[ What is it worth? ]

USB fair value

Us Bancorp \De\ is worth about $121.67 a share in a 5-year discounted cash flow at 10% free cash flow growth and today's 5.10% 10-year Treasury yield, vs. a $60.99 price (Nov 13, 2026). Base free cash flow is $8.0B from the FY25 10-K.

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