# US Bancorp \\de\\: financial statements, quarterly

USB · NYSE · CIK 36104 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/usb.md) · [Financials](/companies/usb/financials.md) · [Filings](/companies/usb/filings.md) · [Insiders](/companies/usb/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/usb/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [7,032](/filings/0000036104-24-000072.md) | [6,762 d](/filings/0000036104-26-000011.md) | [6,715](/filings/0000036104-25-000028.md) | [6,867](/filings/0000036104-25-000055.md) | [6,864](/filings/0000036104-25-000064.md) | [7,009 d](/filings/0000036104-26-000011.md) | [6,958](/filings/0000036104-26-000024.md) | [7,004](/filings/0000036104-26-000044.md) | [7,329](/filings/0000036104-25-000064.md) | [7,365 d](/filings/0000036104-26-000011.md) | [7,288](/filings/0000036104-26-000024.md) | [7,712](/filings/0000036104-26-000044.md) |
| Interest expense | $m | [3,518](/filings/0001193125-23-268341.md) | [3,652 d](/filings/0000036104-24-000018.md) | [3,779](/filings/0000036104-24-000037.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Income tax | $m | [431](/filings/0000036104-24-000072.md) | [139 d](/filings/0000036104-26-000011.md) | [347](/filings/0000036104-25-000028.md) | [445](/filings/0000036104-25-000055.md) | [350](/filings/0000036104-25-000064.md) | [438 d](/filings/0000036104-26-000011.md) | [443](/filings/0000036104-26-000024.md) | [472](/filings/0000036104-26-000044.md) | [524](/filings/0000036104-25-000064.md) | [482 d](/filings/0000036104-26-000011.md) | [469](/filings/0000036104-26-000024.md) | [537](/filings/0000036104-26-000044.md) |
| Net income | $m | [1,523](/filings/0000036104-24-000072.md) | [847 d](/filings/0000036104-26-000011.md) | [1,319](/filings/0000036104-25-000028.md) | [1,603](/filings/0000036104-25-000055.md) | [1,714](/filings/0000036104-25-000064.md) | [1,663 d](/filings/0000036104-26-000011.md) | [1,709](/filings/0000036104-26-000024.md) | [1,815](/filings/0000036104-26-000044.md) | [2,001](/filings/0000036104-25-000064.md) | [2,045 d](/filings/0000036104-26-000011.md) | [1,945](/filings/0000036104-26-000024.md) | [2,177](/filings/0000036104-26-000044.md) |
| Diluted EPS | $ per share | [0.91](/filings/0000036104-24-000072.md) | not reported | [0.78](/filings/0000036104-25-000028.md) | [0.97](/filings/0000036104-25-000055.md) | [1.03](/filings/0000036104-25-000064.md) | not reported | [1.03](/filings/0000036104-26-000024.md) | [1.11](/filings/0000036104-26-000044.md) | [1.22](/filings/0000036104-25-000064.md) | not reported | [1.18](/filings/0000036104-26-000024.md) | [1.35](/filings/0000036104-26-000044.md) |
| Basic EPS | $ per share | [0.91](/filings/0000036104-24-000072.md) | not reported | [0.78](/filings/0000036104-25-000028.md) | [0.97](/filings/0000036104-25-000055.md) | [1.03](/filings/0000036104-25-000064.md) | not reported | [1.03](/filings/0000036104-26-000024.md) | [1.11](/filings/0000036104-26-000044.md) | [1.22](/filings/0000036104-25-000064.md) | not reported | [1.18](/filings/0000036104-26-000024.md) | [1.35](/filings/0000036104-26-000044.md) |

