Net Income
U.S. Bancorp Net Income decreased by 4.9% to $1.95B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.8%, from $1.71B to $1.95B. Over 4 years (FY 2021 to FY 2025), Net Income shows relatively stable performance with a -1.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Consistent growth in net income is the primary driver of long-term stock price appreciation and dividend capacity.
Detailed definition
The 'bottom line' profit of the company after all expenses, including interest and taxes, have been deducted from total...
Peer comparison
This is the standard metric for calculating Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios.
net_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.98B | $2.03B | $1.67B | $1.56B | $1.53B | $1.81B | $925.00M | $1.70B | $1.36B | $1.52B | $847.00M | $1.32B | $1.60B | $1.71B | $1.66B | $1.71B | $1.82B | $2.00B | $2.05B | $1.95B |
| QoQ Change | — | +2.3% | -17.5% | -6.9% | -1.7% | +18.4% | -49.0% | +83.6% | -19.8% | +11.9% | -44.4% | +55.7% | +21.5% | +6.9% | -3.0% | +2.8% | +6.2% | +10.2% | +2.2% | -4.9% |
| YoY Change | — | — | — | — | -22.8% | -10.7% | -44.7% | +9.1% | -11.1% | -15.9% | -8.4% | -22.3% | +17.8% | +12.5% | +96.3% | +29.6% | +13.2% | +16.7% | +23.0% | +13.8% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Wealth Corporate Commercial And Institutional Banking | $1.17B | $1.19B | $1.76B | $1.17B | $1.10B | $1.16B | $1.20B | $1.43B |
| Consumer And Business Banking | $512.00M | $476.00M | $295.00M | $398.00M | $459.00M | $465.00M | $401.00M | $616.00M |
| Payment Services | $297.00M | $277.00M | $198.00M | $340.00M | $325.00M | $326.00M | $291.00M | $231.00M |
| Treasury And Corporate Support | -$378.00M | -$226.00M | -$589.00M | -$200.00M | — | — | — | — |
| Total | $1.60B | $1.71B | $1.66B | $1.71B | $1.82B | $2.00B | $2.05B | $1.95B |
Consolidated Company, Corporate And Commercial Banking, Payments Services, Treasury And Corporate Support, Wealth Management And Investment Services were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Net Income at Other Companies
Frequently Asked Questions
- What is U.S. Bancorp's net income?
- U.S. Bancorp (USB) reported net income of $1.95B in Q1 2026.
- How has U.S. Bancorp's net income changed year-over-year?
- U.S. Bancorp's net income increased by 13.8% year-over-year, from $1.71B to $1.95B.
- What is the long-term trend for U.S. Bancorp's net income?
- Over 4 years (2021 to 2025), U.S. Bancorp's net income has grown at a -1.3% compound annual growth rate (CAGR), from $7.96B to $7.57B.
- What does net income mean?
- The final profit of the company after every single expense and tax has been paid.