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U.S. Bancorp USB Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Total net revenue by Business
Consumer And Business Banking$2.33B+7.5%$2.16B-5.3%$2.29B+1.6%$2.25B-2.1%$2.3B+0.8%
Payment Services$1.72B-9.4%$1.9B+0.5%$1.89B+2.2%$1.85B+11.6%$1.65B-7.1%
Wealth Corporate Commercial And Institutional Banking$3.48B+12.3%$3.1B+0.7%$3.08B+2.6%$3B-4.2%$3.13B+1.5%
Net income (loss) by Business
Consumer And Business Banking$616M+69.7%$363M-21.9%$465M+1.3%$459M-23.1%$597M+39.8%
Payment Services$231M-10.8%$259M-20.6%$326M+0.3%$325M+40.1%$232M-0.4%
Wealth Corporate Commercial And Institutional Banking$1.43B+20.2%$1.19B+2.7%$1.16B+5.8%$1.1B-8.9%$1.21B-6.2%
Income (loss) before income taxes by Business
Consumer And Business Banking$822M+69.8%$484M-21.9%$620M+1.3%$612M-23.1%$796M+39.6%
Payment Services$308M-11.0%$346M-20.5%$435M+0.2%$434M+40.5%$309M-0.6%
Wealth Corporate Commercial And Institutional Banking$1.91B+20.2%$1.59B+2.7%$1.55B+5.8%$1.46B-8.9%$1.61B-6.2%
Noninterest income by Business
Consumer And Business Banking$524M+40.1%$374M-14.2%$436M+7.4%$406M-23.4%$530M+44.4%
Payment Services$925M-16.1%$1.1B-0.4%$1.11B-0.9%$1.12B+22.4%$912M-13.2%
Wealth Corporate Commercial And Institutional Banking$1.61B+28.7%$1.25B-0.6%$1.26B+4.8%$1.2B-15.7%$1.42B+23.5%
Net interest income (taxable-equivalent basis) by Business
Consumer And Business Banking$1.8B+0.7%$1.79B-3.2%$1.85B+0.3%$1.84B+4.2%$1.77B-7.6%
Payment Services$794M-0.1%$795M+1.8%$781M+7.0%$730M-1.6%$742M+1.8%
Wealth Corporate Commercial And Institutional Banking$1.87B+1.2%$1.85B+1.5%$1.82B+1.2%$1.8B+5.4%$1.71B-11.6%
Net Income (Loss) Attributable to Noncontrolling Interest by Business
Consumer And Business Banking$0$0$0$0$0
Payment Services$0$0$0$0$0
Wealth Corporate Commercial And Institutional Banking$0$0$0$0$0
Total Assets by Business
Consumer And Business Banking$156.94B$158.75B-3.9%$165.18B-0.8%$166.49B
Payment Services$49.01B+15,863%$307M-99.4%$48.42B+1.2%$47.84B+2.2%$46.83B+10,035%
Wealth Corporate Commercial And Institutional Banking$256.11B+13,422%$1.89B-99.1%$212.92B+0.5%$211.95B-8.1%$230.62B+49,495%
Income (loss) before provision and income taxes by Business
Consumer And Business Banking$894M+59.6%$560M-17.8%$681M+4.6%$651M-24.1%$858M+32.0%
Payment Services$655M-18.8%$807M-4.3%$843M+3.1%$818M+30.7%$626M-19.1%
Wealth Corporate Commercial And Institutional Banking$1.98B+13.2%$1.75B+0.1%$1.75B+6.0%$1.65B-0.1%$1.65B-6.5%
Other Noninterest Expense, Including Additional Segment Items by Business
Consumer and Business Banking$304M-3.2%$314M0.0%$314M+2.3%$307M-2.5%$315M-3.7%
Payment Services$247M-13.9%$287M+14.8%$250M-0.4%$251M+16.2%$216M-8.5%
Wealth, Corporate, Commercial and Institutional Banking$243M-5.8%$258M+9.8%$235M+0.4%$234M-6.8%$251M+3.7%
Total noninterest expense by Business
Consumer And Business Banking$1.43B-10.7%$1.6B-0.1%$1.6B+0.4%$1.6B+11.0%$1.44B-11.7%
Payment Services$1.06B-2.4%$1.09B+4.4%$1.04B+1.6%$1.03B0.0%$1.03B+2.2%
Wealth, Corporate, Commercial and Institutional Banking$1.51B+11.2%$1.35B+1.5%$1.33B-1.5%$1.35B-8.7%$1.48B+12.2%
Income taxes and taxable-equivalent adjustment by Business
Consumer And Business Banking$206M+70.2%$121M-21.9%$155M+1.3%$153M-23.1%$199M+39.2%
Payment Services$77M-11.5%$87M-20.2%$109M0.0%$109M+41.6%$77M-1.3%
Wealth Corporate Commercial And Institutional Banking$478M+20.1%$398M+2.8%$387M+5.7%$366M-9.0%$402M-6.3%
Net shared services by Business
Consumer and Business Banking$553M-21.0%$700M-0.7%$705M+0.1%$704M+30.1%$541M-22.0%
