TFC vs. USB

Last updated Jun 4, 2026

TFC (Truist Financial Corporation) and USB (U.S. Bancorp) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, TFC returned 6.93%/yr vs 6.10%/yr for USB. A 0.64 correlation means they provide meaningful diversification when combined.

Performance

TFC vs. USB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Truist Financial Corporation (TFC) and U.S. Bancorp (USB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TFC achieves a -1.64% return, which is significantly lower than USB's 0.62% return. Over the past 10 years, TFC has outperformed USB with an annualized return of 6.93%, while USB has yielded a comparatively lower 6.10% annualized return.

TFC

• 1D: -1.45%
• 1M: -3.15%
• YTD: -1.64%
• 6M: 2.08%
• 1Y: 25.11%
• 3Y*: 19.93%
• 5Y*: 0.01%
• 10Y*: 6.93%

USB

• 1D: -2.67%
• 1M: -3.80%
• YTD: 0.62%
• 6M: 6.44%
• 1Y: 24.82%
• 3Y*: 24.40%
• 5Y*: 1.67%
• 10Y*: 6.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TFC vs. USB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TFC Truist Financial Corporation	-1.64%	19.05%	23.72%	-8.59%	-23.53%	26.08%	-11.16%	34.55%	-10.24%	8.66%
USB U.S. Bancorp	0.62%	16.48%	15.62%	4.79%	-19.13%	24.32%	-17.85%	33.62%	-12.36%	6.61%

Correlation

The correlation between TFC and USB is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990	0.64

The correlation between TFC and USB shifts across timeframes, from 0.64 (all time) to 0.83 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TFC : $60.06B USB : $82.63B
EPS TFC : $4.28 USB : $5.02
PE Ratio TFC : 11.07 USB : 10.59
PS Ratio TFC : 2.01 USB : 1.91
PB Ratio TFC : 1.01 USB : 1.40
Total Revenue (TTM) TFC : $30.47B USB : $43.34B
Gross Profit (TTM) TFC : $19.17B USB : $27.22B
EBITDA (TTM) TFC : $6.99B USB : $10.34B

Return for Risk

TFC vs. USB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TFC

TFC Risk / Return Rank: 67
TFC Sharpe Ratio Rank: 73
TFC Sortino Ratio Rank: 66
TFC Omega Ratio Rank: 65
TFC Calmar Ratio Rank: 64
TFC Martin Ratio Rank: 67

USB

USB Risk / Return Rank: 69
USB Sharpe Ratio Rank: 74
USB Sortino Ratio Rank: 68
USB Omega Ratio Rank: 67
USB Calmar Ratio Rank: 69
USB Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TFC vs. USB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Truist Financial Corporation (TFC) and U.S. Bancorp (USB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TFC	USB	Difference
Sharpe ratio Return per unit of total volatility	1.10	1.14	-0.04
Sortino ratio Return per unit of downside risk	1.56	1.64	-0.09
Omega ratio Gain probability vs. loss probability	1.20	1.21	-0.01
Calmar ratio Return relative to maximum drawdown	1.22	1.54	-0.32
Martin ratio Return relative to average drawdown	3.26	3.84	-0.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TFC vs. USB - Sharpe Ratio Comparison

The current TFC Sharpe Ratio is 1.10, which is comparable to the USB Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of TFC and USB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TFC	USB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	1.14	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.00	0.06	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	0.20	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.33	-0.05

Drawdowns

TFC vs. USB - Drawdown Comparison

The maximum TFC drawdown since its inception was -66.56%, smaller than the maximum USB drawdown of -76.08%. Use the drawdown chart below to compare losses from any high point for TFC and USB.

Drawdown Indicators

	TFC	USB	Difference
Max Drawdown Largest peak-to-trough decline	-66.56%	-76.08%	+9.52%
Max Drawdown (1Y) Largest decline over 1 year	-20.67%	-16.21%	-4.46%
Max Drawdown (3Y) Largest decline over 3 years	-26.93%	-30.63%	+3.70%
Max Drawdown (5Y) Largest decline over 5 years	-59.11%	-52.13%	-6.98%
Max Drawdown (10Y) Largest decline over 10 years	-59.11%	-52.13%	-6.98%
Current Drawdown Current decline from peak	-13.27%	-11.54%	-1.73%
Average Drawdown Average peak-to-trough decline	-13.84%	-14.19%	+0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.71%	6.48%	+1.23%

Volatility

TFC vs. USB - Volatility Comparison

Truist Financial Corporation (TFC) has a higher volatility of 7.29% compared to U.S. Bancorp (USB) at 6.79%. This indicates that TFC's price experiences larger fluctuations and is considered to be riskier than USB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TFC	USB	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.29%	6.79%	+0.50%
Volatility (6M) Calculated over the trailing 6-month period	17.12%	16.39%	+0.73%
Volatility (1Y) Calculated over the trailing 1-year period	23.04%	22.01%	+1.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.86%	29.75%	+2.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.60%	30.27%	+3.33%

Dividends

TFC vs. USB - Dividend Comparison

TFC's dividend yield for the trailing twelve months is around 4.39%, more than USB's 3.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TFC Truist Financial Corporation	4.39%	4.23%	4.79%	5.63%	4.65%	3.18%	3.76%	3.04%	3.60%	2.53%	2.45%	2.78%
USB U.S. Bancorp	3.88%	3.82%	4.14%	4.46%	4.31%	3.13%	3.61%	2.66%	2.93%	2.16%	2.08%	2.37%

Financials

TFC vs. USB - Profitability Comparison

The chart below illustrates the profitability comparison between Truist Financial Corporation and U.S. Bancorp over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TFC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Truist Financial Corporation reported a gross profit of 4.67B and revenue of 7.41B. Therefore, the gross margin over that period was 63.1%.

USB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, U.S. Bancorp reported a gross profit of 6.68B and revenue of 10.84B. Therefore, the gross margin over that period was 61.7%.

TFC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Truist Financial Corporation reported an operating income of 1.69B and revenue of 7.41B, resulting in an operating margin of 22.8%.

USB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, U.S. Bancorp reported an operating income of 2.69B and revenue of 10.84B, resulting in an operating margin of 24.8%.

TFC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Truist Financial Corporation reported a net income of 1.48B and revenue of 7.41B, resulting in a net margin of 20.0%.

USB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, U.S. Bancorp reported a net income of 1.95B and revenue of 10.84B, resulting in a net margin of 18.0%.

Frequently Asked Questions

Can I hold both TFC and USB in my portfolio?

TFC and USB have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TFC or USB?

TFC has higher volatility (7.29%) compared to USB (6.79%). In terms of maximum drawdown, TFC dropped -66.56% vs USB's -76.08%.

Which has better risk-adjusted returns?

USB currently has the higher Sharpe Ratio (1.14 vs 1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.