U.S. Bancorp (USB)

In the past six months, U.S. Bancorp's stock price has seen an increase of 12.87% from June 26, 2024, to June 25, 2025, with the share price rising from $39.71 to $44.82. U.S. Bancorp outperformed Wall Street expectations in its first-quarter 2025 earnings report, reporting a net income of $1.60 billion, or $1.03 per share. Noninterest income surged 5% year-over-year in Q1 2025, driven by a 24.7% increase in mortgage banking fees and a 1.7% rise in trust and investment management fees. The bank's efficiency ratio improved in Q1 2025, and noninterest expenses fell 5.1% year-over-year. Strategic partnerships and product launches are designed to mitigate revenue volatility.

Demand seasonality for U.S. Bancorp's products and services can be observed in certain areas. Card revenue experienced a sequential dip in the first quarter of 2025 due to seasonal factors. There are indications of seasonal operational deposit flows, particularly in corporate banking and trust businesses. Historically, a seasonal trading strategy has identified July, October, and November as months for entering long positions.

U.S. Bancorp is a financial services holding company and the parent company of U.S. Bank National Association. It operates within the Financial Services sector, specifically in the Banks-Regional industry. The company provides a comprehensive suite of financial services to a diverse customer base, including individuals, businesses, institutional organizations, governmental entities, and other financial institutions. U.S. Bancorp's major products and services encompass consumer and business banking, payment services, wealth management and investment services, corporate and commercial banking, and other services such as insurance, leasing, and fund administration services.

U.S. Bancorp is headquartered in Minneapolis, Minnesota, and operates as a global company with a worldwide digital footprint. Its retail branch network in the United States is concentrated in the Midwest and West, with a recent expansion to the East Coast. The company has more than 2,000 branches across 26 states.

U.S. Bancorp has a strong brand reputation for stability, reliability, and customer service. The company has been recognized as one of the World's Most Ethical Companies and one of Fortune's most admired superregional banks. The successful integration of Union Bank expanded U.S. Bancorp's reach, and Union Bank customers have shown faster-than-expected adoption of U.S. Bank's digital capabilities. In early 2023, U.S. Bancorp demonstrated its financial strength and ability to manage deposit flows. U.S. Bank has earned a spot on the Ethisphere Institute's World's Most Ethical Companies list and is in the top 5% of global companies assessed on the CDP A List for climate change action.

U.S. Bancorp is a publicly traded company owned by its shareholders, with institutional investors holding a significant majority of 81%. The general public holds 18% ownership, and insiders own less than 1%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Top mutual fund holders include Vanguard Total Stock Market Index Fund Investor Shares, Vanguard 500 Index Fund Investor Shares, and Schwab U.S. Dividend Equity ETF.