U.S. Bancorp (NYSE:USB) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

U.S. Bancorp (NYSE:USB) announced its earnings results on Thursday. The financial services provider reported $1.34 EPS for the quarter, beating the consensus estimate of $1.32 by $0.02, Zacks reports. U.S. Bancorp had a net margin of 18.49% and a return on equity of 13.69%. The company had revenue of $8.04 billion during the quarter, compared to the consensus estimate of $8 billion. During the same quarter in the prior year, the company posted $1.22 earnings per share. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis.

U.S. Bancorp Trading Down 1.1%

Shares of U.S. Bancorp stock opened at $56.29 on Thursday. The stock has a market capitalization of $87.71 billion, a P/E ratio of 11.24, a P/E/G ratio of 1.06 and a beta of 1.00. U.S. Bancorp has a 52-week low of $45.02 and a 52-week high of $66.07. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.82 and a current ratio of 0.83. The stock’s 50-day simple moving average is $61.05 and its 200 day simple moving average is $58.97.

U.S. Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Wednesday, September 30th. This is a positive change from U.S. Bancorp’s previous quarterly dividend of $0.52. U.S. Bancorp’s dividend payout ratio is currently 43.11%.

Insider Transactions at U.S. Bancorp

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

Key U.S. Bancorp News

Here are the key news stories impacting U.S. Bancorp this week:

• Positive Sentiment: Third-quarter earnings exceeded expectations. U.S. Bancorp reported GAAP diluted EPS of $1.34, up from $1.22 a year earlier, while adjusted EPS was reported at $1.41 versus the $1.32 consensus estimate. Net income rose 10% year over year to $2.21 billion. U.S. Bancorp Reports Third-Quarter 2026 Revenue
• Positive Sentiment: Revenue growth and expense control were constructive. Third-quarter net revenue increased 8.7% year over year to $7.97 billion, supported by 13.1% growth in noninterest income and a 69.3% increase in capital-markets revenue. Noninterest expense grew more slowly, helping offset pressure from the revenue miss. Average loans increased 8.0%, and the 10.8% Basel III standardized common-equity Tier 1 ratio indicates solid capital levels. U.S. Bancorp Q3 Earnings Beat
• Neutral Sentiment: Full-year revenue guidance was broadly in line. U.S. Bancorp forecast FY 2026 revenue of $31.0 billion to $31.3 billion, bracketing the $31.1 billion analyst consensus. The outlook does not provide a clear upward revision catalyst.
• Negative Sentiment: Credit costs and the revenue miss may be weighing on shares. Revenue fell slightly short of some estimates, while provision for credit losses climbed to $654 million from $571 million a year earlier. The stock was also facing technical pressure before earnings, trading below its 50-day moving average. Broader scrutiny of major banks’ reputation-risk and “debanking” policies adds a regulatory overhang for the sector. Treasury Banking Review

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. reduced their target price on U.S. Bancorp from $69.00 to $65.00 and set a “neutral” rating for the company in a report on Friday, October 2nd. Citigroup reissued a “buy” rating on shares of U.S. Bancorp in a research report on Tuesday, September 22nd. Barclays upped their price objective on U.S. Bancorp from $67.00 to $75.00 and gave the company an “overweight” rating in a research note on Friday, July 17th. Evercore raised U.S. Bancorp from an “in-line” rating to an “outperform” rating and set a $72.00 target price for the company in a research report on Monday, July 20th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $68.00 target price on shares of U.S. Bancorp in a research report on Monday, August 24th. One 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. Based on data from MarketBeat, U.S. Bancorp currently has a consensus rating of “Moderate Buy” and an average target price of $67.48.

U.S. Bancorp Company Profile

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.