U.S. Bancorp (USB)

NYSE: USB · IEX Real-Time Price · USD
49.30
+0.15 (0.31%)
At close: Feb 3, 2023, 4:00 PM
49.29
-0.01 (-0.02%)
After-hours: Feb 3, 2023, 7:53 PM EST
0.31%
Market Cap 75.44B
Revenue (ttm) 22.73B
Net Income (ttm) 6.23B
Shares Out 1.53B
EPS (ttm) 4.20
PE Ratio 11.74
Forward PE 8.57
Dividend $1.88 (3.81%)
Ex-Dividend Date Dec 29, 2022
Volume 6,414,966
Open 48.82
Previous Close 49.15
Day's Range 48.71 - 49.62
52-Week Range 38.39 - 60.50
Beta 0.97
Analysts Buy
Price Target 53.95 (+9.43%)
Earnings Date Jan 25, 2023

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 in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; lending services, such ... [Read more]

Sector Financials
Founded 1863
Employees 70,000
Stock Exchange NYSE
Ticker Symbol USB
Full Company Profile

Financial Performance

In 2021, U.S. Bancorp's revenue was $23.89 billion, an increase of 23.04% compared to the previous year's $19.42 billion. Earnings were $7.61 billion, an increase of 64.57%.

Financial Statements

Analyst Forecast

According to 29 analysts, the average rating for USB stock is "Buy." The 12-month stock price forecast is $53.95, which is an increase of 9.43% from the latest price.

Price Target
$53.95
(9.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB) announced it has increased its prime lending rate to 7.75 percent from 7.50 percent, at all U.S. Bank locations. The reference rate at all Unio...

3 days ago - Business Wire

U.S. Bancorp Asset Management names Jim Link head of institutional outsourced chief investment officer (OCIO) division

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp Asset Management has named Jim Link as head of its institutional Outsourced Chief Investment Officer (OCIO) practice, housed within its wholly-owned subsid...

3 days ago - Business Wire

U.S. Bancorp (USB) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does U.S. Bancorp (USB) have what it takes?

1 week ago - Zacks Investment Research

Jim Cramer picks his standout stocks in 4 bull market industries

Companies in Cramer's list include Wells Fargo, Raytheon Technologies, Delta Air Lines, J.B. Hunt and Boeing.

1 week ago - CNBC

U.S. Bancorp (USB) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for U.S. Bancorp (USB) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with Wall ...

1 week ago - Zacks Investment Research

U.S. Bancorp results lift stock price despite red ink in broad market

U.S. Bancorp stock rose Wednesday despite weakness in the broad equities market as the company said it would beat Wall Street profit targets for 2023, although it missed its earnings and revenue targe...

1 week ago - Market Watch

U.S. Bancorp (USB) Q4 Earnings Top on Higher NII, Provisions Up

Rise in loan balance, higher interest rates and the MUFG Union Bank acquisition support U.S. Bancorp's (USB) Q4 earnings. Yet, lower fee income and an increase in expenses and provisions are headwinds...

1 week ago - Zacks Investment Research

U.S. Bancorp (USB) Beats Q4 Earnings Estimates

U.S. Bancorp (USB) delivered earnings and revenue surprises of 8.11% and 4.79%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

U.S. Bancorp Reports Fourth Quarter 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp reported its fourth quarter 2022 results today. The earnings release, business line schedules and slide presentation can be accessed online at ir.usbank.co...

1 week ago - Business Wire

Alan B. Colberg Joins U.S. Bancorp Board of Directors

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp announced today that its board of directors elected Alan B. Colberg as a director of the company, effective immediately. He will serve on U.S. Bancorp's Au...

1 week ago - Business Wire

What bank-enabled digital wallets mean for Fintech

Wolfe Research analyst Darrin Peller joins 'Tech Check' to discuss whether big banks are good at consumer fintech.

1 week ago - CNBC Television

NII to Aid U.S. Bancorp (USB) Q4 Earnings Amid Fee Income Woes

Higher interest rates and decent loan demand are expected to have aided U.S. Bancorp's (USB) Q4 earnings amid weakness in fee income and higher provisions.

