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NYSE:USB

U.S. Bancorp (USB) Stock Price, News & Analysis

$40.56
-0.88 (-2.12%)
(As of 09:52 AM ET)
Today's Range
$40.48
$41.27
50-Day Range
$39.91
$44.70
52-Week Range
$27.27
$45.85
Volume
612,260 shs
Average Volume
8.59 million shs
Market Capitalization
$63.20 billion
P/E Ratio
12.37
Dividend Yield
4.83%
Price Target
$47.41

U.S. Bancorp MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
14.4% Upside
$47.41 Price Target
Short Interest
Healthy
1.51% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.40
Upright™ Environmental Score
News Sentiment
0.42mentions of U.S. Bancorp in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$2.54 M Sold Last Quarter
Proj. Earnings Growth
11.11%
From $3.87 to $4.30 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.94 out of 5 stars

Finance Sector

27th out of 876 stocks

National Commercial Banks Industry

7th out of 86 stocks

USB stock logo

About U.S. Bancorp Stock (NYSE:USB)

The earliest precursor to U.S. Bancorp was founded in 1863 and is now headquartered in Minneapolis, Minnesota. The company owns the 24th national charter, issued in 1863, and is the second oldest original charter holder still in existence. Today, the bank is the 5th largest financial institution in the U.S. and is considered to be systemically important by the FSB. The company’s revenue in 2021 topped $22.7 billion, it listed more than $573 million in total assets and employed more than 68,700 people.

U.S. Bancorp Is now operating as a financial services holding company. The company provides various financial and banking-related services to individuals, businesses, institutions, and governments under the U.S. Bank, Elavon, and Elan Financial Services banners. Elavon is a payment processor for merchants while Elan Financial Services is a credit card issuer that works in conjunction with small banks and credit unions across the U.S.

The U.S. Bank's name got its start in 1891 as the United States National Bank of Portland. That bank was merged with several others over the years before the one resulting in US Bancorp of Oregon. That bank lasted until the late 1990’s when it was merged with the First Bank System of Minnesota. That merger created the now-recognizable U.S. Bancorp but the mergers do not end there. A final takeover by Firstar, another bank with a long history of mergers, resulted in the bank being traded on the New York Stock Exchange today.

U.S. Bank operates in 5 segments that include Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services and Treasury and Corporate Support segments. The company’s long-term debt all carries AA or A+ ratings and are considered investment quality.

U.S. Bancorp’s financial services include deposits, checking, savings accounts, and CDs as well as a range of lending and investment services. Lending services include consumer and business loans, lines of credit and credit cards as well as personal loans, and others. Investment and insurance services include asset management, fund administration, IRA, and access to markets. Services are available through a network of 2,213 branch offices throughout the western and midwestern U.S. Accounts are also accessible through 4,052 ATMs, mobile, online, and telephone. U.S. Bancorp has operations in 26 states.

USB Stock Price History

USB Stock News Headlines

Elon Musk’s ChatGPT Could Soon Mint New Millionaires
Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.
USB Apr 2024 30.000 put
Elon Musk’s ChatGPT Could Soon Mint New Millionaires
Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.
NYCB names Craig Gifford as CFO
Thursday's Tragedy: Rate Cuts Unlikely
U.S. Bancorp (USB) Set to Announce Earnings on Wednesday
See More Headlines
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Company Calendar

Last Earnings
1/17/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/16/2024
Next Earnings (Confirmed)
4/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Diversified Banks
CUSIP
90297330
Employees
75,465
Year Founded
1836

Price Target and Rating

Average Stock Price Target
$47.41
High Stock Price Target
$58.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+14.4%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
23 Analysts

Profitability

Net Income
$5.43 billion
Pretax Margin
16.90%

Debt

Sales & Book Value

Annual Sales
$40.62 billion
Cash Flow
$5.16 per share
Book Value
$31.45 per share

Miscellaneous

Outstanding Shares
1,558,130,000
Free Float
1,554,549,000
Market Cap
$64.58 billion
Optionable
Optionable
Beta
1.05

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Should I Buy U.S. Bancorp Stock? USB Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in U.S. Bancorp:

  • U.S. Bancorp operates through various segments, including Wealth, Corporate, Commercial and Institutional Banking, which provides diversified revenue streams.
  • The company offers a wide range of financial services to individuals, businesses, and institutional organizations, catering to a broad customer base.
  • U.S. Bancorp provides ancillary services such as capital markets and treasury management, enhancing its value proposition to corporate and governmental entity customers.
  • The company offers asset management and fiduciary services, catering to the wealth management needs of individuals, estates, foundations, and organizations.
  • Investors may find U.S. Bancorp's current stock price attractive for potential capital appreciation opportunities.

