U.S. Bancorp (NYSE:USB) Releases Earnings Results, Beats Estimates By $0.07 EPS

U.S. Bancorp (NYSE:USB) announced its quarterly earnings data on Thursday. The financial services provider reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.07, Zacks reports. U.S. Bancorp had a return on equity of 13.55% and a net margin of 18.01%.

U.S. Bancorp Price Performance

USB stock opened at $63.04 on Thursday. The firm’s 50-day moving average price is $57.56 and its two-hundred day moving average price is $55.96. U.S. Bancorp has a 12-month low of $43.46 and a 12-month high of $63.39. The stock has a market capitalization of $97.78 billion, a price-to-earnings ratio of 13.22, a PEG ratio of 1.07 and a beta of 0.96. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.03.

U.S. Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 30th. U.S. Bancorp’s dividend payout ratio (DPR) is 43.61%.

U.S. Bancorp News Roundup

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

• Positive Sentiment: U.S. Bancorp reported Q2 earnings per share of $1.35, beating Wall Street estimates by $0.07 and reinforcing that profitability remains solid. Press Release
• Positive Sentiment: The bank posted record quarterly revenue, helped by strong loan growth, broad fee income momentum, and an added boost from its recent BTIG acquisition, suggesting healthier top-line trends. WSJ Article
• Positive Sentiment: Management also raised FY2026 revenue guidance to $30.7 billion-$31.3 billion, signaling confidence in continued business momentum. Slide Deck
• Neutral Sentiment: Pre-earnings coverage had already pointed to expectations for stronger loan growth and fee income, so some of the upside may have been anticipated by investors. Zacks Preview
• Neutral Sentiment: One separate note highlighted a $2.4 billion advisory team leaving U.S. Bank for LPL Financial, but the impact on the broader stock appears limited for now. Yahoo Finance Article

Insider Transactions at U.S. Bancorp

In other news, insider Jodi L. Richard sold 40,000 shares of the stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $57.00, for a total transaction of $2,280,000.00. Following the completion of the sale, the insider directly owned 207,251 shares in the company, valued at approximately $11,813,307. This represents a 16.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Venkatachari Dilip sold 34,522 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $55.52, for a total value of $1,916,661.44. Following the completion of the sale, the executive vice president directly owned 51,292 shares in the company, valued at $2,847,731.84. The trade was a 40.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On U.S. Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the business. Richmond Investment Services LLC grew its stake in U.S. Bancorp by 1.9% during the 4th quarter. Richmond Investment Services LLC now owns 10,107 shares of the financial services provider’s stock worth $539,000 after buying an additional 192 shares during the last quarter. Quadrant Capital Group LLC lifted its stake in U.S. Bancorp by 0.3% in the fourth quarter. Quadrant Capital Group LLC now owns 66,588 shares of the financial services provider’s stock valued at $3,553,000 after buying an additional 210 shares during the last quarter. Rossby Financial LCC boosted its holdings in shares of U.S. Bancorp by 57.8% in the fourth quarter. Rossby Financial LCC now owns 579 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 212 shares during the period. Diversify Advisory Services LLC boosted its holdings in shares of U.S. Bancorp by 4.5% in the third quarter. Diversify Advisory Services LLC now owns 5,339 shares of the financial services provider’s stock valued at $249,000 after acquiring an additional 232 shares during the period. Finally, Coastal Bridge Advisors LLC grew its position in shares of U.S. Bancorp by 3.0% during the fourth quarter. Coastal Bridge Advisors LLC now owns 8,196 shares of the financial services provider’s stock worth $437,000 after acquiring an additional 240 shares during the last quarter. Institutional investors own 77.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Wells Fargo & Company increased their price target on shares of U.S. Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Wall Street Zen raised shares of U.S. Bancorp from a “sell” rating to a “hold” rating in a research note on Monday, July 6th. Truist Financial increased their target price on shares of U.S. Bancorp from $62.00 to $66.00 and gave the company a “buy” rating in a report on Friday, June 26th. Royal Bank Of Canada boosted their price target on shares of U.S. Bancorp from $59.00 to $61.00 and gave the stock an “outperform” rating in a research note on Friday, April 17th. Finally, UBS Group raised their price objective on U.S. Bancorp from $58.00 to $66.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $64.31.

U.S. Bancorp Company Profile

U.S. Bancorp (NYSE: USB) is a bank holding company and the parent of U.S. Bank, a national commercial bank that provides a wide range of banking, investment, mortgage, trust and payment services. The company operates through consumer and business banking, commercial banking, payment services, and wealth management segments. Its product set includes deposit accounts, consumer and commercial lending, mortgage origination and servicing, credit and debit card services, treasury and cash management, merchant processing, and institutional and trust services.

Headquartered in Minneapolis, Minnesota, U.S.