USB - US Bancorp Stock Price, Fair Value and News

41.67USD+0.09 (+0.22%)Market Closed

Market Summary

USD41.67+0.09

Market Closed

0.22%

USB Stock Price

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USB RSI Chart

USB Valuation

Market Cap

65.0B

Price/Earnings (Trailing)

12.88

Price/Sales (Trailing)

2.19

EV/EBITDA

-0.52

Price/Free Cashflow

6.33

USB Price/Sales (Trailing)

USB Profitability

EBT Margin

21.44%

Return on Equity

9.01%

Return on Assets

0.74%

Free Cashflow Yield

15.79%

USB Fundamentals

USB Revenue

Revenue (TTM)

29.8B

Rev. Growth (Yr)

-3.58%

Rev. Growth (Qtr)

-13.5%

USB Earnings

Earnings (TTM)

5.0B

Earnings Growth (Yr)

-22.32%

Earnings Growth (Qtr)

55.73%

Breaking Down USB Revenue

Last 7 days

1.5%

Last 30 days

-4.7%

Last 90 days

3.2%

Trailing 12 Months

39.3%

How does USB drawdown profile look like?

USB Financial Health

Debt/Equity

0.77

Debt/Cashflow

0.24

USB Investor Care

Dividend Yield

4.66%

Dividend/Share (TTM)

1.94

Shares Dilution (1Y)

1.80%

Diluted EPS (TTM)

3.01

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	29.8B	0	0	0
2023	21.5B	25.2B	28.2B	30.0B
2022	13.6B	14.0B	15.3B	17.9B
2021	14.1B	13.8B	13.6B	13.5B
2020	17.3B	16.5B	15.6B	14.8B
2019	16.7B	17.2B	17.6B	17.5B
2018	14.7B	15.2B	15.6B	16.2B
2017	5.3B	8.3B	11.3B	14.3B
2016	3.6B	3.2B	2.7B	2.3B
2015	4.1B	4.1B	4.1B	4.1B
2014	5.7B	5.2B	4.6B	4.1B
2013	12.8B	12.6B	12.4B	6.3B
2012	0	12.8B	12.9B	12.9B
2011	12.3B	12.4B	12.5B	12.6B
2010	11.7B	11.8B	12.0B	12.2B
2009	12.1B	11.9B	11.7B	11.5B
2008	0	12.9B	12.7B	12.4B
2007	0	0	0	13.1B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of US Bancorp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 06, 2024	kedia gunjan	acquired	-	-	14,347	president
Mar 05, 2024	kotwal shailesh m	sold (taxes)	-844,734	42.7	-19,783	vice chair
Mar 05, 2024	barcelos elcio r.t.	sold (taxes)	-587,381	42.7	-13,756	senior evp, chief hr officer
Mar 05, 2024	chosy james l	sold (taxes)	-632,942	42.7	-14,823	senior evp and general counsel
Mar 05, 2024	cecere andrew	sold (taxes)	-3,264,330	42.7	-76,448	chairman, president and ceo
Mar 05, 2024	welsh timothy a	sold (taxes)	-939,955	42.7	-22,013	vice chair
Mar 05, 2024	runkel mark g.	sold (taxes)	-368,288	42.7	-8,625	senior evp, chief transform of
Mar 05, 2024	richard jodi l	sold (taxes)	-772,144	42.7	-18,083	vice chair
Mar 05, 2024	dilip venkatachari	sold (taxes)	-140,270	42.7	-3,285	sevp & chief info & tech off
Mar 05, 2024	dolan terrance r	sold (taxes)	-1,332,370	42.7	-31,203	vice chair

Which funds bought or sold USB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	ClariVest Asset Management LLC	unchanged	-	9.00	1,100	-%
May 07, 2024	First Heartland Consultants, Inc.	sold off	-100	-578,000	-	-%
May 07, 2024	Brooklyn Investment Group	new	-	201,774	201,774	0.09%
May 07, 2024	Mengis Capital Management, Inc.	unchanged	-	-	772,932	0.14%
May 07, 2024	THOROUGHBRED FINANCIAL SERVICES, LLC	reduced	-46.77	-345,000	422,000	0.04%
May 07, 2024	Empowered Funds, LLC	added	74.32	847,244	1,905,830	0.02%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-15.91	-8,121,590	53,651,200	0.01%
May 07, 2024	Avalon Trust Co	unchanged	-	866	27,267	-%
May 07, 2024	Cornerstone Planning Group LLC	reduced	-21.04	-5,721	17,523	-%
May 07, 2024	Empirical Financial Services, LLC d.b.a. Empirical Wealth Management	reduced	-15.42	-86,338	596,721	0.02%

Are Funds Buying or Selling USB?

