U.S. Bancorp (NYSE: USB) Surpasses Q3 Earnings Estimates

Core Viewpoint - U.S. Bancorp has demonstrated strong financial performance in Q3 2025, leading to positive market sentiment and a price target increase from Wells Fargo, indicating potential growth for the stock. Financial Performance - U.S. Bancorp reported an earnings per share (EPS) of $1.22, exceeding the Zacks Consensus Estimate of $1.11, marking an 18.4% increase year-over-year [2][5] - The company's total revenue for the quarter reached $7.33 billion, a 6.8% rise from the previous year, surpassing expectations by 2.42% [3][5] - Net income increased to $2 billion, reflecting a 16.6% jump from the prior year, supported by effective cost control measures and improved efficiency [3] Market Reaction - Following the earnings announcement, U.S. Bancorp shares saw a 1.5% increase in pre-market trading [4] - The stock has fluctuated between $45.39 and $47.78, with a market capitalization of approximately $71.04 billion [4] - Over the past year, the stock reached a high of $53.98 and a low of $35.18, indicating dynamic market performance [4] Analyst Outlook - Wells Fargo set a price target of $52 for U.S. Bancorp, suggesting a potential increase of 13.91% from its current price of $45.65 [1][5]