Michael Barr, vice chair of supervision at the Fed, plans to re-propose new capital rules for Basel Endgame.After three large regional banks collapsed last year, the industry braced itself for blowback, not only from the public but from a regulatory perspective as well. Since the Great Recession happened roughly 16 years ago, banks have been waiting for the final phase of capital rules.This framework, referred to as Basel III Endgame (BE3), would stipulate a wide set of requirements for the largest banks. T ...

U.S. Bancorp’s (USB) shares have gained 12% in the past three months, outperforming the industry’s growth of 5.1% and the S&P 500’s rise of 5.8%. USB is currently trading just 1% off its 52-week high of $45.88 hit on Jul 30.  Image Source: Zacks Investment ResearchThe company’s inorganic growth move and strong balance sheet will support its financials in the long term.Analyst Estimates: Over the past seven days, the Zacks Consensus Estimate for earnings per share of $3.89 and $4.23 has remained unchanged fo ...

U.S. Bancorp’s (USB) — banking division — U.S. Bank entered into a strategic partnership with Edward Jones. The collaboration is intended to offer comprehensive banking and credit card solutions to Edward Jones clients.Beginning in late 2025, Edward Jones financial advisors will have the chance and resources to introduce co-branded U.S. Bank deposit and credit card products to their U.S. clients.With the help of U.S. Bank, Edward Jones' U.S. clients will be able to access a wider range of banking products v ...

U.S. Bancorp’s (USB) lead banking division, U.S. Bank, expands its focus on the healthcare industry with the acquisition of Salucro Healthcare Solutions LLC. The buyout was completed on Aug 21, 2024. The financial terms of the deal were kept under wraps.Based in Tempe, AZ, Salucro is a provider of healthcare financial technology with a primary focus on patient payments and billing. Previously, Salucro had been a partner of Elavon, a subsidiary of U.S. Bank. In 2022, U.S. Bank made its initial investment in ...

VANCOUVER, Wash., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Cyber Acoustics, the leading manufacturer of edtech for all classroom environments, today announced the AC-6014 USB-C Headset, further expanding its line of technology solutions for all K-12 and virtual classrooms. The AC-6014 rounds out Cyber Acoustics’ line of USB-C offerings that includes the recently announced AC-4014 headset and the AC-5014 headset, both of which include microphones, as well as the ACM-6005C USB-C headphones that do not have a mic. “A ...

VANCOUVER, Wash., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Cyber Acoustics, the leading manufacturer of edtech for all classroom environments, today announced the AC-6014 USB-C Headset, further expanding its line of technology solutions for all K-12 and virtual classrooms. The AC-6014 rounds out Cyber Acoustics’ line of USB-C offerings that includes the recently announced AC-4014 headset and the AC-5014 headset, both of which include microphones, as well as the ACM-6005C USB-C headphones that do not have a mic. “A ...

U.S. Bancorp (USB) stock looks like an attractive investment option now. The company is well-positioned for organic and inorganic growth, given its solid balance sheet and liquidity position, and strategic partnerships and acquisitions. Analysts seem optimistic regarding the earnings growth prospects for this Zacks Rank #2 (Buy) stock. Over the past 30 days, the Zacks Consensus Estimate for USB’s 2024 earnings has been revised 1.8% upward. In the past month, shares of USB have gained 3.8% against the indust ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from (not applicable) Commission file number 1-6880 U.S. BANCORP (Exact name of registrant as specified in its charter) Delaware 41-0255900 (State or other jurisdiction of inc ...

EFR32MG21 SoC Tailored for Zigbee Applications Offers Several Advantages for ZBMicroAUSTIN, Texas, Aug. 1, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced that its MG21 2.4 GHz wireless SoC had been selected by SONOFF for its new  ZBMicro smart switch, SONOFF's Micro Zigbee USB Smart Adaptor. ZBMicro is a groundbreaking addition to the realm of smart home technology. From its role as a smart switch for USB devi ...

U.S. Bancorp (USB) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a chan ...