U.S. Bancorp (USB) AI Stock Analysis

U.S. Bancorp is a financial services holding company based in Minneapolis, Minnesota, serving individuals, businesses, institutions, governmental entities, and financial institutions across the United States. It operates across several segments: Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support. Corporate offerings include depository accounts, credit products, capital markets, treasury management, and lock-box collection. Its consumer unit delivers credit cards, lease financing, asset-backed lending, agricultural finance, and international trade services, while wealth management provides fiduciary services, asset management, insurance, and fund administration.

U.S. Bancorp generated $42.86B in revenue in FY2025, up 0.3% from $42.71B in FY2024, following a 5-year revenue CAGR of 11.2% from FY2020. Operating margin improved to 22.2% in FY2025 from 18.5% in FY2024, and net income grew to $7.58B with a net margin of 17.7% and EPS of $4.62. In FY2023, revenue stood at $40.62B with net income of $5.43B. Over the trailing twelve months, revenue reached $27.89B with an operating margin of 40.1% and EPS of $5.14. For the latest quarter ended September 30, 2026, quarterly revenue grew 8.4% year-over-year while quarterly earnings expanded 10.2%.

As of September 30, 2026, U.S. Bancorp held $202.67B in cash and short-term investments against total debt of $73.04B, resulting in net cash of $129.63B. Shareholders' equity was $66.42B and total assets stood at $702.97B, with a debt-to-equity ratio of 1.10 and a current ratio of 0.37. In FY2025, the bank generated operating cash flow and free cash flow of $7.97B. Capital allocation in FY2025 included $489.0M deployed toward share buybacks alongside $3.50B paid in dividends, while share count rose 5.1% over five years.

U.S. Bancorp trades at a trailing P/E of 11.4x and a forward P/E of 10.4x, compared to the median of its S&P 500 Financial Services peers of 14.2x trailing and 12.6x forward earnings. Its price-to-sales multiple is 3.3x, slightly above the peer median of 3.1x, while its price-to-book ratio is 1.5x. With a market cap of $91.50B, the stock gained 33.6% over the past year, outperforming the S&P 500 (SPY) return of 16.8%, but its 5-year return of 21.5% lagged the index return of 83.0%.

U.S. Bancorp pays a quarterly dividend with an annualized forward payout of $2.16 per share, yielding 3.68%. The payout ratio is 33.1%, supported by a 5-year annualized dividend growth rate of 4.0%. The company has maintained an uninterrupted dividend track record with 43 consecutive years paid, and its last ex-dividend date was September 30, 2026.

Wall Street sentiment reflects 13 Strong Buy, 3 Buy, and 8 Hold ratings, with 0 Sell or Strong Sell recommendations. The mean price target of $68.50 implies a 16.6% upside from the last close of $58.73. For the fiscal year ending December 31, 2026, analysts estimate EPS of $5.28 (up 14.2%) on revenue of $31.07B, rising to $5.84 EPS and $33.34B revenue in the next fiscal year. The company beat EPS estimates in each of the last 4 quarters, with next earnings scheduled for January 19, 2027.

This page is an AI-written research summary of U.S. Bancorp (USB). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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