Us Bancorp \De\
—Price / book
Market cap
—
Tangible equity (USD)
$47.65B
Price / tangible book
—
Price / book
—
Net income / ending equity
11.6%
Net income / ending assets
1.1%
Efficiency ratio
58.8%
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: USB stock price vs BLK: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at BLK's multiple
Needs BLK P/E.
Implied fair value · at USB's multiple
Needs USB P/E.
Price unavailable
Metric by metric
Filter, sort, and scan the equity metrics that matter most for banks: book value, tangible book, returns, and operating efficiency.
Lower is better
Lower is better
Profitability edge
Asset efficiency lag
Lower is better
Statements
Reported bank earnings and balances, with each company’s reporting period shown.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
11 period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
Tangible book and profitability anchor a bank, not enterprise value.
Deposits and cash-like balances distort enterprise value for banks, so this section reads equity value, tangible book and profitability instead.
Price / book
Market cap
—
Tangible equity (USD)
$47.65B
Price / tangible book
—
Price / book
—
Net income / ending equity
11.6%
Net income / ending assets
1.1%
Efficiency ratio
58.8%
Price / book
Market cap
—
Tangible equity (USD)
-$7.36B
Price / tangible book
—
Price / book
—
Net income / ending equity
9.9%
Net income / ending assets
3.3%
Efficiency ratio
—
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
US BANCORP \DE\ · implied price per share
Bank model off — standard DCF modelling is disabled for financial institutions.
BlackRock, Inc. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
Comparable set
Where the pair sits against the wider banking comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
JPMorgan Chase & Co.
USB vs JPM
Bank of America Corporation
USB vs BAC
Wells Fargo & Company
USB vs WFC
Citigroup Inc.
USB vs C
STATE STREET CORP
USB vs STT
NORTHERN TRUST CORP
USB vs NTRS
PRICE T ROWE GROUP INC
USB vs TROW
The Goldman Sachs Group, Inc.
USB vs GS
Morgan Stanley
USB vs MS
Blackstone Inc.
USB vs BX
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe USB can sustain its stronger margins while narrowing BLK's growth gap, then USB looks attractive on a relative valuation basis because it trades at 13.9x P/E and 3.5x P/S versus BLK's 31.8x and 7.2x.
USB's current price of $64.10 is far below the P/E-derived implied price of $146.74, suggesting meaningful upside on a simple earnings multiple basis. However, BLK also commands a much richer P/E of 31.8x versus USB's 13.9x, reflecting stronger growth expectations and making the comparison less about pure cheapness and more about differing business quality and growth profiles.
Supporting Metrics