Shares of U.S. Bancorp (NYSE:USB) ended Monday session in green amid volatile trading. The shares closed up +0.99 points or 2.25% at $44.92 with 6.91 million shares getting traded. Post opening the session at $44.66, the shares hit an intraday low of $44.65 and an intraday high of $44.93 and the price vacillated in this range throughout the day. The company has a market cap of $76.37 billion and the numbers of outstanding shares have been calculated to be 1.70 billion shares.
U.S. Bank has earned recognition by MONEY as one of its 2016-2017 Best Banks, according to the annual survey released recently. U.S. Bank was named the “Best Big Bank” in a tie with TD Bank.
“Our customers are at the heart of everything we do,” said Richard Davis, chairman and chief executive officer of U.S. Bank. “Our employees are focused on doing the right thing for our customers, and to be their most trusted choice for financial services. This recognition is a credit to their passion and hard work.”
“U.S. Bank provides a winning combination of broad coverage, easily waived maintenance fees (with a $1,500 average monthly balance on basic checking, say), and great service,” MONEY reports in its article. “It has outposts in half the states in the country, with a particularly strong presence in the West, and takes top marks for customer service, according to J.D. Power. And the bank offers discounted auto and other loan rates to customers—something done by fewer than half of the brick-and-mortar banks MONEY analyzed.”
Shares of Royal Bank of Scotland Group PLC (NYSE:RBS) ended Monday session in green amid volatile trading. The shares closed up +0.07 points or 1.52% at $4.67 with 1.61 million shares getting traded. Post opening the session at $4.67, the shares hit an intraday low of $4.61 and an intraday high of $4.68 and the price vacillated in this range throughout the day. The company has a market cap of $27.35 billion and the numbers of outstanding shares have been calculated to be 11.79 billion shares.
Royal Bank of Scotland Group PLC (RBS) provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. The company operates through Personal & Business Banking (PBB), Commercial & Private Banking (CPB), Corporate & Institutional Banking (CIB), Capital Resolution, Williams & Glyn, and Central Items & Other segments. It offers various traditional retail banking products, counting current and savings accounts, residential mortgages, credit cards, loan products, and investment services. The Royal Bank of Scotland Group plc was founded in 1727 and is headquartered in Edinburgh, the United Kingdom.