US BANCORP \DE\
US BANCORP \DE\
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Commercial Portfolio Segment | - | 154,095 | 153,958 | 998 | 145,722 | 1,694 | 139,484 | 8 | 21 | 2,159 | 131,881 | -106 | |||||
Consumer Portfolio Segment | - | 117,285 | 115,885 | 571 | 113,686 | 789 | 118,813 | -33 | -7 | 843 | 115,530 | -46 | |||||
Commercial Loan And Lease Financing Loan | - | 154,095 | 153,958 | 998 | 145,722 | 1,694 | 139,484 | 8 | 21 | 2,159 | 131,881 | -106 | |||||
Available For Sale Securities Debt Securities | - | - | - | - | - | - | - | - | - | - | - | 67,207 | |||||
Commercial Real Estate | - | 49,971 | 48,920 | 63 | 46,749 | 1,432 | 48,859 | -21 | -33 | 1,629 | 53,455 | 217 | |||||
Residential Mortgages Loan And Home Equity First L… | - | 117,285 | 115,885 | 571 | 113,686 | 789 | 118,813 | -33 | -7 | 843 | 115,530 | -46 | |||||
Loans And Leases Receivab… | |||||||||||||||||
Credit Card Receivables | - | 37,654 | 32,234 | 571 | 26,861 | 3,162 | 30,350 | 50 | 73 | 2,425 | 28,560 | 65 | |||||
Notes Receivable Gross | - | - | - | - | - | - | - | - | - | - | - | 375,234 | |||||
Other Retail Loans | - | 40,791 | 40,338 | 71 | 39,310 | 838 | 42,326 | -11 | -24 | 848 | 44,409 | -35 | |||||
Loans And Leases Receivable Allowance | - | - | - | - | - | - | - | - | - | - | - | -7,218 | |||||
Loans And Leases Receivable Net Reported Amount | - | - | - | - | - | - | - | - | - | - | - | 368,016 | |||||
Cash And Due From Banks | 66,491 | 48,420 | 46,890 | 66,637 | 57,807 | 50,013 | 56,502 | 73,562 | 65,832 | 76,985 | 61,192 | 64,354 | |||||
Debt Securities Held To Maturity Amortized Cost Af… | - | - | - | - | - | - | - | - | - | - | - | 85,342 | |||||
Debt Securities | |||||||||||||||||
Property Plant And Equipment Net | - | - | - | - | - | - | - | - | - | - | - | 3,616 | |||||
Debt Securities Held To Maturity Excluding Accrued… | 74,085 | 75,442 | 76,170 | 76,931 | 77,879 | 78,008 | 78,634 | 80,025 | 81,486 | 82,948 | 84,045 | - | |||||
Debt Securities Available For Sale Excluding Accru… | 89,085 | 93,464 | 90,838 | 89,065 | 90,577 | 86,774 | 85,992 | 81,704 | 79,799 | 72,426 | 69,706 | - | |||||
Loans Receivable Held For Sale Net Not Part Of Dis… | 3,038 | 2,928 | 2,538 | 2,490 | 2,288 | 1,746 | 2,573 | 3,211 | 2,582 | 2,080 | 2,201 | 2,336 | |||||
Fi Nonecing Receivable Ex… | |||||||||||||||||
Financing Receivable Excl… | |||||||||||||||||
Financing Receivable Excluding Accrued Interest Be… | - | 399,796 | 391,335 | 382,517 | 380,243 | 381,819 | 379,832 | 374,164 | 376,133 | 374,588 | 373,835 | - | |||||
Financing Receivable Allowance For Credit Loss Exc… | - | -7,646 | -7,605 | -7,557 | -7,537 | -7,584 | -7,583 | -7,560 | -7,549 | -7,514 | -7,379 | - | |||||
Financing Receivable Excluding Accrued Interest Af… | - | 392,150 | 383,730 | 374,960 | 372,706 | 374,235 | 372,249 | 366,604 | 368,584 | 367,074 | 366,456 | - | |||||
