U.S. Bancorp PE ratio USB

Share price divided by earnings per share over the last twelve months, since 2010.

Today, Oct 23, 2026: 11.9×
10-year median: 12.6×
Against its 10-year history: 37th; percentile: 0 is its lowest day, 100 its highest
10-year range: 7.5× to 19.3×
Peer median: 11.7×

U.S. Bancorp's PE ratio is 11.9× as of Oct 23, 2026: a share price of $59.58 against $5.01 of earnings per share over the last twelve months.

That is below its ten-year median of 12.6×, close to the middle of its last ten years.

Over that time it ranged from 7.5× in Apr 2020 to 19.3× in Apr 2021.

The median for 10 diversified banks of a similar size is 11.7×.

PE ratio over time

median 12.6×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	11.9×	11.0×	13.9×
2025	12.6×	9.7×	15.0×
2024	14.8×	12.0×	16.3×
2023	12.9×	7.7×	13.4×
2022	10.4×	9.2×	12.7×
2021	11.3×	11.2×	19.3×
2020	15.4×	7.5×	15.4×
2019	13.8×	11.6×	13.9×
2018	11.3×	11.1×	17.2×
2017	15.9×	15.0×	17.1×
2016	15.9×	12.4×	16.2×
2015	13.5×	13.0×	14.8×
2014	15.0×	13.0×	15.0×
2013	13.6×	11.4×	13.6×
2012	11.3×	11.2×	13.2×
2011	12.0×	10.0×	18.5×
2010	17.5×	15.6×	24.1×

Against its peers

Companies in Banks - Diversified nearest U.S. Bancorp's size, closest first, today.

Company	PE ratio
USBU.S. Bancorp	11.9×
CCitigroup	11.8×
WFCWells Fargo	11.6×
BACBank of America	12.0×
PNFPPinnacle Financial Partners	13.8×
FHNFirst Horizon	11.2×
UMBFUMB Financial	11.3×
JPMJPMorgan Chase	13.9×
CFRCullen/Frost Bankers	14.8×
ONBOld National Bancorp	11.3×
ZIONZions Bancorporation, National Association	8.4×
Peer median	11.7×

Where U.S. Bancorp ranks

#31of 65Diversified banks with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on U.S. Bancorp

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.