The Filings Report

U.S. Bancorp

USBNYSECIK 36104Financial / Banksfiscal year ends December73 quarters since 2008

Revenue, Q2 FY2026
$7.7B
+10.1% on Q2 FY2025
Net income
$2.2B
+19.9% on Q2 FY2025
Free cash flow
—
no year-earlier figure
Diluted EPS
$1.35
+21.6% on Q2 FY2025
Revenue, TTM
$29.7B
trailing four quarters
Net margin, TTM
27.5%
net income $8.2B
Free cash flow, TTM
—
Cash and equivalents
—
long-term debt —, Jun 30, 2026
Shares, 12-month change
+0.1%
1.56B shares, Jun 30, 2026
Buybacks, TTM
$700M
0.8% of market value
Dividends, TTM
$3.2B
3.5% of market value
Market value
$92.6B
at the close, buybacks

Latest quarter Q2 FY2026, filed August 6, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2026, the quarter ended June 30, 2026, U.S. Bancorp reported revenue of $7.7B, +10.1% on Q2 FY2025, and net income of $2.2B (+19.9%). Diluted earnings per share were $1.35.

The last 16 quarters

Q3 FY2022 to Q2 FY2026, through the filing of August 6, 2026.

Revenue and net incomeRevenueNet income
$0$2B$4B$6B$8BQ3'22, Revenue: $6.3BQ3'22, Net income: $1.8BQ3'22Q4'22, Revenue: $6.4BQ4'22, Net income: $925MQ4'22Q1'23, Revenue: $7.2BQ1'23, Net income: $1.7BQ1'23Q2'23, Revenue: $7.2BQ2'23, Net income: $1.4BQ2'23Q3'23, Revenue: $7.0BQ3'23, Net income: $1.5BQ3'23Q4'23, Revenue: $6.8BQ4'23, Net income: $847MQ4'23Q1'24, Revenue: $6.7BQ1'24, Net income: $1.3BQ1'24Q2'24, Revenue: $6.9BQ2'24, Net income: $1.6BQ2'24Q3'24, Revenue: $6.9BQ3'24, Net income: $1.7BQ3'24Q4'24, Revenue: $7.0BQ4'24, Net income: $1.7BQ4'24Q1'25, Revenue: $7.0BQ1'25, Net income: $1.7BQ1'25Q2'25, Revenue: $7.0BQ2'25, Net income: $1.8BQ2'25Q3'25, Revenue: $7.3BQ3'25, Net income: $2.0BQ3'25Q4'25, Revenue: $7.4BQ4'25, Net income: $2.0BQ4'25Q1'26, Revenue: $7.3BQ1'26, Net income: $1.9BQ1'26Q2'26, Revenue: $7.7BQ2'26, Net income: $2.2BQ2'26$0$2B$4B$6B$8BQ3'22, Revenue: $6.3BQ3'22, Net income: $1.8BQ4'22, Revenue: $6.4BQ4'22, Net income: $925MQ4'22Q1'23, Revenue: $7.2BQ1'23, Net income: $1.7BQ2'23, Revenue: $7.2BQ2'23, Net income: $1.4BQ2'23Q3'23, Revenue: $7.0BQ3'23, Net income: $1.5BQ4'23, Revenue: $6.8BQ4'23, Net income: $847MQ4'23Q1'24, Revenue: $6.7BQ1'24, Net income: $1.3BQ2'24, Revenue: $6.9BQ2'24, Net income: $1.6BQ2'24Q3'24, Revenue: $6.9BQ3'24, Net income: $1.7BQ4'24, Revenue: $7.0BQ4'24, Net income: $1.7BQ4'24Q1'25, Revenue: $7.0BQ1'25, Net income: $1.7BQ2'25, Revenue: $7.0BQ2'25, Net income: $1.8BQ2'25Q3'25, Revenue: $7.3BQ3'25, Net income: $2.0BQ4'25, Revenue: $7.4BQ4'25, Net income: $2.0BQ4'25Q1'26, Revenue: $7.3BQ1'26, Net income: $1.9BQ2'26, Revenue: $7.7BQ2'26, Net income: $2.2BQ2'26

Net income losses drawn in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$20B$40B$60BQ3'22, Long-term debt: $32.2BQ3'22Q4'22, Long-term debt: $39.8BQ4'22Q1'23, Long-term debt: $42.0BQ1'23Q2'23, Long-term debt: $45.3BQ2'23Q3'23, Long-term debt: $43.1BQ3'23Q4'23Q1'24Q2'24Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26$0$20B$40B$60BQ3'22, Long-term debt: $32.2BQ4'22, Long-term debt: $39.8BQ4'22Q1'23, Long-term debt: $42.0BQ2'23, Long-term debt: $45.3BQ2'23Q3'23, Long-term debt: $43.1BQ4'23Q2'24Q4'24Q2'25Q4'25Q2'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2026 filed August 6, 2026.

