U.S. Bancorp (USB)

NYSE: USB · Real-Time Price · USD

41.45

0.95 (2.35%)

At close: May 02, 2025, 3:59 PM

41.47

0.05%

After-hours: May 02, 2025, 05:50 PM EDT

U.S. Bancorp Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	30.44B	26.78B	26.53B	27.25B	27.56B	28.01B	27.62B	26.91B	25.76B	24.18B	23.5B	23.07B	22.85B	22.72B	22.79B	22.86B	22.92B	23.23B	23.14B	23.1B	23.08B	22.88B	22.7B	22.48B	22.29B	22.18B	22.3B	22.15B	21.94B	21.74B	21.54B	21.36B	21.36B	21.11B	20.88B	20.63B	20.23B
Cost of Revenue	6.39B	-3.96B	-3.96B	-3.45B	1.34B	1.76B	1.76B	1.25B	738M	423M	423M	278M	-184M	-1.09B	-1.09B	-264M	-113M	1.71B	1.71B	1.44B	1.87B	1.26B	1.26B	1.26B	1.25B	1.24B	1.24B	1.3B	1.32B	1.33B	1.33B	1.3B	1.28B	1.26B	1.26B	1.22B	1.17B
Gross Profit	24.05B	30.74B	30.49B	30.7B	26.22B	26.25B	25.86B	25.67B	25.02B	23.76B	23.08B	22.8B	23.03B	23.81B	23.88B	23.13B	23.04B	21.51B	21.43B	21.66B	21.21B	21.62B	21.44B	21.21B	21.04B	20.94B	21.06B	20.86B	20.61B	20.41B	20.21B	20.06B	20.08B	19.84B	19.61B	19.42B	19.05B
Operating Income	8.87B	9.1B	9.41B	9.32B	9.34B	9.34B	8.03B	8.37B	7.74B	7.3B	8.34B	8.64B	9.23B	10.52B	10.31B	9.64B	8.31B	6.5B	6.43B	7.21B	8.28B	8.92B	9.23B	8.8B	8.72B	8.68B	7.84B	7.78B	7.7B	7.67B	8.4B	8.34B	8.81B	9.08B	9.09B	9.36B	9.16B
Interest Income	23.9B	31.67B	31.6B	31.27B	30.81B	30.01B	28.22B	25.19B	21.49B	17.95B	15.33B	14.01B	13.56B	13.49B	13.61B	13.78B	14.06B	14.84B	15.62B	16.48B	17.26B	17.49B	17.55B	17.24B	16.73B	16.17B	15.6B	15.18B	14.75B	14.36B	13.99B	13.61B	13.34B	13.17B	12.95B	12.75B	12.56B
Pretax Income	8.39B	7.91B	6.8B	6.68B	6.38B	6.87B	6.97B	7.31B	7.5B	7.3B	8.34B	8.64B	9.23B	10.17B	9.95B	9.28B	7.5B	6.05B	5.98B	6.43B	7.95B	8.59B	8.9B	8.8B	8.72B	8.68B	7.84B	7.71B	7.58B	7.52B	8.25B	8.17B	8.19B	8.11B	8.11B	8.06B	8.01B
Net Income	6.69B	6.3B	5.48B	5.29B	5.05B	5.43B	5.51B	5.8B	5.97B	5.83B	6.57B	6.79B	7.24B	7.96B	7.81B	7.36B	6.07B	4.96B	4.93B	5.25B	6.39B	6.91B	7.28B	7.19B	7.12B	7.1B	6.92B	6.67B	6.42B	6.22B	6.01B	5.95B	5.97B	5.89B	5.89B	5.87B	5.83B
Selling & General & Admin	8.35B	11.17B	11.22B	11.21B	11.2B	11.14B	10.87B	10.47B	10.05B	9.61B	9.42B	9.31B	9.19B	9.09B	8.79B	8.6B	8.45B	8.26B	8.23B	8.17B	8.1B	8.04B	8B	7.9B	7.85B	7.82B	7.88B	7.77B	7.63B	7.47B	7.14B	7.04B	6.93B	6.77B	6.62B	6.52B	6.4B
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	2.1B	2.1B	-8.56B	-8.56B	-8.56B	-8.56B	2.69B	2.69B	2.69B	2.69B	1.17B	1.17B	1.17B	1.17B	1.75B	1.75B	1.75B	1.75B	1.77B	1.77B	1.77B	1.77B	1.32B	1.32B	1.32B	1.32B	2.22B	2.22B	2.22B	2.22B	1.62B	1.62B	1.62B	1.62B	1.53B	1.53B	1.53B
Operating Expenses	8.8B	12.54B	3.05B	3.8B	6.27B	6.26B	17.24B	15.09B	13.7B	13.47B	11.76B	12.64B	13.66B	12.71B	12.99B	13.05B	14.29B	15.01B	15B	14.45B	12.94B	12.7B	12.21B	12.41B	12.32B	10.9B	11.87B	10.42B	8.95B	8.81B	7.88B	7.78B	7.68B	7.53B	7.3B	7.19B	7.06B
