U.S. Bancorp (USB) Financials
Key financial figures for U.S. Bancorp (Q3 2026).
U.S. Bancorp reported record Q3 2026 net revenue of $7,970 million (up 8.7% year over year) and diluted EPS of $1.34 (up 9.8%), with capital markets revenue up 69.3% on a full quarter of BTIG. Record net revenue of $7,970 million (taxable-equivalent basis), up 8.7% from Q3 2025 and 3.3% from Q2 2026; net income attributable to U.S. Bancorp was $2,202 million (up 10.0%) and diluted EPS was $1.34 versus $1.22 a year earlier and $1.35 in Q2 2026. Net interest income was $4,468 million on a GAAP basis (up 5.8% year over year; up 5.6% taxable-equivalent) and net interest margin widened to 2.84% from 2.75%, which the release attributes to loan growth, the small business credit card portfolio purchase and fixed-asset repricing. Figures are for Q3 2026, as U.S. Bancorp reported them.
- Revenue
- $11.3B
- Net Income
- $2.2B
- EPS
- $1.34
- Total Assets
- $703.0B
- Operating Cash Flow
- $3.8B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $11.3B | $2.2B | $1.34 | $3.8B | |
| Q2 FY2026 | $10.9B | $2.2B | $1.35 | $4.8B | |
| Q1 FY2026 | $10.8B | $1.9B | $1.18 | $1.3B | |
| Q4 FY2025 | $11.0B | $2.1B | $1.26 | $2.8B | |
| Q3 FY2025 | $11.0B | $2.0B | $1.22 | $3.4B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $42.9B | $7.6B | $4.62 | $8.0B | |
| FY2024 | $42.7B | $6.3B | $3.79 | $11.3B | |
| FY2023 | $40.6B | $5.4B | $3.27 | $8.4B |
Frequently asked questions
What was U.S. Bancorp's revenue last quarter?
U.S. Bancorp reported revenue of $11.25 billion for Q3 FY2026, up 2.3% from the same period a year earlier.
Is U.S. Bancorp profitable?
Yes. U.S. Bancorp reported net income of $2.20 billion for Q3 FY2026, a net margin of 19.57% on revenue.
How much free cash flow did U.S. Bancorp generate?
U.S. Bancorp generated free cash flow of $3.80 billion in Q3 FY2026, after capital expenditure.
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.