1 week ago - Zacks Investment Research

Big Banks to Launch Apple Pay Competitor in 2023 H2

America's biggest banks are reportedly launching a digital wallet to take on Apple and PayPal. The banks are developing a product that will let consumers make online purchases with a wallet tied to th...

Other symbols: BACCJPMPNCTFCWFC
1 week ago - PYMNTS

U.S. Bancorp (USB) Reports Next Week: Wall Street Expects Earnings Growth

U.S. Bancorp (USB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

U.S. BANCORP ALERT: Bragar Eagel & Squire, P.C. is Investigating U.S. Bancorp on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against U.S. Bancorp (NYSE: USB) on behalf of long-term...

2 weeks ago - Business Wire

U.S. Bancorp (NYSE: USB) Shareholder Alert: Investors May Have Potential Claims for Compensation - Rosca Scarlato Investor Lawyers

PHILADELPHIA , Jan. 16, 2023 /PRNewswire/ -- Investor lawyers at the Rosca Scarlato law firm are investigating alleged securities violations, corporate misconduct, and misrepresentations, as well as q...

2 weeks ago - PRNewsWire

7 Dividend-Paying Large-Cap Stocks to Buy in January

With the markets likely to stay volatile during 2023, playing defensively remains a solid strategy to ride out this tough investing environment. One way you can implement such a strategy is by increas...

Other symbols: BMYDOWFPMUPSVZ
3 weeks ago - InvestorPlace

5 S&P 500 Banks With Solid Dividend Yield Amid Recession Risk

Apart from strong fundamentals, the S&P 500 banks like Citi (C), Truist (TFC), U.S. Bancorp (USB), Huntington (HBAN) and Citizens Financial (CFG) have solid dividend yields, which will help income inv...

Other symbols: CCFGHBANTFC
1 month ago - Zacks Investment Research

Alibaba, BofA And More: Charlie Munger's Top Holdings At The End Of Q4

Billionaire investor and Warren Buffett's trusted lieutenant Charlie Munger -run Daily Journal has filed its quarterly 13F, disclosing its investment holdings at the end of the fourth quarter.

Other symbols: BABABACWFC
1 month ago - Benzinga

U.S. Bancorp Announces Fourth Quarter Earnings Conference Call Details

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB) will release its fourth quarter 2022 earnings results before the market opens on Wednesday, January 25, 2023. At 8 a.m. CT, Chairman, President...

1 month ago - Business Wire

SHAREHOLDER ALERT: U.S. Bancorp (USB) Officers and Directors Under Investigation for Alleged Breaches of Fiduciary Duty and False Statements

SAN FRANCISCO , Jan. 4, 2023 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential claims on behalf of shareholders of U.S. Bancorp (NYSE: USB) related to undisclosed risks about t...

1 month ago - PRNewsWire

Why U.S. Bancorp (USB) is Poised to Beat Earnings Estimates Again

U.S. Bancorp (USB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

USB FINAL DEADLINE TODAY: ROSEN, NATIONAL TRIAL ATTORNEYS, Encourages U.S. Bancorp Investors With Losses in Excess of $100K to Secure Counsel Before Important Tuesday Deadline in Securities Class Action - USB

NEW YORK , Dec. 27, 2022 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of U.S. Bancorp (NYSE: USB) between August 1, 2019 and July 28, 2...

1 month ago - PRNewsWire

Final Deadline: Bronstein, Gewirtz & Grossman, LLC, A Successful Firm, Reminds U.S. Bancorp (USB) Investors of Class Action Deadline and Encourages Shareholders to Contact the Firm

NEW YORK--(BUSINESS WIRE)--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against U.S. Bancorp (“U.S. Bancorp” or the “Compan...

1 month ago - Business Wire

What To Expect From U.S. Bancorp Stock?

U.S. Bancorp's stock (NYSE: USB) has lost roughly 24% YTD as compared to the 20% drop in the S&P500 index over the same period.

1 month ago - Forbes