U.S. Bancorp (USB) Financials
Key financial figures for U.S. Bancorp (Q2 2026).
U.S. Bancorp posts record net revenue of $7.7B in Q2 2026 as EPS beats and efficiency ratio improves to 57.1%. Diluted EPS of $1.35, up 22% year over year, with net income of $2.18 billion (up 20% YoY), both framed by management as beating expectations and delivering positive operating leverage of 400 basis points. Net interest income rose to $4.36 billion (up 7.7% YoY) as net interest margin expanded to 2.79%, up 13 basis points year over year, on stronger average loan growth (up 7.1% YoY). Figures are for Q2 2026, as U.S. Bancorp reported them.
- Revenue
- $7.7B
- Net Income
- $2.2B
- EPS
- $1.35
- Total Assets
- $725.9B
- Operating Cash Flow
- $4.8B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $10.9B | $2.2B | $1.35 | 24.9% | $4.8B |
| Q1 FY2026 | $10.8B | $1.9B | $1.18 | 24.83% | $1.3B |
| Q4 FY2025 | $11.0B | $2.1B | $1.26 | 23.08% | $2.8B |
| Q3 FY2025 | $11.0B | $2.0B | $1.21 | 23.01% | $3.4B |
| Q2 FY2025 | $10.5B | $1.8B | $1.11 | 21.78% | $2.0B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $42.9B | $7.6B | $4.61 | 22.2% | $8.0B |
| FY2024 | $42.7B | $6.3B | $3.79 | 18.52% | $11.3B |
| FY2023 | $40.6B | $5.4B | $3.27 | 16.9% | $8.4B |
Frequently asked questions
What was U.S. Bancorp's revenue last quarter?
U.S. Bancorp reported revenue of $10.92 billion for Q2 FY2026, up 3.8% from the same period a year earlier.
Is U.S. Bancorp profitable?
Yes. U.S. Bancorp reported net income of $2.18 billion for Q2 FY2026, a net margin of 19.93% on revenue.
How has U.S. Bancorp's margin trended?
Operating margin was 24.9% in Q2 FY2026, compared with 21.78% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
When does U.S. Bancorp report next?
U.S. Bancorp is scheduled to report results on 2026-10-15. The company has confirmed that date.
Full income statement, balance sheet and cash flow for U.S. Bancorp on SentiSense, with up to forty quarters and twenty fiscal years of history.