Market Overview

Compass Point Sees Decent Quarter Earnings For U.S. Bancorp


In a report published Wednesday, Compass Point analyst Kevin Barker reiterated a Neutral rating and $43.00 price target on U.S. Bancorp (NYSE: USB).

In the report, Compass Point noted, “USB reported GAAP EPS of $0.79 in 4Q, which when adjusted for one-time items ($124mm Nuveen gain, $35mm charitable contribution, and $53mm in legal accruals) we estimate operating EPS of $0.78. This beat both our estimate and the consensus estimate by one penny, as tax-advantaged investments pushed the tax rate down to 25.8% from 28% estimated.”

U.S. Bancorp closed on Tuesday at $42.56.

Latest Ratings for USB

Nov 2019MaintainsNeutral
Oct 2019MaintainsNeutral
Oct 2019DowngradesNeutralSell

View More Analyst Ratings for USB
View the Latest Analyst Ratings

Posted-In: Compass Point Kevin BarkerAnalyst Color Reiteration Analyst Ratings


Related Articles (USB)

View Comments and Join the Discussion!

Latest Ratings

NXTCBank of AmericaReiterates89.0
RNRJP MorganAssumes173.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Stocks Hitting 52-Week Highs

Shares Of Alnylam Pharmaceuticals Lower Following Equity Offering