The financials
U.S. Bancorp by the numbers
U.S. Bancorp (USB) reported revenue of $7.71B in Q2 2026 (quarter ended June 30, 2026), up 10% from the same quarter a year earlier. That came with net income of $2.18B (28% of revenue). For the full year FY2025, revenue was $28.7B (+4.4% year on year) and net income $7.57B. Its largest segment in 2026-Q1 was Wealth Corporate Commercial And Institutional Banking at $3.48B, 46% of the disclosed total, just ahead of Consumer And Business Banking at 31%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $7.71B | $7.00B | +10% |
| Net income | $2.18B | $1.81B | +20% |
| Diluted EPS | $1.35 | $1.11 | +22% |
| Operating | Revenue | Share |
|---|---|---|
| Wealth Corporate Commercial And Institutional Banking | $3.48B | 46% |
| Consumer And Business Banking | $2.33B | 31% |
| Payment Services | $1.72B | 23% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $7.53B (+3.8%)
Wealth Corporate Commercial And Institutional Banking grew +11% year on yearConsumer And Business Banking +1.2% year on year
Segment Latestquarter on quarteryear on year
- Wealth Corporate Commercial And Institutional Banking$3.48B$3.48BQoQ +13%year on year +11%+13%+11%
- Consumer And Business Banking$2.33B$2.33BQoQ +1.8%year on year +1.2%+1.8%+1.2%
- Payment Services$1.72B$1.72BQoQ -8.9%year on year +3.9%-8.9%+3.9%
- Treasury And Corporate Support--QoQ -year on year ---