U.S. Bancorp (USB)
NYSE: USB · Real-Time Price · USD
63.94
+0.13 (0.20%)
At close: Aug 7, 2026, 4:00 PM EDT
64.12
+0.18 (0.28%)
After-hours: Aug 7, 2026, 7:38 PM EDT
U.S. Bancorp Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 Income | 7,806 | 7,570 | 6,299 | 5,429 | 5,825 | 7,963 |
Depreciation & Amortization | 864 | 875 | 939 | 1,018 | 560 | 497 |
Provision for Credit Losses | 2,225 | 2,186 | 2,238 | 2,275 | 1,977 | -1,173 |
Net Change in Loans Held-for-Sale | -1,030 | -97 | -217 | -250 | 5,768 | 1,688 |
Other Adjustments | -247 | -2,564 | 2,091 | -79 | 6,989 | 895 |
Operating Cash Flow | 9,595 | 7,970 | 11,350 | 8,393 | 21,119 | 9,870 |
Operating Cash Flow Growth | 14.49% | -29.78% | 35.23% | -60.26% | 113.97% | 165.61% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 Change in Short-Term Interbank Lending and Reverse Repurchase Agreements | 223 | -5,988 | -3,859 | -2,404 | 252 | -4,466 |
Net Change in Loans Held-for-Investment | -19,108 | -12,778 | -7,897 | 8,430 | -25,011 | -11,276 |
Net Change in Securities and Investments | -1,134 | 1,225 | -10,840 | 14,413 | 25,394 | -41,766 |
Cash Acquisitions | - | -36 | -103 | -330 | 12,257 | -661 |
Other Investing Activities | -3,286 | -2,961 | -1,835 | -1,184 | -5,392 | 664 |
Investing Cash Flow | -23,341 | -20,538 | -24,534 | 18,925 | 7,500 | -57,487 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 Change in Deposits | 15,182 | 3,330 | 6,251 | -12,567 | -17,215 | 26,313 |
Short-Term Debt Issued | 701 | 1,644 | 239 | -16,508 | 15,213 | 30 |
Net Short-Term Debt Issued (Repaid) | 701 | 1,644 | 239 | -16,508 | 15,213 | 30 |
Long-Term Debt Issued | 10,059 | 10,360 | 12,017 | 15,583 | 8,732 | 2,626 |
Long-Term Debt Repaid | -10,176 | -9,052 | -6,042 | -4,084 | -6,926 | -11,432 |
Net Long-Term Debt Issued (Repaid) | -117 | 1,308 | 5,975 | 11,499 | 1,806 | -8,806 |
Issuance of Common Stock | 45 | 45 | 32 | 951 | 21 | 43 |
Repurchase of Common Stock | -605 | -489 | -173 | -62 | -69 | -1,555 |
Net Common Stock Issued (Repurchased) | -560 | -444 | -141 | 889 | -48 | -1,512 |
Issuance of Preferred Stock | - | - | - | - | 437 | 2,221 |
Repurchase of Preferred Stock | - | - | - | - | -1,100 | -1,250 |
Net Preferred Stock Issued (Repurchased) | - | - | - | - | -663 | 971 |
Common Dividends Paid | -3,197 | -3,168 | -3,092 | -2,970 | -2,776 | -2,579 |
Preferred Share Dividends Paid | -330 | -334 | -356 | -341 | -299 | -308 |
Other Financing Activities | -76 | -86 | -55 | - | - | -167 |
Financing Cash Flow | 11,579 | 2,250 | 8,821 | -19,998 | -3,982 | 13,942 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Foreign Exchange Rate Adjustments | - | 706 | -327 | 330 | - | - |
Net Cash Flow | -1,593 | -9,612 | -4,690 | 7,650 | 24,637 | -33,675 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Free Cash Flow | 9,595 | 7,970 | 11,350 | 8,393 | 21,119 | 9,870 |
Free Cash Flow Growth | 14.49% | -29.78% | 35.23% | -60.26% | 113.97% | 165.61% |
FCF Margin | 36.01% | 30.24% | 45.22% | 32.61% | 95.10% | 41.31% |
Free Cash Flow Per Share | 6.16 | 5.12 | 7.27 | 5.44 | 14.17 | 6.62 |