Are funds buying USB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own USB

No. of Funds

Unveiling US Bancorp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.66%	134,858,056	SC 13G/A
Jan 26, 2024	blackrock inc.	7.0%	108,476,982	SC 13G/A
Feb 09, 2023	vanguard group inc	7.81%	119,477,892	SC 13G/A
Feb 01, 2023	blackrock inc.	6.6%	100,484,434	SC 13G/A
Nov 10, 2022	berkshire hathaway inc	3.6%	53,045,548	SC 13G/A
Feb 14, 2022	berkshire hathaway inc	9.8%	144,730,560	SC 13G/A
Feb 09, 2022	vanguard group inc	7.36%	109,186,579	SC 13G/A
Feb 01, 2022	blackrock inc.	6.4%	95,616,688	SC 13G/A
Feb 16, 2021	berkshire hathaway inc	9.9%	149,450,671	SC 13G/A
Feb 10, 2021	vanguard group inc	7.12%	107,252,670	SC 13G/A

Recent SEC filings of US Bancorp

View All Filings

Date Filed	Form Type	Document
May 08, 2024	13F-HR	Fund Holdings Report
May 07, 2024	4	Insider Trading
May 06, 2024	8-K	Current Report
May 06, 2024	8-K/A	Current Report
May 03, 2024	8-K	Current Report
May 01, 2024	10-Q	Quarterly Report
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading

Peers (Alternatives to US Bancorp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	561.8B	174.7B	-1.43%	43.42%	11.16	3.22	53.11%	19.83%
BAC	294.9B	127.4B	0.56%	36.33%	11.78	2.14	56.12%	-12.56%
WFC	213.5B	85.8B	5.95%	58.87%	11.37	2.49	35.02%	26.14%
C	119.7B	125.0B	1.65%	34.89%	14.97	0.96	37.85%	-
CFG	16.4B	10.4B	2.86%	37.97%	11.43	1.57	26.22%	-33.87%
KEY	14.2B	8.1B	-2.78%	54.53%	16.2	1.74	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	-0.20%	48.47%	10.28	1.68	34.68%	-45.96%
ZION	6.5B	4.1B	2.65%	80.71%	10.36	1.6	32.93%	-30.73%
ABCB	3.4B	1.3B	4.29%	69.14%	12.73	2.67	43.24%	-22.35%
ASB	3.4B	1.8B	4.48%	49.83%	21.01	1.66	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	399.1M	152.4M	-4.27%	48.11%	40.14	2.62	16.94%	-73.84%
AROW	395.5M	162.6M	1.49%	18.80%	13.15	2.43	25.39%	-38.37%
ACNB	273.7M	96.6M	-9.35%	14.97%	8.64	2.83	11.02%	-11.37%
ASRV	42.4M	60.9M	6.93%	-11.15%	-12.66	0.7	24.06%	-144.92%

