Overview Dividends

(USB) U.S. Bancorp - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9029733048

Banking, Cards, Loans, Investment, Treasury

USB EPS (Earnings per Share)

EPS Growth (3Y CAGR): 0.60%
EPS Trend (3Y Correlation): -7.1%

USB Revenue

Revenue Growth (3Y CAGR): 7.60%
Revenue Trend (3Y Correlation): 52.3%

Description: USB U.S. Bancorp September 26, 2025

U.S. Bancorp (NYSE: USB) is a diversified financial-services holding company that serves individuals, businesses, institutions, governments and other banks across the United States through four primary operating segments: Wealth, Corporate, Commercial & Institutional Banking; Consumer & Business Banking; Payment Services; and Treasury & Corporate Support.

Its product suite spans traditional depository accounts (checking, savings, time-deposit certificates), a broad array of loan offerings (credit cards, lease financing, trade finance, asset-backed and agricultural lending), and ancillary cash-management and capital-markets services such as lock-box collection, treasury management, and corporate trust.

As of Q2 2024, USB reported a net interest margin of 3.12%, total loan growth of 5.4% YoY, and a return on equity (ROE) of 12.6%, reflecting its ability to generate earnings in a rising-rate environment while maintaining a low-cost deposit base (deposit growth of 3.9% YoY). The bank’s credit quality remains solid, with a non-performing loan ratio of 0.68%, well below the industry average of ~1.2%.

Key macro drivers include the Federal Reserve’s policy stance-higher rates tend to expand net interest margins but also pressure loan demand-and the ongoing shift toward digital payments, where USB’s Payment Services segment is positioned to capture incremental fee income.

For a deeper, data-driven assessment of USB’s valuation and risk profile, you may find ValueRay’s analytical tools worth exploring.

USB Stock Overview

Market Cap in USD	73,552m
Sub-Industry	Diversified Banks
IPO / Inception	1987-11-05

USB Stock Ratings

Growth Rating	12.9%
Fundamental	64.9%
Dividend Rating	65.2%
Return 12m vs S&P 500	-15.0%
Analyst Rating	3.96 of 5

USB Dividends

Dividend Yield 12m	4.33%
Yield on Cost 5y	6.18%
Annual Growth 5y	4.19%
Payout Consistency	95.2%
Payout Ratio	37.0%

USB Growth Ratios

Growth Correlation 3m	11.1%
Growth Correlation 12m	-0.9%
Growth Correlation 5y	-6.2%
CAGR 5y	7.43%
CAGR/Max DD 3y (Calmar Ratio)	0.18
CAGR/Mean DD 3y (Pain Ratio)	0.52
Sharpe Ratio 12m	0.22
Alpha	-20.32
Beta	1.076
Volatility	27.96%
Current Volume	10455.2k
Average Volume 20d	9439k
Stop Loss	45.2 (-3%)
Signal	-0.04

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (7.19b TTM) > 0 and > 6% of Revenue (6% = 2.48b TTM)

FCFTA 0.01 (>2.0%) and ΔFCFTA -0.35pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -1149 % (prev -897.8%; Δ -250.8pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.01 (>3.0%) and CFO 7.48b > Net Income 7.19b (YES >=105%, WARN >=100%)

Net Debt (11.35b) to EBITDA (9.89b) ratio: 1.15 <= 3.0 (WARN <= 3.5)

Current Ratio 0.12 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (1.56b) change vs 12m ago -0.26% (target <= -2.0% for YES)

Gross Margin 62.91% (prev 58.68%; Δ 4.23pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 5.98% (prev 6.18%; Δ -0.20pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.63 (EBITDA TTM 9.89b / Interest Expense TTM 14.37b) >= 6 (WARN >= 3)

Altman Z'' -3.90

(A) -0.68 = (Total Current Assets 66.64b - Total Current Liabilities 541.60b) / Total Assets 695.36b

(B) 0.11 = Retained Earnings (Balance) 79.74b / Total Assets 695.36b

(D) 0.11 = Book Value of Equity 72.02b / Total Liabilities 631.56b

Total Rating: -3.90 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 64.93

1. Piotroski 4.50pt = -0.50

2. FCF Yield 8.82% = 4.41

3. FCF Margin 18.10% = 4.52

4. Debt/Equity 1.23 = 1.79

5. Debt/Ebitda 1.15 = 1.55

6. ROIC - WACC (= -1.11)% = -1.39

7. RoE 11.81% = 0.98

8. Rev. Trend 52.30% = 3.92

9. EPS Trend -7.12% = -0.36

What is the price of USB shares?

