U.S. Bancorp
U.S. Bancorp (NYSE: USB) is trading at $59.33, about ₹5,697 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 1.59% today. Indian residents can buy U.S. Bancorp from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$58.50
Today's high
$59.52
52 week low
$45.02
52 week high
$66.08
USB opened at $58.63, closed previously at $58.40, and has traded between $45.02 and $66.08 over the past 52 weeks.
About
U.S. Bancorp (USB) functions as a broad-based financial services holding company, delivering a comprehensive spectrum of banking and financial solutions throughout the United States. Its diverse customer base includes individual consumers, various businesses, institutional organizations, governmental bodies, and other financial entities. The company organizes its operations across key segments: Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support. Its offerings encompass fundamental depository services such as checking accounts, savings accounts, and time certificates. U.S. Bancorp also extends a variety of credit facilities, including traditional lending products, credit card services, lease financing, support for import/export trade, asset-backed lending, and agricultural finance. Furthermore, it provides supplementary services like capital markets access, treasury management, and receivable lock-box collection for its corporate and governmental clients. The firm also offers a full suite of asset management and fiduciary services designed for individuals, estates, foundations, corporations, and charitable organizations. Beyond these, the company supplies investment and insurance products, predominantly to customers within its operating regions, and delivers fund administration services to a range of mutual and other investment funds. Its portfolio also includes corporate and purchasing card services, corporate trust management, and merchant processing. U.S. Bancorp's capabilities additionally span investment management, ATM network operation, mortgage banking, insurance provision, brokerage activities, and leasing services. As of December 31, 2021, the company distributed its products and services through a physical network of 2,230 banking branches, mainly concentrated in the Midwest and Western United States. Digital access was also extensively provided via online platforms, mobile devices, and other electronic channels. Additionally, it managed a network of 4,059 ATMs. Founded in 1863, U.S. Bancorp is headquartered in Minneapolis, Minnesota.
Key statistics
Avg. volume
8.04M
Market cap
$92.42B
P/E Ratio
11.84
Price-to-sales ratio
2.11
Enterprise value
$121.94B
Free cash flow yield
13.40%
Debt-to-equity ratio
1.42
Return on equity
12.49%
ROIC
9.49%
Beta
0.97
Dividend yield
3.51%
Last dividend
$2.08
Financial overview
Revenue
$42.86B
Earnings per share
$4.62
Free cash flow
$7.97B
Net profit margin
18.69%
Gross margin
63.78%
EBITDA
$10.29B
Revenue growth
0.35%
Similar securities
This is not an investment recommendation
How to buy U.S. Bancorp from India
Indian residents can buy U.S. Bancorp shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for U.S. Bancorp and place an order
Find U.S. Bancorp by name or by its ticker, USB, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. U.S. Bancorp trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your U.S. Bancorp position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in U.S. Bancorp from India
Trading and taxes when buying U.S. Bancorp from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. U.S. Bancorp’s current yield is 3.51%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy U.S. Bancorp stock?
Yes. U.S. Bancorp (USB) has been listed on the New York Stock Exchange since 1973, in the Banks - Diversified industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one U.S. Bancorp share cost in rupees?
One U.S. Bancorp share is $59.33 — about ₹5,697 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the U.S. Bancorp price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying U.S. Bancorp from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of U.S. Bancorp?
Yes. One U.S. Bancorp share is $59.33, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in U.S. Bancorp.
How are gains on U.S. Bancorp shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the U.S. Bancorp price. Paasa issues a capital-gains statement for your return.
Does U.S. Bancorp pay a dividend, and how is it taxed in India?
Yes. U.S. Bancorp pays a dividend and the current yield is 3.51%; the last declared dividend was $2.08 per share, about ₹199.72. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade U.S. Bancorp from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on U.S. Bancorp shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare U.S. Bancorp shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your U.S. Bancorp holding, its cost and its closing value.
How do I sell U.S. Bancorp and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.