For Q1 FY2026 ended March 31, 2026, U.S. Bancorp reported revenue of $7.288 billion, up 4.7% year-over-year. Net income rose 13.8% to $1.945 billion, with diluted EPS of $1.18, a 14.6% increase. Equity stood at $65.786 billion.
•Revenue increased 4.7% YoY to $7.288 billion.
•Net income grew 13.8% YoY to $1.945 billion.
•Diluted EPS rose 14.6% YoY to $1.18.
•Total equity was $65.786 billion at quarter end.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
U.S. Bancorp, a financial services holding company provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States.
Its operations are structured into Wealth, Corporate, Commercial and Institutional Banking. Its portfolio also includes Consumer and Business Banking, Payment Services, and Treasury and Corporate Support segments.
It offers depository services, including checking accounts, savings accounts, and time certificate contracts lending services, such as traditional credit products and credit card services, lease financing and import/export trade, agricultural finance, asset-backed lending, and products Cash management, capital markets, and trust and investment management services
Ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers. Additionally, it offers asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations
Investment and insurance products to its customers principally within its domestic markets, as well as fund administration services to mutual and funds, as well as corporate and purchasing card, and corporate trust services
Credit card services, merchant and ATM processing, mortgage banking, insurance, brokerage and leasing services. Founded in 1863, U.S. Bancorp is headquartered in Minneapolis, Minnesota.
U.S. Bancorp is a financial services holding company that provides a wide range of banking and financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. Its operations are structured into several segments: Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support. The company offers depository services such as checking and savings accounts, lending services including traditional credit products and credit cards, lease financing, asset-backed lending, and cash management services. Additionally, it provides capital markets, trust and investment management, asset management, fiduciary services, insurance, brokerage, and leasing services.
Where is U.S. Bancorp (USB) listed and in which currency?
U.S. Bancorp is listed on the New York Stock Exchange (NYSE) under the ticker symbol USB. Its shares are traded in U.S. dollars (USD), as the company is based in the United States and its financial reporting is in USD.
What sector and industry does U.S. Bancorp (USB) belong to?
U.S. Bancorp operates in the Financial Services sector, specifically within the Banks - Regional industry. This means it is a regional bank holding company that provides a variety of financial products and services primarily to customers in the United States, focusing on specific geographic regions rather than being a global institution.
Where is U.S. Bancorp (USB) headquartered and what markets does it serve?
U.S. Bancorp is headquartered in Minneapolis, Minnesota, United States. It serves customers across the United States, including individuals, businesses, institutional organizations, governmental entities, and other financial institutions. The company's services are principally provided within its domestic markets, with a strong presence in the Midwest and other regions.
How does U.S. Bancorp (USB) make money?
U.S. Bancorp generates revenue through a diversified portfolio of financial services. Its main income streams include net interest income from lending activities such as traditional loans, credit cards, and lease financing, as well as non-interest income from fees and services like cash management, capital markets, trust and investment management, asset management, fiduciary services, insurance, brokerage, and leasing. The company also earns from payment services, including merchant and ATM processing, credit card services, and corporate and purchasing card services. Additionally, it provides fund administration services to mutual funds and corporate trust services.