---
title: U.S. Bancorp (USB) — bank health card
canonical: https://sweetvaluelab.com/tools/bank-stocks/usb
ticker: USB
tier: Super regional
as_of: 2026-10-26
---
# U.S. Bancorp (USB) — bank health

U.S. Bancorp, Super regional, trades at 2.27× tangible book against a 20.4% return on tangible common equity, a 9% discount to the return-driven theory line. Prices as of Oct 26, 2026; trailing-twelve-month figures through Sep 30, 2026.

## The card

| Figure | USB | Super regional average (4) |
| --- | ---: | ---: |
| Price | $59.70 |  |
| P/TBV | 2.27× |  |
| Tangible book per share | $26.35 |  |
| P/E | 11.6 |  |
| EPS (TTM) | $5.13 |  |
| Dividend per share (TTM) | $2.10 |  |
| Dividend yield | 3.5% |  |
| Payout | 40.9% |  |
| ROTCE | 20.4% | 14.9% |
| ROA | 1.19% |  |
| Efficiency ratio | 58.6% | 63.5% |
| Net interest income share | 57.5% | 68.6% |
| Credit cost | 5.85% | 4.42% |
| AOCI / TCE | −23.0% | −19.3% |
| CET1 | 10.8% |  |
| CET1 requirement | 7.1% |  |
| Total assets | $703.0B |  |
| Leverage (assets / TCE) | 17.1× |  |
| P/TBV at 9% / 10% / 11% ROTCE (theory) | 2.90× / 2.48× / 2.17× |  |

## Lights

No light is on.

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Source: https://sweetvaluelab.com/tools/bank-stocks/usb (SweetValueLab, free, no account). Quarterly statements from Financial Modeling Prep, closes from the daily price cache; the engine's rules are on the board page. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.