U.S. Bancorp (BIT:1USB)

U.S. Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Interest Income	16,424	16,289	17,396	14,728	12,494	12,825
Net Interest Income Growth	0.42%	-6.36%	18.12%	17.88%	-2.58%	-1.74%
Non-Interest Income	9,758	11,046	10,617	9,456	10,227	10,401
Non-Interest Income Growth	3.18%	4.04%	12.28%	-7.54%	-1.67%	5.80%
Revenues Before Loan Losses	27,715	27,335	28,013	24,184	22,721	23,226
Provision for Credit Losses	2,155	2,238	2,275	1,977	-1,173	3,806
Revenue	14,269	14,051	15,121	12,751	13,667	9,019
Revenue Growth (YoY)	0.44%	-7.08%	18.59%	-6.70%	51.54%	-21.90%
Compensation Expenses	10,481	10,554	10,416	9,157	8,728	7,938
Selling, General & Admin	4,506	4,430	4,601	3,807	3,634	3,422
Other Non-Interest Expenses	1,941	2,204	3,856	1,942	1,366	2,009
Total Non-Interest Expense	16,928	17,188	18,873	14,906	13,728	13,369
Pretax Income	8,632	7,909	6,865	7,301	10,166	6,051
Provision for Income Taxes	1,703	1,580	1,407	1,463	2,181	1,066
Net Income	6,518	5,909	5,051	5,501	7,605	4,621
Minority Interest in Earnings	-28	-30	-29	-13	-22	-26
Net Income Attributable to Preferred Dividends	383	390	378	324	358	338
Net Income to Common	6,518	5,909	5,051	5,501	7,605	4,621
Net Income Growth	32.88%	16.99%	-8.18%	-27.67%	64.58%	-29.80%
Shares Outstanding (Basic)	1,560	1,560	1,543	1,489	1,489	1,509
Shares Outstanding (Diluted)	1,561	1,561	1,543	1,490	1,490	1,510
Shares Change (YoY)	0.26%	1.17%	3.56%	-	-1.32%	-4.61%
EPS (Basic)	4.18	3.79	3.27	3.69	5.11	3.06
EPS (Diluted)	4.18	3.79	3.27	3.69	5.10	3.06
EPS Growth	33.12%	15.90%	-11.38%	-27.65%	66.67%	-26.44%
Free Cash Flow	7,484	11,273	8,447	21,119	9,870	3,716
Free Cash Flow Growth	-33.61%	33.46%	-60.00%	113.97%	165.61%	-23.99%
Free Cash Flow Per Share	4.80	7.22	5.47	14.17	6.62	2.46
Dividends Per Share	2.000	1.980	1.930	1.880	1.760	1.680
Dividend Growth	1.01%	2.59%	2.66%	6.82%	4.76%	6.33%
Profit Margin	48.56%	45.04%	36.10%	45.78%	58.43%	55.27%
FCF Margin	52.45%	80.23%	55.86%	165.63%	72.22%	41.20%
EBITDA	901	939	1,018	560	497	527
EBITDA Margin	6.31%	6.68%	6.73%	4.39%	3.64%	5.84%
Effective Tax Rate	19.73%	19.98%	20.50%	20.04%	21.45%	17.62%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.