US BANCORP \DE\ USB

Financials SIC 6021 - National Commercial Banks NAICS Finance and Insurance › Credit Intermediation and Related Activities › Depository Credit Intermediation › Commercial Banking derived NYSE

Last close 59.58 2026-10-23
Market cap $92.83B 2026-06-30 share count
52-week range 45.02 - 66.08

Valuation FY2025 figures against the last close

P/S3.2x
P/E12.9x
P/FCF11.6x
EV/EBITDA—
Dividend yield3.4%
Diluted EPS4.62

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $28.66B$27.45B$28.14B$24.30B$13.49B$14.84B$17.49B$16.17B$14.35B$13.13B
Interest expense $16.65B$16.29B$17.40B$14.73B$993.0M$2.02B$4.44B$3.25B$1.97B$1.47B
Pre-tax income $9.52B$7.91B$6.87B$7.30B$10.17B$6.05B$8.59B$8.68B$7.52B$8.11B
Income tax $1.92B$1.58B$1.41B$1.46B$2.18B$1.07B$1.65B$1.55B$1.26B$2.16B
Net income $7.57B$6.30B$5.43B$5.83B$7.96B$4.96B$6.91B$7.10B$6.22B$5.89B
EPS, basic 4.623.793.273.695.113.064.164.153.533.25
EPS, diluted 4.623.793.273.695.103.064.164.143.513.24
Shares, diluted (wtd. avg.) 1.56B1.56B1.54B1.49B1.49B1.51B1.58B1.64B1.68B1.72B

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $46.89B$56.50B$61.19B$53.54B$28.91B$62.58B$22.41B$21.45B$19.50B$15.71B
Property, plant and equipment ———$3.86B$3.31B$3.47B$3.70B$2.46B$2.43B$2.44B
Goodwill $12.63B$12.54B$12.49B$12.37B$10.26B$9.92B$9.65B$9.37B$9.43B$9.34B
Other intangibles $4.90B$5.55B$6.08B$7.16B$3.74B$2.86B$3.22B$3.39B$3.23B$3.30B
Total assets $692.35B$678.32B$663.49B$674.80B$573.28B$553.90B$495.43B$467.37B$462.04B$445.96B
Short-term debt $17.16B$15.52B$15.28B$31.22B$11.80B$11.77B$23.72B$14.14B$16.65B$13.96B
Long-term debt ———$39.83B$32.12B$41.30B$40.17B$41.34B$32.26B$33.32B
Total liabilities $626.69B$619.28B$607.72B$623.57B$517.90B$500.18B$442.94B$415.72B$412.37B$398.03B
Retained earnings $80.91B$76.86B$74.03B$71.90B$69.20B$64.19B$63.19B$59.06B$54.14B$50.15B
Total equity $65.19B$58.58B$55.77B$51.23B$55.39B$53.73B$52.48B$51.66B$49.67B$47.93B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $7.97B$11.35B$8.39B$21.12B$9.87B$3.72B$4.89B$10.56B$6.47B$5.34B
Investing cash flow -$20.54B-$24.53B$18.93B$7.50B-$57.49B-$15.44B-$21.56B-$8.98B-$12.13B-$17.96B
Financing cash flow $2.25B$8.82B-$20.00B-$3.98B$13.94B$51.90B$17.62B$361.0M$9.45B$17.18B
Dividends paid $3.17B$3.09B$2.97B$2.78B$2.58B$2.55B$2.44B$2.09B$1.93B$1.81B
Buybacks $489.0M$173.0M$62.0M$69.0M$1.55B$1.67B$4.53B$2.82B$2.63B$2.56B

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000036104-26-000011.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 10B 20B 30B Revenue, FY2016: 13.1B Net income, FY2016: 5.9B Revenue, FY2017: 14.3B Net income, FY2017: 6.2B Revenue, FY2018: 16.2B Net income, FY2018: 7.1B Revenue, FY2019: 17.5B Net income, FY2019: 6.9B Revenue, FY2020: 14.8B Net income, FY2020: 5B Revenue, FY2021: 13.5B Net income, FY2021: 8B Revenue, FY2022: 24.3B Net income, FY2022: 5.8B Revenue, FY2023: 28.1B Net income, FY2023: 5.4B Revenue, FY2024: 27.5B Net income, FY2024: 6.3B Revenue, FY2025: 28.7B Net income, FY2025: 7.6B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $13.13B $14.35B $16.17B $17.49B $14.84B $13.49B $24.30B $28.14B $27.45B $28.66B
Gross profit — — — — — — — — — —
Net income $5.89B $6.22B $7.10B $6.91B $4.96B $7.96B $5.83B $5.43B $6.30B $7.57B

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Officer or director change Item 5.02
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 6021

TickerCompanyMarket capP/ERevenue growth
JPM JPMORGAN CHASE & CO $881.40B 16.6x 2.8%
BAC BANK OF AMERICA CORP /DE/ $353.55B 13.3x 6.8%
WFC WELLS FARGO & COMPANY/MN $249.15B 13.2x -3.8%
C CITIGROUP INC $211.00B 17.3x 5.6%
COF CAPITAL ONE FINANCIAL CORP $125.29B 50.0x 36.3%
PNC PNC FINANCIAL SERVICES GROUP, INC. $89.55B 13.5x 7.2%
TFC TRUIST FINANCIAL CORP $59.18B 12.7x -2.1%
HBAN HUNTINGTON BANCSHARES INC /MD/ $31.89B 11.3x 6.4%