Truist cuts target for U.S. Bancorp stock to USD 67.00

Published on 10/16/2026 at 16:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

U.S. Bancorp's P/E ratio was 11.46 on October 16, 2026. US Bancorp stock costs EUR 52.12 on October 16, 2026 at 4:00 p.m. CEST.

Target and valuation

Truist lowered its U.S. Bancorp target to USD 67.00 on October 1, 2026.
U.S. Bancorp had a P/E ratio of 11.46 on October 16, 2026.
US Bancorp stock costs EUR 52.12 at Lang & Schwarz on October 16, 2026 at 4:00 p.m. CEST.
U.S. Bancorp had a market capitalization of USD 91.4 billion on October 16, 2026.

Schwarzweiß-Reportagefoto einer Kundenberatung am Bankschalter — US Bancorp (ISIN US9029733048) dokumentiert in Schwarzweiß eine Kundenberatung am Schalter einer Bankfiliale, Illustration mit AI erstellt.

Truist lowered its U.S. Bancorp target from USD 69.00 to USD 67.00 on October 1, 2026. At the NYSE, the target stood 14.16 percent above U.S. Bancorp's USD 58.69 price on October 16, 2026 at 10:01 a.m. ET, while the market was open, according to the Markets Insider report.

U.S. Bancorp's latest valuation metrics place the bank between its two large U.S. banking peers. Its P/E ratio was 11.46 and its market capitalization was USD 91.4 billion on October 16, 2026.

Price position in the yearly range

The NYSE price of USD 58.69 sat between the 52-week low of USD 45.02 and the 52-week high of USD 66.08 on October 16, 2026. The same session carried volume of 1,617,758 shares against an average volume of 7,532,392 shares.

The euro quotation was EUR 52.12 at Lang & Schwarz on October 16, 2026 at 4:00 p.m. CEST. The quotation was in the Xetra trading phase, which gives German investors a separate euro perspective on the U.S. listing.

Valuation beside major banks

U.S. Bancorp provides banking, investment, mortgage, trust and payment services to consumers, businesses and institutions. The company is headquartered in Minneapolis and operates through corporate and commercial banking, consumer and business banking, wealth management, payment services, and treasury activities, according to U.S. Bancorp.

Comparison with peers

U.S. Bancorp: P/E 11.46, market capitalization USD 91.4 billion
JPMorgan Chase (NYSE, USD): plus 1.74 percent, P/E 14.32, market capitalization USD 907.4 billion
Bank of America (NYSE, USD): plus 0.85 percent, P/E 12.46, market capitalization USD 364.6 billion

What the target means for valuation

The Truist target remains below the bank's USD 66.08 52-week high but above its October 16 NYSE price. For investors, the key comparison is the target's 14.16 percent distance from the home-exchange price rather than the euro quotation alone.

On October 15, 2026, U.S. Bancorp published its third-quarter results, an event covered in the company's release at U.S. Bancorp. The report date gives the valuation discussion a recent operating reference without changing the target set by Truist.

Euro quotation for German investors

U.S. Bancorp's euro quotation was trading at EUR 52.12 at Lang & Schwarz on October 16, 2026 at 4:00 p.m. CEST. The last available Xetra close was not used to calculate a percentage because a dated Xetra closing value was not substantiated in the quoted market information.

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