U.S. Bancorp Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	46,839	56,449	61,139	53,497	28,827
Investment Securities	56,038	55,265	44,510	43,460	51,923
Trading Asset Securities	3,701	3,458	2,865	2,445	2,278
Mortgage-Backed Securities	120,994	117,732	116,119	123,819	127,422
Total Investments	180,733	176,455	163,494	169,724	181,623
Gross Loans	391,335	379,832	373,835	388,213	312,028
Allowance for Loan Losses	-7,605	-7,583	-7,379	-6,936	-5,724
Net Loans	383,730	372,249	366,456	381,277	306,304
Property, Plant & Equipment	3,768	3,565	3,623	3,858	3,305
Goodwill	12,635	12,536	12,489	12,373	10,262
Other Intangible Assets	1,745	2,178	2,707	3,400	785
Loans Held for Sale	2,538	2,573	2,201	2,200	7,775
Restricted Cash	51	53	53	45	78
Other Current Assets	2,585	7,501	3,548	702	1,193
Other Real Estate Owned & Foreclosed	43	39	45	44	44
Other Long-Term Assets	57,678	44,720	47,736	47,685	33,088
Total Assets	692,345	678,318	663,491	674,805	573,284
Interest Bearing Deposits	424,715	419,599	406,987	375,234	318,439
Institutional Deposits	13,385	14,552	15,336	11,999	2,743
Non-Interest Bearing Deposits	84,116	84,158	89,989	137,743	134,901
Total Deposits	522,216	518,309	512,312	524,976	456,083
Short-Term Borrowings	20,562	20,729	19,868	37,364	13,105
Current Portion of Long-Term Debt	15,402	-	1,000	-	1,300
Current Portion of Leases	369	-	-	-	-
Long-Term Debt	30,187	42,452	38,429	34,778	27,551
Federal Home Loan Bank Debt, Long-Term	15,050	15,550	12,051	5,051	3,274
Long-Term Leases	1,175	-	-	-	1,300
Other Long-Term Liabilities	21,733	22,238	24,060	21,404	15,284
Total Liabilities	626,694	619,278	607,720	623,573	517,897
Preferred Stock, Redeemable	6,808	6,808	6,808	6,808	6,371
Common Stock	21	21	21	21	21
Additional Paid-In Capital	8,728	8,715	8,673	8,712	8,539
Retained Earnings	80,906	76,863	74,026	71,901	69,201
Treasury Stock	-24,283	-24,065	-24,126	-25,269	-27,271
Comprehensive Income & Other	-6,987	-9,764	-10,096	-11,407	-1,943
Total Common Equity	58,385	51,770	48,498	43,958	48,547
Minority Interest	458	462	465	466	469
Shareholders' Equity	65,651	59,040	55,771	51,232	55,387
Total Liabilities & Equity	692,345	678,318	663,491	674,805	573,284
Total Debt	82,745	78,731	71,348	77,193	46,530
Net Cash (Debt)	-32,205	-18,824	-7,344	-21,251	-15,425
Net Cash Per Share	-20.67	-12.06	-4.76	-14.26	-10.35
Filing Date Shares Outstanding	1,554	1,560	1,558	1,531	1,484
Total Common Shares Outstanding	1,555	1,560	1,558	1,531	1,484
Book Value Per Share	37.54	33.19	31.13	28.71	32.72
Tangible Book Value	44,005	37,056	33,302	28,185	37,500
Tangible Book Value Per Share	28.29	23.76	21.37	18.41	25.28

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