U.S. Bancorp reports record revenue for U.S. Bancorp stock

Published on 10/16/2026 at 10:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

U.S. Bancorp raised 2026 revenue growth guidance to 8 to 9 percent. U.S. Bancorp stock costs EUR 51.04 on October 16, 2026.

Revenue and guidance improve

U.S. Bancorp reported USD 2.20 billion of net income for the third quarter of 2026.
Full-year 2026 revenue growth guidance rose to 8 to 9 percent from 5 to 7 percent.
U.S. Bancorp stock traded at EUR 51.04 at 10:08 a.m. CEST at Lang & Schwarz on October 16, 2026.
Third-quarter diluted earnings per share reached USD 1.34, up 9.8 percent year over year.

Editorial-Foto eines Börsenhandelssaals mit Händlern und digitalen Kurstafeln — US Bancorp (ISIN US9029733048) wird redaktionell mit einem lebhaften NYSE-Handelssaal und Kurscharts dargestellt, Illustration mit AI erstellt.

U.S. Bancorp (ISIN US9029733048) reported record net revenue of USD 7.97 billion for the third quarter of 2026, while management raised its full-year revenue growth outlook to 8 to 9 percent. The release dated October 15, 2026 came from U.S. Bancorp.

What drove the third quarter?

The bank generated USD 2.20 billion of net income in the third quarter of 2026, up 10.0 percent from the third quarter of 2025. Diluted earnings per share reached USD 1.34, compared with USD 1.22 a year earlier, a 9.8 percent increase. U.S. Bank also reported a 14.9 percent increase in fee revenue and a 5.6 percent increase in net interest income.

Average total loans increased 8.0 percent year over year in the third quarter of 2026, while average deposits rose 2.9 percent. The net interest margin reached 2.84 percent, up 9 basis points from the third quarter of 2025, and the efficiency ratio improved to 55.9 percent from 57.2 percent.

How does guidance change the picture?

Investing.com reported on October 15, 2026 that U.S. Bancorp lifted its full-year 2026 net revenue growth outlook from 5 to 7 percent to 8 to 9 percent. The bank also expects fourth-quarter 2026 net interest income growth of 6 to 7 percent and fee revenue growth of 13 to 14 percent.

The improvement is broad but includes a significant contribution from BTIG. Capital markets revenue increased 69.3 percent year over year in the third quarter of 2026, while the company said the acquired business contributed USD 226 million in fee revenue during its first full quarter under U.S. Bancorp ownership.

Stock price and investor context

U.S. Bancorp trades on the NYSE under ticker USB, according to the October 15, 2026 company coverage cited by Investing.com. For investors, the key question is whether fee growth and loan expansion can continue to offset higher noninterest expenses, which rose 7.1 percent year over year in the third quarter of 2026.

U.S. Bancorp was trading at EUR 51.04 at Lang & Schwarz on October 16, 2026 at 10:08 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of U.S. Bancorp stock.