U.S. Bancorp income statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 6, 2026Q1 FY2026ended Mar 31, 2026filed May 4, 2026Q4 FY2025ended Dec 31, 2025filed Feb 23, 2026Q3 FY2025ended Sep 30, 2025filed Nov 5, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 6, 2025Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025Q3 FY2024ended Sep 30, 2024filed Nov 5, 2024YoYQ2 FY2026vs Q2 FY2025
Revenue7,7127,2887,3657,3297,0046,9587,0096,864+10.1%
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative—————————
Operating income—————————
Other income (expense)—————————
Pretax income2,7202,4192,5332,5322,2932,1592,1082,072+18.6%
Income tax537469482524472443438350+13.8%
Net income2,1771,9452,0452,0011,8151,7091,6631,714+19.9%
Diluted EPS ($)1.351.18—1.221.111.03—1.03+21.6%
Diluted shares (millions)1,5551,555—1,5571,5591,560—1,561—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2026 filed August 6, 2026.

U.S. Bancorp balance sheet, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 6, 2026Q1 FY2026ended Mar 31, 2026filed May 4, 2026Q4 FY2025ended Dec 31, 2025filed Feb 23, 2026Q3 FY2025ended Sep 30, 2025filed Nov 5, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 6, 2025Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025Q3 FY2024ended Sep 30, 2024filed Nov 5, 2024YoYQ2 FY2026vs Q2 FY2025
Cash and equivalents—————————
Short-term investments—————————
Total current assets—————————
Total assets725,918700,998692,345695,357686,370676,489678,318686,469+5.8%
Total current liabilities—————————
Long-term debt—————————
Total liabilities658,023634,751626,694631,559624,474615,931619,278627,148+5.4%
Stockholders’ equity67,43265,78665,19363,34061,43860,09658,57858,859+9.8%
Shares outstanding (millions)1,5581,5521,5541,5541,5561,5581,5601,560—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2026 filed August 6, 2026.

U.S. Bancorp cash flow statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 6, 2026Q1 FY2026ended Mar 31, 2026filed May 4, 2026Q4 FY2025ended Dec 31, 2025filed Feb 23, 2026Q3 FY2025ended Sep 30, 2025filed Nov 5, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 6, 2025Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025Q3 FY2024ended Sep 30, 2024filed Nov 5, 2024YoYQ2 FY2026vs Q2 FY2025
Operating cash flow4,8201,3402,8363,5291,913(308)4,843972+152.0%
Capital expenditures—————————
Free cash flow (CFO − capex)—————————
Depreciation and amortization—————————
Share repurchases2012761221011061601221+89.6%
Dividends paid812816813784784787785768+3.6%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 23, 2026.

Income statement

U.S. Bancorp income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 23, 2026FY2024ended Dec 31, 2024filed Feb 21, 2025FY2023ended Dec 31, 2023filed Feb 20, 2024FY2022ended Dec 31, 2022filed Feb 27, 2023FY2021ended Dec 31, 2021filed Feb 22, 2022FY2020ended Dec 31, 2020filed Feb 23, 2021FY2019ended Dec 31, 2019filed Feb 20, 2020FY2018ended Dec 31, 2018filed Feb 22, 2019FY2017ended Dec 31, 2017filed Feb 22, 2018FY2016ended Dec 31, 2016filed Feb 23, 2017FY2015ended Dec 31, 2015filed Feb 25, 2016FY2014ended Dec 31, 2014filed Feb 27, 2015FY2013ended Dec 31, 2013filed Feb 21, 2014FY2012ended Dec 31, 2012filed Feb 22, 2013FY2011ended Dec 31, 2011filed Feb 23, 2012FY2010ended Dec 31, 2010filed Feb 28, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010FY2008ended Dec 31, 2008filed Aug 10, 2009FY2007ended Dec 31, 2007filed Aug 10, 2009
Revenue28,65627,45528,14424,302———22,63721,90221,30820,30620,16119,60220,288—————
Cost of revenue———————————————————
Gross profit———————————————————
Research and development———————————————————
Selling, general and administrative———————————————————
Operating income———————————————————
Other income (expense)———————————————————
Pretax income9,5177,9096,8657,30110,1666,0518,5948,6787,5178,1058,0307,9957,7647,7266,629————
Income tax1,9211,5801,4071,4632,1811,0661,6481,5541,2642,1612,0972,0872,0322,2361,8419353951,0871,883
Net income7,5706,2995,4295,8257,9634,9596,9147,0966,2185,8885,8795,8515,8365,6474,8723,3172,2052,9464,324
Diluted EPS ($)4.623.793.273.695.103.064.164.143.513.243.163.083.002.842.461.730.971.612.42
Diluted shares (millions)1,5581,5611,5431,4901,4901,5101,5831,6381,6831,7241,7721,8131,8491,8961,9231,9211,8591,7561,756

