U.S. Bancorp exceeded earnings forecasts, started a $5B share buyback, amid mixed institutional investor stakes.

Chevy Chase Trust Holdings and Hotchkis & Wiley Capital Management have reduced their stakes in U.S. Bancorp, while other institutional investors have increased theirs. U.S. Bancorp reported $1.03 EPS, surpassing analyst estimates, and initiated a $5 billion share buyback plan. The company's market cap is $82.31 billion, with a PE ratio of 16.13 and a net margin of 12.92%.

December 03, 2024
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