U.S. Bancorp delivered strong fourth-quarter results, driven by higher net interest income, fee revenue growth, and disciplined expense management. Profitability and asset quality remained strong, and the company showed positive operating leverage.

U.S. Bancorp reported strong Q3 2025 performance with $2B in net income and $1.22 EPS, supported by a healthy interest margin and noninterest income growth.

US Bancorp delivered positive operating leverage for the fourth consecutive quarter, supported by solid fee revenue growth, prudent expense management, and stable credit quality.

U.S. Bancorp posted a net income of $1.709 billion and EPS of $1.03 in Q1 2025, driven by revenue growth and disciplined cost control. Operating leverage remained positive, and credit quality stayed strong, contributing to a solid quarter.

U.S. Bancorp reported Q4 2024 results with a net income of $1,663 million and diluted EPS of $1.01. Adjusted for notable items, net income was $1,745 million and diluted EPS was $1.07. The company saw positive operating leverage, revenue growth, and maintained a strong CET1 capital ratio of 10.6%.

US Bancorp reported a net income of $1,714 million and diluted earnings per share of $1.03 for Q3 2024. The results included an $89 million after-tax net securities loss, which was largely offset by lower income tax expense. Net interest income increased by 2.8% on a linked quarter basis.

U.S. Bancorp reported a net income of $1,622 million and diluted earnings per share of $0.98, both adjusted for a $26 million FDIC special assessment. The quarter saw a rise in net interest income and momentum in leveraging the diversified fee income platform.

U.S. Bancorp reported a strong first quarter with a return on tangible common equity of 17.4%, a CET1 ratio of 10.0%, and growth in fee businesses. Results were driven by strong client growth and activity, as well as prudent expense management, despite challenges in the interest rate environment.

U.S. Bancorp's Q4 2023 earnings reflect a decrease in net income attributable to U.S. Bancorp compared to both Q4 2022 and Q3 2023, primarily due to notable items and an increase in the provision for credit losses. However, adjusted diluted earnings per common share was $0.99. The company's net interest margin decreased, while noninterest income saw an increase year-over-year. Average total loans and deposits also showed growth year-over-year.

U.S. Bancorp reported a net income attributable to U.S. Bancorp of $1,523 million for Q3 2023, with diluted earnings per common share of $0.91. The results include merger and integration-related charges of $213 million net-of-tax, or $(0.14) per diluted common share. On an adjusted basis, diluted earnings per common share was $1.05.

U.S. Bancorp reported a decrease in net income attributable to U.S. Bancorp and diluted earnings per common share compared to the previous quarter and the same quarter last year. The results were impacted by merger and integration-related charges and balance sheet optimization costs. However, adjusted diluted earnings per common share increased slightly year-over-year.

U.S. Bancorp reported a net income of $1.698 billion and diluted earnings per common share of $1.04 for Q1 2023. The results reflect the impact of the MUFG Union Bank acquisition and rising interest rates on earning assets.

U.S. Bancorp reported a net income of $1.8 billion and record net revenue of $6.3 billion for Q3 2022. The results were driven by strong growth in net interest income, supported by loan and deposit growth and the benefit of higher interest rates. Credit quality remains strong, and the net charge-off ratio improved on both a sequential and year-over-year basis.

U.S. Bancorp reported a net income of $1.53 billion and record net revenue of $6.0 billion for Q2 2022. The results were supported by strong growth in both net interest income and fee revenue. However, the diluted earnings per share included merger and integration-related charges of $(0.10) related to the planned acquisition of MUFG Union Bank.

U.S. Bancorp reported a net income of $1.6 billion and diluted earnings per common share of $0.99 for Q1 2022. The results were driven by healthy trends in consumer and business activity, with strong loan growth and solid growth in net interest income. Fee revenue growth was supported by improving business activity and new business wins.

U.S. Bancorp reported a net income of $1,673 million and diluted earnings per common share of $1.07 for Q4 2021. The results reflect the value of the diversified business model and strong credit quality, with a net charge-off ratio at a historical low. Deposit growth was strong, supporting loan growth and investment strategies.

U.S. Bancorp reported a net income of $2.0 billion, or $1.30 per share, and net revenue of $5.9 billion for the third quarter of 2021. The results were supported by continued momentum across fee businesses, a pick-up in loan growth, and credit quality exceeding expectations.

U.S. Bancorp reported a net income of $1.98 billion and net revenue of $5.78 billion for Q2 2021. The results reflect improving economic conditions and execution of their strategic growth plan. Credit quality was better than expected, and capital and liquidity positions remained strong.

U.S. Bancorp reported a net income of $2.3 billion and diluted earnings per common share of $1.45 for the first quarter of 2021. The results reflect improving economic conditions, increasing consumer confidence, and better-than-expected credit quality, leading to a release of reserves for credit losses.

U.S. Bancorp reported a net income of $1,519 million and diluted earnings per share of $0.95 for Q4 2020. The results reflected the strength of the diversified business model, delivering industry-leading results despite economic headwinds. Full year revenue reached a record $23.3 billion, with net income of $4.959 billion.

U.S. Bancorp reported a net income of $1,580 million for Q3 2020, with diluted earnings per common share of $0.99. Net revenue totaled $5,964 million, including $3,252 million of net interest income and $2,712 million of noninterest income. The results reflect the impact of the COVID-19 pandemic, including lower interest rates and changes in consumer and business spending activities.

U.S. Bancorp reported net income of $689 million and diluted earnings per common share of $0.41 for the second quarter of 2020. The results reflect a more challenging economic environment with an increase in the provision for credit losses.

U.S. Bancorp reported a net income of $1,171 million for Q1 2020, a 31.1% decrease compared to Q1 2019. The decrease was primarily due to a significant increase in the provision for credit losses, reflecting the deteriorating economic conditions caused by the COVID-19 pandemic. Despite these challenges, the company saw growth in noninterest income and managed its liquidity effectively.

U.S. Bancorp reported a net income of $1,486 million and diluted earnings per common share of $0.90 for Q4 2019. The results were impacted by notable items, including restructuring charges and increased derivative liability related to Visa shares. The decrease in net income year-over-year was attributed to lower total net revenue and an increase in noninterest expense.