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U.S. Bancorp Stock Drops Despite Strong Q4 Earnings Report

1/17/2025

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Story summary
  • U.S. Bancorp's stock dropped 4.91% following its Q4 2024 earnings report, despite adjusted EPS of $1.07 exceeding estimates.
  • The bank achieved $7.009 billion in revenue, reflecting a 3.7% year-over-year increase and slightly surpassing expectations.
  • CEO Andy Cecere projected 3-5% revenue growth for 2025, expressing confidence in future performance.
  • Analysts hold a consensus rating of Moderate Buy, with an average price target set at $57.13.