/U_S_%20Bancorp_%20logo%20on%20building-by%20Sundry%20Photography%20via%20iStock.jpg)
With a market cap of $87.2 billion, U.S. Bancorp (USB) is one of the largest regional banks in the United States and the parent company of U.S. Bank. Headquartered in Minneapolis, Minnesota, the company provides a broad range of financial services, including consumer banking, commercial lending, wealth management, payment processing, corporate trust, and investment services. It operates thousands of branches and ATMs across the U.S. and serves millions of retail, business, and institutional clients.
Shares of the company have outpaced the broader market over the past 52 weeks. USB stock has increased 34.1% over this time frame, while the broader S&P 500 Index ($SPX) has returned 28.5%. However, shares of the company are up 4.2% on a YTD basis, compared to SPX’s 6% gain.