# U.S. Bancorp (USB) — Stock CV

U.S. Bancorp is a $89.0B financial services company. Revenue grew 2.3% over the last year, and it keeps 19¢ of every dollar of sales as profit. It trades at 10.9× earnings — around the middle of its own history.

> With assets of around $700 billion, U.S. Bancorp is one of the largest regional banks in the US with its footprint in 26 states.

## Identity

- **Ticker**: USB
- **Sector**: Financial Services
- **Industry**: National Commercial Banks
- **Headquarters**: MINNEAPOLIS, MN
- **Employees**: 68 520
- **Website**: https://www.usbank.com
- **Market cap**: $89.0B
- **Last price**: $57.13
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $43.3B
- **Net income**: $8.17B
- **Free cash flow**: $12.4B
- **P/E**: 10.9
- **Revenue growth (YoY)**: 2.3%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 67 |
| Growth | 31 |
| Profitability | 69 |
| Health | 28 |
| Quality | 52 |
| Moat | 25 |

## Qualifications (beginner checklist) — 9 of 10 passed

- [x] Revenue growing — +2.3% YoY
- [x] Profitable — $8.17B TTM
- [x] Profit growing — +7.5% YoY
- [x] Generates cash — $12.4B TTM
- [x] Established company — $89.0B market cap
- [x] Not printing shares — -1.6% shares over ~5y
- [x] Proven track record — 9/9 profitable years
- [ ] Financially stable — Altman Z 0.2 — distress
- [x] Pays a dividend — yield 3.99%
- [x] Valuation not extreme — P/E 10.9

## Experience (career milestones)

- **FY2021** — Best year on record: $7.96B net income
- **FY2016** — Profitable every year on record: 9 consecutive profitable years in our data
- **FY2016** — Revenue already above $10B: $22.7B in first reported year
- **FY2016** — Positive free cash flow every year since: 9-year streak

## Strengths

- Strong cash conversion — FCF is 28.6% of revenue

## Watch-outs

- Altman Z-Score 0.19 — elevated financial-distress risk

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $23.7B | $7.96B | $9.87B |
| FY2022 | $27.4B | $5.83B | $21.1B |
| FY2023 | $40.6B | $5.43B | $8.45B |
| FY2024 | $42.7B | $6.30B | $11.3B |
| FY2025 | $42.9B | $7.57B | $7.97B |

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Source: https://stockcv.com/USB — derived from company filings; may be delayed or incomplete. Information, not investment advice.