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
Vol6.41M
As of25 Sep 2026

The Verdict

Hold

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/E11.84x
Forward P/E10.24x
P / S (ttm)3.38x
Profit margin29.9%
Return on equity12.6%
Revenue growth+10.4%
Earnings growth+21.6%

Layer Breakdown

LayerRawContribution
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.

United States · www.usbank.com

Risk Metrics

Beta vs SPX0.98
Corr SPX0.61
Annual vol25.8%
Annual ret+16.0%
Sharpe0.62
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
Analysts20
Strong Buy4
Buy9
Hold8
Sell0
Strong Sell1

Recent rating actions

2026-04-30JP Morgan→ Underweight
2026-04-29Oppenheimer→ Outperform
2026-04-29Evercore ISI Group→ In-Line
2026-04-17Truist Securities→ Buy
2026-04-17RBC Capital→ Outperform
2026-04-17Oppenheimer→ Outperform

Officers & Board

CEOGunjan Kedia since 2025
CEOAndrew J. Cecere 2017–2025

Material Events

DateEvent8-K
2026-07-16Earnings Release, Reg FD Disclosure…read
2026-06-24Other Material Event, Exhibitsread
2026-04-23Shareholder Vote, Exhibitsread
2026-04-16Earnings Release, Reg FD Disclosure…read
2026-04-08Reg FD Disclosure, Exhibitsread
2026-03-09Other Material Event, Exhibitsread
2026-01-29Officer / Director Change, Exhibitsread
2026-01-28Officer / Director Change, Exhibitsread
2026-01-20Earnings Release, Reg FD Disclosure…read
2026-01-13Securities Issuance, Reg FD Disclosure…read
2025-11-06Reg FD Disclosure, Exhibitsread
2025-10-16Earnings 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

AmountAgencyDescription
$42.16MDepartment of DefenseFLEET FUEL CARD SERVICES
$19.81MDepartment of Homeland SecurityI-901 FEE SYSTEM AND OPERATIONS MAINTENANCE
$18.78MDepartment of Homeland SecurityI-901 FEE COLLECTION SYSTEM
$15.29MDepartment of DefenseSWIPE SEA CARD SERVICES
$6.46MDepartment of Health and Human ServicesMAC BANKING SERVICES
$1.36MDepartment of Health and Human ServicesTHE PURPOSE OF THIS CONTRACT IS TO PROVIDE PAYMENT SERVICES FOR CMS IN THE FOLLO
$1.08MDepartment of Health and Human ServicesPAYMENT SERVICES FOR BOTH THE MEDICARE ADMINISTRATIVE CONTRACTORS AND THE DEMONS
$92.85KDepartment of DefenseWHIDBEY ISLAND, KIRTLAND, AND VANDENBERG COMMISSARIES FOR BANKING SERVICES

SEC Filings

DateFormDoc
2026-08-1213F-HRview
2026-08-11424B2view
2026-08-11424B2view
2026-08-10424B2view
2026-08-10424B2view
2026-08-06424B3view
2026-08-0610-Qview
2026-08-05424B2view
2026-08-04424B2view
2026-08-04424B3view
2026-08-03424B3view
2026-08-03424B2view
2026-08-03424B3view
2026-08-03424B3view
2026-08-03424B3view

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$28.66B+4.9%
Net income$6.30B+2.4%
Cash from ops$8.39B+4.3%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$58.64$59.52$58.50$59.336.41M
Sep 24$58.61$58.79$57.95$58.407.08M
Sep 23$59.00$59.38$58.42$58.487.64M
Sep 22$60.75$60.75$58.86$59.449.48M
Sep 21$60.44$60.67$59.87$60.447.38M

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