JPMorgan Adjusts Price Target on U.S. Bancorp to $57.50 From $58
U.S. Bancorp (USB) has an average rating of overweight and mean price target of $62.98, according to analysts polled by FactSet.Price: $56.62, Change: $+0.45, Percent Change: +0.80%
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U.S. Bancorp (USB) has an average rating of overweight and mean price target of $62.98, according to analysts polled by FactSet.Price: $56.62, Change: $+0.45, Percent Change: +0.80%
U.S. Bancorp (USB) has an average rating of overweight and mean price target of $63, according to analysts polled by FactSet.Price: $55.92, Change: $-0.29, Percent Change: -0.52%
U.S. Bancorp (USB) has an average rating of overweight and mean price target of $63, according to analysts polled by FactSet.Price: $55.96, Change: $-0.25, Percent Change: -0.45%
U.S. Bancorp (USB) has an average rating of overweight and mean price target of $62.85, according to analysts polled by FactSet.Price: $56.37, Change: $+0.40, Percent Change: +0.71%
Jodi L Richard, Vice Chair, on April 21, 2026, sold 40,000 shares in US Bancorp (USB) for $2,280,040. Following the Form 4 filing with the SEC, Richard has control over a total of 207,251 common shares of the company, with 207,251 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/36104/000122520826004578/xslF345X05/doc4.xml
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:After reviewing Q1 earnings and accounting for a recently improved economic outlook, we increase our 12-month target price by $1 to $41, 7.3x our 2027 EPS estimate, a discount to the peer average of 10.4x given weaker growth prospects. We raise our 2026 EPS view by $0.17 to $5.08 and 2027's by $0.23 to $5.58. We believe other banks offer better risk-reward opportunities than USB. USB's net interest margin has plateaued at 2.77% in Q1, a disappointing outcome given the margin recovery that appeared underway in the second half of 2025. The bank still has significant ground to recover, as its pre-pandemic net interest margin averaged above 3%. We are also concerned about USB's limited capital returns to shareholders. Share buybacks remain modest, and the dividend has increased only 24% since 2019. On a positive note, USB is successfully improving efficiency. The bank delivered 440 bps of positive operating leverage in Q1, with further gains likely ahead given management's strong focus on cost discipline.
Financial stocks were advancing premarket Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) up 0.1%.The Direxion Daily Financial Bull 3X Shares (FAS) was 0.4% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.1%.Charles Schwab (SCHW) shares were down more than 3% after the company reported higher Q1 adjusted earnings and net revenue, with net revenue missing analysts' expectations.U.S. Bancorp (USB) stock was down more than 1% even after the company posted higher Q1 earnings and revenue.Travelers (TRV) reported higher Q1 core income and revenue. Travelers shares were down more than 1% pre-bell.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:USB reported mixed Q1 2026 results with GAAP EPS of $1.18 vs $1.03 the prior year, beating the consensus by $0.04, while revenue of $7.3B was in line with estimates and up 5% Y/Y. Fee income continued momentum with 7% Y/Y growth, led by trust and investment management fees (+10% Y/Y to $745M) and capital markets revenue (+29% Y/Y to $377M). Net interest income grew 4% Y/Y, though the net interest margin of 2.77% remained unchanged sequentially and up only 5 bps Y/Y, continuing to lag historical levels and peer performance. Credit quality showed mixed trends as net charge-offs deteriorated 2 bps sequentially to 56 bps, though nonperforming assets declined to $1.53B from $1.73B the prior year. Balance sheet growth reflected commercial strength offsetting consumer weakness, with average total loans up 4% Y/Y to $394B due to commercial loan growth of 11% Y/Y to $150B, while average deposits grew modestly 2% Y/Y to $515B.
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