US BANCORP \DE\'s USB-P-Q is an exchange-traded preferred stock in the Banks sector. At a recent price of $14.80, USB-P-Q yields 6.33% on its $25 liquidation preference and 3.75% coupon. It trades at a discount of 40.8% to par. The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2026-01-15. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.