U.S. Bancorp Option Alert: Feb 21 $52.5 Puts at the Bid: 1090 vs 30 OI

U.S. Bancorp Option Alert: Feb 21 $52.5 Puts at the Bid: 1090 @ $5.21 vs 30 OI; Ref=$47.3399

U.S. Bancorp (NYSE:USB) 株価情報

U.S. Bancorp

With assets of around $680 billion, U.S. Bancorp is one of the largest regional banks in the US with its footprint in 26 states. The bank's branch network is mostly in the midwestern and western markets. U.S. Bancorp has a comprehensive product set, with offerings in retail and commercial banking, credit cards, mortgages, payment services, trust, and wealth services.

US Biotec Inc

iShares Trust iShares USD Bd Factor ETF

USA BANK (NY) by USA Bank (NY)

United States Basketball League Inc

U.S. Bancorp Depositary Shares, Each representing a 1/100th interest in a share of Series A Non-CumulativePerpetual Pfd Stock

U.S. Bancorp Depositary Shares repstg 1/1000th Pfd Ser B

U.S. Bancorp Depositary Shares each representing a 1/1,000th interest in a share of Series K Non-Cumulative Perpetual Preferred Stock

U.S. Bancorp Depositary Shares, Each Representing a 1/1,000th Interest in a Share of Series L Non-Cumulative Perpetual Preferred Stock

U.S. Bancorp Depositary Shares, Each Representing a 1/1,000th Interest in a Share of Series M Non-Cumulative Perpetual Preferred Stock

US Bancorp

U.S. Bancorp Depositary Shares, each representing a 1/1,000th interest in a share of Series O Non-Cumulative Perpetual Preferred Stock

WIIM

BBAR

BBDO

BBVA

BPOP

EWBC

FCNCA

HBAN

HSBC

SMFG

ZION

Shares of banking stocks are trading lower amid economic worries driven by tariffs and trade policies. Investors may be expecting a decline in investment and consumer spending, which may also be weighing on the industry.

Shares of banking companies are trading lower amid President Trump's decision to implement tariffs.

U.S. Bancorp's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) short percent of float has risen 7.3% since its last report. The company recently reported that it has 22.95 million shares sold short, which is 1.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.75 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>U.S. Bancorp Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741015820_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for U.S. Bancorp has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing U.S. Bancorp's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, U.S. Bancorp's peer group average for short interest as a percentage of float is 1.14%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Is U.S. Bancorp Gaining or Losing Market Support?

News

ADBE

AMZN

DASH

INTU

NFLX

SBUX

SCHW

Viking Global Investors' Latest 13F Filing Reveals Increased Stakes In JPMorgan Chase By 7.47M Shares, Bank of America By 24.72M, Charles Schwab By 14.66M, Intuit By 1.72M Shares, DoorDash By 4.95M, Alphabet By 3.66M, Netflix By 502.3K, Starbucks By 5.34M, CSX By 14.67M; Decreased Stakes In US Bancorp By 24.45M Shares, Philip Morris By 5.09M, Amazon By 2.61M, Adobe By 1.23M, Progressive By 2.17M, Sherwin-Williams By 618K, UnitedHealth Group By 438.8K

U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) shares are trading lower Tuesday potentially following the <a href="https://www.benzinga.com/25/01/43111321/us-bancorp-may-see-3-net-interest-income-growth-in-2025-but-regulatory-capital-concerns-may-limit-share-buyback-pace-analyst">announcement of a leadership transition. </a>
What To Know: Current President Gunjan Kedia will assume the role of CEO after the company's annual shareholder meeting on April 15, succeeding Chairman and CEO Andy Cecere, who will remain as executive chairman. Kedia was also elected to the company's board of directors.
Investors may be weighing Kedia's experience, including her leadership roles at State Street, BNY Mellon and McKinsey, as well as her tenure at U.S. Bancorp since 2016, against potential challenges in guiding the bank through evolving market conditions.
The transition comes as U.S. Bancorp expands its global banking capabilities. The bank recently appointed Tarek El-Yafi to lead its new Global Transaction Services group, a division focused on international banking and payment needs. The initiative aims to strengthen cross-border payment solutions, currency conversion and other financial services for U.S. businesses operating globally.
Cecere, who has led U.S. Bancorp for nearly eight years, highlighted Kedia's qualifications, emphasizing her strategic execution skills and vision for the company. Despite her extensive background and recognition in the industry, the leadership shift adds a layer of uncertainty for shareholders, reflected in today's decline.
The transition marks a change for U.S. Bancorp as it positions itself for growth under Kedia's leadership, while Cecere's ongoing role as executive chairman aims to ensure continuity during this period of change.
Price Action: U.S. Bancorp shares were down 2.22% at $48.44 at publication Tuesday, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2">Benzinga pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012825&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="514" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28151104/Screenshot-2025-01-28-at-15.10.41-1024x514.png" alt="" class="wp-image-754372" style="width:484px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28151104/Screenshot-2025-01-28-at-15.10.41-1024x514.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28151104/Screenshot-2025-01-28-at-15.10.41-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28151104/Screenshot-2025-01-28-at-15.10.41-768x385.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28151104/Screenshot-2025-01-28-at-15.10.41-1536x771.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/28151104/Screenshot-2025-01-28-at-15.10.41.png 1538w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/movers/25/01/43285482/tower-semiconductor-analyst-sees-attractive-buying-opportunity-following-deepseek-selloff">Tower Semiconductor Analyst Sees &#8216;Attractive&#8217; Buying Opportunity Following DeepSeek Selloff</a></li>
</ul>
Photo: JHVEPhoto via Shutterstock.

