U.S. Bancorp (BMV:USB)

U.S. Bancorp Balance Sheet

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
Cash & Equivalents	57,807	56,449	61,139	53,497	28,827	62,507
Investment Securities	90,577	55,265	44,510	43,460	51,923	36,844
Trading Asset Securities	-	3,369	2,865	2,445	2,278	4,127
Mortgage-Backed Securities	77,879	117,732	116,119	123,819	127,422	105,374
Total Investments	168,456	176,366	163,494	169,724	181,623	146,345
Gross Loans	380,243	379,832	373,835	388,213	312,028	297,707
Allowance for Loan Losses	-7,537	-7,583	-7,379	-6,936	-5,724	-7,314
Net Loans	372,706	372,249	366,456	381,277	306,304	290,393
Property, Plant & Equipment	3,625	3,565	3,623	3,858	3,305	3,468
Goodwill	12,637	12,536	12,489	12,373	10,262	9,918
Other Intangible Assets	1,699	2,178	2,707	3,400	785	654
Loans Held for Sale	2,288	2,573	2,201	2,200	7,775	8,761
Restricted Cash	-	53	53	45	78	73
Other Current Assets	-	7,501	3,548	702	1,193	1,255
Other Real Estate Owned & Foreclosed	43	39	45	44	44	74
Other Long-Term Assets	67,109	44,809	47,736	47,685	33,088	30,457
Total Assets	686,370	678,318	663,491	674,805	573,284	553,905
Interest Bearing Deposits	431,745	419,599	406,987	375,234	318,439	289,438
Institutional Deposits	-	14,552	15,336	11,999	2,743	22,243
Non-Interest Bearing Deposits	86,972	84,158	89,989	137,743	134,901	118,089
Total Deposits	518,717	518,309	512,312	524,976	456,083	429,770
Short-Term Borrowings	15,039	20,729	19,868	37,364	13,105	13,056
Current Portion of Long-Term Debt	-	8,199	1,000	-	1,300	-
Current Portion of Leases	-	362	-	-	-	-
Long-Term Debt	64,013	34,104	38,429	34,778	27,551	37,022
Federal Home Loan Bank Debt, Long-Term	-	15,550	12,051	5,051	3,274	4,275
Long-Term Leases	-	1,156	-	-	1,300	1,300
Other Long-Term Liabilities	26,705	20,869	24,060	21,404	15,284	14,757
Total Liabilities	624,474	619,278	607,720	623,573	517,897	500,180
Preferred Stock, Redeemable	6,808	6,808	6,808	6,808	6,371	5,983
Common Stock	21	21	21	21	21	21
Additional Paid-In Capital	8,706	8,715	8,673	8,712	8,539	8,511
Retained Earnings	78,652	76,863	74,026	71,901	69,201	64,188
Treasury Stock	-24,140	-24,065	-24,126	-25,269	-27,271	-25,930
Comprehensive Income & Other	-8,609	-9,764	-10,096	-11,407	-1,943	322
Total Common Equity	54,630	51,770	48,498	43,958	48,547	47,112
Minority Interest	458	462	465	466	469	630
Shareholders' Equity	61,896	59,040	55,771	51,232	55,387	53,725
Total Liabilities & Equity	686,370	678,318	663,491	674,805	573,284	553,905
Total Debt	79,052	80,100	71,348	77,193	46,530	55,653
Net Cash (Debt)	-21,245	-20,282	-7,344	-21,251	-15,425	10,981
Net Cash Per Share	-13.61	-12.99	-4.76	-14.26	-10.35	7.27
Filing Date Shares Outstanding	1,558	1,560	1,558	1,531	1,484	1,502
Total Common Shares Outstanding	1,558	1,560	1,558	1,531	1,484	1,507
Book Value Per Share	35.06	33.19	31.13	28.71	32.72	31.26
Tangible Book Value	40,294	37,056	33,302	28,185	37,500	36,540
Tangible Book Value Per Share	25.86	23.76	21.37	18.41	25.28	24.25

Source: S&P Global Market Intelligence. Banks template. Financial Sources.