US BANCORP \DE\

USB · XNYS

CIK 36104fmd_0DQV4BC4ANM2PR2ZM1ENPXZ6Q7Finance, Insurance and Real Estate · National Commercial BanksTemplate: Financials

Coverage: Jan 01, 2007 to Sep 30, 2026, 75 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total interest income	13,134	14,346	16,173	17,494	14,840	13,487	17,945	30,007	31,666	30,970
Total revenues	21,308	21,902	22,637	22,883	23,226	22,721	24,302	28,144	27,455	28,656
Net interest income	11,666	12,380	12,919	13,052	12,825	12,494	14,728	17,396	16,289	16,649
Provision for credit losses	1,324	1,390	1,379	1,504	3,806	(1,173)	1,977	2,275	2,238	2,186
Net interest income after provision	10,342	10,990	11,540	11,548	9,019	13,667	12,751	15,121	14,051	14,463
Asset management and advisory fees	158	163	–	–	–	–	–	–	–	–
Non-interest income	9,290	9,317	9,602	9,831	10,401	10,227	9,456	10,617	11,046	11,891
Compensation and benefits	–	–	–	–	7,938	8,728	9,157	10,416	10,554	10,327
Non-interest expense	11,527	12,790	12,464	12,785	13,369	13,728	14,906	18,873	17,188	16,837
Interest expense	1,468	1,966	3,254	4,442	2,015	993	3,217	12,611	15,377	14,321
Income before taxes	8,105	7,517	8,678	8,594	6,051	10,166	7,301	6,865	7,909	9,517
Income tax expense	2,161	1,264	1,554	1,648	1,066	2,181	1,463	1,407	1,580	1,921
Net income from continuing operations	5,944	6,253	7,124	6,946	4,985	7,985	5,838	5,458	6,329	7,596
Net income	5,888	6,218	7,096	6,914	4,959	7,963	5,825	5,429	6,299	7,570
Net income to common shareholders	5,589	5,913	6,784	6,583	4,621	7,605	5,501	5,051	5,909	7,194