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Why U.S. Bancorp (USB) Stock Is Up Today

Investivoq PriceTracker

U.S. Bancorp (USB) is up 3.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is U.S. Bancorp’s third-quarter 2026 earnings release on October 15, 2026, which showed stronger profit, higher net interest income, and solid fee growth. The move also appears tied to improving operating trends, including stronger capital markets activity and deposit growth, which likely helped investors look past a small revenue shortfall versus some estimates.

Details:

  • U.S. Bancorp reported third-quarter diluted earnings per share of $1.34, up from $1.22 a year earlier, while net income rose 10.0% to $2.202 billion.
  • Record net revenue reached $7.97 billion, with net interest income up 5.6% year over year and fee revenue up 14.9%.
  • Management highlighted a 69.3% year-over-year jump in capital markets revenue, helped by the BTIG acquisition, along with 6.5% growth in combined payments revenue.
  • The company also posted better operating efficiency, a higher net interest margin, and year-over-year growth in both average deposits and average loans.

    • Sources:

    U.S. Bancorp, SEC, Investing.com

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $USB Insider Trading Activity

    USB Insider Trades

    $USB insiders have traded $USB stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

    Here’s a breakdown of recent trading of $USB stock by insiders over the last 6 months:

    • STEPHEN L PHILIPSON (Vice Chair) sold 36,906 shares for an estimated $2,327,919
    • JODI L RICHARD (Vice Chair) sold 40,000 shares for an estimated $2,280,040
    • VENKATACHARI DILIP (SEVP & Chief Info & Tech Off) sold 34,522 shares for an estimated $1,916,661
    • GUNJAN KEDIA (President & CEO) sold 27,267 shares for an estimated $1,700,670
    • JAMES L CHOSY (Senior EVP and General Counsel) sold 22,968 shares for an estimated $1,453,415

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $USB Hedge Fund Activity

    We have seen 910 institutional investors add shares of $USB stock to their portfolio, and 860 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • JPMORGAN CHASE & CO added 59,686,029 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,605,036,151
    • NORGES BANK removed 15,432,554 shares (-43.6%) from their portfolio in Q2 2026, for an estimated $932,126,261
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 10,450,430 shares (+inf%) to their portfolio in Q2 2026, for an estimated $631,205,972
    • FMR LLC removed 5,887,169 shares (-10.3%) from their portfolio in Q2 2026, for an estimated $355,585,007
    • BALYASNY ASSET MANAGEMENT L.P. added 4,434,891 shares (+inf%) to their portfolio in Q2 2026, for an estimated $267,867,416
    • GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC removed 4,228,429 shares (-22.1%) from their portfolio in Q2 2026, for an estimated $255,397,111
    • SG AMERICAS SECURITIES, LLC removed 3,840,601 shares (-58.5%) from their portfolio in Q2 2026, for an estimated $231,972,300

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $USB Price Targets

    Multiple analysts have issued price targets for $USB recently. We have seen 10 analysts offer price targets for $USB in the last 6 months, with a median target of $66.0.

    Here are some recent targets:

    • Michael Rose from Raymond James set a target price of $72.0 on 07/08/2026
    • Erika Najarian from UBS set a target price of $66.0 on 07/07/2026
    • David Chiaverini from Jefferies set a target price of $75.0 on 07/06/2026
    • Mike Mayo from Wells Fargo set a target price of $66.0 on 07/06/2026
    • Vivek Juneja from JP Morgan set a target price of $65.0 on 07/06/2026
    • Vijay Kumar from Evercore ISI Group set a target price of $65.0 on 07/06/2026
    • Chris Kotowski from Oppenheimer set a target price of $73.0 on 06/30/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.