U.S. Bancorp
USB NYSE· Diversified Banks
Last close · Oct 26, 2026
$59.70
KIRA · Stoqly’s AI analyst, in plain words
- U.S. Bancorp had $28.7B of revenue in fiscal 2025, up 4.4% on the year before. Over five years, revenue changed +4.3% a year on average.
- U.S. Bancorp made $7.6B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 4.0% a year.
- U.S. Bancorp returned $3.7B to shareholders in fiscal 2025. The diluted share count fell 0.2%.
- It earned 12.2% on shareholders’ money. Running costs took 58.8% of revenue (the efficiency ratio; lower is better).
Market cap
$93.0B
P/E
11.9x
Revenue
$28.7B
Net income
$7.6B
Return on equity
12.2%
Efficiency ratio
58.8%
U.S. Bancorp in 30 seconds · fiscal 2025
Are sales growing?
+4.4%
Only a little. Sales grew 4.4% last year.
Does it make a profit?
26.4%
Yes. It keeps 26.4% of every sale as profit.
How lean are its costs?
58.8%
Average. Running costs take 58.8% of revenue.
How much does it earn on its capital?
12.2%
Good. It earns 12.2% a year on shareholders’ money.
How is the share priced?
11.9x
One share costs 11.9 times its yearly profit per share. Typical for its sector: 13.7x.
What U.S. Bancorp does
U.S. Bancorp is a bank holding company based in Minneapolis. Through U.S. Bank, it takes deposits and makes loans to individuals, small businesses, companies, governments and other institutions. It also offers credit cards, payment and merchant processing, mortgage banking, trust and investment management, treasury and capital markets services. At the end of 2025 it held consolidated deposits of $522.2 billion. It had 2,075 branches in 26 states, mostly in the Midwest and West, and 4,428 ATMs. It reports four main segments plus a corporate group. Wealth, Corporate, Commercial and Institutional Banking serves wealthy individuals, mid-sized and large companies, real estate investors, governments and institutions. Consumer and Business Banking covers consumer and small business banking and consumer lending. Payment Services covers credit, debit and stored-value cards, corporate and purchasing cards, and merchant processing.
Biggest risks, in its own words
- Weak economic conditions that could reduce lending and hurt its borrowers' ability to repay.
- Changes in interest rates that could reduce its net interest income, which it relies on heavily.
- Cyberattacks, system failures or mistakes by employees or vendors that could disrupt its operations.
- Changes in rules, including capital and liquidity requirements and possible credit card interest caps.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 23, 2026
- Legal name
- US BANCORP \DE\
- CIK
- 0000036104
U.S. Bancorp · USB
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $22.7B | $24.3B | $28.1B | $27.5B | $28.7B |
| Revenue growth | −2.2% | 7.0% | 15.8% | −2.5% | 4.4% |
| Net interest income | $12.5B | $14.7B | $17.4B | $16.3B | $16.6B |
| Net income | $8.0B | $5.8B | $5.4B | $6.3B | $7.6B |
| Net margin | 35.1% | 24.0% | 19.3% | 22.9% | 26.4% |
| Diluted EPS | $5.10 | $3.69 | $3.27 | $3.79 | $4.62 |
| Cash | |||||
| Dividends paid | $2.6B | $2.8B | $3.0B | $3.1B | $3.2B |
| Share buybacks | $1.6B | $69.0M | $62.0M | $173M | $489M |
| Share count change | −1.3% | 0.0% | 3.6% | 1.2% | −0.2% |
| Debt and strength | |||||
| Loans, net | $306.3B | $381.3B | $366.5B | $372.2B | $383.7B |
| Deposits | $456.1B | $525.0B | $512.3B | $518.3B | $522.2B |
| Shareholders' equity | $54.9B | $50.8B | $55.3B | $58.6B | $65.2B |
| Returns and quality | |||||
| Return on equity | 14.7% | 11.0% | 10.2% | 11.1% | 12.2% |
| Return on tangible equity | 18.7% | 15.3% | 14.9% | 15.3% | 16.3% |
| Efficiency ratio | 60.4% | 61.3% | 67.1% | 62.6% | 58.8% |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$12.6M
7 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Net income:
- Profit after all expenses, interest and tax.
- Efficiency ratio:
- Noninterest expense as a share of revenue. Lower is better for banks.
- Return on equity:
- Net income as a share of average shareholders' equity.
- Return on tangible equity:
- Net income to common over equity minus goodwill and intangibles.
- Diluted EPS:
- Net income per diluted share.
U.S. Bancorp · USB
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Return on equity and efficiency ratio
Loans and deposits
Dividends and buybacks
Diluted EPS
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Net margin | ROE | P/E | F-score |
|---|---|---|---|---|---|---|
| U.S. Bancorp USB | $93.0B | 4.4% | 26.4% | 12.2% | 11.9x | — |
| PNC Financial Services PNC | $89.4B | 7.2% | 30.3% | 12.2% | 12.4x | — |
| Truist Financial TFC | $63.7B | 53.0% | 26.1% | 8.2% | 11.2x | — |
| Wells Fargo WFC | $268.0B | 1.7% | 25.5% | 11.9% | 12.0x | — |
| Citigroup C | $226.7B | 5.6% | 16.8% | 6.8% | — | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $59.70 a share, the company is worth $93.0B: 11.9 times its earnings of the last four quarters.
U.S. Bancorp grew sales faster than 1 of its 4 similar companies. Its P/E is higher than 1 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000036104). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.