NYSE:USB.PRM

Stock Analysis Report

Executive Summary

U.S. Bancorp, a financial services holding company, provides various financial services in the United States.

Snowflake

Fundamentals

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has U.S. Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.0%

NYSE:USB.PRM

3.3%

US Banks

2.1%

US Market


1 Year Return

-0.04%

NYSE:USB.PRM

-13.8%

US Banks

-0.04%

US Market

USB.PRM outperformed the Banks industry which returned -14.8% over the past year.

USB.PRM matched the United States of America Market (0.2%) over the past year.


Share holder returns

USB.PRMIndustryMarket
7 Day1.0%3.3%2.1%
30 Day3.0%-7.0%-3.2%
90 Day4.0%-2.3%2.8%
1 Year6.2%-0.04%-11.3%-13.8%2.2%-0.04%
3 Year7.3%-9.7%42.5%32.7%41.5%32.3%
5 Year27.5%-4.0%54.2%37.6%55.0%37.8%

Price Volatility Vs. Market

How volatile is U.S. Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is U.S. Bancorp undervalued based on future cash flows and its price relative to the stock market?

22%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

U.S. Bancorp's share price is below the future cash flow value, and at a moderate discount (> 20%).

U.S. Bancorp's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

U.S. Bancorp is good value based on earnings compared to the US Banks industry average.

U.S. Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

U.S. Bancorp is poor value based on expected growth next year.


Price Based on Value of Assets

U.S. Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is U.S. Bancorp expected to perform in the next 1 to 3 years based on estimates from 17 analysts?

0.03%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

U.S. Bancorp's revenue is expected to grow by 3.1% yearly, however this is not considered high growth (20% yearly).

U.S. Bancorp's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

U.S. Bancorp's revenue growth is positive but not above the United States of America market average.

U.S. Bancorp's earnings growth is positive but not above the United States of America market average.

U.S. Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

U.S. Bancorp is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has U.S. Bancorp performed over the past 5 years?

4.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

U.S. Bancorp's year on year earnings growth rate has been positive over the past 5 years.

U.S. Bancorp's 1-year earnings growth exceeds its 5-year average (7.7% vs 4.4%)

U.S. Bancorp's earnings growth has not exceeded the US Banks industry average in the past year (7.7% vs 33.2%).


Return on Equity

U.S. Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

U.S. Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if U.S. Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is U.S. Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

U.S. Bancorp has an acceptable proportion of non-loan assets held.

U.S. Bancorp has a sufficient allowance for bad loans.

U.S. Bancorp's liabilities are made up of primarily low risk sources of funding.

U.S. Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at U.S. Bancorp are broadly funded by customer deposits.

U.S. Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is U.S. Bancorp's current dividend yield, its reliability and sustainability?

3.28%

Expected Dividend Yield


Dividend Yield and Payments Analysis

U.S. Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

U.S. Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.9x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).


Next Steps

Management

What is the CEO of U.S. Bancorp's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

Andy Cecere (58yo)

2.3yrs

Tenure

US$13,437,128

Compensation

Mr. Andrew Cecere, also known as Andy, has been the Chief Executive Officer and President of U.S. Bancorp and U.S. Bank National Association since April 18, 2017 and January 19, 2016. Mr. Cecere served as  ...


CEO Compensation Analysis

Andy's remuneration is about average for companies of similar size in United States of America.

Andy's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.8yrs

Average Tenure

54yo

Average Age

The tenure for the U.S. Bancorp management team is about average.


