US Bancorp reports results for the quarter ended June 30 - Earnings Summary
US Bancorp reports results for the quarter ended June 30 - Earnings Summary
US Bancorp USB.N reported quarterly adjusted earnings of $1.35 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.11. The mean expectation of twenty analysts for the quarter was for earnings of $1.28 per share. Wall Street expected results to range from $1.22 to $1.33 per share.
Revenue rose 10.2% to $7.69 billion from a year ago; analysts expected $7.58 billion.
US Bancorp's reported EPS for the quarter was $1.35.
The company reported quarterly net income of $2.1 billion.
US Bancorp shares had risen by 4.3% this quarter and gained 18.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.8% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for US Bancorp is $66.50, about 5.2% above its last closing price of $63.01
This summary was machine generated from LSEG data July 16 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.28 | 1.35 | Beat |
Mar. 31 2026 | 1.14 | 1.18 | Beat |
Dec. 31 2025 | 1.19 | 1.26 | Beat |
Sep. 30 2025 | 1.12 | 1.22 | Beat |
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U.S. Bancorp reports results for the quarter ended September 30 - Earnings Summary