US Bancorp stock fell 0.93 percent as HSBC raised its target

Published on 09/29/2026 at 10:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

US Bancorp stock drew a USD 76.00 HSBC target after a USD 74.00 target. Q2 EPS reached USD 1.35 versus USD 1.28 consensus, with earnings due October 14.

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U.S. Bancorp (ISIN US9029733048) closed at USD 58.78 on the NYSE on September 28, 2026, down 0.93 percent from the prior close. The latest analyst catalyst came from HSBC, which raised its price target from USD 74.00 to USD 76.00 while keeping a Buy rating, according to MarketBeat on September 28, 2026.

HSBC lifts target to USD 76.00

The new HSBC target stands USD 17.22, or 29.30 percent, above the September 28 closing price. That gap gives the analyst call a clear valuation angle, while the stock remains USD 7.30 below its 52-week high of USD 66.08.

MarketBeat also reported that U.S. Bancorp traded at a price-to-earnings ratio of 11.76 and had a market capitalization of USD 91.89 billion during its September 28 update. The finance snapshot for the same completed session showed volume of 5,752,601 shares and a session range of USD 58.66 to USD 59.33.

Q2 earnings beat consensus

U.S. Bancorp's Q2 2026 results provide the operating backdrop. The bank reported EPS of USD 1.35 against USD 1.28 consensus, a USD 0.07 beat, and revenue of USD 7.69 billion against USD 7.58 billion expected, according to MarketBeat. The same report said EPS was USD 1.11 in the year-earlier quarter, making the latest result USD 0.24 higher.

The earnings profile is paired with a larger cash distribution. U.S. Bancorp declared a quarterly dividend of USD 0.54 on September 8, 2026, up 3.8 percent from USD 0.52, payable October 15 to shareholders of record on September 30, according to Nasdaq.

Next earnings date is October 14

For the next checkpoint, CNN lists October 14, 2026 as the next earnings date. The immediate investor debate is therefore defined by two concrete markers: whether quarterly earnings can extend the USD 1.35 EPS performance and whether the share price can recover toward the USD 66.08 yearly high.

Stock closes at USD 58.78

U.S. Bancorp stock closed at USD 58.78 on the NYSE on September 28, 2026, with a 52-week range of USD 45.02 to USD 66.08 and market capitalization of USD 91.6 billion.