Management

Movers

U.S. Bancorp Shares Drop While Leadership Transition Announced

Company chairman and CEO Andy Cecere to serve in executive chairman role
U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) announced today that President Gunjan Kedia will become the company's chief executive officer at the conclusion of the organization's annual meeting of shareholders on April 15. Kedia also was elected to the company's Board of Directors. Current Chairman and CEO Andy Cecere will serve as executive chairman, continuing to lead the Board of Directors and supporting Kedia as she assumes her new role.

U.S. Bancorp Appoints President Gunjan Kedia As Chief Executive Officer At The Conclusion Of The Organization's Annual Meeting Of Shareholders On April 15; Company Chairman And CEO Andy Cecere To Serve In Executive Chairman Role

Goldman Sachs analyst Richard Ramsden reiterated the Neutral rating on U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>), <a target="_blank" href="https://www.benzinga.com/quote/USB/analyst-ratings" rel="noreferrer noopener">lowering the price forecast to $49.</a>
Last week, the company reported&nbsp;fourth quarter&nbsp;adjusted earnings per share of $1.07, beating the street view of $1.05.
Quarterly sales of $6.98 billion marginally missed the analyst <a target="_blank" href="https://www.benzinga.com/25/01/43028258/us-bancorp-beats-q4-eps-estimates-return-on-tangible-equity-hits-183-as-ceo-emphasizes-resilience-amid-challenges" rel="noreferrer noopener">consensus estimate of $6.996 billion</a>.
The analyst projects the company&#8217;s net interest income to grow 3% year-over-year in 2025, which is lower than peers due to limited upside from fixed asset repricing.
However, Ramsden sees an accelerated loan growth in the second half of 2025, potentially boosting&nbsp;&nbsp;net interest income.
U.S. Bancorp&#8217;s CET1 ratio stands at 10.6%, with an estimated adjusted ratio of 8.6%, above the regulatory minimum of 7.6%, but still below the 10% target for Category II banks, the analyst writes.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/travel/25/01/43107336/jetblue-to-bring-venmo-onboard-for-online-bookings-details" rel="noreferrer noopener">JetBlue To Bring Venmo Onboard For Online Bookings: Details</a>
The company is expected to maintain a cautious approach to share buybacks, balancing capital distribution with the need for further capital build-up as it moves toward becoming a Category II bank by 2027.
The analyst&#8217;s 2025 and 2026 earnings per share (EPS) estimates remain largely unchanged, with a new 2027 EPS estimate of $5.35 and an unchanged P/E target of 11.5x for 2025.
However, Ramsden forecasts a few downside risks for the stock, which include slower revenue growth than forecast, lower cost savings from the integration of Union Bank, a greater increase in credit losses, and the risk of higher regulatory, IT, and compliance costs.
Price Action: USB shares are trading higher by 1.63% to $49.15 at last check Tuesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/travel/25/01/43062173/bank-of-america-delta-united-to-lead-airline-industry-in-2025" target="_blank" rel="noreferrer noopener">Bank Of America: Delta, United To Lead Airline Industry In 2025</a></li>
</ul>
Photo by Ground Picture on Shutterstock.

Analyst Color

Equities

Price Target

Reiteration

Markets

Analyst Ratings

General

U.S. Bancorp May See 3% Net Interest Income Growth in 2025, But Regulatory Capital Goals May Limit Share Buyback Pace: Analyst

Morgan Stanley analyst Betsy Graseck maintains U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) with a Overweight and lowers the price target from $60 to $59.

Morgan Stanley Maintains Overweight on U.S. Bancorp, Lowers Price Target to $59

Oppenheimer analyst Chris Kotowski maintains U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) with a Outperform and raises the price target from $62 to $63.

