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us bancorp director resigns for health reasons ahead of annual meeting

Kimberly J. Harris has resigned from the board of directors at US Bancorp due to health concerns, effective immediately. The company confirmed her departure is unrelated to any operational disagreements, and her resignation comes ahead of the 2025 annual shareholder meeting. US Bancorp continues to demonstrate financial stability, maintaining dividend payments for 55 consecutive years and planning stock buybacks totaling around $1.6 billion for the year.

us bancorp receives buy rating amid earnings growth and expense management focus

US Bancorp has received a Buy rating from Bank of America analyst Ebrahim Poonawala, who set a price target of $49.00. The positive outlook is driven by expected earnings growth, improved payments revenue, and disciplined expense management, despite current investor hesitance. Barclays also maintains a Buy rating with a higher price target of $61.00.
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