
U.S. Bancorp gets upgraded to a buy, reflecting strong Q3 earnings, robust credit ratings, and a favorable consensus outlook. USB delivered record Q3 net revenue, with 5.6% YoY net interest income growth, 14.9% fee growth, and 8% YoY average loan growth. ROE and operating margin trends outpace peers, while a diversified loan book and physical branch network support resilience and brand strength.










