USB · US Bancorp \de\ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.29B | - | $7.33B | $7.00B | $6.96B | - | $6.86B | $6.87B | $6.71B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $2.42B | - | $2.53B | $2.29B | $2.16B | - | $2.07B | $2.06B | $1.67B | - |
| Interest Expense | - | - | - | - | - | - | - | - | $3.78B | - |
| Income Tax | $469.00M | - | $524.00M | $472.00M | $443.00M | - | $350.00M | $445.00M | $347.00M | - |
| Net Income | $1.95B | - | $2.00B | $1.81B | $1.71B | - | $1.71B | $1.60B | $1.32B | - |
| EPS - Basic | $1.18 | - | $1.22 | $1.11 | $1.03 | - | $1.03 | $0.97 | $0.78 | - |
| EPS - Diluted | $1.18 | - | $1.22 | $1.11 | $1.03 | - | $1.03 | $0.97 | $0.78 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $48.42B | $46.89B | $66.64B | $57.81B | $50.01B | $56.50B | $73.56B | $65.83B | $76.98B | $61.19B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $701.00B | $692.35B | $695.36B | $686.37B | $676.49B | $678.32B | $686.47B | $680.06B | $683.61B | $663.49B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $634.75B | $626.69B | $631.56B | $624.47B | $615.93B | $619.28B | $627.15B | $623.17B | $627.57B | $607.72B |
| Stockholders' Equity | $65.79B | $65.19B | $63.34B | $61.44B | $60.10B | $58.58B | $58.86B | $56.42B | $55.57B | $55.31B |
| Retained Earnings | $81.94B | $80.91B | $79.74B | $78.65B | $77.69B | $76.86B | $76.06B | $75.23B | $74.47B | $74.03B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.34B | - | - | - | ($285.00M) | - | - | - | $2.66B | - |
| Investing Cash Flow | ($5.35B) | - | - | - | ($2.55B) | - | - | - | ($4.95B) | - |
| Financing Cash Flow | $5.67B | - | - | - | ($3.66B) | - | - | - | $18.09B | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 33.2% | - | 34.5% | 32.7% | 31.0% | - | 30.2% | 29.9% | 24.9% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 26.7% | - | 27.3% | 25.9% | 24.6% | - | 25.0% | 23.3% | 19.6% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 19.4% | - | 20.8% | 20.6% | 20.6% | - | 17.0% | 21.7% | 20.8% | - |
| Return on assets | 0.3% | - | 0.3% | 0.3% | 0.3% | - | 0.2% | 0.2% | 0.2% | - |
| Return on equity | 3.0% | - | 3.2% | 3.0% | 2.8% | - | 2.9% | 2.8% | 2.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | 0.4x | - |
| Equity multiplier | 10.66 | 10.62 | 10.98 | 11.17 | 11.26 | 11.58 | 11.66 | 12.05 | 12.30 | 12.00 |
| Liabilities / Assets | 0.91 | 0.91 | 0.91 | 0.91 | 0.91 | 0.91 | 0.91 | 0.92 | 0.92 | 0.92 |
| Efficiency | ||||||||||
| Asset turnover | 0.01 | - | 0.01 | 0.01 | 0.01 | - | 0.01 | 0.01 | 0.01 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 44.1x | - | 39.6x | 40.8x | 41.0x | - | 44.4x | 40.9x | 57.3x | - |
| P / B | 1.2x | - | 1.2x | 1.1x | 1.1x | - | 1.2x | 1.1x | 1.3x | - |
| P / S | 11.1x | - | 10.3x | 10.1x | 9.5x | - | 10.4x | 9.0x | 10.4x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 4.7% | - | 6.8% | 2.0% | 3.6% | - | -2.4% | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | 3.0% | 3.4% | 3.8% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 12.0% | - | 22.2% | 11.5% | 29.0% | - | 6.0% | 17.4% | -22.5% | - |
| Net income growth (YoY) | 13.8% | - | 16.7% | 13.2% | 29.6% | - | 12.5% | 17.8% | -22.3% | - |
| EPS growth (YoY) | 14.6% | - | 18.4% | 14.4% | 32.1% | - | 13.2% | 15.5% | -25.0% | - |
| EPS CAGR (3y) | 4.3% | - | 1.7% | 3.9% | 1.3% | - | -7.5% | -8.8% | -18.7% | - |
| EPS CAGR (5y) | -4.0% | - | 4.3% | 22.0% | 7.4% | - | -2.2% | -2.3% | -4.8% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 9.5% | 11.3% | 7.6% | 8.9% | 8.1% | 5.9% | 10.8% | 6.4% | 4.9% | 8.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$28.36B totalWealth Corporate Commercial And Institutional Banking$12.08B · 42.6%
Consumer And Business Banking$8.87B · 31.3%
Payment Services$7.41B · 26.1%
Peer comparison
Same SIC group: National Commercial Banks
Comparing US BANCORP \DE\ against the 5 most active filers in the same SIC group.
Dividends
$2.06/share trailing 12 months · +3.5% YoY
| Ex-date | Per share |
|---|---|
| Mar 31, 2026 | $0.5200 |
| Dec 31, 2025 | $0.5200 |
| Sep 30, 2025 | $0.5200 |
| Jun 30, 2025 | $0.5000 |
| Mar 31, 2025 | $0.5000 |
| Dec 31, 2024 | $0.5000 |
| Sep 30, 2024 | $0.5000 |
| Jun 28, 2024 | $0.4900 |
| Mar 27, 2024 | $0.4900 |
| Dec 28, 2023 | $0.4900 |
| Sep 28, 2023 | $0.4800 |
| Jun 29, 2023 | $0.4800 |
| Mar 30, 2023 | $0.4800 |
| Dec 29, 2022 | $0.4800 |
| Sep 29, 2022 | $0.4800 |
| Jun 29, 2022 | $0.4600 |
| Mar 30, 2022 | $0.4600 |
| Dec 30, 2021 | $0.4600 |
| Sep 29, 2021 | $0.4600 |
| Jun 29, 2021 | $0.4200 |
| Mar 30, 2021 | $0.4200 |
| Dec 30, 2020 | $0.4200 |
| Sep 29, 2020 | $0.4200 |
| Jun 29, 2020 | $0.4200 |