Cons

Investors should be bearish about investing in U.S. Bancorp for these reasons:

  • U.S. Bancorp faces competition in the financial services industry, which may impact its market share and profitability.
  • The company's performance could be influenced by economic factors, interest rate fluctuations, and regulatory changes affecting the banking sector.
  • Market volatility and macroeconomic conditions may pose risks to U.S. Bancorp's financial performance and stock price stability.
  • Investors should consider the potential impact of geopolitical events and global economic trends on U.S. Bancorp's operations and financial results.
  • Changes in consumer behavior, technological advancements, and industry disruptions could affect U.S. Bancorp's competitiveness and growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these U.S. Bancorp pros and cons to contact@marketbeat.com.

USB Stock Analysis - Frequently Asked Questions

Should I buy or sell U.S. Bancorp stock right now?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for U.S. Bancorp in the last twelve months. There are currently 13 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" USB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in USB, but not buy additional shares or sell existing shares.
View USB analyst ratings
or view top-rated stocks.

What is U.S. Bancorp's stock price target for 2024?

23 Wall Street analysts have issued 1-year price targets for U.S. Bancorp's shares. Their USB share price targets range from $37.00 to $58.00. On average, they expect the company's share price to reach $47.41 in the next year. This suggests a possible upside of 14.4% from the stock's current price.
View analysts price targets for USB
or view top-rated stocks among Wall Street analysts.

How have USB shares performed in 2024?

U.S. Bancorp's stock was trading at $43.28 at the start of the year. Since then, USB stock has decreased by 4.2% and is now trading at $41.45.
View the best growth stocks for 2024 here
.

When is U.S. Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 17th 2024.
View our USB earnings forecast
.

How can I listen to U.S. Bancorp's earnings call?

U.S. Bancorp will be holding an earnings conference call on Wednesday, April 17th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were U.S. Bancorp's earnings last quarter?

U.S. Bancorp (NYSE:USB) posted its quarterly earnings results on Wednesday, January, 17th. The financial services provider reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.28. The financial services provider earned $6.76 billion during the quarter, compared to the consensus estimate of $6.85 billion. U.S. Bancorp had a trailing twelve-month return on equity of 14.89% and a net margin of 13.36%. The company's quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.20 EPS.
Read the conference call transcript
.

How often does U.S. Bancorp pay dividends? What is the dividend yield for U.S. Bancorp?

U.S. Bancorp declared a quarterly dividend on Tuesday, March 12th. Shareholders of record on Friday, March 29th will be given a dividend of $0.49 per share on Monday, April 15th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.73%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for USB
.

Is U.S. Bancorp a good dividend stock?

U.S. Bancorp (NYSE:USB) pays an annual dividend of $1.96 per share and currently has a dividend yield of 4.71%. USB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 59.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, USB will have a dividend payout ratio of 45.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for USB.

What is Andrew Cecere's approval rating as U.S. Bancorp's CEO?

883 employees have rated U.S. Bancorp Chief Executive Officer Andrew Cecere on Glassdoor.com. Andrew Cecere has an approval rating of 78% among the company's employees.

What other stocks do shareholders of U.S. Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other U.S. Bancorp investors own include Johnson & Johnson (JNJ), AT&T (T), Bank of America (BAC), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), Walt Disney (DIS), Verizon Communications (VZ), Intel (INTC), Cisco Systems (CSCO) and AbbVie (ABBV).

Who are U.S. Bancorp's major shareholders?