Goodwill | 13,234 | 12,625 | 12,635 | 12,634 | 12,637 | 12,555 | 12,536 | 12,573 | 12,476 | 12,479 | 12,489 | 12,472 | |||||
Intangible Assets Net Excluding Goodwill | 4,999 | 4,799 | 4,904 | 5,152 | 5,285 | 5,381 | 5,547 | 5,488 | 5,757 | 6,031 | 6,084 | 6,435 | |||||
Other Assets | 68,484 | 67,351 | 70,872 | 63,793 | 63,566 | 64,195 | 60,720 | 59,717 | 59,972 | 60,046 | 57,695 | 58,261 | |||||
Assets | 725,918 | 700,998 | 692,345 | 695,357 | 686,370 | 676,489 | 678,318 | 686,469 | 680,058 | 683,606 | 663,491 | 668,039 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Deposits | |||||||||||||||||
Noninterest Bearing Deposit Liabilities | 85,791 | 85,300 | 84,116 | 91,550 | 86,972 | 84,086 | 84,158 | 86,838 | 86,756 | 91,220 | 89,989 | 98,006 | |||||
Interest Bearing Deposit Liabilities | 446,275 | 442,878 | 438,100 | 434,599 | 431,745 | 428,439 | 434,151 | 434,293 | 437,029 | 436,843 | 422,323 | 420,352 | |||||
Deposits | 532,066 | 528,178 | 522,216 | 526,149 | 518,717 | 512,525 | 518,309 | 521,131 | 523,785 | 528,063 | 512,312 | 518,358 | |||||
Short Term Borrowings | 37,337 | 17,859 | 17,162 | 15,449 | 15,039 | 17,158 | 15,518 | 23,708 | 16,557 | 17,102 | 15,279 | 21,900 | |||||
Long Term Debt And Capital Lease Obligations Inclu… | 58,671 | 61,361 | 60,764 | 62,535 | 64,013 | 59,859 | 58,002 | 54,839 | 52,720 | 52,693 | 51,480 | 43,074 | |||||
Other Liabilities | 29,949 | 27,353 | 26,552 | 27,426 | 26,705 | 26,389 | 27,449 | 27,470 | 30,111 | 29,715 | 28,649 | 31,129 | |||||
Liabilities | 658,023 | 634,751 | 626,694 | 631,559 | 624,474 | 615,931 | 619,278 | 627,148 | 623,173 | 627,573 | 607,720 | 614,461 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Preferred Stock Including Additional Paid In Capit… | 6,808 | 6,808 | 6,808 | 6,808 | 6,808 | 6,808 | 6,808 | 6,808 | 6,808 | 6,808 | 6,808 | 6,808 | |||||
Common Stock Value | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | |||||
Additional Paid In Capital Common Stock | 8,773 | 8,623 | 8,728 | 8,745 | 8,706 | 8,678 | 8,715 | 8,729 | 8,688 | 8,642 | 8,673 | 8,684 | |||||
Retained Earnings Accumulated Deficit | 83,241 | 81,944 | 80,906 | 79,742 | 78,652 | 77,691 | 76,863 | 76,057 | 75,231 | 74,473 | 74,026 | 74,023 | |||||
Treasury Stock Common Value | -24,300 | -24,387 | -24,283 | -24,228 | -24,140 | -24,060 | -24,065 | -24,010 | -24,020 | -24,023 | -24,126 | -24,168 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -7,111 | -7,223 | -6,987 | -7,748 | -8,609 | -9,042 | -9,764 | -8,746 | -10,308 | -10,353 | -10,096 | -12,255 | |||||
Stockholders Equity | 67,432 | 65,786 | 65,651 | 63,340 | 61,438 | 60,558 | 59,040 | 59,321 | 56,420 | 55,568 | 55,771 | 53,578 | |||||
Minority Interest | 463 | 461 | 458 | 458 | 458 | 462 | 462 | 462 | 465 | 465 | 465 | 465 | |||||
