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Stock impact report

U.S. Bank to buy BTIG for $1B to bolster capital-markets business [Yahoo! Finance]

U.S. Bancorp (USB) 
Last u.s. bancorp earnings: 4/15 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
U.S. Bank will acquire financial services firm BTIG in a deal worth up to $1 billion that's set to close by the second quarter of 2026, the Minneapolis-based lender announced Tuesday The $1 billion figure accounts for a target purchase price of $725 million – split evenly between $362.5 million in cash and slightly more than 6.6 million shares of common stock. The remaining $275 million is a cash consideration that depends on meeting certain performance targets and is payable over three years. “BTIG's top talent, capabilities and technology will position us for continued capital markets growth and deeper client relationships,” U.S. Bank CEO Gunjan Kedia said in a statement Tuesday. U.S. Bank's capital markets business raked in roughly $1.4 billion in revenue in the 12 months prior to Sept. 30, 2025 , and a compound annual growth rate of 21% between 2021 and 2024. “This acquisition will enable both organizations to deliver greater value, innovation and efficiency to the compan Show less Read more
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