’s seven biggest commercial financial institutions will head to Washington, D.C., this week to face two Congressional hearings to review consumer...

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