Interest Expense	11.6B	15.38B	15.34B	14.91B	14.06B	12.61B	10.64B	8.02B	5.3B	3.22B	1.77B	1.1B	960M	993M	1.06B	1.17B	1.4B	2.02B	2.76B	3.57B	4.24B	4.44B	4.4B	4.12B	3.72B	3.25B	2.84B	2.5B	2.22B	2.01B	1.83B	1.73B	1.67B	1.64B	1.56B	1.48B	1.42B
Selling & Marketing Expenses	483M	619M	765M	776M	740M	726M	564M	514M	498M	456M	441M	414M	398M	366M	342M	315M	292M	318M	330M	367M	411M	426M	424M	421M	421M	429M	565M	551M	549M	542M	398M	408M	448M	435M	424M	421M	368M
Cost & Expenses	20.55B	16.1B	15.03B	16.3B	17.98B	19.22B	18.89B	16.23B	14.87B	13.02B	12.78B	13.49B	12.47B	12.36B	12.02B	11.8B	11.6B	11.36B	11.3B	11.19B	11.1B	11B	10.91B	10.76B	10.66B	10.59B	10.6B	9.51B	8.4B	7.27B	6.98B	6.88B	6.78B	6.62B	6.44B	6.33B	7.13B
Income Tax Expense	1.68B	1.58B	1.28B	1.36B	1.3B	1.41B	1.44B	1.49B	1.52B	1.46B	1.75B	1.83B	1.97B	2.18B	2.12B	1.9B	1.41B	1.07B	1.02B	1.15B	1.53B	1.65B	1.58B	1.58B	1.57B	1.55B	888M	1.02B	1.13B	1.26B	2.19B	2.17B	2.16B	2.16B	2.17B	2.14B	2.12B
Shares Outstanding (Basic)	1.56B	1.56B	1.55B	1.56B	1.56B	1.56B	1.55B	1.53B	1.53B	1.5B	1.49B	1.49B	1.49B	1.48B	1.48B	1.49B	1.5B	1.51B	1.51B	1.51B	1.52B	1.56B	1.57B	1.59B	1.6B	1.61B	1.63B	1.64B	1.65B	1.66B	1.67B	1.68B	1.69B	1.7B	1.71B	1.73B	1.74B
Shares Outstanding (Diluted)	1.56B	1.56B	1.56B	1.56B	1.56B	1.56B	1.55B	1.53B	1.53B	1.5B	1.49B	1.49B	1.49B	1.48B	1.48B	1.49B	1.5B	1.51B	1.51B	1.51B	1.52B	1.56B	1.58B	1.59B	1.6B	1.62B	1.63B	1.65B	1.66B	1.66B	1.68B	1.69B	1.7B	1.71B	1.72B	1.73B	1.74B
EPS (Basic)	3.99	3.74	3.27	3.15	3.02	3.28	3.36	3.61	3.76	3.71	4.21	4.35	4.65	5.11	4.99	4.68	3.80	3.07	3.03	3.20	3.88	4.17	4.36	4.26	4.19	4.15	4.02	3.85	3.68	3.53	3.38	3.33	3.31	3.26	3.24	3.21	3.18
EPS (Diluted)	4.04	3.79	3.27	3.15	3.02	3.28	3.36	3.61	3.76	3.71	4.21	4.35	4.64	5.10	4.98	4.67	3.80	3.07	3.02	3.18	3.86	4.14	4.34	4.25	4.18	4.14	4.01	3.83	3.66	3.52	3.37	3.33	3.31	3.25	3.23	3.20	3.17
EBITDA	4.25B	2.09B	1.24B	3.49B	3.49B	5.89B	5.92B	6.12B	8.26B	7.76B	8.74B	8.67B	8.95B	9.56B	9.45B	8.83B	6.42B	5.3B	5.08B	5.83B	8.22B	8.96B	9.22B	9.03B	8.87B	8.77B	7.92B	7.83B	7.72B	7.7B	8.42B	8.48B	6.36B	4.34B	4.45B	2.17B	2.17B
EBIT	8.37B	5.97B	4.87B	4.78B	4.46B	7.09B	7.2B	7.68B	7.87B	7.38B	8.41B	8.58B	9.17B	9.69B	9.47B	8.81B	7.03B	6.08B	6.09B	6.66B	8.29B	8.96B	9.22B	9.03B	8.87B	8.77B	7.92B	7.83B	7.72B	7.7B	8.4B	8.34B	6.1B	3.96B	3.97B	1.69B	1.69B
Depreciation & Amortization	238M	238M	250M	506M	506M	763M	688M	560M	685M	560M	510M	508M	507M	497M	506M	513M	389M	396M	392M	301M	343M	334M	325M	401M	474M	393M	390M	389M	390M	468M	395M	395M	279M	162M	240M	123M	123M