U.S. Bancorp USB Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Total net revenue by Business | |||||
| Consumer And Business Banking | $9B-2.6% | $9.24B-9.9% | $10.25B+16.2% | $8.82B+2.6% | |
| Payment Services | $7.28B+3.7% | $7.03B+5.3% | $6.67B+6.0% | $6.3B— | |
| Wealth Corporate Commercial And Institutional Banking | $12.31B+0.9% | $12.2B+5.7% | $11.54B— | —— | |
| Net income (loss) by Business | |||||
| Consumer And Business Banking | $1.88B+0.5% | $1.87B-25.2% | $2.51B+12.3% | $2.23B-5.7% | |
| Payment Services | $1.14B+7.5% | $1.06B+3.1% | $1.03B-23.4% | $1.35B— | |
| Wealth Corporate Commercial And Institutional Banking | $4.66B-2.7% | $4.79B+11.8% | $4.28B— | —— | |
| Income (loss) before income taxes by Business | |||||
| Consumer And Business Banking | $2.51B+0.4% | $2.5B-25.2% | $3.34B+12.4% | $2.97B-5.7% | |
| Payment Services | $1.52B+7.5% | $1.42B+3.1% | $1.38B-23.3% | $1.79B— | |
| Wealth Corporate Commercial And Institutional Banking | $6.21B-2.7% | $6.38B+11.8% | $5.71B— | —— | |
| Noninterest income by Business | |||||
| Consumer And Business Banking | $1.75B+8.7% | $1.61B-2.0% | $1.64B+6.7% | $1.54B-38.6% | |
| Payment Services | $4.24B+1.0% | $4.2B+3.5% | $4.06B+6.9% | $3.79B— | |
| Wealth Corporate Commercial And Institutional Banking | $5.13B+13.0% | $4.54B+9.5% | $4.15B— | —— | |
| Net interest income (taxable-equivalent basis) by Business | |||||
| Consumer And Business Banking | $7.25B-5.0% | $7.63B-11.4% | $8.61B+18.2% | $7.29B+19.4% | |
| Payment Services | $3.05B+7.7% | $2.83B+8.2% | $2.62B+4.5% | $2.5B— | |
| Wealth Corporate Commercial And Institutional Banking | $7.18B-6.2% | $7.66B+3.6% | $7.4B— | —— | |
| Net Income (Loss) Attributable to Noncontrolling Interest by Business | |||||
| Consumer And Business Banking | $0— | $0— | $0— | $0— | |
| Payment Services | $0— | $0— | $0— | $0— | |
| Wealth Corporate Commercial And Institutional Banking | $0— | $0— | $0— | —— | |
| Total Assets by Business | |||||
| Payment Services | $143.4B+2.0% | $140.57B+6.4% | $132.12B+222% | $41.07B— | |
| Wealth Corporate Commercial And Institutional Banking | $657.39B+9.0% | $603.31B— | —— | —— | |
| Income (loss) before provision and income taxes by Business | |||||
| Consumer And Business Banking | $2.75B+2.5% | $2.68B-21.6% | $3.42B+12.2% | $3.05B+0.9% | |
| Payment Services | $3.09B+2.0% | $3.03B+9.5% | $2.77B-0.1% | $2.77B— | |
| Wealth Corporate Commercial And Institutional Banking | $6.79B+0.3% | $6.77B+11.9% | $6.05B— | —— | |
| Other Noninterest Expense, Including Additional Segment Items by Business | |||||
| Consumer and Business Banking | $1.25B-2.6% | $1.28B-3.7% | $1.33B+28.0% | $1.04B— | |
| Payment Services | $1B+9.4% | $918M+0.3% | $915M+1.9% | $898M— | |
| Wealth, Corporate, Commercial and Institutional Banking | $978M+4.3% | $938M-8.2% | $1.02B+36.6% | $748M— | |
| Total noninterest expense by Business | |||||
| Consumer And Business Banking | $6.25B-4.7% | $6.56B-4.0% | $6.83B+18.2% | $5.78B+0.8% | |
| Payment Services | $4.19B+4.9% | $4B+2.3% | $3.9B+10.8% | $3.53B— | |
| Wealth, Corporate, Commercial and Institutional Banking | $5.52B+1.7% | $5.43B-1.1% | $5.49B+32.8% | $4.14B— | |
| Income taxes and taxable-equivalent adjustment by Business | |||||
| Consumer And Business Banking | $628M+0.2% | $627M-25.2% | $838M+12.8% | $743M-5.7% | |
| Payment Services | $382M+7.3% | $356M+3.2% | $345M-23.0% | $448M— | |
