U.S. Bancorp Upgraded to Buy Following Record Q3 Revenue

Key Facts

1U.S. Bancorp was upgraded to a buy rating following record net revenue in the third quarter.

2The bank achieved 5.6% YoY net interest income growth and 14.9% fee growth.

3Average loan growth reached 8% YoY, driven by robust commercial and consumer demand.

U.S. Bancorp was upgraded to a buy rating following record net revenue in the third quarter of 2026. Seeking Alpha reported that the bank achieved 5.6% year-over-year growth in net interest income and a 14.9% expansion in fee income.

Average loan growth reached 8% year-over-year, driven by robust commercial and consumer demand. Regarding market performance, USB closed at $57.39 on October 15, 2026, after trading between a session low of $55.97 and a high of $57.69.