- Revenue: us-gaap:Revenues
- Interest expense: us-gaap:InterestExpense
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $bn | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Total assets | $bn | [668](/filings/0001193125-23-268341.md) | [663](/filings/0000036104-25-000016.md) | [684](/filings/0000036104-24-000037.md) | [680](/filings/0000036104-24-000052.md) | [686](/filings/0000036104-24-000072.md) | [678](/filings/0000036104-26-000011.md) | [676](/filings/0000036104-25-000028.md) | [686](/filings/0000036104-25-000055.md) | [695](/filings/0000036104-25-000064.md) | [692](/filings/0000036104-26-000044.md) | [701](/filings/0000036104-26-000024.md) | [726](/filings/0000036104-26-000044.md) |
| Total liabilities | $bn | [614](/filings/0001193125-23-268341.md) | [608](/filings/0000036104-25-000016.md) | [628](/filings/0000036104-24-000037.md) | [623](/filings/0000036104-24-000052.md) | [627](/filings/0000036104-24-000072.md) | [619](/filings/0000036104-26-000011.md) | [616](/filings/0000036104-25-000028.md) | [624](/filings/0000036104-25-000055.md) | [632](/filings/0000036104-25-000064.md) | [627](/filings/0000036104-26-000044.md) | [635](/filings/0000036104-26-000024.md) | [658](/filings/0000036104-26-000044.md) |
| Long-term debt | $bn | [43.1](/filings/0001193125-23-268341.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Short-term borrowings | $bn | [21.9](/filings/0001193125-23-268341.md) | [15.3](/filings/0000036104-25-000016.md) | [17.1](/filings/0000036104-24-000037.md) | [16.6](/filings/0000036104-24-000052.md) | [23.7](/filings/0000036104-24-000072.md) | [15.5](/filings/0000036104-26-000011.md) | [17.2](/filings/0000036104-25-000028.md) | [15.0](/filings/0000036104-25-000055.md) | [15.4](/filings/0000036104-25-000064.md) | [17.2](/filings/0000036104-26-000044.md) | [17.9](/filings/0000036104-26-000024.md) | [37.3](/filings/0000036104-26-000044.md) |
| Shareholders' equity | $bn | [53.1](/filings/0001193125-23-268341.md) | [55.3](/filings/0000036104-25-000016.md) | [55.6](/filings/0000036104-24-000037.md) | [56.4](/filings/0000036104-24-000052.md) | [58.9](/filings/0000036104-24-000072.md) | [58.6](/filings/0000036104-26-000011.md) | [60.1](/filings/0000036104-25-000028.md) | [61.4](/filings/0000036104-25-000055.md) | [63.3](/filings/0000036104-25-000064.md) | [65.2](/filings/0000036104-26-000044.md) | [65.8](/filings/0000036104-26-000024.md) | [67.4](/filings/0000036104-26-000044.md) |

- Cash and equivalents: not reported
- Total assets: us-gaap:Assets
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebt
- Short-term borrowings: us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [3,873 d](/filings/0000036104-24-000072.md) | [362 d](/filings/0000036104-26-000011.md) | [2,661](/filings/0000036104-25-000028.md) | [2,874 d](/filings/0000036104-25-000055.md) | [972 d](/filings/0000036104-25-000064.md) | [4,843 d](/filings/0000036104-26-000011.md) | [(308)](/filings/0000036104-26-000024.md) | [1,913 d](/filings/0000036104-26-000044.md) | [3,529 d](/filings/0000036104-25-000064.md) | [2,836 d](/filings/0000036104-26-000011.md) | [1,340](/filings/0000036104-26-000024.md) | [4,820 d](/filings/0000036104-26-000044.md) |
| Dividends paid | $m | [740 d](/filings/0000036104-24-000072.md) | [751 d](/filings/0000036104-26-000011.md) | [770](/filings/0000036104-25-000028.md) | [769 d](/filings/0000036104-25-000055.md) | [768 d](/filings/0000036104-25-000064.md) | [785 d](/filings/0000036104-26-000011.md) | [787](/filings/0000036104-26-000024.md) | [784 d](/filings/0000036104-26-000044.md) | [784 d](/filings/0000036104-25-000064.md) | [813 d](/filings/0000036104-26-000011.md) | [816](/filings/0000036104-26-000024.md) | [812 d](/filings/0000036104-26-000044.md) |
| Share repurchases | $m | [1.0 d](/filings/0000036104-24-000072.md) | [17.0 d](/filings/0000036104-26-000011.md) | [49.0](/filings/0000036104-25-000028.md) | [1.0 d](/filings/0000036104-25-000055.md) | [1.0 d](/filings/0000036104-25-000064.md) | [122 d](/filings/0000036104-26-000011.md) | [160](/filings/0000036104-26-000024.md) | [106 d](/filings/0000036104-26-000044.md) | [101 d](/filings/0000036104-25-000064.md) | [122 d](/filings/0000036104-26-000011.md) | [276](/filings/0000036104-26-000024.md) | [201 d](/filings/0000036104-26-000044.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [1,486](/filings/0001193125-23-268341.md) | [1,532](/filings/0000036104-24-000037.md) | [1,533](/filings/0000036104-24-000052.md) | [1,549](/filings/0000036104-24-000072.md) | [1,559](/filings/0000036104-25-000028.md) | [1,561](/filings/0000036104-25-000055.md) | [1,561](/filings/0000036104-25-000064.md) | [1,560](/filings/0000036104-26-000024.md) | [1,559](/filings/0000036104-26-000044.md) | [1,557](/filings/0000036104-25-000064.md) | [1,555](/filings/0000036104-26-000024.md) | [1,555](/filings/0000036104-26-000044.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 1,558,051,446 at 2026-07-31, from the cover of the [10-Q filed 2026-08-06](/filings/0000036104-26-000044.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:18 ET. No prices; not investment advice.