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U.S. Bancorp USB Price / book

Price / book at other companies

Regions Financial logo
Regions FinancialRF
1.2×+0.1×
JPMorgan Chase logo
JPMorgan ChaseJPM
2.2×+0.2×
Fifth Third Bank logo
Fifth Third BankFITB
1.2×0.0×
Bank of America logo
Bank of AmericaBAC
1.2×+0.1×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
1.4×+0.1×
KeyCorp logo
KeyCorpKEY
1.1×+0.2×

Other financials

Income statement

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Revenue$7.3B+4.8%
Net income$1.9B+13.8%
EPS (diluted)$1.18+14.6%

Balance sheet

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Cash & equivalents$48.4B-3.2%
Total debt$79.2B+2.9%
Total equity$65.8B+9.5%
Total assets$701.00B+3.6%

Cash flow

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Operating cash flow$1.3B+535%

Valuation

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Market cap$90.21B+22.7%
Enterprise value$121.01B+20.2%
P/E11.6×+0.6×
P/S3.1×+0.5×

Profitability

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Net margin27%+2.8pp

Returns & leverage

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Return on equity12.4%+0.8pp
Debt / equity1.2×-0.1×

Where this comes from

Calculated from U.S. Bancorp’s reported figures.

Based on the most recent quarter.

The official record: U.S. Bancorp’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is U.S. Bancorp's price / book?
U.S. Bancorp (USB) reported price / book of 1.2× in Q1 2026.
How has U.S. Bancorp's price / book changed year-over-year?
U.S. Bancorp's price / book increased by 12.1% year-over-year, from 1.1× to 1.2×.
What is the long-term trend for U.S. Bancorp's price / book?
Over 4 years (2021 to 2025), U.S. Bancorp's price / book has grown at a -7.3% compound annual growth rate (CAGR), from 6.3× to 4.7×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.