U.S. Bancorp to Acquire BTIG in $1 Billion Deal

An announcement from US Bancorp ( (USB) ) is now available.

On January 12, 2026, U.S. Bancorp signed a definitive agreement to acquire BTIG Parent and its subsidiaries, including BTIG, LLC, in a transaction that values the business at up to $1 billion and is expected to close in the second quarter of 2026, subject to regulatory and other customary conditions. The deal includes an initial consideration of $362.5 million in cash and 6,600,594 U.S. Bancorp common shares, plus up to $275 million in contingent cash payments over three years tied to revenue performance, and is projected to have a negligible impact on 2026 earnings per share while trimming the bank’s CET1 ratio by about 12 basis points at closing without altering near‑term capital return plans. By adding BTIG’s institutional equity sales and trading, equity capital markets, electronic trading, research, prime brokerage and M&A advisory capabilities to its existing fixed income and derivatives strengths, U.S. Bancorp aims to close key product gaps for corporate and institutional clients, deepen long-standing referral-based ties with BTIG, and accelerate capital markets revenue growth, while BTIG’s leadership team remains in place under U.S. Bancorp ownership.

The most recent analyst rating on (USB) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on US Bancorp stock, see the USB Stock Forecast page.

Spark’s Take on USB Stock

According to Spark, TipRanks’ AI Analyst, USB is a Outperform.

US Bancorp’s strong financial performance and attractive valuation are key strengths, supported by positive earnings call insights and corporate events. However, technical indicators suggest caution due to overbought conditions, and revenue growth concerns remain.

To see Spark’s full report on USB stock, click here.

More about US Bancorp

U.S. Bancorp is a Minneapolis-headquartered financial services holding company and parent of U.S. Bank National Association, with approximately 70,000 employees and $695 billion in assets as of September 30, 2025. The company serves millions of customers locally, nationally and globally through a diversified banking and financial services platform, and has built a fast-growing capital markets franchise serving nearly 90% of the Fortune 1000 with offerings spanning investment-grade bonds, syndicated loans, interest rate derivatives, foreign exchange, commodities, structured credit and subscription finance.

Average Trading Volume: 8,911,335

Technical Sentiment Signal: Buy

Current Market Cap: $85.82B

Learn more about USB stock on TipRanks’ Stock Analysis page.