US Bancorp Q4 revenue slightly beats estimates, net income rises

US Bancorp

20/01/2026 11:59

Overview

US Bancorp's Q4 2025 revenue slightly beat analyst expectations

Net income for Q4 2025 rose 23% yr/yr

Company to acquire BTIG, expanding capital markets capabilities

Outlook

US Bancorp did not provide specific financial guidance for 2026 in its press release

Result Drivers

FEE REVENUE GROWTH - Record net revenue driven by a 7.6% increase in fee revenue, exceeding growth targets

NET INTEREST INCOME - Growth in net interest income supported by record consumer deposits and balance sheet remixing

POSITIVE OPERATING LEVERAGE - Achieved 440 basis points of positive operating leverage, driven by record net revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$7.37 bln
$7.31 bln (12 Analysts)
Q4 EPS
$1.26
Q4 Net Income
$2.05 bln
Q4 Net Interest Income
$4.28 bln
Q4 CET1 Capital Ratio
10.80%
Q4 Credit Loss Provision
$577 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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 $60.00, about 10.3% above its January 16 closing price of $54.40

The stock recently traded at 11 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.)