U.S. Bancorp (USB) Projected to Announce Earnings on Thursday

Key Points

• U.S. Bancorp is expected to report Q3 2026 earnings before market open on October 15. Analysts forecast earnings of $1.32 per share on $7.99 billion in revenue, compared with $1.35 per share and $7.69 billion in the prior quarter.
• The company increased its quarterly dividend from $0.52 to $0.54 per share, equivalent to $2.16 annually and a yield of approximately 3.9%.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and an average price target of $67.31; the stock recently traded at $56.09. Several insiders, including the CEO, recently sold shares.

U.S. Bancorp (NYSE:USB - Get Free Report) is anticipated to release its Q3 2026 results before the market opens on Thursday, October 15th. Analysts expect U.S. Bancorp to announce earnings of $1.32 per share and revenue of $7.9919 billion for the quarter. Parties can find conference call details on the company's upcoming Q3 2026 earning report page for the latest details on the call scheduled for Thursday, October 15, 2026 at 9:00 AM ET.

U.S. Bancorp (NYSE:USB - Get Free Report) last released its quarterly earnings results on Thursday, July 16th. The financial services provider reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.07. U.S. Bancorp had a return on equity of 13.69% and a net margin of 18.49%.The business had revenue of $7.69 billion during the quarter, compared to analysts' expectations of $7.58 billion. During the same quarter last year, the business posted $1.11 EPS. On average, analysts expect U.S. Bancorp to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

U.S. Bancorp Stock Performance

NYSE:USB opened at $56.09 on Thursday. The company has a market cap of $87.40 billion, a price-to-earnings ratio of 11.20, a PEG ratio of 1.05 and a beta of 1.00. U.S. Bancorp has a 1 year low of $45.02 and a 1 year high of $66.07. The stock's 50 day simple moving average is $61.72 and its two-hundred day simple moving average is $58.78. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.83 and a quick ratio of 0.82.

U.S. Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a $0.54 dividend. This is a boost from U.S. Bancorp's previous quarterly dividend of $0.52. This represents a $2.16 annualized dividend and a yield of 3.9%. The ex-dividend date is Wednesday, September 30th. U.S. Bancorp's dividend payout ratio (DPR) is presently 43.11%.

Analyst Upgrades and Downgrades

USB has been the subject of several research reports. Morgan Stanley increased their price objective on shares of U.S. Bancorp from $64.00 to $67.00 and gave the company an "equal weight" rating in a research report on Monday, June 29th. Wells Fargo & Company upped their target price on shares of U.S. Bancorp from $66.00 to $69.00 and gave the company an "overweight" rating in a research report on Friday, July 17th. Citigroup reaffirmed a "buy" rating on shares of U.S. Bancorp in a report on Tuesday, September 22nd. Raymond James Financial dropped their price target on U.S. Bancorp from $74.00 to $72.00 and set a "strong-buy" rating for the company in a research report on Tuesday. Finally, Jefferies Financial Group raised U.S. Bancorp from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $60.00 to $75.00 in a research note on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $67.31.

Insider Buying and Selling at U.S. Bancorp

In other news, CEO Gunjan Kedia sold 27,267 shares of the firm's stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $62.37, for a total value of $1,700,642.79. Following the completion of the sale, the chief executive officer owned 426,262 shares in the company, valued at approximately $26,585,960.94. This trade represents a 6.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Stephen L. Philipson sold 36,906 shares of U.S. Bancorp stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $63.08, for a total transaction of $2,328,030.48. Following the transaction, the insider directly owned 74,969 shares of the company's stock, valued at approximately $4,729,044.52. This represents a 32.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.21% of the company's stock.

About U.S. Bancorp

U.S. Bancorp is a financial services holding company headquartered in Minneapolis, Minnesota, and the parent company of U.S. Bank National Association. The company provides banking, lending, payment, investment, and wealth management services to individuals, businesses, government entities, and institutional clients.

Through U.S. Bank, its principal subsidiary, U.S. Bancorp offers checking and savings accounts, credit cards, mortgages, consumer and business loans, commercial banking, treasury management, investment services, and financial planning.

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