U.S. Bancorp (USB)
NYSE: USB · Real-Time Price · USD
56.21
+0.24 (0.43%)
At close: Apr 28, 2026, 4:00 PM EDT
56.31
+0.10 (0.17%)
After-hours: Apr 28, 2026, 7:57 PM EDT
U.S. Bancorp Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Interest Income on Loans | 22,533 | 22,533 | 23,182 | 22,471 | 13,804 | 10,979 | Upgrade
|
| Interest Income on Investments | 8,759 | 8,437 | 8,484 | 7,536 | 4,141 | 2,508 | Upgrade
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| Total Interest Income | 31,292 | 30,970 | 31,666 | 30,007 | 17,945 | 13,487 | Upgrade
|
| Interest Paid on Deposits | 9,924 | 10,151 | 11,688 | 8,775 | 1,872 | 320 | Upgrade
|
| Interest Paid on Borrowings | 4,548 | 4,170 | 3,689 | 3,836 | 1,345 | 673 | Upgrade
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| Total Interest Expense | 14,472 | 14,321 | 15,377 | 12,611 | 3,217 | 993 | Upgrade
|
| Net Interest Income | 16,820 | 16,649 | 16,289 | 17,396 | 14,728 | 12,494 | Upgrade
|
| Net Interest Income Growth (YoY) | 2.59% | 2.21% | -6.36% | 18.12% | 17.88% | -2.58% | Upgrade
|
| Trust Income | 2,934 | 2,869 | 2,660 | 2,459 | 2,209 | 1,832 | Upgrade
|
| Mortgage Banking Activities | 633 | 645 | 627 | 540 | 527 | 1,361 | Upgrade
|
| Gain (Loss) on Sale of Investments | -96 | -61 | -154 | -145 | 20 | 103 | Upgrade
|
| Other Non-Interest Income | 5,527 | 5,401 | 4,981 | 4,827 | 3,890 | 4,086 | Upgrade
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| Total Non-Interest Income | 12,052 | 11,891 | 11,046 | 10,617 | 9,456 | 10,227 | Upgrade
|
| Non-Interest Income Growth (YoY) | 7.78% | 7.65% | 4.04% | 12.28% | -7.54% | 0.04% | Upgrade
|
| Revenues Before Loan Losses | 28,872 | 28,540 | 27,335 | 28,013 | 24,184 | 22,721 | Upgrade
|
| Provision for Loan Losses | 2,225 | 2,186 | 2,238 | 2,275 | 1,977 | -1,173 | Upgrade
|
| Revenue | 26,647 | 26,354 | 25,097 | 25,738 | 22,207 | 23,894 | Upgrade
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| Revenue Growth (YoY) | 5.09% | 5.01% | -2.49% | 15.90% | -7.06% | 24.18% | Upgrade
|
| Salaries and Employee Benefits | 10,083 | 10,092 | 10,322 | 10,192 | 8,955 | 8,521 | Upgrade
|
| Occupancy Expenses | 779 | 781 | 717 | 770 | 706 | 684 | Upgrade
|
| Amortization of Goodwill & Intangibles | 485 | 498 | 569 | 636 | 215 | 159 | Upgrade
|
| Selling, General & Administrative | 4,134 | 4,065 | 3,945 | 4,055 | 3,303 | 3,157 | Upgrade
|
| Other Non-Interest Expense | 1,389 | 1,401 | 1,480 | 2,211 | 1,398 | 1,207 | Upgrade
|
| Total Non-Interest Expense | 16,870 | 16,837 | 17,033 | 17,864 | 14,577 | 13,728 | Upgrade
|
| EBT Excluding Unusual Items | 9,777 | 9,517 | 8,064 | 7,874 | 7,630 | 10,166 | Upgrade
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| Pretax Income | 9,777 | 9,517 | 7,909 | 6,865 | 7,301 | 10,166 | Upgrade
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| Income Tax Expense | 1,947 | 1,921 | 1,580 | 1,407 | 1,463 | 2,181 | Upgrade
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| Earnings From Continuing Operations | 7,830 | 7,596 | 6,329 | 5,458 | 5,838 | 7,985 | Upgrade
|
| Minority Interest in Earnings | -24 | -26 | -30 | -29 | -13 | -22 | Upgrade
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| Net Income | 7,806 | 7,570 | 6,299 | 5,429 | 5,825 | 7,963 | Upgrade
|
| Preferred Dividends & Other Adjustments | 374 | 376 | 390 | 378 | 324 | 358 | Upgrade
|
| Net Income to Common | 7,432 | 7,194 | 5,909 | 5,051 | 5,501 | 7,605 | Upgrade
|
| Net Income Growth | 16.70% | 20.18% | 16.02% | -6.80% | -26.85% | 60.58% | Upgrade
|
| Basic Shares Outstanding | 1,556 | 1,557 | 1,560 | 1,543 | 1,489 | 1,489 | Upgrade
|
| Diluted Shares Outstanding | 1,557 | 1,558 | 1,561 | 1,543 | 1,490 | 1,490 | Upgrade
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| Shares Change (YoY) | -0.29% | -0.19% | 1.17% | 3.56% | - | -1.32% | Upgrade
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| EPS (Basic) | 4.78 | 4.62 | 3.79 | 3.27 | 3.69 | 5.11 | Upgrade
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| EPS (Diluted) | 4.77 | 4.62 | 3.79 | 3.27 | 3.69 | 5.10 | Upgrade
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| EPS Growth | 18.08% | 21.97% | 15.83% | -11.38% | -27.65% | 66.67% | Upgrade
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| Dividend Per Share | 2.060 | 2.040 | 1.980 | 1.930 | 1.880 | 1.760 | Upgrade
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| Dividend Growth | 3.52% | 3.03% | 2.59% | 2.66% | 6.82% | 4.76% | Upgrade
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| Effective Tax Rate | 19.91% | 20.18% | 19.98% | 20.50% | 20.04% | 21.45% | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.