As of November 04, 2025, the stock is trading at USD 46.62 with a total of 10,455,200 shares traded.
Over the past week, the price has changed by -2.47%, over one month by -3.02%, over three months by +6.08% and over the past year by +3.23%.

Is U.S. Bancorp a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, U.S. Bancorp is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 64.93 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of USB is around 44.23 USD . This means that USB is currently overvalued and has a potential downside of -5.13%.

Is USB a buy, sell or hold?

U.S. Bancorp has received a consensus analysts rating of 3.96. Therefore, it is recommended to buy USB.

Strong Buy: 9
Buy: 6
Hold: 8
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the USB price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	55.6	19.2%
Analysts Target Price	55.6	19.2%
ValueRay Target Price	48.6	4.1%

USB Fundamental Data Overview October 30, 2025

Market Cap USD = 73.55b (73.55b USD * 1.0 USD.USD)
P/E Trailing = 10.8169
P/E Forward = 9.9404
P/S = 2.8275
P/B = 1.3648
P/EG = 1.6032
Beta = 1.076
Revenue TTM = 41.35b USD
EBIT TTM = 9.09b USD
EBITDA TTM = 9.89b USD
Long Term Debt = 58.00b USD (from longTermDebt, last fiscal year)
Short Term Debt = 15.45b USD (from shortTermDebt, last quarter)
Debt = 77.98b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 11.35b USD (from netDebt column, last quarter)
Enterprise Value = 84.90b USD (73.55b + Debt 77.98b - CCE 66.64b)
Interest Coverage Ratio = 0.63 (Ebit TTM 9.09b / Interest Expense TTM 14.37b)
FCF Yield = 8.82% (FCF TTM 7.48b / Enterprise Value 84.90b)
FCF Margin = 18.10% (FCF TTM 7.48b / Revenue TTM 41.35b)
Net Margin = 17.38% (Net Income TTM 7.19b / Revenue TTM 41.35b)
Gross Margin = 62.91% ((Revenue TTM 41.35b - Cost of Revenue TTM 15.34b) / Revenue TTM)
Gross Margin QoQ = 68.61% (prev 61.49%)
Tobins Q-Ratio = 0.12 (Enterprise Value 84.90b / Total Assets 695.36b)
Interest Expense / Debt = 4.75% (Interest Expense 3.71b / Debt 77.98b)
Taxrate = 20.70% (524.0m / 2.53b)
NOPAT = 7.21b (EBIT 9.09b * (1 - 20.70%))
Current Ratio = 0.12 (Total Current Assets 66.64b / Total Current Liabilities 541.60b)
Debt / Equity = 1.23 (Debt 77.98b / totalStockholderEquity, last quarter 63.34b)
Debt / EBITDA = 1.15 (Net Debt 11.35b / EBITDA 9.89b)
Debt / FCF = 1.52 (Net Debt 11.35b / FCF TTM 7.48b)
Total Stockholder Equity = 60.86b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.03% (Net Income 7.19b / Total Assets 695.36b)
RoE = 11.81% (Net Income TTM 7.19b / Total Stockholder Equity 60.86b)
RoCE = 7.65% (EBIT 9.09b / Capital Employed (Equity 60.86b + L.T.Debt 58.00b))
RoIC = 5.67% (NOPAT 7.21b / Invested Capital 127.13b)
WACC = 6.78% (E(73.55b)/V(151.54b) * Re(9.98%) + D(77.98b)/V(151.54b) * Rd(4.75%) * (1-Tc(0.21)))
Discount Rate = 9.98% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.03%
[DCF Debug] Terminal Value 67.80% ; FCFE base≈8.42b ; Y1≈6.97b ; Y5≈5.07b
Fair Price DCF = 44.10 (DCF Value 68.63b / Shares Outstanding 1.56b; 5y FCF grow -20.72% → 3.0% )
EPS Correlation: -7.12 | EPS CAGR: 0.60% | SUE: 4.0 | # QB: 7
Revenue Correlation: 52.30 | Revenue CAGR: 7.60% | SUE: 0.55 | # QB: 0

Additional Sources for USB Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle