US Bancorp up on Q3 profit beat

U.S. Bancorp

15/10/2026 20:02

** US Bancorp's USB.N shares rise 2% to $57.40 in afternoon trading
** Co reports quarterly net profit of $2.20 billion, above analysts' estimate of $2.06 billion, according to data compiled by LSEG
** Q3 net interest income of $4.47 billion, however, fell short of analysts' estimate of $4.49 billion
** 15 of 24 brokerages rate the stock "buy" or higher, 8 "hold" and 1 "sell"; median PT $68
** Stock trading at 9.88 times expected EPS over the next 12 months, below industry median of 10.02
** Including session's move, USB up over 7% YTD

 (Reporting by Jayasree Prabhu)
 ((jayasree.prabhu@thomsonreuters.com))