U.S. Bancorp (USB) to Release Quarterly Earnings on Thursday

U.S. Bancorp (NYSE:USB) is projected to announce its Q2 2026 results before the market opens on Thursday, July 16th. Analysts expect U.S. Bancorp to post earnings of $1.27 per share and revenue of $7.5665 billion for the quarter. Individuals can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 16, 2026 at 8:00 AM ET.

U.S. Bancorp (NYSE:USB) last issued its earnings results on Thursday, April 16th. The financial services provider reported $1.18 EPS for the quarter, topping the consensus estimate of $1.14 by $0.04. U.S. Bancorp had a return on equity of 13.55% and a net margin of 18.01%.The business had revenue of $7.32 billion during the quarter, compared to analysts’ expectations of $7.27 billion. During the same quarter last year, the firm posted $1.03 earnings per share. U.S. Bancorp’s revenue was up 4.7% compared to the same quarter last year. On average, analysts expect U.S. Bancorp to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

U.S. Bancorp Stock Performance

Shares of USB stock opened at $61.09 on Thursday. The company has a market capitalization of $94.76 billion, a price-to-earnings ratio of 12.81, a P/E/G ratio of 1.08 and a beta of 0.96. U.S. Bancorp has a 1-year low of $43.46 and a 1-year high of $63.39. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.03. The stock’s fifty day simple moving average is $56.94 and its 200-day simple moving average is $55.69.

U.S. Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.52 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.4%. U.S. Bancorp’s dividend payout ratio is currently 43.61%.

Insider Activity at U.S. Bancorp

In other news, insider Jodi L. Richard sold 40,000 shares of the stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $57.00, for a total transaction of $2,280,000.00. Following the transaction, the insider owned 207,251 shares in the company, valued at $11,813,307. This represents a 16.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Venkatachari Dilip sold 34,522 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $55.52, for a total transaction of $1,916,661.44. Following the transaction, the executive vice president owned 51,292 shares in the company, valued at $2,847,731.84. This represents a 40.23% decrease in their position. The SEC filing for this sale provides additional information. 0.21% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On U.S. Bancorp

Large investors have recently bought and sold shares of the business. Brighton Jones LLC raised its holdings in U.S. Bancorp by 323.0% during the fourth quarter. Brighton Jones LLC now owns 48,274 shares of the financial services provider’s stock valued at $2,309,000 after buying an additional 36,863 shares in the last quarter. Empowered Funds LLC lifted its position in shares of U.S. Bancorp by 2.1% in the first quarter. Empowered Funds LLC now owns 34,411 shares of the financial services provider’s stock worth $1,453,000 after buying an additional 714 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of U.S. Bancorp by 18.9% during the 1st quarter. Intech Investment Management LLC now owns 39,276 shares of the financial services provider’s stock worth $1,658,000 after acquiring an additional 6,252 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in shares of U.S. Bancorp during the 2nd quarter valued at about $425,000. Finally, Nebula Research & Development LLC acquired a new position in shares of U.S. Bancorp during the 2nd quarter valued at about $701,000. 77.60% of the stock is currently owned by institutional investors.

More U.S. Bancorp News

Here are the key news stories impacting U.S. Bancorp this week:

• Positive Sentiment: Raymond James initiated coverage on U.S. Bancorp with a strong-buy rating and a $72 price target, implying notable upside from current levels.
• Positive Sentiment: UBS raised its price target on USB to $66 from $58, while Wells Fargo also lifted its target to $66, reinforcing expectations for more share-price appreciation.
• Positive Sentiment: Jefferies upgraded U.S. Bancorp to Buy, adding to the bullish analyst momentum around the stock.
• Positive Sentiment: U.S. Bank launched Enhanced Payments, a bundled solution for small businesses designed to move money faster and more affordably, which could support fee growth and deepen client relationships. Article: U.S. Bank Launches Enhanced Payments to Help Small Businesses Move Money Quickly and More Affordably
• Neutral Sentiment: Several articles compared USB with BNY as a value stock, which highlights investor interest in valuation but does not on its own signal a major fundamental change.
• Neutral Sentiment: Coverage on the Wix-Elavon partnership is supportive of U.S. Bank’s payments business, but the direct financial impact appears limited for now.
• Negative Sentiment: Oppenheimer reportedly lowered its price target on USB, which partially offsets the recent bullish analyst updates.

Wall Street Analyst Weigh In

USB has been the subject of several research reports. Wells Fargo & Company raised their price target on shares of U.S. Bancorp from $62.00 to $66.00 and gave the stock an “overweight” rating in a report on Monday. Raymond James Financial assumed coverage on shares of U.S. Bancorp in a research report on Wednesday. They issued a “strong-buy” rating and a $72.00 target price for the company. Truist Financial lifted their target price on shares of U.S. Bancorp from $62.00 to $66.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Oppenheimer dropped their price target on shares of U.S. Bancorp from $74.00 to $73.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 30th. Finally, Royal Bank Of Canada upped their price target on shares of U.S. Bancorp from $59.00 to $61.00 and gave the stock an “outperform” rating in a research note on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $64.31.

About U.S. Bancorp

U.S. Bancorp (NYSE: USB) is a bank holding company and the parent of U.S. Bank, a national commercial bank that provides a wide range of banking, investment, mortgage, trust and payment services. The company operates through consumer and business banking, commercial banking, payment services, and wealth management segments. Its product set includes deposit accounts, consumer and commercial lending, mortgage origination and servicing, credit and debit card services, treasury and cash management, merchant processing, and institutional and trust services.

Headquartered in Minneapolis, Minnesota, U.S.