Inside the research
U.S. Bancorp
USB Research profile · latest available data
Price overview
$59.33
▲ +0.93 (+1.6%)
| 52w hi | $65.42 |
|---|---|
| 52w lo | $44.01 |
| Vol | 6.41M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.21
| Short | +0.09 |
|---|---|
| Medium | +0.23 |
| Long | +0.41 |
computed 2026-09-27
Key fundamentals
U.S. Bancorp
Financial Services · Banks - Regional
| Market cap | $92.44B |
|---|---|
| Enterprise value | $129.03B |
| Trailing P/E | 11.84x |
| Forward P/E | 10.24x |
| P / S (ttm) | 3.38x |
| Profit margin | 29.9% |
| Return on equity | 12.6% |
| Revenue growth | +10.4% |
| Earnings growth | +21.6% |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.36 | |
| Sector | +0.02 | |
| Technical | +0.07 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. The company operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments. It offers depository services, including checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products and credit card services, lease financing and import/export trade, agricultural finance, asset-backed lending, and other products. The company also provides cash management, capital markets, and trust and investment management services; and ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers. In addition, it offers asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations; and investment and insurance products to its customers principally within its domestic markets, as well as fund administration services to mutual and other funds. Further, the company provides corporate and purchasing card, and corporate trust services; and credit card services, merchant and ATM processing, mortgage banking, insurance, brokerage and leasing services. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.
Risk Metrics
| Beta vs SPX | 0.98 |
|---|---|
| Corr SPX | 0.61 |
| Annual vol | 25.8% |
| Annual ret | +16.0% |
| Sharpe | 0.62 |
| Max DD | -32.2% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $63.48 |
|---|---|
| High / Low | $74.00 / $57.50 |
| Median | $62.50 |
| Analysts | 20 |
| Strong Buy | 4 | |
|---|---|---|
| Buy | 9 | |
| Hold | 8 | |
| Sell | 0 | |
| Strong Sell | 1 |
Recent rating actions
| 2026-04-30 | JP Morgan | → Underweight |
| 2026-04-29 | Oppenheimer | → Outperform |
| 2026-04-29 | Evercore ISI Group | → In-Line |
| 2026-04-17 | Truist Securities | → Buy |
| 2026-04-17 | RBC Capital | → Outperform |
| 2026-04-17 | Oppenheimer | → Outperform |
Officers & Board
| CEO | Gunjan Kedia since 2025 |
|---|---|
| CEO | Andrew J. Cecere 2017–2025 |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-16 | Earnings Release, Reg FD Disclosure… | read |
| 2026-06-24 | Other Material Event, Exhibits | read |
| 2026-04-23 | Shareholder Vote, Exhibits | read |
| 2026-04-16 | Earnings Release, Reg FD Disclosure… | read |
| 2026-04-08 | Reg FD Disclosure, Exhibits | read |
| 2026-03-09 | Other Material Event, Exhibits | read |
| 2026-01-29 | Officer / Director Change, Exhibits | read |
| 2026-01-28 | Officer / Director Change, Exhibits | read |
| 2026-01-20 | Earnings Release, Reg FD Disclosure… | read |
| 2026-01-13 | Securities Issuance, Reg FD Disclosure… | read |
| 2025-11-06 | Reg FD Disclosure, Exhibits | read |
| 2025-10-16 | Earnings Release, Reg FD Disclosure… | read |
Connections
Subsidiarys: Elavon
Dividends
| Yield (TTM) | 2.63% |
|---|---|
| $ / share (TTM) | $1.56 |
| 5y CAGR | +4.0% |
Annual dividend per share
| 2021 | $1.76 |
|---|---|
| 2022 | $1.88 |
| 2023 | $1.93 |
| 2024 | $1.98 |
| 2025 | $2.04 |
| 2026 | $0.52 |
Federal Contracts
| Amount | Agency | Description |
|---|---|---|
| $42.16M | Department of Defense | FLEET FUEL CARD SERVICES |
| $19.81M | Department of Homeland Security | I-901 FEE SYSTEM AND OPERATIONS MAINTENANCE |
| $18.78M | Department of Homeland Security | I-901 FEE COLLECTION SYSTEM |
| $15.29M | Department of Defense | SWIPE SEA CARD SERVICES |
| $6.46M | Department of Health and Human Services | MAC BANKING SERVICES |
| $1.36M | Department of Health and Human Services | THE PURPOSE OF THIS CONTRACT IS TO PROVIDE PAYMENT SERVICES FOR CMS IN THE FOLLO |
| $1.08M | Department of Health and Human Services | PAYMENT SERVICES FOR BOTH THE MEDICARE ADMINISTRATIVE CONTRACTORS AND THE DEMONS |
| $92.85K | Department of Defense | WHIDBEY ISLAND, KIRTLAND, AND VANDENBERG COMMISSARIES FOR BANKING SERVICES |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $28.66B | +4.9% | |
| Net income | $6.30B | +2.4% | |
| Cash from ops | $8.39B | +4.3% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $58.64 | $59.52 | $58.50 | $59.33 | 6.41M |
| Sep 24 | $58.61 | $58.79 | $57.95 | $58.40 | 7.08M |
| Sep 23 | $59.00 | $59.38 | $58.42 | $58.48 | 7.64M |
| Sep 22 | $60.75 | $60.75 | $58.86 | $59.44 | 9.48M |
| Sep 21 | $60.44 | $60.67 | $59.87 | $60.44 | 7.38M |
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