US Bancorp News

Latest updates

US Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-13.5%	6,715	7,763	7,754	7,526	6,964	5,974	4,728	3,825	3,418	3,355	3,409	3,382	3,341	3,479	3,573	3,672	4,116	4,255	4,437	4,451	4,351
EBITDA Margin	-3.9%	0.78*	0.81*	0.87*	0.97*	1.10*	1.23*	1.43*	1.54*	1.61*	1.68*	1.65*	1.59*	-	-	-	-	-	-	-	-	-
Interest Expenses	-3.1%	3,985	4,111	4,236	4,415	4,634	4,293	3,827	3,435	3,173	3,123	3,171	3,137	3,063	3,175	3,227	3,200	3,223	3,207	3,281	3,305	3,259
Income Taxes	149.6%	347	139	431	382	455	171	481	414	397	459	564	551	607	395	347	64.00	260	354	467	449	378
Earnings Before Taxes	67.3%	1,673	1,000	1,955	1,751	2,159	1,101	2,297	1,948	1,955	2,137	2,598	2,539	2,892	1,920	1,933	759	1,439	1,847	2,384	2,277	2,086
EBT Margin	-6.3%	0.21*	0.23*	0.25*	0.29*	0.35*	0.41*	0.54*	0.62*	0.68*	0.75*	0.73*	0.67*	-	-	-	-	-	-	-	-	-
Net Income	55.7%	1,319	847	1,523	1,361	1,698	925	1,812	1,531	1,557	1,673	2,028	1,982	2,280	1,519	1,580	689	1,171	1,486	1,908	1,821	1,699
Net Income Margin	-6.2%	0.17*	0.18*	0.20*	0.23*	0.28*	0.32*	0.43*	0.48*	0.53*	0.59*	0.57*	0.53*	-	-	-	-	-	-	-	-	-
Free Cashflow	539.7%	2,661	416	3,873	3,316	842	6,888	3,505	2,249	8,477	703	2,647	5,583	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.0%	683,606	663,491	668,039	680,825	682,377	674,805	600,973	591,381	586,517	573,284	567,495	558,886	553,375	553,905	540,455	546,652	542,909	495,426	487,671	481,719	475,775
Cash Equivalents	25.8%	76,985	61,192	64,354	70,642	66,228	53,542	41,652	39,124	44,303	28,905	63,904	44,573	43,501	62,580	-	-	-	22,405	-	-	-
Net PPE	-	-	-	3,616	3,695	3,735	3,858	3,155	3,177	3,207	3,305	3,262	3,295	3,388	3,468	3,516	3,616	3,660	3,702	3,673	3,690	3,686
Goodwill	-0.1%	12,479	12,489	12,472	12,486	12,560	12,373	10,125	10,157	10,250	10,262	9,996	9,911	9,905	9,918	9,889	9,842	9,836	9,655	9,632	9,548	9,547
Liabilities	3.3%	627,573	607,720	614,461	627,341	628,923	623,573	552,995	542,312	534,849	517,897	513,117	505,212	501,067	500,180	487,260	494,172	490,747	442,943	433,524	428,179	423,089
Short Term Borrowings	11.9%	17,102	15,279	21,900	32,334	56,875	31,216	25,066	24,963	21,042	11,796	16,088	13,413	12,098	11,766	13,723	20,595	26,344	23,723	14,579	15,032	15,396
Long Term Debt	-	-	-	43,074	45,283	42,045	39,829	32,228	29,408	32,931	32,125	35,671	36,360	37,419	41,297	42,443	42,579	52,298	40,167	41,274	41,008	40,680
Shareholder's Equity	1.3%	56,033	55,306	53,113	53,484	53,454	50,766	47,978	49,069	51,668	55,387	54,378	53,674	52,308	53,725	53,195	52,480	52,162	52,483	54,147	53,540	52,686
Retained Earnings	0.6%	74,473	74,026	74,023	73,355	72,807	71,901	71,782	70,772	69,987	69,201	68,297	67,039	65,740	64,188	63,391	62,526	62,544	63,186	62,419	61,252	60,092
Additional Paid-In Capital	-0.4%	8,642	8,673	8,684	8,742	8,699	8,712	8,590	8,555	8,515	8,539	8,550	8,518	8,487	8,511	8,516	8,483	8,452	8,475	8,490	8,465	8,432
Shares Outstanding	-2.6%	1,559	1,600	1,538	1,532	1,532	1,500	1,486	1,485	1,485	1,489	1,491	1,495	-	-	-	-	-	-	-	-	-
Minority Interest	0%	465	465	465	465	465	466	465	464	468	469	635	635	630	630	630	630	630	630	630	627	629
Float	-	-	-	-	50,600	-	-	-	68,400	-	-	-	84,500	-	-	-	55,500	-	-	-	83,000	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	539.7%	2,661	416	3,873	3,316	842	6,888	3,505	2,249	8,477	703	2,647	5,583	937	-1,069	3,284	-853	2,354	-62.00	3,046	609	1,296
Cashflow From Investing	-375.2%	-4,953	1,800	5,636	6,546	4,943	34,577	-7,561	-12,152	-7,364	-41,718	9,587	-5,890	-19,466	6,410	-3,855	4,264	-22,259	-189	-9,499	-5,328	-6,544
Cashflow From Financing	436.3%	18,085	-5,378	-15,797	-5,448	6,901	-29,575	6,584	4,724	14,285	6,016	7,097	1,379	-550	13,192	-7,774	2,176	44,305	7,384	4,793	3,536	1,910
Dividend Payments	-100.0%	-	751	740	739	740	716	687	686	687	685	626	631	637	635	635	635	647	663	589	594	597
Buy Backs	188.2%	49.00	17.00	1.00	-	44.00	14.00	-	1.00	54.00	18.00	-	891	646	12.00	-	-	1,660	2,293	791	793	648

