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An announcement from US Bancorp ( (USB) ) is now available.
On January 28, 2025, U.S. Bancorp announced the election of Gunjan Kedia as its new President and CEO, effective April 15, 2025. She succeeds Andrew Cecere, who will continue as Executive Chairman. Kedia has been with U.S. Bancorp since 2016 and brings nearly 30 years of experience in financial services, having previously held executive roles at State Street Financial and BNY. Her leadership is expected to guide the company towards a future of growth while maintaining its core values. Under Cecere’s tenure, the company expanded its technological capabilities and grew its presence, notably through a significant merger with Union Bank. The leadership transition signifies continuity and strategic growth for U.S. Bancorp.
More about US Bancorp
U.S. Bancorp, headquartered in Minneapolis, is the parent company of U.S. Bank National Association. With over 70,000 employees and $678 billion in assets as of December 31, 2024, the company provides a diverse range of financial services including consumer banking, business banking, commercial banking, institutional banking, payments, and wealth management. U.S. Bancorp is recognized for digital innovation, community partnerships, and customer service, and has been named one of the 2024 World’s Most Ethical Companies and Fortune’s most admired superregional bank.
YTD Price Performance: 3.51%
Average Trading Volume: 7,904,447
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $76.55B
See more data about USB stock on TipRanks’ Stock Analysis page.
