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U.S. Bancorp USB Payment Services — Loans

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Other financials

Income statement

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Revenue$7.3B+4.8%
Net income$1.9B+13.8%
EPS (diluted)$1.18+14.6%

Balance sheet

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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

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Operating cash flow$1.3B+535%

Valuation

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Market cap$98.15B+41.8%
Enterprise value$128.95B+42.6%
P/E12.6×+2.5×
P/S3.4×+0.9×

Profitability

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Net margin27%+2.8pp

Returns & leverage

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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 usb:NotesReceivableGrossAverage.

The source filing: U.S. Bancorp’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000036104-26-000024
(Dollars in Millions)Wealth, Corporate, Commercial and Institutional Banking / 2026Wealth, Corporate, Commercial and Institutional Banking / 2025Consumer and Business Banking / 2026Consumer and Business Banking / 2025Payment Services / 2026Payment Services / 2025Treasury and Corporate Support / 2026Treasury and Corporate Support / 2025Consolidated Company / 2026Consolidated Company / 2025
Net (income) loss attributable to noncontrolling interests(5)(7)(5)(7)
Net income (loss) attributable to U.S. Bancorp$1,434$1,205$616$597$231$232$(336)$(325)$1,945$1,709
Average Balance Sheet
Loans$203,834$182,191$144,291$153,906$44,003$41,607$1,432$1,324$393,560$379,028
Goodwill4,8264,8244,3264,3263,4813,39112,63312,541
Other intangible assets6828633,9144,368237249784,8405,488
Assets256,107230,619156,943166,49149,00646,825226,226225,458688,282669,393
Noninterest-bearing deposits57,81256,00118,36419,2042,4252,6162,0271,87580,62879,696

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FAQ

What is U.S. Bancorp's payment services — loans?
U.S. Bancorp (USB) reported payment services — loans of $44B in Q1 2026.
How has U.S. Bancorp's payment services — loans changed year-over-year?
U.S. Bancorp's payment services — loans increased by 5.8% year-over-year, from $41.61B to $44B.
What is the long-term trend for U.S. Bancorp's payment services — loans?
Over 3 years (2022 to 2025), U.S. Bancorp's payment services — loans has grown at a 54.3% compound annual growth rate (CAGR), from $34.63B to $127.22B.
What does payment services — loans mean?
This represents the total outstanding balance of loans held within the payment services segment, typically consisting of credit card receivables or other short-term financing provided to merchants and consumers. It reflects the segment's credit exposure and interest-earning asset base.

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