U.S. Bancorp Price & Performance (USB)

Bank of America has redeemed CAD400 million in floating rate senior notes a year ahead of schedule. This strategic move, completed on March 16, 2025, signals a potential shift in the bank's financial strategy. Interest payments on the notes ceased as of the redemption date, with full repayment executed today.12

M&T Bank Corporation has significantly increased its stake in U.S. Bancorp, acquiring over 312,000 shares. U.S. Bancorp stock, however, has seen a 3.6% decline recently, reflecting broader market challenges. Despite this, analysts maintain a "Moderate Buy" consensus for the stock, highlighting its long-term potential.34

A recent survey reveals a sharp drop in U.S. consumer confidence, with 48% predicting economic deterioration in the next six months. Tariffs on Canadian and Mexican supply chains are cited as a key factor. Meanwhile, the U.S. dollar and Treasury yields have declined, spurring expectations of Federal Reserve rate cuts.56