Paul Tudor Jones II acquired 920 Thousand U.S. Bancorp. shares worth $40.1 Million. That's 0.36% of their equity portfolio (46th largest holding). The first U.S. Bancorp. trade was made in Q1 2014. Since then Paul Tudor Jones II bought shares 30 more times and sold shares on 36 occasions. The investor's estimated purchase price is $41.1 Million, resulting in a loss of 2.5%.
U.S. Bancorp beat Q2 earnings estimates, and revenues also exceeded expectations. However, the lender's NII declined 8.9% year over year. The lender has good...
U.S. Bancorp's (USB) second quarter 2024 results are aided by lower expenses and higher deposits. Yet, a decline in NII is a concern.
U.S. Bancorp's (USB) second-quarter 2024 results are expected to be hurt by a softer real estate loan demand and a rise in expenses. Yet, a decent fee income...
https://www.investing.com/news/company-news/ubs-cuts-us-bancorp-shares-target-on-revised-nii-outlook-deposit-mix-shift-concerns-93CH-3386418