With a market cap of $99.2 billion, U.S. Bancorp (USB) delivers a wide range of banking, lending, payment, investment, and trust services to individuals, businesses, institutions, and government entities. It operates across multiple segments, including consumer and business banking, wealth management, payment services, and corporate and institutional banking.
Shares of the Minneapolis, Minnesota-based company have outpaced the broader market over the past 52 weeks. USB stock has increased 43.5% over this time frame, while the broader S&P 500 Index ($SPX) has returned 21.8%. Moreover, shares of the company are up 19.4% on a YTD basis, compared to SPX’s 11% gain.