Oppenheimer Maintains Outperform on U.S. Bancorp, Raises Price Target to $63

US Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) reported <a href="https://www.benzinga.com/25/01/43028258/us-bancorp-beats-q4-eps-estimates-return-on-tangible-equity-hits-183-as-ceo-emphasizes-resilience-amid-challenges">mixed results for the fourth quarter</a>.
The company reported its quarterly results amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
<h1 class="wp-block-heading">DA Davidson On US Bancorp</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59072de6290fa70001f19989/peter-winter">Analyst Peter Winter</a> maintained a Buy rating and a price target of $60.
US Bancorp reported its fourth-quarter earnings at $1.01 <a>per share</a>, with core earnings of $1.07 per share surpassing consensus of $1.05 per share, Winter said in a note. The company's net interest income (NII) rose $11 million, or 0.3%, to $4.176 billion, in-line with expectations, he added.
US Bancorp has reported positive operating leverage (POL) of more than 0.5% only once since 2016, with the figure being negative in six of those years, the analyst stated. "However, USB has turned the corner," generating positive POL in the third and fourth quarters of 2024 and has guided to a 200+ basis points of POL for the first quarter and 2025, "led by 3% to 5% total revenue growth," he further wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
<h1 class="wp-block-heading">Keefe, Bruyette &amp; Woods On US Bancorp</h1>
Analyst David Konrad reiterated a Market Perform rating and price target of $58.
US Bancorp reported "a modest operating beat" for the fourth quarter, with NII of $4.2 billion in-line with expectations, Konrad said. Net interest margins came in at 2.71%, down sequentially by three basis points (bps) and below "our estimate of 2.73%," he added.
"NII growth for 2025 is embedded in the firm&#8217;s +3-5% net revenue guide, and assumes two rate cuts, and is expected to benefit from better asset mix, stabilization in NIBD mix shift, and fixed asset repricing," the analyst wrote. Although the company's 2025 guidance came in below Street expectations, the market reaction seems to be overdone, he further stated.
USB Price Action: Shares of US Bancorp had risen by 0.19% to $48.13 at the time of publication on Friday.
Read More: • <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43031980/big-banks-continue-to-beat-q4-earnings-financial-etf-takes-breather">Big Banks Continue To Beat Q4 Earnings As Financial ETF Takes A Breather</a>
Photo: JHVEPhoto via Shutterstock

Earnings

Earnings Beats

US Bancorp Reports Q4 Earnings Beat, 'Has Turned The Corner,' Analysts Say

Wall Street paused for a breather on Thursday, following Wednesday's big rally sparked by a softer-than-predicted December inflation report that fueled speculation on the Federal Reserve delivering interest rate <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43003047/stocks-rise-on-core-inflation-slowdown-banks-rally-after-strong-q4-earnings-treasury-yields-plummet">cuts during the year. </a>
By midday, stocks were little changed as attention shifted to the next major event: Donald Trump's inauguration as 47th U.S. president on Monday.
On the data front, December retail sales rose 0.4% from the previous month, a slower pace than November's 0.8% increase and below expectations of 0.6%. Jobless claims climbed by 16,000 to 217,000, slightly higher than <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43027744/retail-sales-slow-jobless-claims-rise-is-us-consumer-loosing-steam">the projected 210,000. </a>
See Also: <a href="https://www.benzinga.com/25/01/43020430/cathie-wood-sounds-alarm-over-inflation-pressures-and-consumer-woes-peter-schiff-flags-oil-spike-what-economists-are-saying">Cathie Wood Says Inflation Worries Dampen Expectations, Schiff Singles Out Wall Street For Swallowing Narrative Even As Prices Soar</a>
The weaker data sent Treasury yields lower, with the 10-year yield slipping four basis points to 4.61%, extending the previous day's 14-basis-point decline.
Falling yields helped gold climb 0.9% to $2,970 per ounce, reaching a two-month high as investors moved toward safe-haven assets. 
Semiconductor stocks stood out the best-performing industry, with the iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) gaining 1.8%. Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) jumped more than 5% after delivering strong quarterly earnings, lifting the broader chip industry. Applied Materials Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) and ASML Holding N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) advanced 7% and 6%, respectively.
Oil prices pulled back 2.6%, giving up part of Wednesday's 4% gain. Traders speculated that Trump's policies could ease sanctions on Russian energy exports as part of a broader effort to negotiate peace in Ukraine. 
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) edged down 1% to $99,000, following a slight pullback across cryptocurrency markets.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,958.43</td>
<td>0.1%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>43,255.53</td>
<td>0.1%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,264.04</td>
<td>0.0%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,239.38</td>
<td>0.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated 12:40 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011525&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) remained unchanged at $593.10.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;flattened at $432.18.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) was unchanged at $516.54.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) inched 0.1% to $224.31.</li>
<li>The&nbsp;Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) outperformed, up 2.1%; the&nbsp;Health Care Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) lagged, down 0.5%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
<ul>
<li>Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) fell 2% following quarterly earnings. Peer Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) rose 2.7%.</li>
<li>Other stocks reacting to earnings were UnitedHealth Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>), down 4.7%, Infosys Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INFY#NYSE">INFY</a>), down 5.2%, PNC Financial Services Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>), down 2%, U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>), down 5.3%, M&amp;T Bank Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>), down 2.8%, First Horizon Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>). </li>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) fell by 3.6% after the EV giant announced reduced selling prices on its Cybertruck, in a strategy to revive demand. </li>
<li>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) dropped 3% after the European Commission's competition chief confirmed that the investigation into the company under the Digital Markets Act will move forward as scheduled, with enforcement anticipated by March 2024.</li>
</ul>
Check Out: 
<ul>
<li><a href="https://www.benzinga.com/general/travel/25/01/43036258/polar-vortex-brings-winters-coldest-air-for-trumps-inauguration-day-what-it-means-for-utilities-retailers-energy-stocks">Polar Vortex Brings Winter&#8217;s Coldest Air For Trump&#8217;s Inauguration Day: What It Means For Utilities, Retailers, Energy Stocks</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Large Cap

Macro Economic Events

Sector ETFs

Broad U.S. Equity ETFs

Commodities

Treasuries

Econ #s

Economics

Tech

ETFs

$BTC

AAPL

AMAT

ASML

SPDR Dow Jones Industrial Average ETF Trust

INFY

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

TSLA

TSX:XL

Stocks Pause, Chipmakers Rise, Gold Hits 2-Month Highs: What's Driving Markets Thursday?

