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USB · Q2 2026
Archived report (Q2 2026). Latest deep dive →
US GAAP · $M · vs Q2 2025 · reported 07/16/2026
USB — U.S. Bancorp is a financial services holding company offering banking, investment, and mortgage services through its U.S. Bank subsidiary.
More about the company
It is headquartered in Minneapolis, Minnesota.
All figures in $M.
Revenue
$7,712
+10.1%
Net income
$2,177
+19.9%
EPS diluted $1.35 · +21.6%
Verdict: A strong quarter for U.S. Bancorp — net income jumped 19.9% to $2.18B as net interest income grew on loan growth and repricing while noninterest income surged on the BTIG acquisition and broad fee strength, partially offset by higher expenses and credit provisions tied to loan growth.
Returned $1.0B to shareholders via dividends and buybacks in Q2; CET1 ratio 10.8%; average diluted EPS $1.35 (+21.6%); allowance for credit losses $8.0B (1.94% of loans).
Source and notation
* marks non-cash / ≈ estimated. Source: U.S. Bancorp press release / 10-Q (SEC EDGAR).
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How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report; the short company description was also written by our model. Figures checked against the filing on 08/25/2026. How we make the breakdowns · Report an error
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