U.S. Bancorp Analysts Boost Their Forecasts After Upbeat Q2 Results

U.S. Bancorp (NYSE: USB ) reported upbeat second-quarter 2026 results and raised its full-year revenue outlook on Thursday. Adjusted earnings came in at $1.35 per share, topping the analyst consensus estimate of $1.28. Revenue rose to $7.69 billion, ahead of the $7.58 billion consensus estimate. U.S. Bancorp raised its fiscal 2026 revenue guidance to $30.71 billion-$31.28 billion from $29.85 billion-$30.42 billion. The updated range compares with the $30.56 billion analyst estimate. Management maintained medium-term targets for mid-single-digit fee revenue growth, an efficiency ratio in the mid-to-high 50% range, and return on average assets of 1.15% to 1.35%. U.S. Bancorp shares gained 0.3% to $64.20 in pre-market trading. These analysts made changes to their price targets on U.S. Bancorp following earnings announcement. Baird analyst David George maintained U.S. Bancorp with a Neutr...