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U.S. Bank invests in branch modernization in Q3

Bank tech spend up 2.5% YoY to $524M

Courtney BlackannbyCourtney Blackann
October 16, 2024
in Banking
Reading Time: 3 mins read
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U.S. Bank increased its technology spend in the third quarter to further digitalize capabilities within its branch network.  “Our strategy focus is to create density in the highest growth areas within our current footprint, rather than use branches to expand out of our footprint,” U.S. Bank President Gunjan Kedia said during today’s Q3 earnings call. […]

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Tags: branch bankingdigital bankingearningsPremiumU.S. Bank
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