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. The company operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments. It offers depository services, including checking accounts, savings accounts, and time certificate contracts; and 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. The company also provides cash management, capital markets, and trust and investment management services; and ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers. In addition, it offers asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations; and investment and insurance products to its customers principally within its domestic markets, as well as fund administration services to mutual and other funds. Further, the company provides corporate and purchasing card, and corporate trust services; and credit card services, merchant and ATM processing, mortgage banking, insurance, brokerage and leasing services. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.
Market Outlook | Analyst targets range from $41 to $65, with a consensus "Overweight" rating, reflecting confidence in USB's ability to navigate industry challenges and capitalize on opportunities |
Growth Initiatives | Learn about USB's strategic moves, including the Union Bank acquisition and cost-saving measures, aimed at driving revenue synergies and operational efficiency |
Financial Resilience | Delve into USB's mixed financial performance, with strong EPS and improved interest rate sensitivity, balanced against challenges in fee-based revenues |
Leadership Shift | Explore U.S. Bancorp's strategic realignment under new CEO Gunjan Kedia, signaling potential fresh perspectives and approaches to banking operations |
Metrics to compare | USB | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipUSBPeersSector | |
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P/E Ratio | 10.9x | −94.0x | 9.1x | |
PEG Ratio | 0.32 | −0.09 | 0.03 | |
Price / Book | 1.3x | 1.0x | 1.0x | |
Price / LTM Sales | 2.7x | 4.0x | 2.7x | |
Upside (Analyst Target) | 13.1% | 14.2% | 12.0% | |
Fair Value Upside | Unlock | 5.6% | 2.6% | Unlock |