US Bancorp
About: With assets of around $680 billion, U.S. Bancorp is one of the largest regional banks in the us with its footprint in 26 states. The bank's branch network is mostly in the midwestern and western markets. U.S. Bancorp has a comprehensive product set, with offerings in retail and commercial banking, credit cards, mortgages, payment services, trust, and wealth services.
Employees: 75,465
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
66% more first-time investments, than exits
New positions opened: 146 | Existing positions closed: 88
11% more capital invested
Capital invested by funds: $51B [Q2] → $56.8B (+$5.79B) [Q3]
2% more funds holding
Funds holding: 1,649 [Q2] → 1,683 (+34) [Q3]
8% more call options, than puts
Call options by funds: $569M | Put options by funds: $529M
0% more funds holding in top 10
Funds holding in top 10: 24 [Q2] → 24 (+0) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 622 | Existing positions reduced: 671
2.74% less ownership
Funds ownership: 82.3% [Q2] → 79.56% (-2.74%) [Q3]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Morgan Stanley Betsy Graseck 80% 1-year accuracy 44 / 55 met price target | 20%upside $59 | Overweight Maintained | 17 Jan 2025 |
Oppenheimer Chris Kotowski 95% 1-year accuracy 74 / 78 met price target | 28%upside $63 | Outperform Maintained | 17 Jan 2025 |
Truist Securities John McDonald 0 / 0 met price target | 10%upside $54 | Hold Initiated | 7 Jan 2025 |
Barclays Jason Goldberg 75% 1-year accuracy 42 / 56 met price target | 24%upside $61 | Overweight Maintained | 6 Jan 2025 |
DA Davidson Peter Winter 94% 1-year accuracy 15 / 16 met price target | 22%upside $60 | Buy Upgraded | 2 Jan 2025 |
Financial journalist opinion
Based on 38 articles about USB published over the past 30 days