Hansen, Mueller Industries director, sells $105,710 in stock
Investing.com - TD Cowen raised its price target on U.S. Bancorp (NYSE:USB) to $60.00 from $59.00 on Monday, while maintaining a Buy rating on the banking stock. The $71.8 billion market cap bank currently trades near InvestingPro’s Fair Value estimate.
The research firm cited U.S. Bancorp’s "clean quarter" with accelerating revenues (up 4.48% over the last twelve months), controlled expenses, and fee momentum as key factors behind the modest price target increase.
TD Cowen noted that the bank is "beginning to hit their stride on execution" with improving fundamentals and strong performance in its payments franchise, which the firm described as the company’s "crown jewel." The bank’s overall financial health is rated as GOOD by InvestingPro, with 13 analysts recently revising their earnings estimates upward.
The analyst report highlighted that U.S. Bancorp shares currently trade at 9.2 times estimated 2026 earnings per share and 1.6 times estimated 2025 tangible book value.
Following the earnings report, TD Cowen continues to see "solid revenue momentum along with notable acceleration" in the company’s payments business, leading to its conclusion that shares remain "attractively valued."
In other recent news, U.S. Bancorp reported its third-quarter earnings for 2025, exceeding analysts’ expectations. The company achieved an earnings per share of $1.22, surpassing the forecasted $1.12, which represents an 8.93% surprise. Additionally, U.S. Bancorp’s revenue reached $7.3 billion, higher than the anticipated $7.16 billion. In a related development, DA Davidson raised its price target for U.S. Bancorp to $59 from $57, maintaining a Buy rating on the stock. The firm highlighted the bank’s strong year-over-year positive operating leverage of 530 basis points in the third quarter. This marks the fourth consecutive quarter with operating leverage of 190 basis points or greater. These developments reflect positively on U.S. Bancorp’s financial health and operational efficiency.
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