US Bancorp Q3 profit rises on higher interest income

US Bancorp

16/10/2025 12:03

Overview

US Bancorp Q3 revenue of $7.329 bln beats analyst expectations

Diluted EPS for Q3 increased 18.4% yr/yr to $1.22

Net income for Q3 rises 16.7% yr/yr to $2.001 bln

Outlook

Company remains confident in delivering sustainable growth and disciplined risk management

Company sees strong asset quality and capital levels

Result Drivers

FEE REVENUE GROWTH - Record net revenue driven by a 9.5% increase in fee revenue

NET INTEREST INCOME - Solid growth in net interest income and margin expansion supported revenue

EFFICIENCY IMPROVEMENT - Improved efficiency ratio contributed to profitability

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$7.32 bln
$7.15 bln (11 Analysts)
Q3 EPS
$1.22
Q3 Net Income
$2 bln
Q3 Net Interest Income
$4.22 bln
Q3 CET1 Capital Ratio
10.90%
Q3 Credit Loss Provision
$571 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for US Bancorp is $54.00, about 14% above its October 15 closing price of $46.45

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)