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 bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

U.S. Bancorp USB Net Income

Net Income at other companies

Associated Banc-CorpASB

$119.64M+17.7%

JPMorgan ChaseJPM

$16.49B+12.6%

Commerce BancsharesCBSH

$141.62M+7.6%

DeluxeDLX

$35.8M+156%

Fifth Third BankFITB

$165M-68.0%

Bank of AmericaBAC

$8.58B+16.6%

Segments

By segment

See full

Wealth Corporate Commercial And Institutional Banking$1.43B+19.0%

Consumer And Business Banking$616M+3.2%

Payment Services$231M-0.4%

Other financials

Income statement

See full

Revenue$7.3B+4.8%

EPS (diluted)$1.18+14.6%

Balance sheet

See full

Cash & equivalents$48.4B-3.2%

Total debt$79.2B+2.9%

Total equity$65.8B+9.5%

Total assets$701.00B+3.6%

Cash flow

See full

Operating cash flow$1.3B+535%

Valuation

See full

Market cap$95.35B+41.4%

Enterprise value$126.15B+33.6%

P/E12.2×+2.1×

P/S3.3×+0.9×

Profitability

See full

Net margin27%+2.8pp

Returns & leverage

See full

Return on equity12.4%+0.8pp

Debt / equity1.2×-0.1×

Where this comes from

Reported directly by U.S. Bancorp in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: U.S. Bancorp’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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 bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.