U.S. Bancorp (USB) Stock

About U.S. Bancorp

U.S. Bancorp (USB) functions as a broad-based financial services holding company, delivering a comprehensive spectrum of banking and financial solutions throughout the United States. Its diverse customer base includes individual consumers, various businesses, institutional organizations, governmental bodies, and other financial entities. The company organizes its operations across key segments: Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support. Its offerings encompass fundamental depository services such as checking accounts, savings accounts, and time certificates. U.S. Bancorp also extends a variety of credit facilities, including traditional lending products, credit card services, lease financing, support for import/export trade, asset-backed lending, and agricultural finance. Furthermore, it provides supplementary services like capital markets access, treasury management, and receivable lock-box collection for its corporate and governmental clients. The firm also offers a full suite of asset management and fiduciary services designed for individuals, estates, foundations, corporations, and charitable organizations. Beyond these, the company supplies investment and insurance products, predominantly to customers within its operating regions, and delivers fund administration services to a range of mutual and other investment funds. Its portfolio also includes corporate and purchasing card services, corporate trust management, and merchant processing. U.S. Bancorp's capabilities additionally span investment management, ATM network operation, mortgage banking, insurance provision, brokerage activities, and leasing services. As of December 31, 2021, the company distributed its products and services through a physical network of 2,230 banking branches, mainly concentrated in the Midwest and Western United States. Digital access was also extensively provided via online platforms, mobile devices, and other electronic channels. Additionally, it managed a network of 4,059 ATMs. Founded in 1863, U.S. Bancorp is headquartered in Minneapolis, Minnesota.

U.S. Bancorp is led by CEO Gunjan Kedia, employs 70,000 people, headquartered in Minneapolis, US, publicly traded since 1973.

U.S. Bancorp (USB) stock trades at $62.82 with a market capitalization of $97.86B. The stock is valued at a price-to-earnings (P/E) ratio of 13.18, price-to-book of 1.49, price-to-sales of 2.26. Over the past 52 weeks the stock has ranged between $43.46 and $64.63, and currently trades 2.8% below its 52-week high. It pays a dividend yielding 3.31%.

On profitability, U.S. Bancorp generates a return on equity (ROE) of 12.22%, above the typical market average, return on capital employed of 6.48%, an operating margin of 23.18%, a net profit margin of 18.02%.

In its most recent fiscal year, U.S. Bancorp reported annual revenue of $42.9B, net profit of $7.6B, revenue has compounded at 11.2% a year over the last five years, profit at 8.8% a year.

The balance sheet shows a debt-to-equity ratio of 1.20, a current ratio of 0.40, total assets of $692.3B, $46.9B in cash and equivalents.

USB has an average daily trading volume of 8,969,291 shares, a beta of 0.98.

Official website: www.usbank.com