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NYSE:USB

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

$33.06
+0.59 (+1.82%)
(As of 04:32 PM ET)
Compare
Today's Range
$32.55
$33.52
50-Day Range
$32.46
$40.24
52-Week Range
$27.27
$49.95
Volume
10.88 million shs
Average Volume
14.08 million shs
Market Capitalization
$50.68 billion
P/E Ratio
9.16
Dividend Yield
5.81%
Price Target
$46.67

U.S. Bancorp MarketRank™ Forecast

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
41.4% Upside
$46.67 Price Target
Short Interest
Healthy
2.09% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.40
Upright™ Environmental Score
News Sentiment
0.55mentions of U.S. Bancorp in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$1.58 M Sold Last Quarter
Proj. Earnings Growth
-4.97%
From $4.43 to $4.21 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.20 out of 5 stars

Finance Sector

32nd out of 868 stocks

National Commercial Banks Industry

7th out of 86 stocks


USB stock logo

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

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 Price History

USB Stock News Headlines

Stock market today: Asian shares surge after Wall St gains on signs the US jobs market is cooling
Stocks are higher in Asia after Wall Street was boosted by a report that signaled the U.S. jobs market, while still healthy, is showing some signs of cooling
This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
US Bancorp (USB) Gets a Buy from Wells Fargo
This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
U.S. Bancorp (NYSE:USB) PT Lowered to $62.00 at Oppenheimer
U.S. Bancorp (NYSE:USB) Price Target Cut to $37.00
Citi Sticks to Their Hold Rating for US Bancorp (USB)
USB Sep 2023 42.000 put
U.S. Bancorp (USB) Stock to Watch on 5.6% Dividend Yield
U.S. Bank Unveils Connected Partnership Network
Video: U.S. Bank Donates Home to Afghanistan War Veteran
U.S. Bancorp (NYSE:USB) Has Affirmed Its Dividend Of $0.48
See More Headlines
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USB Company Calendar

Ex-Dividend for 7/17 Dividend
6/29/2023
Dividend Payable
7/17/2023
Last Earnings
7/19/2023
Ex-Dividend for 10/16 Dividend
9/28/2023
Today
9/29/2023
Dividend Payable
10/16/2023
Next Earnings (Confirmed)
10/18/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Diversified Banks
Sector
Finance
CUSIP
90297330
Employees
78,192
Year Founded
1836

Price Target and Rating

Average Stock Price Forecast
$46.67
High Stock Price Forecast
$62.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+40.6%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
22 Analysts

Profitability

Net Income
$5.83 billion
Pretax Margin
20.92%

Debt

Sales & Book Value

Annual Sales
$27.40 billion
Cash Flow
$5.16 per share
Book Value
$29.90 per share

Miscellaneous

Outstanding Shares
1,532,960,000
Free Float
1,529,286,000
Market Cap
$50.88 billion
Optionable
Optionable
Beta
0.98

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Key Executives

  • Mr. Andrew J. CecereMr. Andrew J. Cecere (Age 62)
    Chairman, Pres & CEO
    Comp: $6.16M
  • Mr. Terrance Robert DolanMr. Terrance Robert Dolan (Age 61)
    Chief Admin. Officer & Vice Chair
    Comp: $2.63M
  • Mr. Jeffry H. von Gillern (Age 57)
    Advisor
    Comp: $2.28M
  • Ms. Gunjan  KediaMs. Gunjan Kedia (Age 52)
    Vice Chairman of Wealth, Corp., Commercial & Institutional Banking
    Comp: $2.3M
  • Mr. Timothy A. WelshMr. Timothy A. Welsh (Age 57)
    Vice Chairman of Consumer & Bus. Banking
    Comp: $2.18M
  • Mr. John C. Stern (Age 44)
    Sr. Exec. VP & CFO
  • Mr. Souheil S. Badran (Age 58)
    Sr. EVP & COO
  • Ms. Jennifer Ann Thompson C.F.A.
    EVP, Head of Corp. Fin. and Director of Investor Relations & Economic Analysis
  • Mr. Dilip Venkatachari (Age 63)
    Sr. EVP and Chief Information & Technology Officer
  • Mr. James L. ChosyMr. James L. Chosy (Age 59)
    Sr. EVP, Corp. Sec. & Gen. Counsel













USB Stock - Frequently Asked Questions

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

22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for U.S. Bancorp in the last year. There are currently 12 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research 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 forecast for 2023?

22 Wall Street research analysts have issued 12-month price targets for U.S. Bancorp's shares. Their USB share price forecasts range from $30.00 to $62.00. On average, they anticipate the company's share price to reach $46.67 in the next twelve months. This suggests a possible upside of 40.6% 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 2023?

U.S. Bancorp's stock was trading at $43.61 at the beginning of the year. Since then, USB stock has decreased by 23.9% and is now trading at $33.19.
View the best growth stocks for 2023 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
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, October 18th at 10:00 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) issued its earnings results on Wednesday, July, 19th. The financial services provider reported $1.12 earnings per share for the quarter, missing the consensus estimate of $1.13 by $0.01. The financial services provider had revenue of $7.17 billion for the quarter, compared to analysts' expectations of $7.17 billion. U.S. Bancorp had a trailing twelve-month return on equity of 16.53% and a net margin of 16.59%. U.S. Bancorp's revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.09 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, September 12th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.48 per share on Monday, October 16th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 5.78%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for USB
.

Is U.S. Bancorp a good dividend stock?

U.S. Bancorp (NYSE:USB) pays an annual dividend of $1.92 per share and currently has a dividend yield of 5.90%. 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 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 53.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, USB will have a dividend payout ratio of 45.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for USB.

What guidance has U.S. Bancorp issued on next quarter's earnings?

U.S. Bancorp issued an update on its FY 2023 earnings guidance on Wednesday, September, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $28.00 billion-$29.00 billion, compared to the consensus revenue estimate of $28.38 billion.

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).

What is U.S. Bancorp's stock symbol?

U.S. Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "USB."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is U.S. Bancorp's stock price today?

One share of USB stock can currently be purchased for approximately $33.19.

How much money does U.S. Bancorp make?

U.S. Bancorp (NYSE:USB) has a market capitalization of $50.88 billion and generates $27.40 billion in revenue each year. The financial services provider earns $5.83 billion in net income (profit) each year or $3.61 on an earnings per share basis.

How many employees does U.S. Bancorp have?

The company employs 78,192 workers across the globe.

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.
Read More
How can I contact U.S. Bancorp?

U.S. Bancorp's mailing address is 800 NICOLLET MALL, MINNEAPOLIS MN, 55402. The official website for the company is www.usbank.com. The financial services provider can be reached via phone at (651) 466-3000, via email at investorrelations@usbank.com, or via fax at 612-303-0782.

This page (NYSE:USB) was last updated on 9/29/2023 by MarketBeat.com Staff

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