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$80.00</td>
<td>$42.2K</td>
<td>5.8K</td>
<td>1.6K</td>
</tr>
<tr>
<td>USB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$48.50</td>
<td>$26.0K</td>
<td>1.3K</td>
<td>1.4K</td>
</tr>
<tr>
<td>MS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/24/25</td>
<td>$134.00</td>
<td>$26.0K</td>
<td>1.0K</td>
<td>922</td>
</tr>
<tr>
<td>FLG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$9.00</td>
<td>$26.3K</td>
<td>3.5K</td>
<td>319</td>
</tr>
<tr>
<td>ALL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$190.00</td>
<td>$27.5K</td>
<td>1.3K</td>
<td>224</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/31/25</td>
<td>$315.00</td>
<td>$60.5K</td>
<td>144</td>
<td>174</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$28.00</td>
<td>$46.6K</td>
<td>2.6K</td>
<td>129</td>
</tr>
<tr>
<td>GS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$625.00</td>
<td>$58.1K</td>
<td>3</td>
<td>61</td>
</tr>
<tr>
<td>AIG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$62.50</td>
<td>$40.2K</td>
<td>268</td>
<td>60</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$210.00</td>
<td>$27.2K</td>
<td>5.9K</td>
<td>40</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we notice a call option sweep that happens to be bearish, expiring in 64 day(s) on March 21, 2025. This event was a transfer of 200 contract(s) at a $80.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $42.2K, with a price of $211.0 per contract. There were 5897 open contracts at this strike prior to today, and today 1663 contract(s) were bought and sold. 
• Regarding USB (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>), we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on January 17, 2025. Parties traded 1128 contract(s) at a $48.50 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $23.0 per contract. There were 1346 open contracts at this strike prior to today, and today 1467 contract(s) were bought and sold. 
• For MS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on January 24, 2025. This event was a transfer of 100 contract(s) at a $134.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $262.0 per contract. There were 1018 open contracts at this strike prior to today, and today 922 contract(s) were bought and sold. 
• Regarding FLG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLG#NYSE">FLG</a>), we observe a call option trade with bearish sentiment. It expires in 91 day(s) on April 17, 2025. Parties traded 246 contract(s) at a $9.00 strike. The total cost received by the writing party (or parties) was $26.3K, with a price of $107.0 per contract. There were 3596 open contracts at this strike prior to today, and today 319 contract(s) were bought and sold. 
• For ALL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>), we notice a call option sweep that happens to be bullish, expiring in 91 day(s) on April 17, 2025. This event was a transfer of 27 contract(s) at a $190.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $1020.0 per contract. There were 1342 open contracts at this strike prior to today, and today 224 contract(s) were bought and sold. 
• Regarding COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we observe a call option trade with bullish sentiment. It expires in 15 day(s) on January 31, 2025. Parties traded 100 contract(s) at a $315.00 strike. The total cost received by the writing party (or parties) was $60.5K, with a price of $605.0 per contract. There were 144 open contracts at this strike prior to today, and today 174 contract(s) were bought and sold. 
• For HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we notice a call option trade that happens to be bullish, expiring in 1 day(s) on January 17, 2025. This event was a transfer of 25 contract(s) at a $28.00 strike. The total cost received by the writing party (or parties) was $46.6K, with a price of $1867.0 per contract. There were 2637 open contracts at this strike prior to today, and today 129 contract(s) were bought and sold. 
• For GS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), we notice a put option sweep that happens to be bearish, expiring in 64 day(s) on March 21, 2025. This event was a transfer of 20 contract(s) at a $625.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $58.1K, with a price of $2910.0 per contract. There were 3 open contracts at this strike prior to today, and today 61 contract(s) were bought and sold. 
• Regarding AIG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIG#NYSE">AIG</a>), we observe a call option trade with bullish sentiment. It expires in 1 day(s) on January 17, 2025. Parties traded 35 contract(s) at a $62.50 strike. The total cost received by the writing party (or parties) was $40.2K, with a price of $1150.0 per contract. There were 268 open contracts at this strike prior to today, and today 60 contract(s) were bought and sold. 
• Regarding JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we observe a put option trade with bearish sentiment. It expires in 365 day(s) on January 16, 2026. Parties traded 40 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $680.0 per contract. There were 5957 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