| Wealth Corporate Commercial And Institutional Banking | $1.55B-2.7% | $1.6B+11.8% | $1.43B— | —— | |
| Net shared services by Business | |||||
| Consumer and Business Banking | $2.65B-5.2% | $2.8B-5.5% | $2.96B+11.4% | $2.66B— | |
| Payment Services | $2.22B+5.0% | $2.11B+5.2% | $2.01B+21.2% | $1.66B— | |
| Wealth, Corporate, Commercial and Institutional Banking | $2.21B+2.9% | $2.14B-1.2% | $2.17B+40.3% | $1.55B— | |
| Goodwill, Acquired During Period by Business | |||||
| Consumer And Business Banking | $0— | $0+100% | -$139M-111% | $1.22B+3,386% | |
| Payment Services | $46M-42.5% | $80M— | $0-100% | $11M-94.3% | |
| Treasury and Corporate Support | $0— | $0— | $0— | $0— | |
| Wealth, Corporate, Commercial and Institutional Banking | $0— | $0-100% | $235M-74.4% | $918M+538% | |
| Total U.S. Bancorp shareholders’ equity by Business | |||||
| Payment Services | $30.83B+3.1% | $29.91B+8.1% | $27.67B+236% | $8.23B— | |
| Wealth Corporate Commercial And Institutional Banking | $67.64B— | —— | $66.85B— | —— | |
| Total deposits by Business | |||||
| Consumer And Business Banking | $661.11B— | —— | —— | $586.18B+2.7% | |
| Wealth Corporate Commercial And Institutional Banking | $815.89B+0.1% | $815.17B— | —— | —— | |
| Goodwill Foreign Currency Translation Gain (Loss) And Other Increase (Decrease) by Business | |||||
| Consumer And Business Banking | $0— | $0— | $0— | $0+100% | |
| Payment Services | $50M+261% | -$31M-263% | $19M+153% | -$36M-44.0% | |
| Treasury and Corporate Support | $0— | $0— | $0— | $0— | |
| Wealth, Corporate, Commercial and Institutional Banking | $3M+250% | -$2M-300% | $1M+150% | -$2M-101% | |
| Compensation and employee benefits by Business | |||||
| Consumer and Business Banking | $2.11B-4.6% | $2.21B-4.0% | $2.3B+12.8% | $2.04B— | |
| Payment Services | $891M+2.5% | $869M+4.4% | $832M-0.4% | $835M— | |
| Wealth, Corporate, Commercial and Institutional Banking | $2.15B+0.5% | $2.14B+2.9% | $2.08B+15.5% | $1.8B— | |
| Loans by Business | |||||
| Payment Services | $127.22B+3.8% | $122.6B+7.2% | $114.33B+230% | $34.63B— | |
| Wealth Corporate Commercial And Institutional Banking | $549.7B+6.3% | $517.07B— | —— | —— | |
| Amortization of intangibles by Business | |||||
| Consumer And Business Banking | $236M-11.3% | $266M-8.6% | $291M+593% | $42M+250% | |
| Payment Services | $79M-18.6% | $97M-15.7% | $115M-15.4% | $136M— | |
| Wealth, Corporate, Commercial and Institutional Banking | $184M-10.7% | $206M-10.0% | $229M+519% | $37M— | |
| Noninterest-bearing deposits by Business | |||||
| Wealth Corporate Commercial And Institutional Banking | $166.71B-2.1% | $170.34B— | —— | —— | |
| Goodwill Average by Business | |||||
| Payment Services | $10.31B+2.6% | $10.04B+0.6% | $9.98B+202% | $3.31B— | |
| Wealth Corporate Commercial And Institutional Banking | $14.48B— | —— | $13.95B— | —— | |
| Interest-bearing deposits by Business | |||||
| Consumer And Business Banking | $602.66B— | —— | $552.25B+12.1% | $492.59B+4.7% | |
| Wealth Corporate Commercial And Institutional Banking | $649.19B+0.7% | $644.83B+6.7% | $604.41B— | —— | |
| Provision for Credit Losses by Business | |||||
| Consumer And Business Banking | $238M+30.8% | $182M+133% | $78M+4.0% | $75M+155% | |
| Payment Services | $1.57B-2.7% | $1.61B+15.8% | $1.39B+42.2% | $980M— | |
| Wealth Corporate Commercial And Institutional Banking | $578M+50.1% | $385M+12.9% | $341M— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
