Street View: U.S. Bancorp to benefit from Amazon credit card partnership

US Bancorp

17/04/2026 12:40

** U.S. Bancorp USB.N on Thursday posted a 13.6% increase in first‑quarter profit, driven by higher interest income and fee revenue

** Median PT of 25 brokerages covering the stock is $62 - LSEG-compiled data

AMAZON EFFECT BUILDS

** Jefferies ("hold," PT: $60) says Amazon small-business credit card partnership could act as a catalyst for improving asset mix, boosting net interest income and supporting long‑term expansion of co's small‑business franchise

** RBC Capital Markets ("outperform," PT: $61) says Amazon partnership could support loan and revenue growth, and is likely to build loan‑loss reserves as the loans move onto its balance sheet

** Morningstar (fair value: $63) says Amazon partnership should support balance‑sheet growth and boost payment fee income, while USB’s strong value proposition for AMZN’s small‑business clients could also drive additional cross‑selling revenue

** Barclays ("overweight," PT: $67) says the AMZN partnership lets USB extend its digital platform into the small‑business space, strengthening its ability to win more co‑brand partnerships

 (Reporting by Kanishka Ajmera in Bengaluru)

 ((Kanishka.Ajmera@thomsonreuters.com))