U.S. Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Net Interest Income	17,130	16,649	16,289	17,396	14,728	12,494
Net Interest Income Growth	4.30%	2.21%	-6.36%	18.12%	17.88%	-2.58%
Non-Interest Income	11,003	11,891	11,046	10,617	9,456	10,227
Non-Interest Income Growth	21.09%	7.65%	4.04%	12.28%	-7.54%	-1.67%
Revenues Before Loan Losses	28,133	28,540	27,335	28,013	24,184	22,721
Provision for Credit Losses	2,262	2,186	2,238	2,275	1,977	-1,173
Revenue	27,321	26,354	25,097	25,738	22,207	23,894
Revenue Growth (YoY)	6.89%	5.01%	-2.49%	15.90%	-7.06%	23.04%
Compensation Expenses	10,403	10,327	10,554	10,416	9,157	8,728
Selling, General & Admin	4,805	4,611	4,430	4,601	3,807	3,634
Other Non-Interest Expenses	1,909	1,899	2,204	3,856	1,942	1,366
Total Non-Interest Expense	17,117	16,837	17,188	18,873	14,906	13,728
Pretax Income	10,204	9,517	7,909	6,865	7,301	10,166
Provision for Income Taxes	2,012	1,921	1,580	1,407	1,463	2,181
Net Income	8,192	7,596	6,329	5,458	5,838	7,985
Minority Interest in Earnings	24	26	30	29	13	22
Net Income Attributable to Preferred Dividends	371	376	390	378	324	358
Net Income to Common	7,797	7,194	5,909	5,051	5,501	7,605
Net Income Growth	19.62%	21.75%	16.99%	-8.18%	-27.67%	64.58%
Shares Outstanding (Basic)	1,555	1,557	1,560	1,543	1,489	1,489
Shares Outstanding (Diluted)	1,556	1,558	1,561	1,543	1,490	1,490
Shares Change (YoY)	-0.27%	-0.19%	1.17%	3.56%	-	-1.32%
EPS (Basic)	5.01	4.62	3.79	3.27	3.69	5.11
EPS (Diluted)	5.01	4.62	3.79	3.27	3.69	5.10
EPS Growth	19.86%	21.90%	15.90%	-11.38%	-27.65%	66.67%
Free Cash Flow	-	7,970	11,350	8,393	21,119	9,870
Free Cash Flow Growth	-	-29.78%	35.23%	-60.26%	113.97%	165.61%
Free Cash Flow Per Share	-	5.12	7.27	5.44	14.17	6.62
Dividends Per Share	2.080	2.040	1.980	1.930	1.880	1.760
Dividend Growth	1.96%	3.03%	2.59%	2.66%	6.82%	4.76%
Profit Margin	29.98%	28.82%	25.22%	21.21%	26.29%	33.42%
FCF Margin	-	30.24%	45.22%	32.61%	95.10%	41.31%
Effective Tax Rate	19.72%	20.18%	19.98%	20.50%	20.04%	21.45%

SEC Filings: 10-K · 10-Q