U.S. Bancorp (USB)
(Delayed Data from NYSE)
$44.68 USD
-0.01 (-0.02%)
Updated Sep 17, 2024 04:00 PM ET
After-Market: $44.69 +0.01 (0.02%) 7:58 PM ET
3-Hold of 5 3
B Value F Growth D Momentum D VGM
Company Summary
Headquartered in Minneapolis, MN, U.S. Bancorp was formed in February 2001 with the merger of the former U.S. Bancorp and Firstar Corporation. It provides banking and investment services principally operating in the Midwest and West regions of the United States. U.S. Bancorp is the parent company of U.S. Bank. The company operates through five segments.
The Corporate and Commercial Banking segment extends traditional banking services, such as lending, equipment finance and small-ticket leasing, depository services, treasury management, capital markets services, international trade services and other financial services to middle market, large ...
Company Summary
Headquartered in Minneapolis, MN, U.S. Bancorp was formed in February 2001 with the merger of the former U.S. Bancorp and Firstar Corporation. It provides banking and investment services principally operating in the Midwest and West regions of the United States. U.S. Bancorp is the parent company of U.S. Bank. The company operates through five segments.
The Corporate and Commercial Banking segment extends traditional banking services, such as lending, equipment finance and small-ticket leasing, depository services, treasury management, capital markets services, international trade services and other financial services to middle market, large corporate, commercial real estate, financial institution, non-profit and public sector clients.
The Consumer and Business Banking segment offers banking services and products through banking offices, telephone servicing and sales, online services, direct mail, Automated Teller Machine processing and mobile devices.
The Payment Services segment includes consumer and business credit cards, stored-value cards, debit cards, corporate, government and purchasing card services, consumer lines of credit and merchant processing.
The Wealth Management & Investment Services segment includes private banking, financial advisory services, investment management, retail brokerage services, insurance, trust, custody and fund servicing that are extended to individuals and institutional investors.
The Treasury and Corporate Support segment includes investment portfolios, funding, capital management, interest-rate risk management and income taxes not allocated to business segments, including most investments in tax-advantaged projects and residual aggregate of those expenses associated with corporate activities that are managed on a consolidated basis.
In December 2022, U.S. Bancorp completed the acquisition of MUFG Union Bank’s core regional banking franchise. In fourth-quarter 2021, U.S. Bancorp acquired TravelBank and PFM Asset Management LLC. In September 2021, it acquired Bento Technologies to integrate payments and banking services for small businesses.
As of Jun 30, 2024, U.S. Bancorp had $680.06 billion of total assets, $376.13 billion of total loans, $523.79 billion of total deposits and $56.42 billion of shareholders' equity.
General Information
US Bancorp
800 NICOLLET MALL
MINNEAPOLIS, MN 55402
Phone: 651-466-3000
Fax: 612-303-0782
Email: investorrelations@usbank.com
| Industry | Banks - Major Regional |
| Sector | Finance |
| Fiscal Year End | December |
| Last Reported Quarter | 6/30/2024 |
| Earnings Date | 10/16/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 0.99 |
| Current Year EPS Consensus Estimate | 3.86 |
| Estimated Long-Term EPS Growth Rate | 2.70 |
| Earnings Date | 10/16/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 44.69 |
| 52 Week High | 47.31 |
| 52 Week Low | 30.47 |
| Beta | 1.04 |
| 20 Day Moving Average | 7,142,049.50 |
| Target Price Consensus | 49.69 |
| 4 Week | 2.36 |
| 12 Week | 10.21 |
| YTD | 3.26 |
| 4 Week | 1.91 |
| 12 Week | 6.59 |
| YTD | -12.57 |
| Shares Outstanding (millions) | 1,560.51 |
| Market Capitalization (millions) | 69,739.37 |
| Short Ratio | NA |
| Last Split Date | 4/16/1999 |
| Dividend Yield | 4.39% |
| Annual Dividend | $1.96 |
| Payout Ratio | 0.50 |
| Change in Payout Ratio | 0.07 |
| Last Dividend Payout / Amount | 6/28/2024 / $0.49 |
Fundamental Ratios
| P/E (F1) | 11.58 |
| Trailing 12 Months | 11.40 |
| PEG Ratio | 4.36 |
| vs. Previous Year | -12.50% |
| vs. Previous Quarter | 8.89% |
| vs. Previous Year | 5.35% |
| vs. Previous Quarter | 3.21% |
| Price/Book | 1.39 |
| Price/Cash Flow | 8.64 |
| Price / Sales | 1.65 |
| 6/30/24 | 13.34 |
| 3/31/24 | 13.93 |
| 12/31/23 | 14.89 |
| 6/30/24 | 0.97 |
| 3/31/24 | 0.99 |
| 12/31/23 | 1.04 |
| 6/30/24 | 0.81 |
| 3/31/24 | 0.82 |
| 12/31/23 | 0.81 |
| 6/30/24 | 0.80 |
| 3/31/24 | 0.81 |
| 12/31/23 | 0.81 |
| 6/30/24 | 15.42 |
| 3/31/24 | 16.04 |
| 12/31/23 | 17.32 |
| 6/30/24 | 12.55 |
| 3/31/24 | 12.13 |
| 12/31/23 | 13.36 |
| 6/30/24 | 15.85 |
| 3/31/24 | 15.33 |
| 12/31/23 | 16.90 |
| 6/30/24 | 32.09 |
| 3/31/24 | 31.59 |
| 12/31/23 | 31.45 |
| 6/30/24 | 4.89 |
| 3/31/24 | 4.52 |
| 12/31/23 | 3.78 |
| 6/30/24 | 1.05 |
| 3/31/24 | 1.07 |
| 12/31/23 | 1.05 |
| 6/30/24 | 48.10 |
| 3/31/24 | 48.46 |
| 12/31/23 | 48.00 |