Is U.S. Bancorp (USB) overvalued or fairly valued?

MarketChacha shows U.S. Bancorp's valuation in context — a trailing P/E of about 12.1, a forward P/E of about 10.1, a price-to-book of about 1.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does U.S. Bancorp's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.44×) from reported figures — education, not a rating.

What is U.S. Bancorp's revenue?

U.S. Bancorp reported revenue of $28.7B for FY2025, with net profit of $7.6B, per official filings.

What is the share price of U.S. Bancorp (USB)?

U.S. Bancorp last traded at $58.83 (+1.7% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

U.S. Bancorp

USB · NYSE · Financials · United States

Snapshot

TickerUSB

ExchangeNYSE

SectorFinancials

IndustryBanks - Regional

CountryUnited States

Employees70,000

HeadquartersMinneapolis, United States

Websitewww.usbank.com

Filings tracked18

About U.S. Bancorp

U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. The company operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments. It offers depository services, including checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products and credit card services, lease financing and import/export trade, agricultural finance, asset-backed lending, and other products. The company also provides cash management, capital markets, and trust and investment management services; and ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers. In addition, it offers asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations; and investment and insurance products to its customers principally within its domestic markets, as well as fund administration services to mutual and other funds. Further, the company provides corporate and purchasing card, and corporate trust services; and credit card services, merchant and ATM processing, mortgage banking, insurance, brokerage and leasing services. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Who owns it

Insiders0.1%
Institutions84.5%
Public & other15.4%

2,616 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.16%
Vanguard Capital Management LLC6.50%
State Street Corporation4.69%
JPMORGAN CHASE & CO3.83%
FMR, LLC3.29%
MUFG Bank Ltd2.85%
Geode Capital Management, LLC2.52%
Morgan Stanley1.96%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.44×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend19.3% → 26.4%

Margin has expanded by about 7.1 points — the business is getting more profitable.

Growth qualityrev 1% · PAT 18%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $8.1B · EPS 1.31

Est. earnings growth +8.7%

Next fiscal year

Rev $33.3B · EPS 5.83

Est. earnings growth +9.2%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$28.7B

Net margin

26.4%

ROE

11.6%

Revenue CAGR (2y)

+0.9%

Profit CAGR (2y)

+18.1%

EPS (FY2025)

4.62

Net profit (FY2025)

$7.6B

Ask MarketChacha about USB

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$28.7B	$7.6B	4.62	26.4%	11.6%
FY2024	$27.5B	$6.3B	3.79	22.9%	10.8%
FY2023	$28.1B	$5.4B	3.27	19.3%	9.8%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$7.7B	$2.2B	1.35	28.2%
2026Q1	$7.3B	$1.9B	1.18	26.7%
2025Q3	$7.3B	$2.0B	1.22	27.3%
2025Q2	$7.0B	$1.8B	1.11	25.9%
2025Q1	$7.0B	$1.7B	1.03	24.6%
2024Q3	$6.9B	$1.7B	1.03	25.0%
2024Q2	$6.9B	$1.6B	0.97	23.3%
2024Q1	$6.7B	$1.3B	0.78	19.6%
2023Q3	$7.0B	$1.5B	0.91	21.7%
2023Q2	$7.2B	$1.4B	0.84	19.0%
2023Q1	$7.2B	$1.7B	1.04	23.7%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/6/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/16/2026material
8-K — Other events, Exhibits
SEC6/24/2026material
10-Q filing
SEC5/4/2026
8-K — Shareholder vote results, Exhibits
SEC4/23/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC4/16/2026material
8-K — Reg FD disclosure, Exhibits
SEC4/8/2026material
8-K — Other events, Exhibits
SEC3/9/2026material
10-K filing
SEC2/23/2026
8-K — Executive/director change, Exhibits
SEC1/29/2026material
8-K — Executive/director change, Exhibits
SEC1/28/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC1/20/2026material
8-K — Unregistered equity sale, Reg FD disclosure, Exhibits
SEC1/13/2026material

2025

8-K — Reg FD disclosure, Exhibits
SEC11/6/2025material
10-Q filing
SEC11/5/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/16/2025material
8-K — Material agreement, Exhibits
SEC8/14/2025material
10-Q filing
SEC8/7/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.