COIN

HOOD

10 Financials Stocks With Whale Alerts In Today's Session

U.S. banks delivered another round of strong fourth-quarter earnings Thursday, with Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>), First Horizon Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>), and PNC Financial Services Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>) all surpassing <a href="https://www.benzinga.com/earnings">Wall Street earnings estimates.</a>
The results reinforced the sector's resilience, yet financial stocks showed a mixed reaction after Wednesday's sharp rally.
The Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>), which tracks major banks, inched up 0.1% Thursday after a 2.6% gain the previous day. Meanwhile, regional banks, tracked by the SPDR S&amp;P Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>), dipped 0.7% following Wednesday's rally.
The reports followed upbeat earnings from Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), and Bank of New York Mellon Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BK#NYSE">BK</a>), which fueled the biggest one-day surge in financial stocks since November.
Market strategist Ed Yardeni said the earnings reflected a "pickup in investment banking and markets activity as business confidence improved." He added that consumer loan growth remained slightly stronger than commercial loan growth.
<h3 class="wp-block-heading">Morgan Stanley Rides Trading Boom To Blowout Quarter</h3>
Morgan Stanley posted earnings per share of $2.22, crushing the $1.70 forecast. Revenue climbed to $16.22 billion, exceeding expectations by nearly 8%, according to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011625&amp;t=be2bearmibe3na1">Benzinga Pro</a> data. 
Its trading business drove the beat. Equities sales and trading revenue soared to $3.33 billion, easily topping the $2.63 billion estimate. Fixed income trading also outperformed, generating $1.93 billion versus the $1.68 billion forecast.
Wealth management, a key pillar of Morgan Stanley's business, delivered $7.48 billion in revenue, slightly above the $7.32 billion estimate. Net interest income hit $2.55 billion, well ahead of the $2 billion forecast.
The bank kept costs in check, with compensation expenses at $5.95 billion, lower than the projected $6.64 billion.
Shares rose 1.2%, extending Wednesday's 4.8% surge.
Read Also: <a href="https://www.benzinga.com/news/large-cap/25/01/43029150/morgan-stanley-q4-earnings-profit-doubles-ceo-calls-it-one-of-strongest-years-aims-for-prudent-dividend-growth">Morgan Stanley Q4 Earnings: Profit Doubles, CEO Calls It One Of Strongest Years, Aims For Prudent Dividend Growth</a>
<h3 class="wp-block-heading">Bank of America Tops Estimates, But 2025 Outlook In Focus</h3>
Bank of America also delivered a strong quarter, reporting EPS of 82 cents, above the 77 cents forecast. Revenue net of interest expenses came in at $25.35 billion, slightly exceeding expectations.
Key business lines performed well. Net interest income reached $14.36 billion, ahead of the $14.12 billion estimate. Investment banking revenue also beat, coming in at $1.65 billion versus the $1.47 billion forecast.
Goldman Sachs analyst Richard Ramsden noted that the results were "better than expected, given 1% higher NII and fees," but indicated that pre-provision net revenue of $8.4 billion fell 2% short of estimates. He added that investors would focus on expense and interest income guidance for 2025.
Bank of America shares were 0.7% lower, following Wednesday's 2.8% rally.
Read also: <a href="https://www.benzinga.com/25/01/43026092/bank-of-america-q4-earnings-67-billion-profit-revenue-jumps-15-investment-banking-and-deposit-growth">Bank of America Q4 Earnings: $6.7 Billion Profit, $1.7 Billion In Investment banking fees, Forecasts Higher NII In 2025</a>
<h3 class="wp-block-heading">PNC, U.S. Bancorp, First Horizon Deliver Mixed Results</h3>
PNC Financial Services posted EPS of $3.77, beating the $3.33 estimate. Revenue of $5.57 billion edged out expectations, but shares slipped 3.8% after gaining 2.4% on Wednesday.
U.S. Bancorp delivered EPS of $1.07, slightly above the $1.05 forecast, but revenue of $6.98 billion came in just below the $7 billion estimate. The stock was down 6.6% at the time of publication Thursday, after a 3.8% jump Wednesday.
First Horizon posted EPS of 43 cents, beating estimates of 39 cents, but revenue disappointed at $729 million, well short of the $820.7 million forecast. Shares were flat, following a 2.7% gain on Wednesday.
Read now: 
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43027744/retail-sales-slow-jobless-claims-rise-is-us-consumer-loosing-steam">Retail Sales Disappoint, Jobless Claims Rise: Is US Consumer Losing Steam?</a></li>
</ul>
Photo: Shutterstock