U.S. Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.13%), Douglas Lane & Associates LLC (0.11%), Matrix Asset Advisors Inc. NY (0.04%), Thomasville National Bank (0.04%), Daymark Wealth Partners LLC (0.04%) and Los Angeles Capital Management LLC (0.03%). Insiders that own company stock include Alan B Colberg, Andrew Cecere, Gillern Jeffry H Von, Gunjan Kedia, James B Kelligrew, James L Chosy, Katherine B Quinn, Lisa R Stark, Mark G Runkel, Richard P Mckenney, Scott W Wine, Shailesh M Kotwal, Terrance R Dolan and Timothy A Welsh.
View institutional ownership trends
.

How do I buy shares of U.S. Bancorp?

Shares of USB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does U.S. Bancorp have any subsidiaries?
The following companies are subsidiares of U.S. Bancorp: 111 Tower Investors Inc., Banctech Processing Services LLC, Bento for Business, CenPOS LLC, DSL Service Company, Daimler Title Co., EFS Depositary Nominees Limited, Eclipse Funding LLC, Elavon Canada Company, Elavon Digital (Dublin) Limited, Elavon Digital (GB) Limited, Elavon Digital Europe Limited, Elavon Digital Ireland Limited, Elavon European Holdings B.V., Elavon Financial Services DAC, Elavon Inc., Elavon Latin American Holdings LLC, Elavon Puerto Rico Inc., FSV Payment Systems Inc., Fairfield Financial Group Inc., First Bank LaCrosse Building Corp., First LaCrosse Properties, First Payment System Holdings Inc., First Payment Systems LLC, Firstar Capital Corporation, Firstar Development LLC, Firstar Realty L.L.C., Fixed Income Client Solutions LLC, Galaxy Funding Inc., HTD Leasing LLC, HVT Inc., Integrated Logistics LLC, MMCA Lease Services Inc., Mercantile Mortgage Financial Company, Midwest Indemnity Inc., Mississippi Valley Company, NILT Inc., Norse Nordics AB, NuMaMe LLC, One Eleven Investors LLC, Park Bank Initiatives Inc., Pomona Financial Services Inc., Pullman Park Development LLC, Pullman Transformation Inc., Quintillion Services Limited, RTRT Inc., Red Sky Risk Services LLC, SCBD LLC, SCDA LLC, SCFD LLC, Syncada Asia Pacific Private Limited, Syncada Canada ULC, Syncada India Operations Private Limited, Syncada LLC, TLT Leasing Corp., TMTT Inc., Talech Belize Limited, Talech Inc., Talech International Limited, Talech Lithuania UAB, Tarquad Corporation, The Miami Valley Insurance Company, U.S. Bancorp Asset Management Inc., U.S. Bancorp Community Development Corporation, U.S. Bancorp Community Investment Corporation, U.S. Bancorp Fund Services LLC, U.S. Bancorp Government Leasing and Finance Inc., U.S. Bancorp Insurance Company Inc., U.S. Bancorp Insurance Services LLC, U.S. Bancorp Insurance Services of Montana Inc., U.S. Bancorp Insurance and Investments Inc., U.S. Bancorp Investments Inc., U.S. Bancorp Missouri Low-Income Housing Tax Credit Fund L.L.C., U.S. Bancorp Municipal Lending and Finance Inc., U.S. Bank Global Corporate Trust Limited, U.S. Bank Global Fund Services (Cayman) Limited, U.S. Bank Global Fund Services (Guernsey) Limited, U.S. Bank Global Fund Services (Ireland) Limited, U.S. Bank Global Fund Services (Luxembourg) S.a.r.l., U.S. Bank National Association, U.S. Bank Trust Company National Association, U.S. Bank Trust National Association, U.S. Bank Trust National Association SD, U.S. Bank Trustees Limited, USB Americas Holdings Company, USB Capital IX, USB European Holdings Company, USB Investment Services (Holdings) Limited, USB Leasing LLC, USB Leasing LT, USB Nominees (GCT) Limited, USB Nominees (UK) Limited, USB Realty Corp., USB Securities Data Services Limited, USB Service Company Holdings Inc., USBCDE LLC, VT Inc., Vail Banks Inc., Western Bancorp, Wideworld Payment Solutions LLC, and talech.
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This page (NYSE:USB) was last updated on 4/16/2024 by MarketBeat.com Staff

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