About U.S. Bancorp (NYSE:USB)
U.S. Bancorp, a financial services holding company, provides various financial services in the United States. The company operates through five segments: Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support. It offers depository services, including checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, as well as credit card services, leasing financing, import/export trade, asset-backed lending, agricultural finance, and other products. The company also provides ancillary services, such as capital markets, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, it offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as cash and investment management, ATM processing, mortgage banking, and brokerage and leasing services. The company offers its products and services through operating a network of 3,067 banking offices principally operating in the Midwest and West regions of the United States, and through online services and over mobile devices, as well as operates a network of 4,771 ATMs. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.
Industry, Sector and Symbol
Industry National commercial banks
Trailing P/E Ratio15.02
Forward P/E Ratio12.75
Sales & Book Value
Annual Sales$24.00 billion
Price / Sales3.52
Cash Flow$3.9462 per share
Price / Cash13.02
Book Value$26.72 per share
Price / Book1.92
EPS (Most Recent Fiscal Year)$3.42
Net Income$6.22 billion
Return on Equity14.20%
Return on Assets1.36%
U.S. Bancorp (NYSE:USB) Frequently Asked Questions
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 often does U.S. Bancorp pay dividends? What is the dividend yield for U.S. Bancorp?
U.S. Bancorp announced a quarterly dividend on Monday, March 19th. Shareholders of record on Thursday, March 29th will be given a dividend of $0.30 per share on Monday, April 16th. This represents a $1.20 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date is Wednesday, March 28th. View U.S. Bancorp's Dividend History.
How will U.S. Bancorp's stock buyback program work?
U.S. Bancorp announced that its board has authorized a share buyback program on Thursday, June 29th 2017, which authorizes the company to buyback $2,600,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 3% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.
How were U.S. Bancorp's earnings last quarter?
U.S. Bancorp (NYSE:USB) announced its earnings results on Wednesday, April, 18th. The financial services provider reported $0.95 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.94 by $0.01. The financial services provider had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.53 billion. U.S. Bancorp had a net margin of 26.39% and a return on equity of 14.20%. U.S. Bancorp's quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.82 EPS. View U.S. Bancorp's Earnings History.
When is U.S. Bancorp's next earnings date?
What price target have analysts set for USB?
21 brokerages have issued twelve-month price targets for U.S. Bancorp's stock. Their predictions range from $48.00 to $65.00. On average, they expect U.S. Bancorp's share price to reach $58.0789 in the next twelve months. View Analyst Ratings for U.S. Bancorp.
What are Wall Street analysts saying about U.S. Bancorp stock?
Here are some recent quotes from research analysts about U.S. Bancorp stock:
- 1. According to Zacks Investment Research, "Shares of U.S. Bancorp have underperformed the industry over the past six months. However, the company boasts an impressive earnings surprise history. It has surpassed the Zacks Consensus Estimate for earnings in three out of the trailing four quarters. The company’s fourth-quarter 2017 earnings were aided by easing margin pressure on rising rates. Elevated average loans and deposit balances reflected organic growth. U.S. Bancorp's prospects will likely get support from its solid business model, core franchise, lower tax rate and diverse revenue streams. Also, the company’s organic growth remains solid and is likely to benefit from the improving economic scenario. However, escalating expenses and litigations remain key concerns. Additionally, stretched valuation underlines limited upside potential." (2/13/2018)
- 2. Vining Sparks analysts commented, "We believe USB’s current stock price, which reflects a 14.2x price-to-earnings multiple on our 2018E estimate, incorporates much of the expected 19% earnings per share growth that we expect USB to produce in 2018E. Thus, we believe USB’s stock price should only appreciate another 6% with around a 2% dividend yield over the next year." (1/25/2018)
- 3. Argus analysts commented, "Our upgrade reflects greater confidence in the margin expansion story from higher interest rates and expectations for continued good loan growth in the company's service territory," (7/20/2017)
Who are some of U.S. Bancorp's key competitors?
