U.S. Bancorp (USB)
Pairs deposit-funded banking with card issuing, merchant acquiring, wealth and institutional services.
$59.29
vs last close−1.15 (−1.90%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10,518 | 10,383 | 10,464 | 10,800 | 10,784 | 10,664 | 10,352 | 10,528 | 11,005 | 10,976 | 10,835 | 10,923 |
| Cost of revenue | 4,033 | 4,164 | 4,332 | 4,530 | 4,508 | 4,245 | 3,961 | 4,054 | 4,276 | 3,639 | 4,151 | 3,775 |
| Gross profit | 6,485 | 6,219 | 6,132 | 6,270 | 6,276 | 6,419 | 6,391 | 6,474 | 6,729 | 7,337 | 6,684 | 7,148 |
| 4,530 | 5,219 | 4,459 | 4,214 | 4,204 | 4,311 | 4,232 | 4,181 | 4,197 | 4,804 | 3,994 | 4,428 | |
| 2,791 | 2,815 | 2,827 | 2,777 | 2,802 | 2,767 | 2,819 | 2,761 | 2,736 | 4,227 | 3,249 | 3,805 | |
| Selling & marketing | 176 | 306 | 136 | 158 | 165 | 160 | 182 | 161 | 175 | 187 | 217 | 216 |
| General & administrative | 2,615 | 2,509 | 2,691 | 2,619 | 2,637 | 2,607 | 2,637 | 2,600 | 2,561 | 4,040 | 3,032 | 3,589 |
| Other expenses | 1,739 | 2,404 | 1,632 | 1,437 | 1,402 | 1,544 | 1,413 | 1,420 | 1,461 | 577 | 745 | 623 |
| Operating income | 1,955 | 1,000 | 1,673 | 2,056 | 2,072 | 2,108 | 2,159 | 2,293 | 2,532 | 2,533 | 2,690 | 2,720 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −271 | 0 | |
| Interest income | 7,754 | 7,763 | 7,764 | 7,985 | 8,086 | 7,831 | 7,516 | 7,604 | 7,927 | 7,923 | 7,838 | 7,598 |
| Interest expense | 3,518 | 3,652 | 3,779 | 3,962 | 3,951 | 3,685 | 3,424 | 3,553 | 3,705 | 3,639 | 3,575 | 3,237 |
| Other non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 271 | 0 |
| Income before tax | 1,955 | 1,000 | 1,673 | 2,056 | 2,072 | 2,108 | 2,159 | 2,293 | 2,532 | 2,533 | 2,419 | 2,720 |
| Income tax expense | 431 | 139 | 347 | 445 | 350 | 438 | 443 | 472 | 524 | 482 | 469 | 537 |
| Net income from continuing operations | 1,524 | 861 | 1,326 | 1,611 | 1,722 | 1,670 | 1,716 | 1,821 | 2,008 | 2,051 | 1,950 | 2,183 |
| Net income | 1,523 | 847 | 1,319 | 1,603 | 1,714 | 1,663 | 1,709 | 1,815 | 2,001 | 2,051 | 1,945 | 2,177 |
| EPS, basic | $0.91 | $0.49 | $0.78 | $0.97 | $1.03 | $1.01 | $1.03 | $1.11 | $1.22 | $1.26 | $1.18 | $1.35 |
| EPS, diluted | $0.91 | $0.49 | $0.78 | $0.97 | $1.03 | $1.01 | $1.03 | $1.11 | $1.21 | $1.26 | $1.18 | $1.35 |
| Weighted average shares, basic | 1,548 | 1,557 | 1,559 | 1,560 | 1,561 | 1,560 | 1,559 | 1,559 | 1,557 | 1,555 | 1,554 | 1,554 |
| Weighted average shares, diluted | 1,549 | 1,558 | 1,559 | 1,561 | 1,561 | 1,560 | 1,560 | 1,559 | 1,557 | 1,556 | 1,555 | 1,555 |
| EBITDA | 2,211 | 1,250 | 1,909 | 2,290 | 2,303 | 2,346 | 2,374 | 2,510 | 2,748 | 2,659 | 2,623 | 2,834 |
| Depreciation & amortization | 256 | 250 | 236 | 234 | 231 | 238 | 215 | 217 | 216 | 126 | 204 | 114 |
| EBIT | 1,955 | 1,000 | 1,673 | 2,056 | 2,072 | 2,108 | 2,159 | 2,293 | 2,532 | 2,533 | 2,419 | 2,720 |