Operating
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
StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase indicates higher profitability and operational success, while a decrease may signal rising costs or declining sales.
Detailed definition
Net income represents the total profit of the company after all operating expenses, taxes, and interest have been deduct...
Peer comparison
Standard across all public companies, though margins vary significantly by industry sector.
Metric ID:
net_income_cfHistorical Data
20 periods
| 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% |
Range$847.00M – $2.05B
CAGR-0.4%
Avg YoY Growth+6.0%
Median YoY Growth+10.8%
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 |
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 total profit a company earns after all expenses and taxes are paid.