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US BANCORP DE (USB)

For the quarter ending 2025-06-30, USB made $10,585M in revenue. $1,815M in net income. Net profit margin of 17.15%.

Overview

Revenue
$10,585M
Net Income
$1,815M
Net Profit Margin
17.15%
EPS
$1.11
Unit: Million (M) dollars
Revenue Breakdown
    • Loans
    • Investment securities
    • Trust and investment management ...
    • Others

Unit: Million (M) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Applicable income taxes472 443 350 445
Commercial products revenue- - 397 374
Service charges336 315 302 322
Merchant processing services474 415 440 454
Investment products fees90 87 84 82
Trust and investment management fees703 680 667 649
Card revenue442 398 426 428
Corporate payment products revenue192 189 203 195
Capital markets revenue390 382 - -
Other192 197 143 157
Mortgage banking revenue162 173 155 190
Securities gains (losses), net-57 - -119 -36
Total noninterest income2,924 2,836 2,698 2,815
Merger and integration charges- - - -
Professional services109 98 130 116
Other352 353 289 354
Net occupancy and equipment301 306 317 316
Marketing and business development161 182 165 158
Compensation and employee benefits2,600 2,637 2,637 2,619
Technology and communications534 533 524 509
Other intangibles124 123 142 142
Total noninterest expense4,181 4,232 4,204 4,214
Provision for credit losses501 537 557 568
Short-term borrowings291 249 284 296
Long-term debt721 664 663 638
Deposits2,541 2,511 3,004 3,028
Total interest expense3,553 3,424 3,951 3,962
Other interest income642 647 863 889
Loans5,548 5,533 5,862 5,761
Loans held for sale59 28 45 41
Investment securities1,355 1,308 1,316 1,294
Total interest income7,604 7,516 8,086 7,985
Net interest income4,051 4,092 4,135 4,023
Net interest income after provision for credit losses3,550 3,555 3,578 3,455
Income before income taxes2,293 2,159 2,072 2,056
Net income1,821 1,716 1,722 1,611
Net (income) loss attributable to noncontrolling interests6 7 8 8
Net income attributable to u.s. bancorp1,815 1,709 1,714 1,603
Average common shares outstanding (in shares)1,559,000,000 1,559,000,000 1,561,000,000 1,560,000,000
Average diluted common shares outstanding (in shares)1,559,000,000 1,560,000,000 1,561,000,000 1,561,000,000
Diluted earnings per common share (in dollars per share)1.11 1.03 1.03 0.97
Earnings per common share (in dollars per share)1.11 1.03 1.03 0.97
Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement

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Investment securities$1,355M (4.71%↑ Y/Y)Loans held for sale$59M (43.90%↑ Y/Y)Loans$5,548M (-3.70%↓ Y/Y)Other interest income$642M (-27.78%↓ Y/Y)Total interest income$7,604M (-4.77%↓ Y/Y)Net interest income$4,051M (0.70%↑ Y/Y)Mortgage banking revenue$162M (-14.74%↓ Y/Y)Other$192M (22.29%↑ Y/Y)Capital markets revenue$390M Corporate paymentproducts revenue$192M (-1.54%↓ Y/Y)Card revenue$442M (3.27%↑ Y/Y)Trust and investmentmanagement fees$703M (8.32%↑ Y/Y)Investment products fees$90M (9.76%↑ Y/Y)Merchant processingservices$474M (4.41%↑ Y/Y)Service charges$336M (4.35%↑ Y/Y)Total interestexpense$3,553M (-10.32%↓ Y/Y)Net interest incomeafter provision for...$3,550M (2.75%↑ Y/Y)Total noninterestincome$2,924M (3.87%↑ Y/Y)Provision for creditlosses$501M (-11.80%↓ Y/Y)Securities gains (losses),net-$57M (-58.33%↓ Y/Y)Deposits$2,541M (-16.08%↓ Y/Y)Long-term debt$721M (13.01%↑ Y/Y)Short-term borrowings$291M (-1.69%↓ Y/Y)Income before incometaxes$2,293M (11.53%↑ Y/Y)Total noninterestexpense$4,181M (-0.78%↓ Y/Y)Net income$1,821M (13.04%↑ Y/Y)Applicable income taxes$472M (6.07%↑ Y/Y)Other intangibles$124M (-12.68%↓ Y/Y)Technology andcommunications$534M (4.91%↑ Y/Y)Compensation and employeebenefits$2,600M (-0.73%↓ Y/Y)Marketing and businessdevelopment$161M (1.90%↑ Y/Y)Net occupancy andequipment$301M (-4.75%↓ Y/Y)Other$352M (-0.56%↓ Y/Y)Professional services$109M (-6.03%↓ Y/Y)Net incomeattributable to u.s. bancorp$1,815M (13.23%↑ Y/Y)Net (income) lossattributable to...$6M (-25.00%↓ Y/Y)