Mid Cap

Big Banks Continue To Beat Q4 Earnings As Financial ETF Takes A Breather

U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) shares are trading <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">lower in the premarket session on Thursday.</a>
The company reported <a target="_blank" href="https://s203.q4cdn.com/711684571/files/doc_financials/2024/q4/4Q24-Earnings-Release-4Q24.pdf" rel="noreferrer noopener">fourth quarter </a>adjusted earnings per share of $1.07, beating the street view of $1.05. Quarterly sales of $6.98 billion marginally missed the analyst consensus estimate of $6.996 billion.
The company registered a return on tangible common equity of 18.3%, a return on average assets of 1.03%, and an efficiency ratio of 59.9%, adjusted for notable items.
Positive operating leverage in the quarter under review was 190 basis points, as adjusted for notable items.
&#8220;As we move into 2025, we are well positioned to deliver industry-leading returns on tangible common equity and remain confident in our strategy for future growth and our ability to deliver meaningful positive operating leverage,&#8221; said Andy Cecere, Chairman and CEO of U.S. Bancorp.
Net interest income in the quarter under review rose 0.9% to $4.146 billion. Noninterest income rose 8.1% to $2.833 billion.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/global/25/01/43013312/defense-stocks-fall-on-gaza-ceasefire-while-broader-market-rallies-whats-going-on" rel="noreferrer noopener">Defense Stocks Fall On Gaza Ceasefire While Broader Market Rallies: What&#8217;s Going On?</a>
The increase in net income attributable to U.S. Bancorp year-over-year was primarily due to higher total net revenue and lower noninterest expense driven by higher notable items in the prior year quarter, partially offset by an increase in the provision for credit losses.
The net interest margin decreased to 2.71% in the fourth quarter of 2024 from 2.78% in the fourth quarter of 2023.
The company&#8217;s provision for credit losses in the fourth quarter of 2024 was $560 million, up from $557 million in the third quarter of 2024 and $512 million in the fourth quarter of 2023.
The increase from the third quarter was $3 million (0.5%), and from the fourth quarter of 2023, it was $48 million (9.4%). The higher provision year-over-year was mainly due to increased losses on credit card and commercial real estate loans.
Outlook: For the first quarter, the company sees relatively stable net interest income compared with the fourth quarter. The company also projects positive operating leverage of +200 bps.
The company sees FY25 revenues to increase 3% to 5% year over year.
The company said it continues to monitor economic uncertainties such as interest rates, inflation, and other factors that could impact borrowers.
Price Action: USB shares are trading lower by 2.46% to $49.65 premarket at last check Thursday.
Read Also:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/01/43022654/taiwan-semiconductor-q4-earnings-3nm-and-5nm-nodes-lead-topline-growth-expands-margins-issues-strong-q1-outlook" target="_blank" rel="noreferrer noopener">Taiwan Semiconductor Q4 Earnings: 3nm and 5nm Nodes Lead Topline Growth, Expands Margins, Issues Strong Q1 Outlook</a></li>
</ul>
Photo by JHVEPhoto via Shutterstock.

Guidance

U.S. Bancorp Q4 Earnings: EPS Win, Higher Credit Losses, Relatively Stable Q1 NII Outlook & More

U.S. Bancorp shares are trading lower after the company reported worse-than-expected Q4 revenue results.

U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $1.05 by 1.9 percent. This is a 8.08 percent increase over earnings of $0.99 per share from the same period last year. The company reported quarterly sales of $6.98 billion which missed the analyst consensus estimate of $7.00 billion by 0.25 percent. This is a 3.68 percent increase over sales of $6.73 billion the same period last year.

Earnings Misses

U.S. Bancorp Q4 2024 Sales $6.98B Miss $7.00B Estimate

U.S. Bancorp Says Well Positioned To Deliver Returns On Tangible Common Equity And Remain Confident In Strategy For Future Growth As It Moves Into 2025

U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $1.05 by 1.9 percent. This is a 8.08 percent increase over earnings of $0.99 per share from the same period last year.

U.S. Bancorp Q4 2024 Adj EPS $1.07 Beats $1.05 Estimate

<h3>Companies Reporting Before The Bell</h3>
• Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) is projected to report quarterly earnings at $0.09 per share on revenue of $117.45 million. 
• Taiwan Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) is likely to report quarterly earnings at $2.16 per share on revenue of $26.38 billion. 
• Infosys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INFY#NYSE">INFY</a>) is estimated to report quarterly earnings at $0.19 per share on revenue of $4.93 billion. 
• Bank7 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BSVN#NASDAQ">BSVN</a>) is expected to report quarterly earnings at $1.05 per share on revenue of $23.50 million. 
• PNC Finl Servs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>) is expected to report quarterly earnings at $3.30 per share on revenue of $5.49 billion. 
• M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) is projected to report quarterly earnings at $3.74 per share on revenue of $2.34 billion. 
• UnitedHealth Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) is expected to report quarterly earnings at $6.92 per share on revenue of $101.09 billion. 
• First Horizon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>) is likely to report quarterly earnings at $0.38 per share on revenue of $825.23 million. 
• Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) is projected to report quarterly earnings at $0.79 per share on revenue of $25.22 billion. 
• Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) is estimated to report quarterly earnings at $1.51 per share on revenue of $14.35 billion. 
• U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) is estimated to report quarterly earnings at $1.01 per share on revenue of $6.93 billion. 
<h3>Companies Reporting After The Bell</h3>
• JB Hunt Transport Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>) is expected to report quarterly earnings at $1.62 per share on revenue of $3.15 billion. 
• Independent Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDB#NASDAQ">INDB</a>) is projected to report quarterly earnings at $1.16 per share on revenue of $175.71 million. 
• Bank OZK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OZK#NASDAQ">OZK</a>) is expected to report quarterly earnings at $1.44 per share on revenue of $407.32 million. 
• RF Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RFIL#NASDAQ">RFIL</a>) is estimated to report quarterly earnings at $0.06 per share on revenue of $17.85 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BSVN

