Street View: U.S. Bancorp well-positioned to gain
USB•Broker views remain constructive
Median PT of 25 brokerages covering the stock is $68 - LSEG-compiled data.
- KBW (
market perform, PT: $66) says USB's "fundamental outlook remains bright" supported by better fee income expectations. - D.A. Davidson (
buy, PT: $74) says "profitability metrics are at upper end of peers, capital levels are building and if USB can sustain the strong revenue momentum, USB should regain its premium valuation". - Jefferies (
buy, PT: $75) says USB's pending Amazon card portfolio acquisition, expected to close in mid-August, is set to boost loan growth, improve asset mix and expand net interest income. - Morningstar (fair value: $62) says while cross-selling BTIG products to existing USB clients could create some revenue opportunities, the 10% revenue share target appears "ambitious".
U.S. Bancorp posts record quarterly revenue
U.S. Bancorp USB.N reported record quarterly revenue on Thursday, benefiting from robust loan growth and broad-based fee income, while its acquisition of investment bank BTIG provided an additional boost.




