For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Loans | 5,526 | 5,599 | 5,688 | 5,548 |
| Loans held for sale | 35 | 43 | 35 | 59 |
| Investment securities | 1,303 | 1,343 | 1,392 | 1,355 |
| Other interest income | 974 | 938 | 812 | 642 |
| Total interest income | 7,838 | 7,923 | 7,927 | 7,604 |
| Deposits | 2,284 | 2,451 | 2,648 | 2,541 |
| Short-term borrowings | 645 | 505 | 328 | 291 |
| Long-term debt | 646 | 683 | 729 | 721 |
| Total interest expense | 3,575 | 3,639 | 3,705 | 3,553 |
| Net interest income | 4,263 | 4,284 | 4,222 | 4,051 |
| Provision for credit losses | 576 | 577 | 571 | 501 |
| Net interest income after provision for credit losses | 3,687 | 3,707 | 3,651 | 3,550 |
| Card revenue | 391 | 455 | 440 | 442 |
| Corporate payment products revenue | - | 189 | 195 | 192 |
| Corporate payment and treasury management revenue | 408 | - | - | - |
| Merchant processing services | 436 | 440 | 463 | 474 |
| Trust and investment management fees | 745 | 756 | 730 | 703 |
| Service charges | - | 318 | 333 | 336 |
| Lending and deposit-related fees | 294 | - | - | - |
| Capital markets revenue | 377 | 427 | 434 | 390 |
| Mortgage banking revenue | 161 | 130 | 180 | 162 |
| Investment products fees | 97 | 101 | 97 | 90 |
| Securities losss (gaines), net | -35 | 3 | -7 | -57 |
| Other | 123 | 234 | 213 | 192 |
| Total noninterest income | 2,997 | 3,053 | 3,078 | 2,924 |
| Compensation and employee benefits | 2,628 | 2,529 | 2,561 | 2,600 |
| Net occupancy and equipment | 304 | 320 | 300 | 301 |
| Professional services | 92 | 144 | 117 | 109 |
| Marketing and business development | 217 | 187 | 175 | 161 |
| Technology and communications | 573 | 584 | 560 | 534 |
| Other intangibles | 110 | 126 | 125 | 124 |
| Merger and integration charges | - | 0 | 0 | 0 |
| Other | 341 | 337 | 359 | 352 |
| Total noninterest expense | 4,265 | 4,227 | 4,197 | 4,181 |
| Income before income taxes | 2,419 | 2,533 | 2,532 | 2,293 |
| Applicable income taxes | 469 | 482 | 524 | 472 |
| Net income | 1,950 | 2,051 | 2,008 | 1,821 |
| Net (income) loss attributable to noncontrolling interests | 5 | 6 | 7 | 6 |
| Net income attributable to u.s. bancorp | 1,945 | 2,045 | 2,001 | 1,815 |
| Basic EPS | 1.18 | 1.317 | 1.22 | 1.11 |
| Diluted EPS | 1.18 | 1.314 | 1.22 | 1.11 |
| Basic Average Shares | 1,554,000,000 | 1,553,000,000 | 1,557,000,000 | 1,559,000,000 |
| Diluted Average Shares | 1,555,000,000 | 1,556,000,000 | 1,557,000,000 | 1,559,000,000 |