Liabilities And Stockholders Equity | 725,918 | 700,998 | 692,345 | 695,357 | 686,370 | 676,489 | 678,318 | 686,469 | 680,058 | 683,606 | 663,491 | 668,039 | |||||
Asset Pledged As Collateral With Right | - | 316 | 294 | 294 | -84 | 116 | 320 | 23 | -66 | 356 | 338 | - | |||||
Fair Value Inputs Level2 | - | 4,689 | - | 73 | 4,640 | - | - | - | - | - | - | - | |||||
Fair Value Measurements Recurring | - | 25,455 | - | -1,122 | 23,477 | - | - | - | - | - | - | - | |||||
Held To Maturity Securities Fair Value | 64,622 | 66,122 | 67,079 | 67,346 | 67,032 | 67,099 | 66,275 | 71,415 | 69,311 | 71,149 | 74,088 | 70,359 | |||||
Mortgages Held For Sale Fair Value Disclosure | 2,645 | 2,497 | 2,353 | 2,288 | 2,285 | 1,704 | 2,251 | 2,887 | 2,550 | 1,885 | 2,011 | 2,263 | |||||
Deposits Fair Value Disclosure | 13 | 13 | 718 | 4,924 | 7,305 | 6,506 | 5,754 | 7,655 | 6,089 | 4,668 | 2,818 | 444 | |||||
Long Term Debt Fair Value | 1,904 | 1,629 | 1,414 | 1,408 | 1,152 | - | 391 | - | - | - | - | - | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | |||||
Common Stock Shares Issued | 2,126 | 2,126 | 2,126 | 2,126 | 2,126 | 2,126 | 2,126 | 2,126 | 2,126 | 2,126 | 2,126 | 2,126 | |||||
Treasury Stock Common Shares | 568 | 571 | 570 | 569 | 568 | 565 | 566 | 565 | 565 | 565 | 568 | 569 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.71% | 10.26% | 16.79% | - | - | - | - | - | - | - | - | - |
| 2025 | 6.37% | 11.66% | 14.28% | 10.75% | 12.13% | 10.63% | 4.94% | 17.65% | 19.83% | -8.17% | 3.06% | -3.84% |
| 2024 | -1.27% | -3.29% | 10.40% | 13.34% | 9.14% | 15.84% | 11.93% | 1.85% | 4.15% | -8.39% | -16.47% | -7.30% |
| 2023 | - | - | - | -7.60% | -16.36% | -22.48% | 16.76% | 36.57% | 33.35% | 2.28% | 2.22% | 2.88% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | 4.61 | 4.37 | 4.26 | 4.13 | 4.04 | 4.05 | 2.31 | 1.81 | 1.59 | 1.46 | 1.54 | 1.63 | |||||
Efficiency & Turnover | |||||||||||||||||
| Days Sales Outstanding TTM | - | 238.05 | 368.79 | 3.67 | 158.37 | 32.45 | 339.51 | 0.66 | 0.85 | 26.88 | 333.62 | 145.12 | |||||
| Receivables Turnover TTM | - | 1.53 | 0.99 | 99.45 | 2.30 | 11.25 | 1.08 | 549.53 | 428.30 | 13.58 | 1.09 | 2.52 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 5.01 | 4.77 | 4.62 | 4.37 | 4.18 | 4.04 | 3.79 | 3.73 | 3.53 | 3.33 | 3.54 | 3.43 | |||||
| Free Cash Flow Per Share TTM | 8.04 | 6.17 | 5.10 | 6.39 | 4.69 | 5.31 | 7.21 | 4.37 | 6.30 | 6.58 | 5.47 | 9.64 | |||||
| Dividend Per Share TTM | 2.08 | 2.06 | 2.03 | 2.02 | 2.00 | 1.99 | 1.98 | 1.96 | 1.94 | 1.92 | 1.92 | 1.90 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 54.75% | 53.75% | 53.76% | 53.47% | 52.92% | 52.19% | 51.44% | 44.07% | 44.86% | 46.80% | 50.21% | 62.29% | |||||
