- U.S. Bancorp reports strong Q4 2024 earnings, with EPS slightly surpassing expectations.
- Analysts suggest a potential 45.48% upside, with an average target price of $53.58.
- Despite margin compression, U.S. Bancorp maintains a solid "Outperform" recommendation.
U.S. Bancorp (USB), a leading financial services provider based in Minnesota, has released its fourth-quarter 2024 earnings results, revealing a robust performance. The company reported earnings per share (EPS) of $1.07, which narrowly exceeded market expectations. Additionally, U.S. Bancorp's revenue reached an impressive $7.01 billion, with net interest income climbing to $4.18 billion. While the firm experienced slight net interest margin compression, it has elected to maintain its quarterly dividend at a steady $0.50 per share, providing stable returns for shareholders.
Wall Street Analysts Forecast
Wall Street analysts have set optimistic price targets for U.S. Bancorp, reflecting confidence in the company's growth potential. The average target price, compiled from 21 analysts, stands at $53.58, with high and low estimates of $63.00 and $44.00, respectively. This average target price suggests a significant upside of 45.48% from the current stock price of $36.83. For more detailed projections and analysis, visit the U.S. Bancorp (USB, Financial) Forecast page.
The consensus recommendation from 23 brokerage firms positions U.S. Bancorp in the "Outperform" category, with an average rating of 2.3 on a scale where 1 is Strong Buy and 5 is Sell. This rating underscores the positive sentiment surrounding U.S. Bancorp's market performance and future prospects.
Further bolstering the bullish outlook, GuruFocus estimates the GF Value for U.S. Bancorp to be $47.45 in the coming year. This represents an anticipated upside of 28.84% from its current price of $36.83. The GF Value metric, unique to GuruFocus, estimates the fair market value of a stock, drawing from historical trading multiples and business growth trends, alongside future performance projections. For additional insightful metrics, refer to the U.S. Bancorp (USB, Financial) Summary page.
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