US Bancorp
USB

$45.46

0.8%

Market Cap: 70.9B

About: As a diversified financial-services provider, U.S. Bancorp is one of the nation's largest regional banks, with branches in roughly 26 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.

Employees: 75,465

Financials National Commercial Banks

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 26 analysts

0

News positive %

of 34 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

2% more capital invested

Capital invested by funds: $52.5B [Q4 2023] → $53.8B (+$1.28B) [Q1 2024]

0.53% less ownership

Funds ownership: 77.88% [Q4 2023] → 77.35% (-0.53%) [Q1 2024]

6% less repeat investments, than reductions

Existing positions increased: 627 | Existing positions reduced: 669

1% less funds holding

Funds holding: 1,664 [Q4 2023] → 1,645 (-19) [Q1 2024]

10% less funds holding in top 10

Funds holding in top 10: 39 [Q4 2023] → 35 (-4) [Q1 2024]

13% less first-time investments, than exits

New positions opened: 127 | Existing positions closed: 146

17% less call options, than puts

Call options by funds: $568M | Put options by funds: $684M

See Fund Rankings

Research analyst outlook

26 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$42

8%

downside

Avg. target

$48

6%

upside

High target

$61

34%

upside

26 analyst ratings

12 positive

46%

14 neutral

54%

0 negative

0%

Wells Fargo Mike Mayo	14%upside $52	Overweight Maintained	18 Jul 2024
Citigroup Keith Horowitz	8%upside $49	Neutral Maintained	18 Jul 2024
UBS Erika Najarian	1%upside $46	Neutral Maintained	18 Jul 2024
Goldman Sachs Richard Ramsden	3%upside $47	Neutral Maintained	18 Jul 2024
RBC Capital Gerard Cassidy	6%upside $48	Outperform Maintained	18 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 34 articles about USB published over the past 30 days

2 Great Preferred Stocks, +7% Yield, For A Safer Retirement

We discuss three essential criteria for steady passive income from investments. My investment strategy seeks regular and recurring income from lower-risk preferred securities. With fixed income, I am using the interest rate uncertainties to my advantage.

2 Great Preferred Stocks, +7% Yield, For A Safer Retirement

U.S. Bancorp: Get Out Before The Fed Pivot

U.S. Bancorp beat Q2 earnings estimates, and revenues also exceeded expectations. However, the lender's NII declined 8.9% year over year. The lender has good balance sheet quality and credit metrics, but it faces risks of cyclically declining net interest income due to the Fed's upcoming rate pivot. Shares of USB are fully valued at a 41% premium to book value, with limited upside potential and an unappealing risk profile for long-term investors.

U.S. Bancorp: Get Out Before The Fed Pivot

Zacks Investment Research

U.S. Bancorp (USB) Upgraded to Buy: Here's What You Should Know

U.S. Bancorp (USB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

U.S. Bancorp (USB) Upgraded to Buy: Here's What You Should Know

10 Dividend Stocks for Midyear

These dividend stocks to buy offer attractive yields at cheap prices.

10 Dividend Stocks for Midyear

The Global Market for Wireless USB (WUSB) Devices 2024-2030 - Rising Levels of Remote Work Spurs Demand for Clutter-Free Home Office Setups

Dublin, July 22, 2024 (GLOBE NEWSWIRE) -- The "Wireless USB (WUSB) Devices - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Wireless USB (WUSB) Devices is estimated at 18 million devices in 2023 and is projected to reach 38 million devices by 2030, growing at a CAGR of 11% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The Global Market for Wireless USB (WUSB) Devices 2024-2030 - Rising Levels of Remote Work Spurs Demand for Clutter-Free Home Office Setups

U.S. Bancorp Stock Pops on Q2 Earnings Beat

U.S. Bancorp (USB) shares surged in intraday trading Wednesday after the bank holding company's second-quarter results beat analysts' expectations on the top and bottom lines.

U.S. Bancorp Stock Pops on Q2 Earnings Beat

US Bancorp: Credit Card Volumes Surge, Loan Delinquencies Stabilize

Bank earnings continue to show credit remains a key payments choice. U.S. Bancorp's earnings, released Wednesday (July 17) indicated that within the company's payment services segment, credit card payment volumes came in at $36.5 billion, up 4.6% year on year.

US Bancorp: Credit Card Volumes Surge, Loan Delinquencies Stabilize

Zacks Investment Research

U.S. Bancorp's (USB) Q2 Earnings Beat on Lower Expenses

U.S. Bancorp's (USB) second quarter 2024 results are aided by lower expenses and higher deposits. Yet, a decline in NII is a concern.

U.S. Bancorp's (USB) Q2 Earnings Beat on Lower Expenses

U.S. Bancorp (USB) Q2 2024 Earnings Call Transcript

U.S. Bancorp (NYSE:USB ) Q2 2024 Earnings Conference Call July 17, 2024 8:00 AM ET Company Participants George Andersen - SVP & Director, IR Andrew Cecere - Chairman & CEO John Stern - SEVP & CFO Conference Call Participants Scott Siefers - Piper Sandler Ebrahim Poonawala - Bank of America Betsy Graseck - Morgan Stanley Erika Najarian - UBS Ken Usdin - Jefferies Mike Mayo - Wells Fargo Gerard Cassidy - RBC Capital Markets Matt O'Connor - Deutsche Bank Vivek Juneja - JPMorgan John Pancari - Evercore ISI Chris Kotowski - Oppenheimer Saul Martinez - HSBC Operator Welcome to the U.S. Bancorp Second Quarter 2024 Earnings Conference Call. Following a review of the results, there will be a formal question-and-answer session.

U.S. Bancorp (USB) Q2 2024 Earnings Call Transcript

U.S. Bancorp, Citizens Financial shares rise as positive bank sentiment continues

Upbeat sentiment toward bank stocks continued Wednesday as U.S. Bancorp and Citizens Financial Group Inc. both rose on mostly positive quarterly results.

U.S. Bancorp, Citizens Financial shares rise as positive bank sentiment continues

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