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00:02U.S. Bancorp plans to add more than 50 client-facing roles this year in Florida,
00:08Georgia, Texas, and Arizona as it expands business banking into fast-growing regions
00:13without physical branches, according to CNBC. The strategy follows tests in cities including
00:19Las Vegas and Dallas and Target's businesses with up to $50 million in annual revenue.
00:24Bankers will also work with wealth management and commercial real estate teams.
00:28Business banking sales head D. Odell said the bank is considering additional markets.
00:35CEO Gunjan Kadia has also said U.S. Bancorp wants to increase consumer deposits
00:39after reducing costs and improving fee income last year.
00:42The bank's shares have climbed 62% since Kadia took over in 2025.
00:47For all things money, visit Benzinga.com.