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USB Income Statement

2024-03-31

Consolidated Statement of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest Income
Loans	$ 5,712	$ 5,277
Loans held for sale	37	31
Investment securities	1,175	1,074
Other interest income	840	582
Total interest income	7,764	6,964
Interest Expense
Deposits	2,884	1,505
Short-term borrowings	270	449
Long-term debt	625	376
Total interest expense	3,779	2,330
Net interest income	3,985	4,634
Provision for credit losses	553	427
Net interest income after provision for credit losses	3,432	4,207
Noninterest Income
Card revenue	392	360
Corporate payment products revenue	184	189
Merchant processing services	401	387
Trust and investment management fees	641	590
Service charges	315	324
Commercial products revenue	388	334
Mortgage banking revenue	166	128
Investment products fees	77	68
Securities gains (losses), net	2	(32)
Other	134	159
Total noninterest income	2,700	2,507
Noninterest Expense
Compensation and employee benefits	2,691	2,646
Net occupancy and equipment	296	321
Professional services	110	134
Marketing and business development	136	122
Technology and communications	507	503
Other intangibles	146	160
Merger and integration charges	155	244
Other	418	425
Total noninterest expense	4,459	4,555
Income before income taxes	1,673	2,159
Applicable income taxes	347	455
Net income (loss)	1,326	1,704
Net (income) loss attributable to noncontrolling interests	(7)	(6)
Net income attributable to U.S. Bancorp	1,319	1,698
Net income applicable to U.S. Bancorp common shareholders	1,209	1,592
Net income applicable to U.S. Bancorp common shareholders, diluted	$ 1,209	$ 1,592
Earnings per common share (in dollars per share)	$ 0.78	$ 1.04
Diluted earnings per common share (in dollars per share)	$ 0.78	$ 1.04
Average common shares outstanding (in shares)	1,559	1,532
Average diluted common shares outstanding (in shares)	1,559	1,532

USB Balance Sheet

2024-03-31

Consolidated Balance Sheet - USD ($)
$ in Millions

Mar. 31, 2024

Dec. 31, 2023

Assets

Cash and due from banks

$ 76,985

$ 61,192

Investment securities

Held-to-maturity (fair value $71,149 and $74,088, respectively)

82,948

84,045

Available-for-sale ($356 and $338 pledged as collateral, respectively)

^[1]

72,426

69,706

Loans held for sale (including $1,885 and $2,011 of mortgage loans carried at fair value, respectively)

2,080

2,201

Loans

Total loans

374,588

373,835

Less allowance for loan losses

(7,514)

(7,379)

Net loans

367,074

366,456

Premises and equipment

3,537

3,623

Goodwill

12,479

12,489

Other intangible assets

6,031

6,084

Other assets (including $4,878 and $3,548 of trading securities at fair value pledged as collateral, respectively)

^[1]

60,046

57,695

Total assets

683,606

663,491

Deposits

Noninterest-bearing

91,220

89,989

Interest-bearing (including $4,668 and $2,818 of time deposits carried at fair value, respectively)

436,843

422,323

Total deposits

528,063

512,312

Short-term borrowings

17,102

15,279

Long-term debt

52,693

51,480

Other liabilities

29,715

28,649

Total liabilities

627,573

607,720

Shareholders’ equity

Preferred stock

6,808

Common stock, $.01 par value per share, authorized: 4,000,000,000 shares; issued: 3/31/24 and 12/31/23—2,125,725,742 shares

Capital surplus

8,642

8,673

Retained earnings

74,473

74,026

Less cost of common stock in treasury: 3/31/24—565,322,411 shares; 12/31/23—567,732,687 shares

(24,023)

(24,126)

Accumulated other comprehensive income (loss)

(10,353)

(10,096)

Total U.S. Bancorp shareholders’ equity

55,568

55,306

Noncontrolling interests

465

Total equity

56,033

55,771

Total liabilities and equity

683,606

663,491

Commercial | Commercial

Loans

Total loans

134,726

131,881

Commercial | Commercial real estate

Loans

Total loans

52,677

53,455

Consumer | Residential mortgages

Loans

Total loans

116,079

115,530

Consumer | Credit card

Loans

Total loans

27,844

28,560

Consumer | Other retail

Loans

Total loans

$ 43,262

$ 44,409

[1]	Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.

About US Bancorp

U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States. It operates in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; lending services, such as traditional credit products; and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. In addition, it provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers. Further, the company offers asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. Additionally, it provides investment and insurance products to its customers principally within its markets, as well as fund administration services to mutual and other funds. Furthermore, the company provides corporate and purchasing card, and corporate trust services. The company offers merchant processing, investment management, ATM processing, mortgage banking, insurance, and brokerage and leasing services. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.

CEO	Mr. Andrew J. Cecere
WEBSITE	usbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	65535

US Bancorp Frequently Asked Questions

What is the ticker symbol for US Bancorp? What does USB stand for in stocks?

USB is the stock ticker symbol of US Bancorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of US Bancorp (USB)?

As of Wed May 08 2024, market cap of US Bancorp is 65.02 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of USB stock?

You can check USB's fair value in chart for subscribers.

What is the fair value of USB stock?

You can check USB's fair value in chart for subscribers. The fair value of US Bancorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of US Bancorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for USB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is US Bancorp a good stock to buy?

The fair value guage provides a quick view whether USB is over valued or under valued. Whether US Bancorp is cheap or expensive depends on the assumptions which impact US Bancorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for USB.

What is US Bancorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, USB's PE ratio (Price to Earnings) is 12.88 and Price to Sales (PS) ratio is 2.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. USB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on US Bancorp's stock?

In the past 10 years, US Bancorp has provided 0.028 (multiply by 100 for percentage) rate of return.