FirmAtlas
Company handbook · USB · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-16
USB · CIK 36104 · LATEST FILING: 10-Q JUN '26 · FILED AUG 6, 2026
US BANCORP \DE\
$58.73
+1.34 (+2.33%)
Close, Oct 16, 2026 · 52-week $45–66
Last fiscal year
US BANCORP \DE\ reported revenue of $28.5B for the year ended Dec 31, 2025 (FY25), up 4.4% from FY24. Net income was $7.6B. Source: 10-K filed Feb 23, 2026.
Market cap
$94.0B
P/E
11.5
P/B
1.4
Div yield
3.58%
ROTCE
12.2%
Revenue 1Y
4.4%/yr
EPS 1Y
21.9%/yr
Shares 1Y
+0.0%
Loading chart…
Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOGunjan Kedia
HQMinneapolis, MN
AuditorErnst & Young LLP
Year endsDecember
Revenue by segment · FY25
Wealth Corporate Commercial And Institutional Banking43%
Consumer And Business Banking31%
Payment Services26%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
3.2%
−0.5%
21.7%
28.7%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the earnings went · FY24–FY25
$13.9B net income
Dividends
$6.3B
45.1%
Buybacks
$662M
4.8%
Retained
$6.9B
50.1%
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Total revenue
27,335
28,540+4.4%
29,583
YoY
+4.4%
Interest income
31,666
30,970−2.2%
—
Interest expense
15,377
14,321−6.9%
—
Net interest income
16,289
16,649+2.2%
17,130
Non-interest income
11,046
11,891+7.6%
—
Provision for credit losses
2,238
2,186−2.3%
—
NII after provision
14,051
14,463+2.9%
—
Non-interest expense
17,188
16,837−2.0%
—
Pre-tax income
7,909
9,517+20.3%
—
Net income
6,299
7,570+20.2%
8,168
YoY
+20.2%
EPS (diluted, $)
3.79
4.62+21.9%
5.03
YoY
+21.9%
Balance sheet
Total assets
678,318
692,345+2.1%
725,918
Cash & securities
56,502
46,890−17.0%
—
Gross loans & leases
379,832
391,335+3.0%
—
Less allowance for credit losses
(7,583)
(7,605)n/m
—
Other assets
249,567
261,725+4.9%
—
Total liabilities
619,740
627,152+1.2%
658,486
Deposits
518,309
522,216+0.8%
—
Borrowings
15,518
17,162+10.6%
37,337
Other liabilities
85,913
87,774+2.2%
—
Shareholders’ equity
58,578
65,193+11.3%
67,432
Tangible common equity
58,578
65,193+11.3%
—
Shares outstanding (M)
1,600
1,600+0.0%
—
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Where the earnings went
Income
Sep '25
Dec '25
Mar '26
Jun '26
Total revenue
7,300
7,337
7,260
7,686
vs year-ago quarter
Net interest income
4,222
4,284
4,263
4,361
Non-interest income
3,078
3,053
2,997
3,325
Net income
2,001
2,045
1,945
2,177
vs year-ago quarter
EPS (diluted, $)
1.22
1.28
1.18
1.35
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
695,357
692,345
700,998
725,918
Cash & due from banks
66,637
46,890
48,420
66,491
Borrowings
15,449
17,162
17,859
37,337
Shareholders’ equity
63,340
65,193
65,786
67,432