U.S. Bancorp (USB) - Company Profile - 2026-04-28

April 28, 2026 at 09:00 ET

Company Overview

This profile covers U.S. Bancorp (USB) as of 2026-04-28. U.S. Bancorp is a U.S.-based financial services holding company headquartered in Minneapolis, Minnesota, with a history dating to 1863. The company provides a broad range of financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions across its domestic markets. U.S. Bancorp operates through four primary segments: Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support. The business offers depository services (checking, savings, and time certificates) and lending services (traditional credit products, credit cards, lease financing, and trade finance, among others such as agricultural finance and asset-backed lending). The firm also delivers cash management, capital markets, and trust and investment management services, as well as ancillary services including treasury management and receivable lock-box operations for corporate and governmental clients. Additional offerings include asset management and fiduciary services, investment and insurance products, fund administration for mutual funds, corporate and purchasing card programs, mortgage banking, insurance, brokerage, and leasing. The company emphasizes its U.S. domestic footprint and aims to leverage scale and client relationships across its operating segments.

Business and Operations

U.S. Bancorp builds its franchise on a diversified set of financial services delivered through multiple client segments. Its operations target individuals, small and middle-market businesses, large corporate and institutional clients, and governmental entities. The company concentrates on four main segments: Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support, with a network that includes branches, digital platforms, and payment processing capabilities across the United States. Key product areas include depository services, lending products (including credit cards and lease financing), cash management, capital markets, and fiduciary services. Additional offerings cover asset management, fund administration, corporate trust services, and insurance and investment products. U.S. Bancorp’s domestic focus and long-standing banking franchise underpin its scale, customer relationships, and cross-segment service capabilities.

Fundamental Metrics

Market cap: $87.03B
Enterprise value: $125.10B
P/E (trailing): 11.73
P/E (forward): 9.94
P/B: 1.49
[P/S](https://aksoycapital.com/glossary/price-to-sales-ps.html): 3.27
PEG: 1.90
Profit margin: 29.29%
Operating margin: 37.84%
ROE: 12.35%
[ROA](https://aksoycapital.com/glossary/return-on-assets-roa.html): 1.14%
Debt/Equity: n/a
[Current ratio](https://aksoycapital.com/glossary/current-ratio.html): n/a
Revenue (TTM): $26.65B
Revenue growth (YoY): 4.60%
Earnings growth (YoY): 14.80%
Free cash flow: n/a
Dividend yield: 368.00%
Payout ratio: 43.19%
Beta: 1.03

Share Structure and Ownership

Shares outstanding: 1,555,000,000
Float: 1,550,241,700
Insider held: 0.13%
Institutional held: 82.94%
Short ratio (days to cover): 0.00
Short % of float: 0.00%
Top institutional holders:

- Vanguard Group Inc: 9.43%

- BlackRock Inc.: 8.32%

- State Street Corporation: 4.49%

- FMR, LLC: 4.03%

- JPMORGAN CHASE & CO: 3.13%

Trading Activity

Last close: $55.97 on 2026-04-27
1-month change: +8.49%
3-month change: -0.37%
Year-to-date (YTD) change: +3.78%
1-year change: +39.30%
52-week high: $61.19
52-week low: $39.28
[Drawdown](https://aksoycapital.com/glossary/drawdown.html) from 52W high: -8.53%
30-day average volume: 9,907,290
90-day average volume: 10,496,961

Recent Price Action

Over the last month, USB rose 8.49% to a close of $55.97 on 2026-04-27. The three-month period shows a slight decline of 0.37%, while the year-to-date performance stands around +3.78%. The stock has traded within a 52-week range of $39.28 to $61.19, with a noted drawdown from the 52-week high of 8.53%. The one-year return is approximately +39.30%.

Strengths

Diversified financial services platform across Wealth, Corporate, Consumer and Business Banking, Payment Services, and Treasury and Corporate Support segments.
Large-scale, domestically focused franchise with a market cap of $87.03B and substantial institutional ownership (82.94%).
Solid profitability metrics: Profit margin 29.29% and operating margin 37.84%.
Return metrics indicate earnings efficiency: ROE 12.35% and ROA 1.14%.
Revenue and earnings growth: Revenue growth YoY 4.60%; Earnings growth YoY 14.80%.
Valuation context: P/E trailing 11.73 and forward 9.94; P/B 1.49; P/S 3.27.
Dividend framework: Dividend yield listed at 368.00% with a payout ratio of 43.19%.
Liquidity and trading activity: 30-day average volume around 9.9 million and 90-day average around 10.5 million.
Ownership concentration: Top institutional holders include Vanguard, BlackRock, State Street, FMR, and JPMorgan Chase, indicating broad, long-term institutional interest.

Considerations

Enterprise value ($125.10B) exceeds reported market cap ($87.03B), reflecting the accounting treatment of liabilities and other components beyond market capitalization.
Dividend yield is unusually high in the data set (368.00%), paired with a payout ratio of 43.19%; interpretation should consider data source reliability and context.
Valuation metrics show a forward P/E of 9.94 and a trailing P/E of 11.73, which may warrant cross-checking against peers for relative positioning.
Some liquidity indicators (Debt/Equity and Current ratio) are listed as not available (n/a), limiting certain leverage and liquidity comparisons.
Short interest metrics show a short ratio of 0.00 days to cover and 0.00% of float, which may reflect current reporting conventions or data gaps.
The 52-week range indicates the stock trades within a broad band, with a notable high near $61.19 and a low near $39.28, signaling exposure to domestic rate and macroeconomic shifts.
The beta of 1.03 suggests exposure to overall market movements with near-market sensitivity.
The data reflect a domestic-focused business profile; external regulatory and macroeconomic factors could influence future operating and financial results.

Summary

U.S. Bancorp is a U.S.-based, domestically focused financial services holding company with a diversified revenue stream across traditional banking, payments, wealth, and asset management activities. The company reports a TTM revenue of $26.65B, profit margin of 29.29%, and ROE of 12.35%, with a last trade near $56.00 on 2026-04-27 and a one-year return around +39.30%. Enterprise value stands at $125.10B against a market cap of $87.03B, and the stock displays a forward P/E of 9.94. The institutional ownership base is strong (82.94%), with top holders including Vanguard and BlackRock.