BofA lifts target for US Bancorp stock from USD 67.00 to USD 68.00

Published on 10/20/2026 at 11:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter net income reached USD 2,202 million, up 10.00 percent year over year. US Bancorp stock costs EUR 51.64 on October 20, 2026.

Bank outlook and earnings

BofA raised its U.S. Bancorp target from USD 67.00 to USD 68.00 on October 19, 2026.
Third-quarter net income reached USD 2,202 million, up 10.00 percent from the third quarter of 2025.
US Bancorp stock trades at EUR 51.64 at 11:29 a.m. CEST at Lang & Schwarz on October 20, 2026.

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US Bancorp (ISIN US9029733048) was trading at EUR 51.64 at Lang & Schwarz on October 20, 2026 at 11:29 a.m. CEST. TipRanks reported on October 19, 2026 that BofA raised its target for U.S. Bancorp from USD 67.00 to USD 68.00 and kept a Buy rating.

Target rises after strong quarter

The BofA revision followed the bank's third-quarter performance and a higher 2026 revenue outlook. The target change gives the latest analyst view a concrete benchmark, while the stock's euro quotation remains separate from the USD target.

U.S. Bancorp reported its third-quarter 2026 results on October 15, 2026. Net income attributable to U.S. Bancorp was USD 2,202 million, up 10.00 percent from USD 2,001 million in the third quarter of 2025.

What changed across three dates?

On October 1, 2026, Truist lowered its target from USD 69.00 to USD 67.00 while keeping a Buy rating, as reported by Markets Insider.

On October 15, 2026, U.S. Bancorp reported third-quarter net income of USD 2,202 million and diluted earnings per common share of USD 1.34 in the company release. On October 19, 2026, BofA raised its target from USD 67.00 to USD 68.00, according to TipRanks.

The results also showed record third-quarter net revenue of USD 7,970 million, up 8.70 percent from USD 7,329 million in the third quarter of 2025. Net interest income rose 5.60 percent to USD 4,490 million, while the net interest margin increased to 2.84 percent from 2.75 percent, according to the company release.

What does the target mean for valuation?

The BofA target is USD 1.00 above its prior level, but it remains a USD-denominated analyst estimate rather than a euro quotation. The earnings profile provides the counterweight: revenue growth accelerated, net income increased, and the efficiency ratio improved to 55.90 percent from 57.20 percent in the third quarter of 2025.

US Bancorp stock and the next catalyst

The next useful reference for investors is the bank's updated 2026 revenue outlook, which calls for total net revenue growth of 8.00 percent to 9.00 percent. The third-quarter release also reported a common-share dividend of USD 0.54 for the period, up from USD 0.52 in the second quarter of 2026.

U.S. Bancorp operates as a financial services holding company with regional banking, payments, wealth and commercial banking activities. Its primary listing is on the NYSE under ticker USB, and the company reported 68,520 employees in its company profile.

Euro quotation stays the live reference

For German-based investors, the live reference is the euro quotation rather than the USD analyst targets or the NYSE quotation. US Bancorp stock was trading at EUR 51.64 at Lang & Schwarz on October 20, 2026 at 11:29 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of US Bancorp stock.