Action | 20 Jul 2026 09:06:40 ET │ 15 pages US Bancorp (USB.N) 2Q26 Review - Strong Quarter with Better Earnings Visibility; Raise PT to $72 CITI'S TAKE USB outperformed the bank index on earnings day (up ~1.6% vs BKX flat), though recently lagged peers as strong 2Q results (but largely in-line implied core PPNR guidance) seemed to fall short of a lofty bar. Even still, we believe fundamental story continues to strengthen and bull case remains, with our '26 estimates moving ~2% higher, driven primarily by a ...