USB ▼ -4.0% - U.S. Bancorp $USB - U.S. Bank Increases Prime Lending Rate to 7.00 Percent U.S. Bancorp shares fell 4.0% today following the bank's increase of its prime lending rate to 7.00 percent. The rate hike typically compresses net interest margins and signals expectations of higher overall rates, which can weigh on bank profitability and investor sentiment in the near term. 16-SEP-2026 05:34 PM ET