U.S. Bancorp drawdown: 3.9% below the all-time high
U.S. Bancorp is 3.9% below its all-time high, set Aug 14, 2026 (as of market close, Sep 11, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −3.9%
- 96.1% of ATH
- All-time high
- $65.42
- Aug 14, 2026
- Time below the high
- 28 days
- since Aug 14, 2026
- Worst-ever drawdown
- −76.8%
- Mar 6, 2009
- Longest underwater
- 7.7 yrs
- between all-time highs
- Today's level first reached
- Jan 13, 2022
- 4.7 yrs ago
- Last time this deep
- Jun 30, 2026
- in a previous episode
% of all-time high since 1973#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Sep 19, 2008 | Mar 6, 2009 | −76.8% | 6 mo | Oct 21, 2013 | 5.1 yrs |
| Apr 14, 1999 | Oct 12, 2000 | −54.8% | 18 mo | Dec 13, 2006 | 7.7 yrs |
| Jan 14, 2022 | May 16, 2023 | −54.7% | 16 mo | Jul 16, 2026 | 4.5 yrs |
| Dec 17, 2019 | Mar 23, 2020 | −52.3% | 3 mo | May 6, 2021 | 17 mo |
| Aug 23, 1989 | Nov 27, 1990 | −44.9% | 15 mo | Nov 6, 1991 | 2.2 yrs |
| Dec 26, 2006 | Jul 15, 2008 | −38.1% | 1.6 yrs | Sep 18, 2008 | 1.7 yrs |
| Nov 6, 1973 | Sep 16, 1974 | −33.9% | 10 mo | Aug 13, 1975 | 1.8 yrs |
| Oct 6, 1987 | Oct 29, 1987 | −32.3% | 23 days | Aug 10, 1989 | 1.8 yrs |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1973: how far U.S. Bancorp stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is U.S. Bancorp from its all-time high?
- U.S. Bancorp is currently 3.9% below its all-time high, set Aug 14, 2026 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest U.S. Bancorp drawdown ever?
- The deepest decline on record in our data (since 1973) took U.S. Bancorp 76.8% below its prior high, bottoming Mar 6, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from USB; no free deep history exists for U.S. Bancorp — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.