StockWatch
·
Major Banks
DividendJun 24, 2026, 05:36 PM

U.S. Bancorp Raises Quarterly Dividend to $0.54; SCB Unchanged

AI Summary

U.S. Bancorp announced that its Stress Capital Buffer (SCB) requirement will remain at 2.6% until October 1, 2027. Additionally, the company plans to increase its quarterly common stock dividend by 3.8%, from $0.52 to $0.54 per share, starting in the third quarter of 2026, pending Board approval. The company reported a strong CET1 capital to risk-weighted assets ratio of 10.8% as of March 31, 2026, exceeding regulatory requirements.

Key Highlights

  • Quarterly common stock dividend to increase from $0.52 to $0.54 per share.
  • Dividend increase represents a 3.8% rise.
  • New dividend effective starting in the third quarter of 2026, subject to board approval.
  • Stress Capital Buffer (SCB) requirement remains unchanged at 2.6%.
  • SCB requirement unchanged until October 1, 2027.
  • CET1 capital to risk-weighted assets ratio was 10.8% as of March 31, 2026.
  • Remaining capacity of $4.1 billion under existing $5 billion share repurchase program.