NYSE:USBBanks
U.S. Bancorp Reshapes Growth With BTIG Deal Impact Finance And Buybacks
U.S. Bancorp (NYSE:USB) agreed to acquire BTIG, expanding its capital markets and investment banking footprint.
The company reported record activity from its Impact Finance platform, raising a large pool of third party capital for community projects.
Management announced a higher quarterly dividend and a sizable share repurchase plan, indicating confidence in the balance sheet and capital position.
Shares of U.S. Bancorp trade at $52.37, with the stock up 22.3% over the past year and 48.7%...