Prossimo Advisors LLC lessened its holdings in U.S. Bancorp (NYSE:USB – Free Report) by 63.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,795 shares of the financial services provider’s stock after selling 10,101 shares during the quarter. U.S. Bancorp makes up about 2.1% of Prossimo Advisors LLC’s investment portfolio, making the stock its 18th largest holding. Prossimo Advisors LLC’s holdings in U.S. Bancorp were worth $280,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of U.S. Bancorp by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 143,269,275 shares of the financial services provider’s stock valued at $6,482,935,000 after buying an additional 2,038,996 shares during the last quarter. Geode Capital Management LLC boosted its stake in U.S. Bancorp by 1.3% in the second quarter. Geode Capital Management LLC now owns 36,632,410 shares of the financial services provider’s stock valued at $1,650,305,000 after acquiring an additional 456,890 shares during the period. Norges Bank acquired a new position in U.S. Bancorp in the second quarter valued at approximately $971,285,000. Davis Selected Advisers grew its holdings in shares of U.S. Bancorp by 29.8% during the second quarter. Davis Selected Advisers now owns 19,331,637 shares of the financial services provider’s stock valued at $874,757,000 after purchasing an additional 4,442,623 shares during the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC raised its position in shares of U.S. Bancorp by 3.7% during the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 16,569,422 shares of the financial services provider’s stock worth $749,766,000 after purchasing an additional 585,968 shares during the period. 77.60% of the stock is currently owned by institutional investors.
Key U.S. Bancorp News
Here are the key news stories impacting U.S. Bancorp this week:
- Positive Sentiment: Announced acquisition of BTIG (investment banking, sales & trading, research, prime brokerage) to accelerate its capital‑markets push — expands fee businesses and underwriting/trading capabilities that can lift revenue and diversify earnings. Read More.
- Positive Sentiment: Analysts and previews expect continuing earnings growth for Q4 2025 and suggest USB could post another beat, supporting longer‑term earnings momentum. Read More.
- Positive Sentiment: Broker upgrade/buy calls (e.g., HSBC) underline analyst conviction that the stock can re-rate as growth and capital‑markets benefits materialize. Read More.
- Neutral Sentiment: Coverage and commentary emphasize strategy rationale and expected capabilities from BTIG — important for medium-term thesis but not an immediate earnings certainty. Read More.
- Neutral Sentiment: Fundamentals remain mixed: USB trades above its 50‑ and 200‑day moving averages and carries a mid‑teens net margin profile, so market reaction will hinge on deal financing and Q4 results.
- Negative Sentiment: The BTIG deal is up to $1B in cash and stock — sizable near‑term cash outflow and potential share issuance or dilution, plus integration and revenue synergies that may take time to realize. Read More.
- Negative Sentiment: Some analysis questions whether USB’s current pricing fully reflects excess returns and sector headwinds; investors may be taking profits into earnings and deal uncertainty. Read More.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on USB
Insider Transactions at U.S. Bancorp
In other U.S. Bancorp news, EVP James L. Chosy sold 26,909 shares of the company’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $46.86, for a total value of $1,260,955.74. Following the transaction, the executive vice president owned 226,375 shares of the company’s stock, valued at approximately $10,607,932.50. This represents a 10.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Andrew Cecere sold 140,445 shares of the firm’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $46.34, for a total value of $6,508,221.30. Following the sale, the chairman directly owned 1,360,414 shares of the company’s stock, valued at approximately $63,041,584.76. This represents a 9.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.23% of the stock is currently owned by corporate insiders.
U.S. Bancorp Price Performance
NYSE USB opened at $53.46 on Thursday. The firm has a market capitalization of $83.10 billion, a PE ratio of 12.23, a P/E/G ratio of 0.94 and a beta of 1.07. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.82 and a quick ratio of 0.82. U.S. Bancorp has a 12 month low of $35.18 and a 12 month high of $56.19. The company’s 50 day simple moving average is $51.51 and its 200 day simple moving average is $48.72.
U.S. Bancorp (NYSE:USB – Get Free Report) last issued its quarterly earnings results on Thursday, October 16th. The financial services provider reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.11. The company had revenue of $7.34 billion for the quarter, compared to analysts’ expectations of $7.17 billion. U.S. Bancorp had a return on equity of 13.34% and a net margin of 16.89%.The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period last year, the firm earned $1.03 EPS. As a group, equities research analysts forecast that U.S. Bancorp will post 4.38 EPS for the current fiscal year.
U.S. Bancorp Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be given a $0.52 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $2.08 annualized dividend and a yield of 3.9%. U.S. Bancorp’s payout ratio is 47.60%.
About U.S. Bancorp
U.S. Bancorp (NYSE: USB) is a bank holding company and the parent of U.S. Bank, a national commercial bank that provides a wide range of banking, investment, mortgage, trust and payment services. The company operates through consumer and business banking, commercial banking, payment services, and wealth management segments. Its product set includes deposit accounts, consumer and commercial lending, mortgage origination and servicing, credit and debit card services, treasury and cash management, merchant processing, and institutional and trust services.
Headquartered in Minneapolis, Minnesota, U.S.
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