| Operating Profit Margin TTM | 32.62% | 31.24% | 30.73% | 29.44% | 27.81% | 26.72% | 24.98% | 21.52% | 21.38% | 20.71% | 22.88% | 24.69% | |||||
| Net Profit Margin TTM | 24.88% | 23.72% | 23.23% | 22.03% | 20.99% | 20.07% | 18.66% | 18.41% | 17.64% | 16.83% | 18.19% | 18.83% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 0.80% | -0.40% | -2.20% | -2.28% | -0.73% | 1.98% | 5.53% | 11.98% | 24.11% | 43.35% | 67.22% | 84.12% | |||||
| Net Income Growth (1Y) | 19.48% | 17.71% | 21.75% | 16.95% | 18.15% | 21.62% | 8.26% | 9.49% | -1.85% | -11.70% | -6.51% | -14.50% | |||||
| EPS Growth (1Y) | 19.86% | 18.09% | 21.98% | 17.25% | 18.23% | 21.62% | 7.08% | 8.57% | -3.55% | -13.23% | -9.78% | -17.92% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 12.06 | 10.80 | 11.33 | 10.75 | 10.41 | 9.93 | 11.87 | 11.41 | 10.33 | 12.21 | 10.99 | 8.56 | |||||
| P/B TTM | 1.39 | 1.22 | 1.24 | 1.15 | 1.10 | 1.03 | 1.19 | 1.12 | 1.01 | 1.14 | 1.08 | 0.85 | |||||
| P/S TTM | 3.00 | 2.56 | 2.63 | 2.37 | 2.19 | 1.99 | 2.21 | 2.10 | 1.82 | 2.06 | 2.00 | 1.61 | |||||
| Market Cap | 93.86B | 80.14B | 81.53B | 73.14B | 67.84B | 62.61B | 70.13B | 66.40B | 56.97B | 63.32B | 59.99B | 45.46B | |||||
| Enterprise Value | 123.38B | 110.94B | 112.57B | 84.49B | 89.09B | 89.61B | 87.15B | 71.38B | 60.42B | 56.13B | 65.56B | 46.08B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 12.49B | 9.58B | 7.94B | 9.94B | 7.32B | 8.28B | 11.25B | 6.82B | 9.82B | 10.27B | 8.45B | 14.92B | |||||
| Net Debt | 29.52B | 30.80B | 31.04B | 11.35B | 21.25B | 27.00B | 17.02B | 4.99B | 3.45B | -7.19B | 5.57B | 620.00M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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US BANCORP \DE\ (USB) — SEC Financial Statements & Analysis
US BANCORP \DE\ (USB) is a national commercial banks company, incorporated in DE. US BANCORP \DE\ trades on NYSE as: USB, USB-PA, USB-PH, USB-PP, USB-PQ, USB-PR, USB-PS. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), US BANCORP \DE\ reported a 0.80% year-over-year revenue growth, a Gross Profit Margin of 54.75% (TTM), a Price-to-Sales (P/S) ratio of 3.00x (TTM), a Price-to-Book (P/B) ratio of 1.39x (TTM), at a market cap of $93.86B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 0.80%
- Gross Profit Margin TTM
- 54.75%
- P/S TTM
- 3.00x
- P/B TTM
- 1.39x
- Market Cap
- $93.86B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is US BANCORP \DE\ in?
US BANCORP \DE\ (USB) operates in the National Commercial Banks industry.
What is USB's market cap?
US BANCORP \DE\ (USB) has a market capitalization of $93.86B as of 2026-06-30.
What is USB's P/E ratio?
US BANCORP \DE\ (USB)'s trailing twelve month P/E ratio is 12.06x as of 2026-06-30.
What exchange does USB trade on?
US BANCORP \DE\ (USB) trades on the NYSE.
Where is US BANCORP \DE\ incorporated?
US BANCORP \DE\ is incorporated in DE.