Payment Services$567M+3.1%$550M+0.5%$547M+1.9%$537M-7.7%$582M+8.8%
Wealth, Corporate, Commercial and Institutional Banking$642M+24.7%$515M-1.3%$522M-3.0%$538M-14.9%$632M+19.0%
Total U.S. Bancorp shareholders’ equity by Business
Consumer And Business Banking$13.11B$13.36B-1.5%$13.56B-1.0%$13.71B
Payment Services$10.6B+21,524%$49M-99.5%$10.32B+0.8%$10.24B+0.1%$10.23B+20,358%
Wealth Corporate Commercial And Institutional Banking$24.2B+13,270%$181M-99.2%$22.13B+1.4%$21.82B-7.2%$23.51B
Total deposits by Business
Consumer And Business Banking$222.49B+39,559%$561M-99.7%$221.96B+0.7%$220.51B+1.1%$218.07B
Payment Services$2.52B$2.52B-3.3%$2.61B-3.8%$2.71B
Wealth Corporate Commercial And Institutional Banking$287.58B+9,053%$3.14B-98.8%$273.08B+3.2%$264.52B-3.9%$275.16B+23,765%
Other intangible assets by Business
Consumer And Business Banking$3.91B$4.22B-1.3%$4.28B-2.1%$4.37B
Payment Services$237M$260M+0.8%$258M+3.6%$249M
Wealth, Corporate, Commercial and Institutional Banking$682M$772M-5.5%$817M-5.3%$863M
Compensation and employee benefits by Business
Consumer and Business Banking$522M-1.5%$530M+0.8%$526M-0.4%$528M+0.6%$525M-3.5%
Payment Services$232M0.0%$232M+2.2%$227M+3.2%$220M+3.8%$212M+0.5%
Wealth, Corporate, Commercial and Institutional Banking$580M+8.6%$534M+0.8%$530M-0.9%$535M-3.3%$553M+11.0%
Loans by Business
Consumer And Business Banking$144.29B$145.9B-2.5%$149.66B-2.8%$153.91B+7,695,200%
Payment Services$44B+10,327%$422M-99.0%$42.96B+1.7%$42.23B+1.5%$41.61B+13,151%
Wealth Corporate Commercial And Institutional Banking$203.83B+10,153%$1.99B-98.9%$184.44B+1.9%$181.08B-0.6%$182.19B+78,431%
Amortization of intangibles by Business
Consumer And Business Banking$52M-11.9%$59M0.0%$59M0.0%$59M0.0%$59M-9.2%
Payment Services$18M-14.3%$21M+5.0%$20M0.0%$20M+11.1%$18M-25.0%
Wealth, Corporate, Commercial and Institutional Banking$40M-13.0%$46M0.0%$46M0.0%$46M0.0%$46M-8.0%
Noninterest-bearing deposits by Business
Consumer And Business Banking$18.36B$19.64B+0.2%$19.61B+2.1%$19.2B
Payment Services$2.43B$2.43B-3.4%$2.51B-4.0%$2.62B
Wealth Corporate Commercial And Institutional Banking$57.81B+5,960%$954M-98.3%$55.33B+1.7%$54.42B-2.8%$56B+124,347%
Goodwill Average by Business
Consumer And Business Banking$4.33B$4.33B0.0%$4.33B0.0%$4.33B
Payment Services$3.48B+31,545%$11M-99.7%$3.48B+1.7%$3.43B+1.0%$3.39B+24,121%
Wealth Corporate Commercial And Institutional Banking$4.83B+482,500%$1M-100.0%$4.83B0.0%$4.83B0.0%$4.82B
Interest-bearing deposits by Business
Consumer And Business Banking$204.12B+36,028%$565M-99.7%$202.32B+0.7%$200.9B+1.0%$198.87B
Payment Services$94M$95M0.0%$95M+1.1%$94M
Wealth Corporate Commercial And Institutional Banking$229.77B+10,401%$2.19B-99.0%$217.75B+3.6%$210.09B-4.1%$219.16B+19,680%
Provision for Credit Losses by Business
Consumer And Business Banking$72M-5.3%$76M+24.6%$61M+56.4%$39M-37.1%$62M-22.5%
Payment Services$347M-24.7%$461M+13.0%$408M+6.3%$384M+21.1%$317M-31.5%
Wealth Corporate Commercial And Institutional Banking$65M-58.3%$156M-20.8%$197M+7.7%$183M+336%$42M-16.0%

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Questions, answered.

How does U.S. Bancorp break its business down?
U.S. Bancorp (USB) reports total net revenue by business across 3 parts — Consumer And Business Banking, Payment Services and Wealth Corporate Commercial And Institutional Banking. Each is extracted from the segment footnotes and tracked over time.
Where does U.S. Bancorp's segment data come from?
Segment breakdowns are pulled from the segment footnotes in U.S. Bancorp's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.