Balance sheet

U.S. Bancorp balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 23, 2026FY2024ended Dec 31, 2024filed Feb 21, 2025FY2023ended Dec 31, 2023filed Feb 20, 2024FY2022ended Dec 31, 2022filed Feb 27, 2023FY2021ended Dec 31, 2021filed Feb 22, 2022FY2020ended Dec 31, 2020filed Feb 23, 2021FY2019ended Dec 31, 2019filed Feb 20, 2020FY2018ended Dec 31, 2018filed Feb 22, 2019FY2017ended Dec 31, 2017filed Feb 22, 2018FY2016ended Dec 31, 2016filed Feb 23, 2017FY2015ended Dec 31, 2015filed Feb 25, 2016FY2014ended Dec 31, 2014filed Feb 27, 2015FY2013ended Dec 31, 2013filed Feb 21, 2014FY2012ended Dec 31, 2012filed Feb 22, 2013FY2011ended Dec 31, 2011filed Feb 23, 2012FY2010ended Dec 31, 2010filed Feb 28, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010FY2008ended Dec 31, 2008filed Aug 10, 2009FY2007ended Dec 31, 2007filed Aug 10, 2009
Cash and equivalents—————————————8,25213,96214,4876,2066,8598,884
Short-term investments———————————————————
Total current assets———————————————————
Total assets692,345678,318663,491674,805573,284553,905495,426467,374462,040445,964421,853402,529364,021353,855340,122307,786281,176265,912—
Total current liabilities———————————————————
Long-term debt———39,82932,12541,29740,16741,34032,25933,32332,07832,26020,04925,51631,95331,53732,58038,359—
Total liabilities626,694619,278607,720623,573517,897500,180442,943415,717412,374398,031375,036358,361322,214313,588305,151277,464254,515238,879—
Stockholders’ equity65,19358,57855,30650,76654,91853,09551,85351,02949,04047,29846,13143,47941,11338,99833,97829,51925,96326,300—
Shares outstanding (millions)1,5541,5601,5581,5311,4841,5021,5221,6011,6521,6941,7371,7811,8231,8631,9111,9221,913——

Cash flow statement

U.S. Bancorp cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 23, 2026FY2024ended Dec 31, 2024filed Feb 21, 2025FY2023ended Dec 31, 2023filed Feb 20, 2024FY2022ended Dec 31, 2022filed Feb 27, 2023FY2021ended Dec 31, 2021filed Feb 22, 2022FY2020ended Dec 31, 2020filed Feb 23, 2021FY2019ended Dec 31, 2019filed Feb 20, 2020FY2018ended Dec 31, 2018filed Feb 22, 2019FY2017ended Dec 31, 2017filed Feb 22, 2018FY2016ended Dec 31, 2016filed Feb 23, 2017FY2015ended Dec 31, 2015filed Feb 25, 2016FY2014ended Dec 31, 2014filed Feb 27, 2015FY2013ended Dec 31, 2013filed Feb 21, 2014FY2012ended Dec 31, 2012filed Feb 22, 2013FY2011ended Dec 31, 2011filed Feb 23, 2012FY2010ended Dec 31, 2010filed Feb 28, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010FY2008ended Dec 31, 2008filed Aug 10, 2009FY2007ended Dec 31, 2007filed Aug 10, 2009
Operating cash flow7,97011,3508,39321,1199,8703,7164,88910,5646,4725,336———7,9589,8205,2417,6005,3072,904
Capital expenditures———————————————————
Free cash flow (CFO − capex)———————————————————
Depreciation and amortization———————————————————
Share repurchases48917362691,5551,6724,5252,8222,6312,5562,1902,2002,2821,856514—001,983
Dividends paid3,1683,0922,9702,7762,5792,5522,4432,0921,9281,8101,7771,7261,5761,3478173831,0252,9592,785

