U.S. Bancorp (USB)

NYSE: USB · Real-Time Price · USD
47.92
+0.51 (1.08%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.08%
Market Cap 74.76B
Revenue (ttm) 24.90B
Net Income (ttm) 5.09B
Shares Out 1.56B
EPS (ttm) 3.25
PE Ratio 14.72
Forward PE 11.40
Dividend $2.00 (4.17%)
Ex-Dividend Date Dec 31, 2024
Volume 6,528,718
Open 47.28
Previous Close 47.41
Day's Range 47.22 - 48.57
52-Week Range 37.81 - 53.98
Beta 1.05
Analysts Buy
Price Target 53.39 (+11.42%)
Earnings Date Jan 16, 2025

About USB

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. It operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditi... [Read more]

Sector Financials
Founded 1863
Employees 75,465
Stock Exchange NYSE
Ticker Symbol USB
Full Company Profile

Financial Performance

In 2023, U.S. Bancorp's revenue was $25.74 billion, an increase of 15.90% compared to the previous year's $22.21 billion. Earnings were $5.05 billion, a decrease of -8.18%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for USB stock is "Buy." The 12-month stock price forecast is $53.39, which is an increase of 11.42% from the latest price.

Price Target
$53.39
(11.42% upside)
Analyst Consensus: Buy
Stock Forecasts

News

What's The Outlook For U.S. Bancorp Stock?

U.S. Bancorp's stock (NYSE: USB) has risen by about 23% year-to-date. This is below the S&P 500 which gained about 28% over the same period and also well below banking bellwether JPMorgan which is up ...

8 days ago - Forbes

U.S. Bancorp (USB) Goldman Sachs 2024 U.S. Financial Services Conference Call Transcript

U.S. Bancorp (NYSE:USB) Goldman Sachs 2024 U.S. Financial Services Conference Call December 11, 2024 9:20 AM ET Company Participants Andrew Cecere - Chairman & CEO John Stern - Senior Executive VP & ...

9 days ago - Seeking Alpha

U.S. Bancorp announces quarterly dividends

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp announces quarterly dividends.

10 days ago - Business Wire

U.S. Bancorp to speak at the Goldman Sachs Financial Services Conference

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp to speak at the Goldman Sachs Financial Services Conference.

16 days ago - Business Wire

6 Regional Bank Stocks to Buy Before Trump Names New SEC Leadership

The regional banking sector has spent much of the last two years making headlines for all the wrong reasons. Bank failures like Silicon Valley, Signature Bank, and First Republic Bank rocked the secto...

Other symbols: DFSKEYMTBRFTFC
21 days ago - Benzinga

U.S. Bancorp Series A Preferred Stock: A Hidden Treasure With Appealing Capital Appreciation Potential

US Bancorp's Series A preferred stock offers inflation protection and a floating rate tied to SOFR, making it a compelling investment despite expected lower future dividends. USB.PR.A is currently tra...

25 days ago - Seeking Alpha

Kristy Carstensen takes over as leader of U.S. Bank Global Treasury Management

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank announced Kristy Carstensen as the new leader of its Global Treasury Management business. In this position, Carstensen heads the unit that provides comprehensiv...

25 days ago - Business Wire

One Stock I've Been Buying This Month And One I'm Looking To Buy

PepsiCo and Realty Income have experienced price drops due to high inflation, but both companies remain fundamentally sound with strong long-term growth potential. Food inflation, in particular, has c...

Other symbols: ADCDGKOOPEPWBA
5 weeks ago - Seeking Alpha

$4.3 Billion USB Camera Controller Market Forecast to 2029

Dublin, Nov. 14, 2024 (GLOBE NEWSWIRE) -- The "USB Camera Controller Market: Analysis By Type, By Device Type, By Connectivity, By Application, By Region Size and Trends and Forecast up to 2029" repor...

5 weeks ago - GlobeNewsWire

US Bancorp: Despite Rate Risk, Series A Preferred Still A Good Buy

US Bancorp's Series A preferred shares remain a top income investment despite recent interest rate volatility, offering a yield of 7%. The bank's net interest margin has improved, with interest income...

5 weeks ago - Seeking Alpha

U.S. Bancorp (USB) BancAnalysts Association of Boston's Annual Bank Conference (Transcript)

U.S. Bancorp (NYSE:USB) BancAnalysts Association of Boston's Annual Bank Conference November 7, 2024 10:30 AM ET Company Participants John Stern - Senior Executive Vice President and Chief Financial ...

5 weeks ago - Seeking Alpha

U.S. Bancorp Provides Schedule for 2026 Earnings Conference Calls

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp Provides Schedule for 2026 Earnings Conference Calls.

6 weeks ago - Business Wire

Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'

Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...

Other symbols: BBYCAGEQRETRFRTKEYKIM
6 weeks ago - Seeking Alpha

U.S. Bank Decreases Prime Lending Rate to 7.75 Percent

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank Decreases Prime Lending Rate to 7.75 Percent.

6 weeks ago - Business Wire

Call of the Day: Oppenheimer raises bank targets

The Investment Committee debate the big bank names.

Other symbols: BACCGSJEFJPMKBEXLF
6 weeks ago - CNBC Television

U.S. Bancorp to speak at the BancAnalysts Association of Boston Conference

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp to speak at the BancAnalysts Association of Boston Conference.

7 weeks ago - Business Wire

U.S. Bancorp announces planned leadership, structural changes for payments business

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp announces planned leadership, structural changes for payments business.

7 weeks ago - Business Wire

Belkin Introduces the Connect USB-C 11-in-1 Pro GaN Dock

LOS ANGELES--(BUSINESS WIRE)--Belkin, a leading consumer electronics brand for 40 years, today announced the launch of its latest innovation, the Connect USB-C 11-in-1 Pro GaN Dock 150W. Designed for ...

2 months ago - Business Wire

Dow Jumps 250 Points; U.S. Bancorp Earnings Top Views

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining over 250 points on Wednesday.

2 months ago - Benzinga

US Bancorp Sees Stable Card Delinquencies and Commercial Revenue Boost

US Bancorp's latest quarter showed continued growth in card balances, resilience in what it has termed its “differentiated business model” and credit quality metrics that were in line with expectation...

2 months ago - PYMNTS

US Bancorp Stock Surges as Profit Tops Expectations

U.S. Bancorp (USB) shares jumped Wednesday as its profit got a boost from higher-than-anticipated net interest income.

2 months ago - Investopedia

U.S. Bancorp (USB) Q3 2024 Earnings Call Transcript

U.S. Bancorp (NYSE:USB) Q3 2024 Earnings Call Transcript October 16, 2024 8:00 AM ET Company Participants George Andersen - SVP and Director of IR Andy Cecere - Chairman and CEO John Stern - CFO Gunj...

2 months ago - Seeking Alpha

U.S. Bancorp Reports Third Quarter 2024 Results

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp Reports Third Quarter 2024 Results.

2 months ago - Business Wire

I Remain Cautious About U.S. Bancorp Ahead Of Earnings

U.S. Bancorp will report third quarter results on Wednesday and we can expect similar results as in the second quarter. While results are still solid, we see earnings per share constantly decline in t...

2 months ago - Seeking Alpha

U.S. Bancorp: I'm Buying This Undervalued Stock That Just Raised Its Dividend

U.S. Bancorp offers an attractive value proposition, trading below historical valuation with a forward P/E of 12.0 and a solid 4.3% dividend yield. USB's strong risk management, steady loan and deposi...

2 months ago - Seeking Alpha