U.S. Bancorp (LON: 0LHY)

U.S. Bancorp Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 29, 2024	Dec 30, 2023	Dec 30, 2022	Dec 30, 2021	Dec 30, 2020	Dec 30, 2019
Cash & Equivalents	73,562	61,139	53,497	28,827	62,507	19,205
Investment Securities	56,024	44,510	43,460	51,923	36,844	33,228
Trading Asset Securities	3,488	2,865	2,445	2,278	4,127	1,915
Mortgage-Backed Securities	113,865	116,119	123,819	127,422	105,374	95,564
Total Investments	173,377	163,494	169,724	181,623	146,345	130,707
Gross Loans	374,164	373,835	388,213	312,028	297,707	296,102
Allowance for Loan Losses	-7,560	-7,379	-6,936	-5,724	-7,314	-4,020
Net Loans	366,604	366,456	381,277	306,304	290,393	292,082
Property, Plant & Equipment	3,585	3,623	3,858	3,305	3,468	3,702
Goodwill	12,573	12,489	12,373	10,262	9,918	9,655
Other Intangible Assets	2,301	2,707	3,400	785	654	677
Loans Held for Sale	3,211	2,201	2,200	7,775	8,761	5,578
Restricted Cash	-	53	45	78	73	3,200
Other Current Assets	7,490	3,548	702	1,193	1,255	951
Other Real Estate Owned & Foreclosed	39	45	44	44	74	137
Other Long-Term Assets	43,727	47,736	47,685	33,088	30,457	29,532
Total Assets	686,469	663,491	674,805	573,284	553,905	495,426
Interest Bearing Deposits	434,293	406,987	375,234	318,439	289,438	254,056
Institutional Deposits	-	15,336	11,999	2,743	22,243	32,270
Non-Interest Bearing Deposits	86,838	89,989	137,743	134,901	118,089	75,590
Total Deposits	521,131	512,312	524,976	456,083	429,770	361,916
Short-Term Borrowings	27,465	19,868	37,364	13,105	13,056	24,639
Current Portion of Long-Term Debt	-	6,663	-	1,300	-	-
Current Portion of Leases	-	418	-	-	-	-
Long-Term Debt	54,839	32,616	34,778	27,551	37,022	35,789
Federal Home Loan Bank Debt, Long-Term	-	12,051	5,051	3,274	4,275	4,378
Long-Term Leases	-	1,138	-	1,300	1,300	-
Other Long-Term Liabilities	23,713	22,654	21,404	15,284	14,757	16,221
Total Liabilities	627,148	607,720	623,573	517,897	500,180	442,943
Preferred Stock, Redeemable	6,808	6,808	6,808	6,371	5,983	5,984
Common Stock	21	21	21	21	21	21
Additional Paid-In Capital	8,729	8,673	8,712	8,539	8,511	8,475
Retained Earnings	76,057	74,026	71,901	69,201	64,188	63,186
Treasury Stock	-24,010	-24,126	-25,269	-27,271	-25,930	-24,440
Comprehensive Income & Other	-8,746	-10,096	-11,407	-1,943	322	-1,373
Total Common Equity	52,051	48,498	43,958	48,547	47,112	45,869
Minority Interest	462	465	466	469	630	630
Shareholders' Equity	59,321	55,771	51,232	55,387	53,725	52,483
Total Liabilities & Equity	686,469	663,491	674,805	573,284	553,905	495,426
Total Debt	82,304	72,754	77,193	46,530	55,653	64,806
Net Cash (Debt)	-5,254	-8,750	-21,251	-15,425	10,981	-43,686
Net Cash Per Share	-3.37	-5.67	-14.26	-10.35	7.27	-27.60
Filing Date Shares Outstanding	1,560	1,558	1,531	1,484	1,502	1,522
Total Common Shares Outstanding	1,561	1,558	1,531	1,484	1,507	1,534
Book Value Per Share	33.35	31.13	28.71	32.72	31.26	29.90
Tangible Book Value	37,177	33,302	28,185	37,500	36,540	35,537
Tangible Book Value Per Share	23.82	21.37	18.41	25.28	24.25	23.16

Source: S&P Capital IQ. Banks template. Financial Sources.