IIIN

INDB

JBHT

RFIL

Earnings Scheduled For January 16, 2025

Major U.S. banks reported strong fourth-quarter 2024 earnings on Wednesday, with better-than-expected results across the board <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42984073/banks-kick-off-earnings-season-on-wednesday-retail-traders-bet-big-on-financials-ahead-of-regulatory-tailwinds">and upbeat 2025 guidance. </a>
The performance was driven by robust net interest income (NII), resilient fee revenue, and disciplined expense management. 
These positive earnings results sent financial stocks higher, with the Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) rising 1.9% on Wednesday, eyeing the strongest one-day rally since Nov. 6, 2024, when financial stocks rallied in response to Donald Trump&#8216;s victory at the presidential elections.
The SPDR S&amp;P Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>) jumped 3.1%, reflecting strength among regional banks.
<h3 class="wp-block-heading">Bank Earnings In Focus</h3>
JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) reported fourth-quarter earnings per share of $4.81, far exceeding the consensus estimate of $4.11, representing a 17% surprise, according to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011525&amp;t=be2bearmibe3na1">Benzinga Pro</a> data.
Revenue came in at $43.74 billion, beating estimates by 4.9%. The bank's strong performance was attributed to higher NII, which totaled $94 billion for 2025 guidance, above expectations, along with lower-than-anticipated credit costs.
The world&#8217;s largest bank repurchased $4 billion in shares during the quarter, bringing its Common Equity Tier 1 ratio to 15.8%, up 30 basis points quarter-over-quarter.
Shares of JPMorgan Chase &amp; Co. rose 0.5% by 10:00 a.m. in New York. 
Read also: <a href="https://www.benzinga.com/25/01/43000684/jpmorgan-q4-earnings-shine-investment-banking-revenue-jumps-46-yy-jamie-dimon-says-inflation-may-persist-for-some-time">JPMorgan Chase Q4 Earnings: Investment Banking Revenue Jumps 46%, CEO Jamie Dimon Says &#8216;Inflation May Persist For Some Time&#8217;</a>
Goldman Sachs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) delivered a standout performance with EPS of $11.95, a sharp 45.4% surprise over the $8.22 consensus. Revenue reached $13.87 billion, 11.9% above estimates, driven by strong trading revenue, up by 13%, and better-than-expected equity underwriting, up 41%.
According to Bank of America analysts, Goldman remains &#8220;a favored way to gain exposure to rebounding investment banking activity.&#8221;
The bank repurchased $2 billion in shares and ended the quarter with a 15% CET1 ratio. Return on equity for 2024 stood at 12.5%, slightly below the bank&#8217;s mid-teens target but still solid.
Goldman Sachs rallied 6% in response to fourth-quarter results, reaching highs last seen in early December 2024 and eyeing the strongest 1-day rally since Nov. 6 2024.
Read also: <a href="https://www.benzinga.com/news/earnings/25/01/43000353/goldman-sachs-q4-earnings-equity-and-debt-underwriting-fuel-revenue-boost-assets-under-management-hit-record-314-trillion">Goldman Sachs Q4 Earnings: Underwriting Boosts Revenue, Assets Reach Record $3.14 Trillion</a>
Wells Fargo Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) posted EPS of $1.42, beating estimates by 5.2%, driven by stronger-than-expected NII and fee revenue. 
Overall revenue was slightly below estimates at $20.38 billion, yet the bank's 2025 guidance surprised to the upside, with NII expected to grow 1-3% year-over-year, implying $48.98 billion—higher than analyst expectations.
Wells Fargo's CET1 ratio stood at 11.1%, down 20 basis points quarter-over-quarter, but the bank returned $4 billion to shareholders through buybacks. 
Credit trends remained stable, and expenses were well-managed, positioning the bank for a solid year ahead.
Shares of Wells Fargo roared 5.7% to early December highs. 
Read Also: <a href="https://www.benzinga.com/news/earnings/25/01/43002392/wells-fargo-q4-earnings-investors-cheer-50-jump-in-net-profit-roe-improvement-bank-expects-up-to-3-jump-in-2025-nii">Wells Fargo Q4 Earnings: Investors Cheer 50% Jump In Net Profit, ROE Improvement, Bank Expects Up To 3% Jump In 2025 NII</a>
Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) reported EPS of $1.34, beating the $1.22 consensus by 9.8%, while revenue of $19.58 billion narrowly exceeded expectations. 
The results reflected solid execution across the bank's core operations, with a particular boost from strong trading revenues.
Though the bank still faces challenges in certain areas, analysts at Bank of America see improving operational efficiency and regulatory easing as potential tailwinds. 
Citigroup's stock rose 5.7% following the earnings release, reflecting growing investor optimism.
Read also: <a href="https://www.benzinga.com/news/buybacks/25/01/43002760/citigroup-q4-earnings-12-topline-growth-2-9-billion-net-income-20-billion-share-buyback-gains-in-wealth-and-market-segments">Citigroup Q4 Earnings: 12% Topline Growth, $2.9 Billion Net Income, $20 Billion Share Buyback, Gains In Wealth And Market Segments</a>
Bank of New York Mellon Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BK#NYSE">BK</a>) posted EPS of $1.72, exceeding estimates by 10.3%, while revenue of $4.85 billion beat projections by 4.2%. The results were driven by robust pre-provision net revenue growth, up 9.5% year-over-year, fueled by NII growth of nearly 14%.
The bank achieved its medium-term targets of a 33% pre-tax margin and 23% return on tangible common equity (ROTCE), highlighting disciplined expense management. 
Shareholder returns were also strong, with $1.1 billion returned in the fourth quarter, including $750 million in buybacks.
Shares rallied by 5.7%, eyeing their highest one-day surge since July 2022. 
<h3 class="wp-block-heading">Looking Ahead</h3>
The market spotlight will shift to Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>), First Horizon Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>), PNC Financial Services Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>), and M&amp;T Bank Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) all slated to report earnings on Thursday, before the market open. 
Here's what investors will be watching, according to Benzinga Pro data:
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Bank</th>
<th>Estimated Revenue</th>
<th>Estimated EPS</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bank of America Corp.</td>
<td>$25.24 billion</td>
<td>$0.77</td>
</tr>
<tr>
<td>Morgan Stanley</td>
<td>$15.03 billion</td>
<td>$1.70</td>
</tr>
<tr>
<td>PNC Financial Services Group Inc.</td>
<td>$5.50 billion</td>
<td>$3.33</td>
</tr>
<tr>
<td>U.S. Bancorp</td>
<td>$6.99 billion</td>
<td>$1.05</td>
</tr>
<tr>
<td>M&amp;T Bank Corp.</td>
<td>$2.34 billion</td>
<td>$3.73</td>
</tr>
<tr>
<td>First Horizon Corp.</td>
<td>$820.7 million</td>
<td>$0.39</td>
</tr>
</tbody>
</table>
</figure>
Read now: 
<ul>
<li><a href="https://www.benzinga.com/25/01/42997625/blackrock-beats-q4-estimates-fueled-by-record-inflows-116-trillion-aum-milestone">BlackRock Q4 Earnings: Record Inflows Fuel Revenue And Earnings Beat, AUM Hits $11.6 Trillion Milestone</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Small Cap

