U.S. Bancorp (NYSE:USB) Issues Earnings Results, Beats Expectations By $0.09 EPS

U.S. Bancorp (NYSE:USB) issued its quarterly earnings results on Thursday. The financial services provider reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.09, FiscalAI reports. The firm had revenue of $8.04 billion for the quarter, compared to analyst estimates of $8 billion. U.S. Bancorp had a return on equity of 13.69% and a net margin of 18.49%.

U.S. Bancorp Trading Down 1.1%

Shares of USB opened at $56.29 on Thursday. The stock has a fifty day moving average price of $61.05 and a two-hundred day moving average price of $58.97. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.82 and a current ratio of 0.83. U.S. Bancorp has a 52-week low of $45.02 and a 52-week high of $66.07. The company has a market cap of $87.71 billion, a price-to-earnings ratio of 11.24, a PEG ratio of 1.06 and a beta of 1.00.

U.S. Bancorp Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on USB shares. Raymond James Financial decreased their price objective on U.S. Bancorp from $74.00 to $72.00 and set a “strong-buy” rating on the stock in a report on Tuesday, October 6th. Morgan Stanley upped their target price on U.S. Bancorp from $64.00 to $67.00 and gave the company an “equal weight” rating in a research note on Monday, June 29th. Weiss Ratings restated a “buy (b)” rating on shares of U.S. Bancorp in a research note on Friday, July 31st. Citigroup reaffirmed a “buy” rating on shares of U.S. Bancorp in a research report on Tuesday, September 22nd. Finally, UBS Group decreased their price target on shares of U.S. Bancorp from $66.00 to $64.00 and set a “neutral” rating on the stock in a research note on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $67.48.

Insiders Place Their Bets

In other news, insider Stephen L. Philipson sold 36,906 shares of the firm’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $63.08, for a total value of $2,328,030.48. Following the completion of the sale, 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 sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Gunjan Kedia sold 27,267 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $62.37, for a total value of $1,700,642.79. Following the completion of the sale, the chief executive officer owned 426,262 shares of the company’s stock, valued at approximately $26,585,960.94. This trade represents a 6.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.21% of the stock is currently owned by insiders.

Key Headlines Impacting U.S. Bancorp

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

About U.S. Bancorp

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.