U.S. Bancorp Trading Volume Drops 31.64% to $289 Million, Ranks 349th in Daily Volume

On May 1, 2025, U.S. Bancorp (USB) saw a trading volume of $289 million, marking a 31.64% decrease from the previous day. This placed the stock at the 349th position in terms of trading volume for the day. The stock price of USB increased by 0.40%.

U.S. Bancorp reported strong earnings for the first quarter, surpassing forecasts. The bank's performance was driven by growth in net interest income. This positive financial report has contributed to the stock's recent performance.

U.S. Bancorp offers a range of financial services, including depository services such as checking and savings accounts, as well as lending services. These services are integral to the bank's operations and have been a key factor in its financial success.

Oppenheimer has raised its target price for U.S. Bancorp from $57.00 to $59.00, assigning the stock an "outperform" rating. This positive outlook from a major financial institution has likely influenced investor sentiment and contributed to the stock's recent performance.

U.S. Bancorp currently pays a dividend of $0.42 per share, resulting in a dividend yield of 2.96%. This yield is higher than the industry average of 2.41% for the Utility - Water Supply sector, making it an attractive option for income-focused investors.