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[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Fed is set to leave interest rates unchanged while facing speculation about eventual rate cuts
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Freshworks gets juiced on its AI customer engagement platform
The Battery Metal Nobody Told You About (Ad)
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
3 tech outperformers adored by analysts
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
High short interest stocks: this popular trend is re-emerging
Boeing glides past series of setbacks on new flight path
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Fed is set to leave interest rates unchanged while facing speculation about eventual rate cuts
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Freshworks gets juiced on its AI customer engagement platform
The Battery Metal Nobody Told You About (Ad)
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
3 tech outperformers adored by analysts
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
High short interest stocks: this popular trend is re-emerging
Boeing glides past series of setbacks on new flight path
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Fed is set to leave interest rates unchanged while facing speculation about eventual rate cuts
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Freshworks gets juiced on its AI customer engagement platform
The Battery Metal Nobody Told You About (Ad)
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
3 tech outperformers adored by analysts
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
High short interest stocks: this popular trend is re-emerging
Boeing glides past series of setbacks on new flight path
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Fed is set to leave interest rates unchanged while facing speculation about eventual rate cuts
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it

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

$40.43
+0.70 (+1.76%)
(As of 12/8/2023 08:58 PM ET)
Compare
Today's Range
$39.60
$40.60
50-Day Range
$30.64
$40.45
52-Week Range
$27.27
$49.95
Volume
9.49 million shs
Average Volume
13.45 million shs
Market Capitalization
$62.95 billion
P/E Ratio
12.03
Dividend Yield
4.75%
Price Target
$46.19

U.S. Bancorp MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.52 Rating Score
Upside/​Downside
14.2% Upside
$46.19 Price Target
Short Interest
Healthy
1.85% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.40
Upright™ Environmental Score
News Sentiment
0.52mentions of U.S. Bancorp in the last 14 days
Based on 18 Articles This Week
Insider Trading
Acquiring Shares
$2,948 Bought Last Quarter
Proj. Earnings Growth
-8.56%
From $4.32 to $3.95 Per Share

Overall MarketRank

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

3.13 out of 5 stars

Financial Services Sector

1st out of 61 stocks

Banks - Regional Industry

1st out of 22 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

Piper Sandler Keeps Their Buy Rating on US Bancorp (USB)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Analysts Set U.S. Bancorp (NYSE:USB) Price Target at $46.00
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
U.S. Bank Opens First LGBTQ+ Flagship Branch in Arizona
Lenovo Recalls USB-C Laptop Power Banks
See More Headlines
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Company Calendar

Ex-Dividend for 10/16 Dividend
9/28/2023
Dividend Payable
10/16/2023
Last Earnings
10/18/2023
Today
12/11/2023
Fiscal Year End
12/31/2023
Next Earnings (Confirmed)
1/17/2024

Industry, Sector and Symbol

Industry
Banks - Regional
Sub-Industry
Diversified Banks
CUSIP
90297330
Employees
75,000
Year Founded
1836

Price Target and Rating

Average Stock Price Target
$46.19
High Stock Price Target
$63.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+14.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.52
Research Coverage
21 Analysts

Profitability

Net Income
$5.83 billion
Pretax Margin
18.21%

Debt

Sales & Book Value

Annual Sales
$27.40 billion
Cash Flow
$5.15 per share
Book Value
$29.90 per share

Miscellaneous

Outstanding Shares
1,557,010,000
Free Float
1,553,275,000
Market Cap
$62.95 billion
Optionable
Optionable
Beta
1.07

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of U.S. Bancorp was last updated on Monday, November 27, 2023 at 10:20 AM.

Pros

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

  • U.S. Bancorp is a well-established financial services holding company with a long history dating back to 1863.
  • They provide a wide range of financial services to individuals, businesses, institutional organizations, government entities, and other financial institutions.
  • U.S. Bancorp has a strong presence in the banking industry and offers various banking services such as commercial banking, consumer banking, and mortgage banking.
  • They also provide insurance and brokerage services, which can diversify their revenue streams and potentially increase profitability.
  • U.S. Bancorp is headquartered in Minneapolis, Minnesota, which is known for its strong economy and business-friendly environment.

Cons

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

  • As with any investment, there are risks involved in investing in U.S. Bancorp. It is important for investors to carefully assess these risks before making any investment decisions.














USB Stock Analysis - Frequently Asked Questions

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

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for U.S. Bancorp in the last twelve months. There are currently 10 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" USB shares.
View USB analyst ratings
or view top-rated stocks.

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

21 Wall Street research analysts have issued twelve-month price objectives for U.S. Bancorp's stock. Their USB share price targets range from $30.00 to $63.00. On average, they expect the company's stock price to reach $46.19 in the next twelve months. This suggests a possible upside of 14.2% 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 2023. Since then, USB stock has decreased by 7.3% and is now trading at $40.43.
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, January 17th 2024.
View our USB earnings forecast
.

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

U.S. Bancorp (NYSE:USB) issued its quarterly earnings data on Wednesday, October, 18th. The financial services provider reported $1.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.96 by $0.09. The financial services provider had revenue of $7.03 billion for the quarter, compared to analysts' expectations of $7.02 billion. U.S. Bancorp had a net margin of 14.39% and a trailing twelve-month return on equity of 15.80%. The company's revenue for the quarter was up 11.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.18 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 announced a quarterly dividend on Tuesday, September 12th. Stockholders of record on Friday, September 29th will be given 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 4.75%. 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 4.83%. 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 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 57.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, USB will have a dividend payout ratio of 48.61% 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 fourth quarter 2023 earnings guidance on Wednesday, October, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $6.80 billion-$6.90 billion, compared to the consensus revenue estimate of $6.95 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).

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

U.S. Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include Mufg Bank LTD. (4.39%), FMR LLC (2.41%), Charles Schwab Investment Management Inc. (2.00%), Aristotle Capital Management LLC (1.51%), Royal Bank of Canada (1.30%) and Northern Trust Corp (1.24%). Insiders that own company stock include Alan B Colberg, Andrew Cecere, Gillern Jeffry H Von, Gunjan Kedia, James B Kelligrew, Katherine B Quinn, Lisa R Stark, Mark G Runkel, Richard P Mckenney, Scott W Wine, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/11/2023 by MarketBeat.com Staff

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