U.S. Bancorp Stock Plummets 9.81% with 211th Highest Trading Volume Amid JPMorgan Downgrade

On April 3, 2025, U.S. Bancorp (USB) experienced a significant decline in its stock price, dropping by 9.81%. The trading volume for the day was 6.60 billion, making it the 211th highest in the market.

JPMorgan has downgraded U.S. Bancorp (USB) from Neutral to Underweight, setting a new price target of $43.50, down from the previous $51. This change in rating reflects a more cautious outlook on the company's performance. Analyst Vivek Juneja led this downgrade, citing potential economic headwinds and changes in tariff policies that could impact the bank's earnings.

U.S. Bancorp's financial health remains robust, with a net margin of 22.65% and a return on equity (ROE) of 3.05%, both of which exceed industry averages. The bank's debt-to-equity ratio of 1.27 indicates a sound financial structure. However, the recent downgrade by JPMorgan suggests that analysts are becoming more conservative in their assessments of the company's future prospects.

Despite the downgrade, U.S. Bancorp continues to demonstrate strong financial performance. The bank's revenue growth rate of 3.68% over the past three months highlights its ability to generate top-line earnings. However, this growth rate lags behind its industry peers, which may contribute to the more cautious outlook from analysts.