U.S. Bancorp (NYSE:USB) Research Coverage Started at TD Cowen

Posted by Brenda Bartman on Oct 11th, 2026

TD Cowen assumed coverage on shares of U.S. Bancorp (NYSE:USB – Free Report) in a report published on Thursday, MarketBeat reports. The firm issued a buy rating and a $70.00 price objective on the financial services provider’s stock.

A number of other brokerages have also commented on USB. Robert W. Baird increased their price objective on shares of U.S. Bancorp from $64.00 to $68.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. CLSA set a $67.50 target price on shares of U.S. Bancorp in a research note on Monday, July 20th. Barclays upped their target price on shares of U.S. Bancorp from $67.00 to $75.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. HSBC increased their price target on shares of U.S. Bancorp from $74.00 to $76.00 and gave the company a “buy” rating in a research note on Monday, September 28th. Finally, Jefferies Financial Group raised shares of U.S. Bancorp from a “hold” rating to a “buy” rating and raised their price target for the company from $60.00 to $75.00 in a report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, U.S. Bancorp presently has an average rating of “Moderate Buy” and a consensus target price of $67.48.

Read Our Latest Research Report on U.S. Bancorp

U.S. Bancorp Trading Up 0.1%

USB stock opened at $57.06 on Thursday. The business has a fifty day moving average price of $61.48 and a 200 day moving average price of $58.81. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.83 and a quick ratio of 0.82. U.S. Bancorp has a fifty-two week low of $45.02 and a fifty-two week high of $66.07. The stock has a market capitalization of $88.91 billion, a price-to-earnings ratio of 11.39, a P/E/G ratio of 1.07 and a beta of 1.00.

U.S. Bancorp (NYSE:USB – Get Free Report) last announced its earnings results on Thursday, July 16th. The financial services provider reported $1.35 EPS for the quarter, topping the consensus estimate of $1.28 by $0.07. U.S. Bancorp had a return on equity of 13.69% and a net margin of 18.49%. The company had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.58 billion. During the same quarter in the prior year, the business earned $1.11 earnings per share. Analysts expect that U.S. Bancorp will post 5.26 EPS for the current fiscal year.

U.S. Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.54 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.16 annualized dividend and a yield of 3.8%. This is an increase from U.S. Bancorp’s previous quarterly dividend of $0.52. U.S. Bancorp’s dividend payout ratio (DPR) is presently 43.11%.

Insider Transactions at U.S. Bancorp

In related news, insider Stephen L. Philipson sold 36,906 shares of the business’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $63.08, for a total transaction of $2,328,030.48. Following the completion of the sale, the insider directly owned 74,969 shares of the company’s stock, valued at $4,729,044.52. The trade was a 32.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Gunjan Kedia sold 27,267 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $62.37, for a total transaction of $1,700,642.79. Following the completion of the transaction, the chief executive officer owned 426,262 shares in the company, valued at $26,585,960.94. This represents a 6.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.21% of the company’s stock.

Institutional Trading of U.S. Bancorp

A number of institutional investors have recently bought and sold shares of the business. Mufg Bank LTD. bought a new position in shares of U.S. Bancorp in the 2nd quarter worth $2,680,199,000. Auto Owners Insurance Co increased its holdings in U.S. Bancorp by 5,236.0% in the fourth quarter. Auto Owners Insurance Co now owns 33,350,000 shares of the financial services provider’s stock valued at $1,779,556,000 after purchasing an additional 32,725,000 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in U.S. Bancorp in the second quarter valued at about $536,457,000. Victory Capital Management Inc. lifted its stake in U.S. Bancorp by 63.2% in the fourth quarter. Victory Capital Management Inc. now owns 9,480,254 shares of the financial services provider’s stock valued at $505,866,000 after buying an additional 3,672,742 shares during the period. Finally, First Trust Advisors LP boosted its holdings in U.S. Bancorp by 39.9% during the first quarter. First Trust Advisors LP now owns 8,118,845 shares of the financial services provider’s stock worth $422,261,000 after buying an additional 2,314,081 shares during the last quarter. Institutional investors and hedge funds own 77.60% of the company’s stock.

About U.S. Bancorp

(Get Free Report)

U.S. Bancorp is a financial services holding company headquartered in Minneapolis, Minnesota, and the parent company of U.S. Bank National Association. The company provides banking, lending, payment, investment, and wealth management services to individuals, businesses, government entities, and institutional clients.

Through U.S. Bank, its principal subsidiary, U.S. Bancorp offers checking and savings accounts, credit cards, mortgages, consumer and business loans, commercial banking, treasury management, investment services, and financial planning.