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   <title>Form  FWP        US BANCORP \DE\                        Filed by: US BANCORP \DE\</title>
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   <title>Form  FWP        US BANCORP \DE\                        Filed by: US BANCORP \DE\</title>
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   <title>Form  FWP        US BANCORP \DE\                        Filed by: US BANCORP \DE\</title>
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   <title>Form  144        US BANCORP \DE\                        Filed by: Philipson Stephen L</title>
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   <pubDate>Mon, 20 Jul 2026 14:47:00 -0400</pubDate>
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   <title>Form  144        US BANCORP \DE\                        Filed by: Philipson Stephen L</title>
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   <pubDate>Mon, 20 Jul 2026 14:47:00 -0400</pubDate>
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   <title>Evercore ISI upgrades U.S. Bancorp to Outperform with $72 target, 'Party like it's 1999'</title>
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   <description>(Updated - July 20, 2026 9:26 AM EDT)

&lt;p&gt;Evercore ISI analyst John Pancari upgraded U.S. Bancorp (NYSE: USB) from In Line to Outperform, raising the price target to $72.00 from $65.00.&lt;/p&gt;&lt;p&gt;The upgrade cites several factors, including fee income growth in capital markets and payments, with management projecting low-teens growth in fiscal year 2026 fees, expected to represent 44% of total revenue in the second quarter.&lt;/p&gt;&lt;p&gt;Pancari noted improving commercial loan demand, with growth expectations now exceeding earlier mid-single-digit projections for fiscal year 2026, supported by a strong pipeline and the onboarding of an Amazon portfolio.&lt;/p&gt;&lt;p&gt;On operational efficiency, the analyst noted U.S. Bancorp</description>
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   <pubDate>Mon, 20 Jul 2026 09:26:56 -0400</pubDate>
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   <title>Evercore ISI upgrades U.S. Bancorp to Outperform with $72 target, 'Party like it's 1999'</title>
   <link>http://www.streetinsider.com/Upgrades/Evercore+ISI+upgrades+U.S.+Bancorp+to+Outperform+with+%2472+target%2C+%27Party+like+it%27s+1999%27/26786199.html</link>
   <description>(Updated - July 20, 2026 9:26 AM EDT)

&lt;p&gt;Evercore ISI analyst John Pancari upgraded U.S. Bancorp (NYSE: USB) from In Line to Outperform, raising the price target to $72.00 from $65.00.&lt;/p&gt;&lt;p&gt;The upgrade cites several factors, including fee income growth in capital markets and payments, with management projecting low-teens growth in fiscal year 2026 fees, expected to represent 44% of total revenue in the second quarter.&lt;/p&gt;&lt;p&gt;Pancari noted improving commercial loan demand, with growth expectations now exceeding earlier mid-single-digit projections for fiscal year 2026, supported by a strong pipeline and the onboarding of an Amazon portfolio.&lt;/p&gt;&lt;p&gt;On operational efficiency, the analyst noted U.S. Bancorp</description>
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   <pubDate>Mon, 20 Jul 2026 09:26:56 -0400</pubDate>
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   <title>JPMorgan Upgrades U.S. Bancorp (USB) to Neutral</title>
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   <description>&lt;p&gt;JPMorgan analyst Vivek Juneja upgraded U.S. Bancorp (NYSE: USB) from Underweight to Neutral with a price target of $67.50 (from $65.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “US Bancorp is seeing better growth in fee income led by strong capital markets. We expect the bank’s guidance could have upside especially in fee income given the strong momentum in the markets, notably equity markets, which could boost BTIG’s revenues. In addition, earnings should benefit from the acquisition of Amazon small business credit card in 3Q although there will be some noise in the results with the partner payments and reserve build.&lt;/p&gt;&lt;p&gt;As we evaluate results across</description>
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   <pubDate>Mon, 20 Jul 2026 02:58:13 -0400</pubDate>
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   <title>JPMorgan Upgrades U.S. Bancorp (USB) to Neutral</title>
   <link>http://www.streetinsider.com/Analyst+Comments/JPMorgan+Upgrades+U.S.+Bancorp+%28USB%29+to+Neutral/26785976.html</link>
   <description>&lt;p&gt;JPMorgan analyst Vivek Juneja upgraded U.S. Bancorp (NYSE: USB) from Underweight to Neutral with a price target of $67.50 (from $65.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “US Bancorp is seeing better growth in fee income led by strong capital markets. We expect the bank’s guidance could have upside especially in fee income given the strong momentum in the markets, notably equity markets, which could boost BTIG’s revenues. In addition, earnings should benefit from the acquisition of Amazon small business credit card in 3Q although there will be some noise in the results with the partner payments and reserve build.&lt;/p&gt;&lt;p&gt;As we evaluate results across</description>
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   <pubDate>Mon, 20 Jul 2026 02:58:13 -0400</pubDate>
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   <title>U.S. Bancorp (USB) PT Raised to $74 at DA Davidson</title>
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   <description>&lt;p&gt;DA Davidson analyst Peter Winter raised the price target on U.S. Bancorp (NYSE: USB) to $74.00 (from $72.00) while maintaining a Buy rating.&lt;/p&gt;&lt;p&gt;The analyst commented, &quot;USB delivered 400bp of positive operating leverage (POL) Y/Y in 2Q26 (vs. 440bp in 1Q26), driven by broad based revenue growth. Expense growth has started to pickup after being flat to down past 10 quarters as USB invests for future growth. Plus, the addition of BTIG has a pretax margin of ~15%, which will lead to less POL, but still solid at an estimated ~200bp in 2026. Profitability metrics are at upper-end of peers, capital</description>
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   <pubDate>Fri, 17 Jul 2026 09:43:29 -0400</pubDate>
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   <title>U.S. Bancorp (USB) PT Raised to $74 at DA Davidson</title>
   <link>http://www.streetinsider.com/Analyst+Comments/U.S.+Bancorp+%28USB%29+PT+Raised+to+%2474+at+DA+Davidson/26782596.html</link>
   <description>&lt;p&gt;DA Davidson analyst Peter Winter raised the price target on U.S. Bancorp (NYSE: USB) to $74.00 (from $72.00) while maintaining a Buy rating.&lt;/p&gt;&lt;p&gt;The analyst commented, &quot;USB delivered 400bp of positive operating leverage (POL) Y/Y in 2Q26 (vs. 440bp in 1Q26), driven by broad based revenue growth. Expense growth has started to pickup after being flat to down past 10 quarters as USB invests for future growth. Plus, the addition of BTIG has a pretax margin of ~15%, which will lead to less POL, but still solid at an estimated ~200bp in 2026. Profitability metrics are at upper-end of peers, capital</description>
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   <pubDate>Fri, 17 Jul 2026 09:43:29 -0400</pubDate>
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   <title>U.S. Bancorp (USB) PT Raised to $77 at Oppenheimer</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/U.S.+Bancorp+%28USB%29+PT+Raised+to+%2477+at+Oppenheimer/26782014.html</link>
   <description>Oppenheimer analyst Chris Kotowski raised the price target on U.S. Bancorp (NYSE: USB) to $77.00  (from $73.00) while maintaining a Outperform rating.</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Analyst+PT+Change/U.S.+Bancorp+%28USB%29+PT+Raised+to+%2477+at+Oppenheimer/26782014.html</guid>
   <pubDate>Fri, 17 Jul 2026 07:48:20 -0400</pubDate>
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