Some companies that are related to U.S. Bancorp include Bank of America (BAC), Wells Fargo & Co (WFC), Citigroup (C), Industrial & Cmrcl Bnk f China (IDCBY), PNC Financial Services Group (PNC), UBS Group (UBS), National Australia Bank (NABZY), DBS Grp HOLDING/S (DBSDY), Capital One Financial (COF), Intesa Sanpaolo (ISNPY), Mizuho Financial Group (MFG), BB&T (BBT), SunTrust Banks (STI), DANSKE Bk A/S/S (DNKEY) and Standard Chartered (SCBFF).
Who are U.S. Bancorp's key executives?
U.S. Bancorp's management team includes the folowing people:
- Mr. Richard K. Davis, Exec. Chairman (Age 60)
- Mr. Andrew J. Cecere, Pres, CEO & Director (Age 57)
- Mr. Terrance R. Dolan, Vice Chairman & CFO (Age 56)
- Mr. Jeffry H. von Gillern, Vice Chairman of Technology & Operations Services (Age 52)
- Mr. P. W. Parker, Vice Chairman & Chief Risk Officer (Age 61)
Has U.S. Bancorp been receiving favorable news coverage?
Press coverage about USB stock has trended positive this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. U.S. Bancorp earned a coverage optimism score of 0.45 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 43.64 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are U.S. Bancorp's major shareholders?
U.S. Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.66%), Massachusetts Financial Services Co. MA (2.48%), Wells Fargo & Company MN (1.35%), Northern Trust Corp (1.20%), JPMorgan Chase & Co. (0.88%) and US Bancorp DE (0.83%). Company insiders that own U.S. Bancorp stock include Andrew Cecere, Arthur D Collins, Jr, Craig D Schnuck, Craig E Gifford, David B Omaley, Gillern Jeffry H Von, Jennie P Carlson, John R Elmore, Kent V Stone, Leslie V Godridge, Olivia F Kirtley, PW Parker, Richard K Davis and Terrance R Dolan. View Institutional Ownership Trends for U.S. Bancorp.
Which institutional investors are selling U.S. Bancorp stock?
USB stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Wells Fargo & Company MN, Eaton Vance Management, Neuberger Berman Group LLC, Northern Trust Corp, Legal & General Group Plc, State of Tennessee Treasury Department and Prudential Financial Inc.. Company insiders that have sold U.S. Bancorp company stock in the last year include Craig E Gifford, David B Omaley, Gillern Jeffry H Von and PW Parker. View Insider Buying and Selling for U.S. Bancorp.
Which institutional investors are buying U.S. Bancorp stock?
USB stock was bought by a variety of institutional investors in the last quarter, including OMERS ADMINISTRATION Corp, Ceredex Value Advisors LLC, BlackRock Inc., Alecta Pensionsforsakring Omsesidigt, Natixis, Haverford Trust Co., Maltese Capital Management LLC and American Century Companies Inc.. View Insider Buying and Selling for U.S. Bancorp.
How do I buy shares of U.S. Bancorp?
Shares of USB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is U.S. Bancorp's stock price today?
One share of USB stock can currently be purchased for approximately $51.38.
How big of a company is U.S. Bancorp?
U.S. Bancorp has a market capitalization of $84.39 billion and generates $24.00 billion in revenue each year. The financial services provider earns $6.22 billion in net income (profit) each year or $3.42 on an earnings per share basis. U.S. Bancorp employs 72,402 workers across the globe.
How can I contact U.S. Bancorp?
U.S. Bancorp's mailing address is 800 NICOLLET MALL, MINNEAPOLIS MN, 55402. The financial services provider can be reached via phone at 651-466-3000 or via email at [email protected]
MarketBeat Community Rating for U.S. Bancorp (USB)MarketBeat's community ratings are surveys of what our community members think about U.S. Bancorp and other stocks. Vote "Outperform" if you believe USB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe USB will underperform the S&P 500 over the long term. You may vote once every thirty days.