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U.S. Bancorp USB Payment Services — Provision for Credit Losses

Other segment segments

Wealth, Corporate, Commercial and Institutional Banking
$129M-27.5%
Consumer and Business Banking
$78M+111%

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Other financials

Income statement

See full
Revenue$7.7B+10.2%
Net income$2.2B+19.9%
EPS (diluted)$1.35+21.6%

Balance sheet

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Cash & equivalents$66.5B+15.0%
Total debt$96.0B+21.4%
Total equity$67.4B+9.8%
Total assets$725.92B+5.8%

Cash flow

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Operating cash flow$4.8B+152%

Valuation

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Market cap$100.02B+44.5%
Enterprise value$129.54B+43.2%
P/E12.3×+2.2×
P/S3.4×+0.9×

Profitability

See full
Net margin27.6%+2.7pp

Returns & leverage

See full
Return on equity12.7%+1.0pp
Debt / equity1.4×+0.1×

Where this comes from

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

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The source filing: U.S. Bancorp’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000036104-26-000044
(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
Other direct expenses(e)2812463453423482436556261,6291,457
Total noninterest expense1,6021,4771,5101,5171,1271,0161891714,4284,181
Income (loss) before provision and income taxes2,1691,743863859685698(433)(477)3,2842,823
Provision for credit losses1291787837385384(54)(98)538501
Income (loss) before income taxes2,0401,565785822300314(379)(379)2,7462,322
Income taxes and taxable-equivalent adjustment5103911962067579(218)(175)563501
Net income (loss)1,5301,174589616225235(161)(204)2,1831,821
Net (income) loss attributable to noncontrolling interests(6)(6)(6)(6)

Item 1. )

FAQ

What is U.S. Bancorp's payment services — provision for credit losses?
U.S. Bancorp (USB) reported payment services — provision for credit losses of $385M in Q2 2026.
How has U.S. Bancorp's payment services — provision for credit losses changed year-over-year?
U.S. Bancorp's payment services — provision for credit losses increased by 0.3% year-over-year, from $384M to $385M.
What is the long-term trend for U.S. Bancorp's payment services — provision for credit losses?
Over 3 years (2022 to 2025), U.S. Bancorp's payment services — provision for credit losses has grown at a 17.0% compound annual growth rate (CAGR), from $980M to $1.57B.
What does payment services — provision for credit losses mean?
This represents the expense recognized to maintain an adequate allowance for expected credit losses on loans and receivables within the payment services segment. It reflects management's assessment of potential future defaults and credit risk within the payment portfolio.

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