U.S. Bancorp (NYSE:USB) on Thursday reported upbeat third-quarter 2026 earnings, while revenue fell slightly short of Wall Street estimates.

Adjusted earnings of $1.34 per share beat the analyst consensus estimate of $1.33. Revenue rose to $7.95 billion, slightly below the consensus estimate of $8.01 billion.

U.S. Bancorp raised its full-year 2026 revenue growth outlook to 8% to 9%, up from its previous forecast of 7% to 9%. The updated outlook implies revenue of approximately $30.996 billion to $31.283 billion, compared with the analyst consensus estimate of $31.075 billion.

U.S. Bancorp shares rose 1.3% to trade at $58.12 on Friday.

These analysts made changes to their price targets on U.S. Bancorp following earnings announcement.

• Evercore ISI Group analyst Vijay Kumar maintained the stock with an Outperform rating and raised the price target from $65 to $67.
• RBC Capital analyst Gerard Cassidy maintained the stock with an Outperform rating and cut the price target from $68 to $65.
• Oppenheimer analyst Chris Kotowski maintained the stock with an Outperform rating and raised the price target from $72 to $73.

Considering buying USB stock? Here’s what analysts think:

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