US Bancorp (USB)
Fair ValueFundamental
67
Price
$59.58
Market Cap
$92.00B
Part 1 · What the company is worth
Overview
U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. The company operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments. It offers depository services, including checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products and credit card services, lease financing and import/export trade, agricultural finance, asset-backed lending, and other products. The company also provides cash management, capital markets, and trust and investment management services; and ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers. In addition, it offers asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations; and investment and insurance products to its customers principally within its domestic markets, as well as fund administration services to mutual and other funds. Further, the company provides corporate and purchasing card, and corporate trust services; and credit card services, merchant and ATM processing, mortgage banking, insurance, brokerage and leasing services. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.
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Direct competitors
Who this company fights with for the same customers
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No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$29.58B
Trailing 12 months (through 6/30/2026)
Net Income
$8.17B
Trailing 12 months (through 6/30/2026)
Free Cash Flow
-
Total Equity
$65.19B
Total Liabilities
$626.69B
Current Ratio
-
Interest Coverage
0.60
Debt/EBITDA
-
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$56.40
Current Price
$59.58
Margin of Safety
-5.6%
Fair Value Range
$46.46 - $66.35
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
11.89
ROE
11.6%
P/B Ratio
1.38
P/FCF
-
Gross Margin
-
ROIC
-
Profitability Radar
Value Creation (Economic Moat)
ROIC
-
WACC
12.0%
ROIC − WACC
-
Fundamental Analysis Criteria
Passed (12)
- EPS shows upward trend
- P/B ratio 1.38
- Operating margin 34.5%
- Low reliance on intangibles
- Price below Graham Number
- ROE 12.6%
- Earnings surprise, average 2.9%
- PEG ratio 1.36
- Earnings quality (operating cash flow / net income) 1.53
- Share dilution -1.4%
- Net margin trend 27.6% vs 24.9%
- Piotroski F-Score 7/9
Failed (7)
- EPS CAGR 3.66%
- Price CAGR 0.91%
- Debt/equity ratio
- Interest coverage
- Return on tangible assets
- DCF valuation (Unknown)
- Revenue growth 5Y 4.6%
Unavailable (8)
- ROIC –
- Gross margin –
- P/FCF –
- Dividend payout –
- Positive free cash flow
- CapEx intensity
- Current ratio
- Debt/EBITDA
Piotroski F-Score
Strong financial health
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Ms. Gunjan Kedia | President, CEO & Chairman | 54 |
| Mr. John C. Stern | Vice Chair & Chief Financial Officer | 46 |
| Mr. Elcio R. T. Barcelos | Senior EVP & Chief Human Resources Officer | 54 |
| Mr. Stephen L. Philipson | Vice Chair & Head of Wealth, Corporate, Commercial and Institutional Banking | 45 |
| Ms. Jodi L. Richard | Vice Chair & Chief Risk Officer | 56 |
| Mr. Toby Clements | Senior EVP & Chief Operations Officer | - |
| Mr. Alan Flanagan | Head of Global Investment Services | - |
| Ms. Jennifer Ann Thompson C.F.A. | EVP & Head of Corporate Finance | - |
| Mr. Dilip Venkatachari | Senior EVP and Chief Information & Technology Officer | 65 |
| Mr. Adam C. Graves | Senior EVP and Head of Enterprise Strategy & Administration | 46 |
Audit Risk
7
Board Risk
7
Compensation Risk
2
Shareholder Rights Risk
7
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-23
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-08-06
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-10-15
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much USB moves, measured on its daily prices.
More volatile than 8% of the tracked stocks (90-day volatility).
- Volatility 30d
- 22.2%
- Volatility 90d
- 20.5%
- Beta vs S&P 500 (1y)
- 0.63Correlation 0.36
- Max drawdown (12m)
- -16.2%
- ATR (14d, % of price)
- 1.93%
Earnings reactions
How USB moved around its past quarterly results.
Next earnings release
No upcoming release on the calendar.
What usually happens
- Over the last 12 releases the stock moved a median of 1.9% the next day, up or down.
- Next-day moves: up 4, down 8 (out of 12).
- Of the 5 releases that beat estimates, the stock fell the next day after 3.
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Oct 15, 2026 | Before the open | 1.33 | 1.34 | +0.9% | -0.2% | +2.0% | +5.0% |
| Jul 16, 2026 | Before the open | 1.29 | 1.35 | +4.7% | 0.0% | +1.6% | +2.3% |
| Apr 16, 2026 | Before the open | 1.16 | 1.18 | +2.1% | -1.1% | -1.6% | +0.4% |
| Jan 20, 2026 | Before the open | 1.20 | 1.26 | +4.9% | -1.0% | 0.0% | +2.6% |
| Oct 16, 2025 | Before the open | 1.14 | 1.22 | +7.4% | +1.7% | -1.7% | +1.9% |
| Jul 17, 2025 | Before the open | n/a | n/a | n/a | -3.3% | -1.0% | +1.3% |
| Apr 16, 2025 | Before the open | n/a | n/a | n/a | -1.1% | -2.1% | +2.3% |
| Jan 16, 2025 | Before the open | n/a | n/a | n/a | -5.9% | -5.6% | -4.9% |
| Oct 16, 2024 | Before the open | n/a | n/a | n/a | +3.7% | +4.7% | +2.2% |
| Jul 17, 2024 | Before the open | n/a | n/a | n/a | +1.6% | +4.6% | +5.2% |
| Apr 17, 2024 | Before the open | n/a | n/a | n/a | -3.7% | -3.6% | -0.1% |
| Jan 17, 2024 | Before the open | n/a | n/a | n/a | -0.1% | -1.4% | +1.4% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on USB and what the price did next.
- 6/1/2026PositiveU.S. Bancorp Vice Chair, BTIG CEO on Benefits of Combining
- +1 day
- +1.8%
- +3 days
- +3.8%
- 4/16/2026NegativeWhat's Going On With U.S. Bancorp Stock Thursday?
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for USB.
- 9d agoNEUTRALU.S. Bancorp: gli utili trimestrali superano le attese, deludono i ricavi
U.S. Bancorp's third-quarter earnings per share (EPS) came in at $1.34, surpassing analyst expectations. However, the banking group's quarterly revenue fell short of forecasts, leading to a mixed financial report. The stock saw a modest uptick of 1.48% in early trading. Investors will be closely watching management's commentary on revenue drivers and future outlook to gauge the sustainability of earnings growth amidst revenue challenges.
- 6/1/2026POSITIVEU.S. Bancorp Vice Chair, BTIG CEO on Benefits of Combining
U.S. Bancorp has successfully completed its acquisition of BTIG, a move discussed by U.S. Bancorp Vice Chair Stephen Philipson and BTIG CEO Anton LeRoy. The integration is expected to yield significant benefits, although specific financial projections were not detailed. This strategic acquisition aims to enhance U.S. Bancorp's market position and service offerings, potentially leading to increased revenue streams and operational synergies. Investors will be watching for the tangible impacts on the company's financial performance in the coming quarters.
- 4/16/2026NEGATIVEWhat's Going On With U.S. Bancorp Stock Thursday?
U.S. Bancorp's stock experienced a decline on Thursday, even though the company reported an earnings beat. While strong revenue and margin momentum were present, the positive impact was overshadowed by an increase in credit costs. This suggests that despite operational strengths, the bank is facing headwinds from potential loan defaults or increased provisions for losses, which is concerning investors about future profitability and asset quality.