Big Banks Crush Q4 Earnings Forecasts: Financial Stocks Set For Biggest 1-Day Rally Since Trump's Election

Press Releases

U.S. Bank Hires El-Yafi to Lead New Global Transaction Services Group

Gunjan Kedia to Become CEO of U.S. Bancorp in Mid-April

Felicia La Forgia, Sekou Kaalund Appointed to U.S. Bank Managing Committee

U.S. Bank Avvance partners with Magwitch to expand its point-of-sale lending offering to more customers

U.S. Bank Freight Payment Index: Truck freight market continues to contract

U.S. Bancorp to Speak at Upcoming UBS and Bank of America Conferences

U.S. Bank Named an Official Banking Partner of the LA Clippers

U.S. Bancorp to speak at the RBC Capital Markets Global Financial Institutions Conference 2025

U.S. Bank Named One of the World's Most Ethical Companies by Ethisphere

U.S. Bancorp Announces Quarterly Dividends

Bank of America

Banco Bradesco Sa American Depositary Shares

Bank Bradesco

Banco Bradesco Sa American Depositary Shares (each representing one Common Share)

Banco Bilbao Vizcaya Argentaria S.A. Common Stock

Barclays

Banco Santander Brasil SA American Depositary Shares, each representing one unit

Banco Santander

Citigroup

First Citizens BancShares, Inc. - Class A Common Stock

First Citizens BancShares

Fifth Third Bancorp

HDFC Bank

HSBC Holdings

ICICI Bank

ING Groep

Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares)

Itau Unibanco Holding

JPMorgan Chase

KB Financial Group

Lloyds Banking Group Plc American Depositary Shares

Lloyds Banking Group

Mizuho Financial Group, Inc. Sponosred ADR (Japan)

Mizuho Financial Gr

Mitsubishi UFJ Financial Group, Inc. Common Stock

Mitsubishi UFJ Finl Gr

Nu Holdings

NatWest Group plc American Depositary Shares, (each representing two (2) Ordinary Shares)

NatWest Group

PNC Financial Services Group, Inc. (The) Common Stock

PNC Financial Services Gr

Banco Santander, S.A. Sponsored ADR (Spain)

Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan)

Comments

U.S. Bancorp

Unusual Options Activity for

ニュース

パートナーシップ

ベンジンガ・グローバル