Board Age and Tenure

5.1yrs

Average Tenure

59.5yo

Average Age

The tenure for the U.S. Bancorp board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Andy Cecere (58yo)

    Chairman

    • Tenure: 2.3yrs
    • Compensation: US$13.44m
  • Terry Dolan (57yo)

    Vice Chairman & CFO

    • Tenure: 3.0yrs
    • Compensation: US$5.14m
  • Jim Chosy (55yo)

    Executive VP & General Counsel

    • Tenure: 6.4yrs
  • Gunjan Kedia (48yo)

    Vice Chairman of Wealth Management & Investment Services

    • Tenure: 1.6yrs
    • Compensation: US$3.45m
  • Shailesh Kotwal (54yo)

    Vice Chairman of Payment Services

    • Tenure: 4.4yrs
    • Compensation: US$3.47m
  • Jen Thompson

    Executive Vice President of Investor Relations

    • Tenure: 0.0yrs
  • Eric Freedman

    Chief Investment Officer

    • Tenure: 2.8yrs
  • Jeffry von Gillern (53yo)

    Vice Chairman of Technology & Operations Services

    • Tenure: 0.0yrs
    • Compensation: US$3.78m
  • Kate Quinn (54yo)

    Vice Chairman & Chief Administrative Officer

    • Tenure: 2.3yrs
  • Dana Ripley

    Chief Communications Officer - Public Affairs & Communications

    • Tenure: 0.0yrs

Board Members

  • Art Collins (71yo)

    Director

    • Tenure: 23.6yrs
    • Compensation: US$347.66k
  • Andy Cecere (58yo)

    Chairman

    • Tenure: 2.3yrs
    • Compensation: US$13.44m
  • Warner Baxter (57yo)

    Director

    • Tenure: 3.7yrs
    • Compensation: US$358.16k
  • David O'Maley (72yo)

    Lead Director

    • Tenure: 2.6yrs
    • Compensation: US$391.16k
  • Jeff Jones (57yo)

    Member of the Advisory Board & President of Corporate Payment Systems for U.S. Bank

    • Tenure: 0.0yrs
  • O'dell Owens (71yo)

    Director

    • Tenure: 28.6yrs
    • Compensation: US$342.50k
  • Roland Hernandez (61yo)

    Director

    • Tenure: 7.6yrs
    • Compensation: US$365.83k
  • Craig Schnuck (70yo)

    Director

    • Tenure: 17.6yrs
    • Compensation: US$334.50k
  • Rick McKenney (50yo)

    Director

    • Tenure: 1.8yrs
    • Compensation: US$339.00k
  • Scott Wine (52yo)

    Director

    • Tenure: 5.1yrs
    • Compensation: US$353.00k

Company Information

U.S. Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: U.S. Bancorp
  • Ticker: USB.PRM
  • Exchange: NYSE
  • Founded: 1863
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: US$82.022b
  • Shares outstanding: 1.58b
  • Website: https://www.usbank.com

Number of Employees


Location

  • U.S. Bancorp
  • 800 Nicollet Mall
  • Minneapolis
  • Minnesota
  • 55402
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
USBSNSE (Santiago Stock Exchange)YesCommon StockCLUSDJan 1980
USBNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1980
0LHYLSE (London Stock Exchange)YesCommon StockGBUSDJan 1980
UB5DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1980
USB *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1980
USBCWBAG (Wiener Boerse AG)YesCommon StockATEURJan 1980
USB.PRHNYSE (New York Stock Exchange)PFD B 1/1000DPUSUSDMar 2006
USBBASE (Buenos Aires Stock Exchange)CEDEAR EACH REPR 1 COM(USD)ARARSDec 2007
USB.PRMNYSE (New York Stock Exchange)DEP SHS PFD FUSUSDJan 2012
USB.PRONYSE (New York Stock Exchange)PFD 1/1000 PRP HUSUSDMay 2013
USBC34BOVESPA (Bolsa de Valores de Sao Paulo)EACH BDR REPR 1 COM USD0.01BRBRLDec 2014
UB5BBST (Boerse-Stuttgart)5.3%-FRN PERP USD 'J'DEUSDFeb 2017
USB.PRPNYSE (New York Stock Exchange)DEP PERP PFD KUSUSDAug 2018

Biography

U.S. Bancorp, a financial services holding company, provides various financial services in the United States. It operates in five segments: Corporate and Commercial Banking, Consumer and Business Banking,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 00:44
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.