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U.S. Bancorp (USB) Stock Analysis

Financial Services

U.S. Bancorp

$55.22

+$0.39 (+0.71%)

Last Updated: May 26, 2026

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News provided by third-party sources. Not financial advice.

Analysis

Company Overview

U.S. Bancorp operates as a financial services holding company that delivers a comprehensive array of banking and financial solutions to individuals, businesses, institutional organizations, governmental entities, and other financial institutions across the United States. The company is situated within the Financial Services sector and specifically functions within the Banks - Regional industry, positioning it as a key player in the domestic banking landscape where it serves diverse client segments through its Wealth, Corporate, Commercial and Institutional segments. The organization employs a substantial workforce of 68,520 individuals and holds a total market capitalization of $79.01B, reflecting its significant presence in the public equity markets. With annual revenue reaching $26.35B, these financial figures indicate that the company possesses a large-scale operational footprint capable of generating substantial top-line income, distinguishing it as a major entity within the regional banking classification rather than a small-cap or micro-cap institution.

Financial Health

The company reported a total revenue of $26.35B and a net income of $7.19B over the trailing twelve-month period, while the EBITDA metric is not disclosed in the available data. The substantial difference between the $26.35B revenue figure and the $7.19B net income reveals a cost structure where operating expenses, including provisions for loan losses and compensation, absorb approximately 73% of the generated revenue before arriving at the bottom line. Regarding cash flow dynamics, the available facts do not provide specific free cash flow figures, meaning external analysis must rely on other liquidity indicators to assess the company's financial flexibility. The gross margin stands at 0.0%, which is standard for the banking industry as interest income and expense are typically netted together rather than treated as a traditional product gross profit, while the operating margin of 39.3% indicates efficient management of overhead and operational costs relative to revenue. Furthermore, the profit margin of 28.7% demonstrates the company's ability to retain a significant portion of its revenue as actual profit after all expenses and taxes. In terms of leverage, the company holds $50.54B in cash against $82.74B in debt, and while the debt-to-equity ratio is not available, the net debt position suggests a leveraged balance sheet typical of banking operations. The current ratio is not available in the provided data, so specific commentary on short-term liquidity relative to current liabilities cannot be made based on these facts. Return on Equity stands at 12.2%, indicating that the company generates 12.2 cents of profit for every dollar of shareholder equity, while the Return on Assets is 1.1%, showing the efficiency of asset utilization in generating income.

Valuation Assessment

The trailing twelve-month P/E ratio is 11.01, while the forward P/E is 9.15, implying that the market expects earnings growth that would justify a lower multiple in the coming year compared to historical performance. The price-to-book ratio is 1.35, indicating that the market values the company at 35% above its book value, which often reflects intangible assets, brand strength, or expected future growth not captured on the balance sheet. Alternative valuation metrics such as the price-to-sales ratio of 3.00 and the EV/EBITDA metric, which is listed as N/A, suggest the market is willing to pay a premium for revenue, though the lack of EV/EBITDA data limits a direct multiple comparison with other sectors. The stock has traded between a 52-week low of $35.18 and a 52-week high of $61.19, and without the current share price explicitly stated in the facts, the specific percentage distance from the high or low cannot be calculated, but the range itself highlights the volatility experienced over the past year. The beta of 1.04 indicates that the stock's price volatility is slightly higher than the broader market benchmark, suggesting that for every 1% move in the market, USB tends to move by 1.04%, reflecting a sensitivity that is marginally amplified relative to the overall index.

Growth & Income

Revenue growth year-over-year is recorded at 5.3%, whereas earnings growth year-over-year is significantly higher at 24.7%, implying that the company is improving its profitability margins faster than it is expanding its top line, likely due to cost control or pricing power. As a consistent dividend payer, the company offers a dividend yield of 4.0% and maintains a payout ratio of 44.2%, indicating that the dividend is sustainable as it utilizes less than half of the annual earnings for distribution to shareholders. Since the company is an active dividend payer, it does not fall into the category of reinvesting all earnings solely for growth at the expense of shareholder returns, but rather balances both objectives effectively. The overall growth and income profile presents a scenario of moderate revenue expansion paired with aggressive earnings growth and a robust, high-yield dividend stream that supports long-term investor income needs.

Peer Comparison

U.S. Bancorp (USB) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
U.S. Bancorp USB $85.72B 11.6
HDFC Bank Limited HDB $127.28B 17.7
Mizuho Financial Group, Inc. MFG $112.66B 14.7
ICICI Bank Limited IBN $94.03B 16.8

The Banks - Regional industry average P/E ratio is 15.7x. U.S. Bancorp trades at a P/E of 11.6.

This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.

About U.S. 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. 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, agricultural finance, asset-backed lending, 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.

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Key Statistics

Market Cap
$85.72B
P/E Ratio
11.58
52-Week High
$61.19
52-Week Low
$42.55
Avg Volume
9.47M
Beta
1.02
Dividend Yield
3.73%

Data provided by Yahoo Finance via yfinance. Updated daily.

Company Info

Exchange
NYSE
Country
United States
Employees
70,000