UBS cuts target for U.S. Bancorp stock from USD 66.00 to USD 64.00
Published on 10/06/2026 at 11:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
U.S. Bancorp (ISIN US9029733048) was trading at EUR 51.25 at Lang & Schwarz on October 6, 2026 at 11:05 a.m. CEST, up 0.25 percent versus the prior close of EUR 51.12. On October 5, Markets Insider reported that UBS lowered its U.S. Bancorp price target from USD 66.00 to USD 64.00 while keeping a Neutral rating.
Net profit rises 19.78 percent
U.S. Bancorp's second-quarter 2026 revenue was USD 10.92 billion, compared with USD 10.53 billion in the year-earlier quarter, a 3.70 percent increase. Net profit reached USD 2.18 billion, up 19.78 percent from USD 1.82 billion in the comparable period.
The figures give the target reduction a clear counterweight: earnings growth was faster than revenue growth in the second quarter, while the revised USD 64.00 target remains a market judgment rather than a change to the reported results. The quarterly data were reported by Markets Insider for the quarter ended June 30, 2026.
October 15 sets the next test
U.S. Bancorp will release third-quarter 2026 earnings before the market opens on October 15, 2026, according to an U.S. Bancorp investor-relations release dated October 1, 2026. Chairman and Chief Executive Officer Gunjan Kedia and Vice Chair and Chief Financial Officer John Stern are scheduled to review the results at 8:00 a.m. CT.
EUR 51.25 quote holds above prior close
The Lang & Schwarz quote stood at EUR 51.25 at 11:05 a.m. CEST on October 6, 2026, versus EUR 51.12 at the prior close, putting the intraday change at plus 0.25 percent. On the NYSE, the stock was last at USD 57.27 on October 5, 2026 at 4:00 p.m. ET; its 52-week range was USD 45.02 to USD 66.08 and market capitalization was USD 89.2 billion as of that date.
The further course of trading is shown by the continuously updated real-time quote of U.S. Bancorp stock.
U.S. Bancorp stock facts
- Company: U.S. Bancorp
- ISIN: US9029733048
- WKN: 917523
- Ticker: USB
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 6, 2026, 11:05 a.m. CEST): EUR 51.25
- Change versus prior close: plus 0.25 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 51.12
- Market capitalization: USD 89.2 billion (as of October 5, 2026)
- 52-week range: USD 45.02-66.08 (as of October 5, 2026)
- Sector / Industry: Financial Services / Regional Banks
- Index membership: S&P 100
- Next earnings date: October 15, 2026
