U.S. Bancorp (USB)

Over the past six months, U.S. Bancorp's stock has increased by 2.2%. Key events include strong second-quarter results in July 2025, with earnings per share exceeding expectations and net income growing by 13% annually. In April 2025, first-quarter earnings outperformed expectations, with revenue rising 3.6% year-over-year, although the stock dipped by 2.1% after the release. The company announced a first-quarter dividend of $0.50 per share in June 2025 and planned a 2% increase in its quarterly common stock dividend. Analyst ratings were upgraded by Raymond James and Wolfe Research, while JP Morgan downgraded its outlook. U.S. Bancorp commented on the Dodd-Frank Act Stress Test results, expecting a preliminary stress capital buffer of 3.1%. A new CEO was appointed at the beginning of 2025, focusing on stabilizing expenses, driving organic growth, and transforming its payments business.

While specific seasonality details are not extensively detailed, general banking industry trends and some specific mentions provide insight. Card revenue experienced a sequential dip in the first quarter of 2025 due to seasonal factors. Loan demand is influenced by consumer environment and interest rate changes. The mortgage business can see strong demand based on housing and refinancing rates. The payments business is largely unaffected by interest rate fluctuations, providing a stable revenue stream, and sales volumes were above 2019 levels by mid-2021.

U.S. Bancorp is a financial services holding company headquartered in Minneapolis, Minnesota, and is one of the largest regional banks in the United States. It operates within the Financial Services sector, providing a range of financial services to individuals, businesses, and institutions, including consumer and business banking, investment and wealth management, and payment services. The company emphasizes innovation and efficiency, investing in digital banking technology, and its payments business is a significant revenue contributor.

U.S. Bancorp has over 2,000 retail branches in 26 states, primarily in the Midwest and Western markets, with recent expansion to the East Coast. While its branch network is largely domestic, U.S. Bancorp maintains a worldwide digital footprint. The acquisition of MUFG Union Bank's consumer business in 2022 strengthened its presence in the Western United States.

U.S. Bancorp maintains a strong brand reputation, recognized for its stability, reliability, and customer service. The company was named one of the 2024 World's Most Ethical Companies by the Ethisphere Institute and was recognized as Fortune's most admired superregional bank. U.S. Bank is in the top 5% of global companies assessed on the CDP A List for climate change action, indicating its commitment to environmental sustainability.

U.S. Bancorp's ownership is predominantly institutional, with approximately 81% to 82% of the company's shares held by institutional investors. The general public holds about 18% ownership, while insiders own less than 1% of the company. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp.