U.S. Bancorp Tops RBC Capital Markets’ List of Best U.S. Banks
RBC Capital Markets has ranked the top U.S. banks, and U.S. Bancorp (USB) is number one. The bank is getting attention because of its strong performance, smart growth plans, and good returns for investors.
U.S. Bancorp has a market value of about $68.7 billion. Its return on tangible common equity (ROTCE) was 16.5% in the first quarter of 2025, showing it can make good profits consistently. This makes USB one of the strongest U.S. banking stocks right now.

CEO Gunjan Kedia has introduced several growth strategies. One big move is the acquisition of Union Bank, which will help U.S. Bancorp expand in important U.S. markets and offer more products. The bank also has $4.7 billion left in its share buyback program, which helps support its stock price.
Analysts are positive about USB’s future. RBC Capital Markets set a price target of $50, and Morgan Stanley expects it could reach $60. This shows confidence in the bank’s growth and strategy.
With strong financials, smart growth plans, and positive analyst support, U.S. Bancorp is one of the top U.S. bank stocks to watch. Investors looking for stable and growing U.S. banks may find USB attractive.
Impact:
U.S. Bancorp stock might go higher if its growth plans succeed and acquisitions strengthen its business. Positive analyst views could also support the stock price.