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$2M
1 sales by 1 insider; officers and directors $2M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$13M
7 sales by 7 insiders; officers and directors $13M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Aug 28, 2026Kedia GunjanPresident & CEO, Directoroption exercise27,267$55.01$1M453,529Aug 31, 2026
Aug 28, 2026Kedia GunjanPresident & CEO, Directoropen-market sale27,267$62.37$2M426,262Aug 31, 2026
Jul 23, 2026Chosy James LSenior EVP and General Counseloption exercise24,711$55.01$1M275,652Jul 24, 2026
Jul 23, 2026Chosy James LSenior EVP and General Counselopen-market sale22,968$63.28$1M252,684Jul 24, 2026
Jul 21, 2026Chosy James LSenior EVP and General Counselgift3,969$0.00—250,941Jul 22, 2026
Jul 20, 2026Philipson Stephen LVice Chairopen-market sale36,906$63.08$2M74,969Jul 22, 2026
May 5, 2026Dilip VenkatachariSEVP & Chief Info & Tech Offopen-market sale34,522$55.52$2M51,292May 6, 2026
Apr 21, 2026Richard Jodi LVice Chairopen-market sale40,000$57.00$2M207,251Apr 22, 2026
Mar 5, 2026Stern John CVice Chair and CFOaward25,227$0.00—107,485Mar 9, 2026
Mar 5, 2026Stark Lisa REVP and Controlleraward15,767$0.00—53,166Mar 9, 2026
Mar 5, 2026Runkel Mark G.Vice Chairaward13,356$0.00—117,933Mar 9, 2026
Mar 5, 2026Roy ArijitSr. Exec. VPaward13,356$0.00—47,412Mar 9, 2026
Mar 5, 2026Richard Jodi LVice Chairaward29,679$0.00—247,251Mar 9, 2026
Mar 5, 2026Philipson Stephen LVice Chairaward28,195$0.00—111,830Mar 9, 2026
Mar 5, 2026Kelso CourtneySr. Exec. VPaward13,356$0.00—25,354Mar 9, 2026
Mar 5, 2026Kedia GunjanPresident & CEO, Directoraward100,167$0.00—426,262Mar 9, 2026
Mar 5, 2026Dilip VenkatachariSEVP & Chief Info & Tech Offaward17,807$0.00—85,814Mar 9, 2026
Mar 5, 2026Chosy James LSenior EVP and General Counselaward22,259$0.00—254,910Mar 9, 2026
Mar 5, 2026Barcelos Elcio R.T.Senior EVP, Chief HR Officeraward22,259$0.00—119,922Mar 9, 2026
Mar 5, 2026Badran SouheilSEVP, Chief Operations Officeraward19,291$0.00—100,798Mar 9, 2026
Mar 2, 2026Stern John CVice Chair and CFOtax withholding1,950$54.66$107K82,258Mar 3, 2026
Mar 2, 2026Stark Lisa REVP and Controllertax withholding1,236$54.66$68K37,399Mar 3, 2026
Mar 2, 2026Runkel Mark G.Vice Chairtax withholding8,701$54.66$476K104,577Mar 3, 2026
Mar 2, 2026Roy ArijitSr. Exec. VPtax withholding1,145$54.66$63K34,056Mar 3, 2026
Mar 2, 2026Richard Jodi LVice Chairtax withholding21,552$54.66$1M217,572Mar 3, 2026

Full insider history for U.S. Bancorp, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
US BANCORP \DE\, CIK 36104 on EDGAR
Extract generated
August 27, 2026
Withheld
none
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: Revenues
Cost of revenue: not filed
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: not filed
Operating income: not filed
Other income (expense): not filed
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: not filed
Total assets: Assets
Total current liabilities: not filed
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: not filed
Free cash flow (CFO − capex): not filed
Depreciation and amortization: not filed
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated August 27, 2026.

JSON file
/data/financials/USB.json