On Oct 17, major Wall Street analysts update their ratings for $U.S. Bancorp (USB.US)$, with price targets ranging from $49 to $60.
Goldman Sachs analyst Richard Ramsden maintains with a hold rating, and adjusts the target price from $46 to $49.
BofA Securities analyst Ebrahim Poonawala maintains with a buy rating, and adjusts the target price from $53 to $55.
Barclays analyst Jason Goldberg maintains with a buy rating, and adjusts the target price from $52 to $57.
Wells Fargo analyst Mike Mayo maintains with a buy rating, and adjusts the target price from $52 to $60.
Evercore analyst John Pancari maintains with a hold rating, and maintains the target price at $51.
Furthermore, according to the comprehensive report, the opinions of $U.S. Bancorp (USB.US)$'s main analysts recently are as follows:
Following the Q3 report, U.S. Bancorp's earnings surpassed expectations as net interest income exceeded projections and provisions were lower than anticipated.
U.S. Bancorp's third-quarter earnings surpassed expectations, with core pre-provision net revenue reaching $2.8B, slightly above consensus. This was due to net interest income that was 2% above forecasts, and core expenses that met expectations, though this was somewhat balanced by a 2% dip in fee income. Furthermore, the management's subtly revised net interest income forecast for FY24, which is now at the upper end of the previous range of $16.1B-16.4B, is considered positive in light of market anticipations of additional interest rate reductions by year's end and the observed subdued loan growth.
U.S. Bancorp has exhibited some of the industry's most consistent returns, despite facing challenging trends in net interest income (NII) and operating leverage over the past five quarters. Notably, NII saw a decline over four consecutive quarters from Q1 2023 to Q1 2024, with a cumulative drop of 14%, before it achieved a slight increase of 0.9% in Q2 2024 and then a 1.7% in Q3 2024. Operating leverage had been in the negative territory for five successive quarters, but when accounting for a specific loss related to securities portfolio restructuring, it posted a modest positive figure. There have only been two quarters of NII growth and one quarter of positive operating leverage, but there are indications that this trend could persist.
U.S. Bancorp has shifted from a negative stance to a positive one in terms of net interest income growth and operating leverage, which appears to be part of a longer-term inflection point. Projections have been modestly increased.
Here are the latest investment ratings and price targets for $U.S. Bancorp (USB.US)$ from 9 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美东时间10月17日，多家华尔街大行更新了$美国合众银行 (USB.US)$的评级，目标价介于49美元至60美元。
高盛集团分析师Richard Ramsden维持持有评级，并将目标价从46美元上调至49美元。
美银证券分析师Ebrahim Poonawala维持买入评级，并将目标价从53美元上调至55美元。
巴克莱银行分析师Jason Goldberg维持买入评级，并将目标价从52美元上调至57美元。
富国集团分析师Mike Mayo维持买入评级，并将目标价从52美元上调至60美元。
Evercore分析师John Pancari维持持有评级，维持目标价51美元。
此外，综合报道，$美国合众银行 (USB.US)$近期主要分析师观点如下：
根据第三季度报告，美国合众银行的盈利超出预期，净利息收入超过预期，并且拨备低于预期。
美国合众银行第三季度盈利超出预期，核心税前净营业收入达到28亿美元，略高于市场共识。这是由于净利息收入高于预测2%，核心费用符合预期，尽管这在一定程度上被费用收入下降2%所抵消。此外，管理层对FY24的净利息收入预测略有调整，现在位于之前161亿至164亿美元区间的上限，考虑到市场预计年底可能会进一步降息以及观察到的贷款增长疲弱，这被认为是积极的。
尽管在过去五个季度面临净利息收入（NII）和营运杠杆等挑战性趋势，美国合众银行展现出部分行业最为稳健的回报。值得注意的是，NII在从2023年第一季度到2024年第一季度连续四个季度下降了14%之后，在2024年第二季度略微增长了0.9%，随后在2024年第三季度增长了1.7%。 营运杠杆在连续五个季度呈负值，但当考虑到与证券组合重组相关的特定损失时，它显示出了适度的正数。只有两个季度净利息收入增长和一个季度正营运杠杆，但有迹象表明这一趋势可能持续下去。
美国合众银行已经从净利息收入增长和营运杠杆方面的负面态势转向积极态势，这似乎是一个更长期的拐点。预测已经略有增加。
以下为今日9位分析师对$美国合众银行 (USB.US)$的最新投资评级及目标价：
提示:
TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
