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U.S. Bancorp USB Payment Services — Revenue generated from certain contracts with customers

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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:RevenueGeneratedFromCertainContractsWithCustomersIncludedInNonInterestIncome.

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

(c)Total noninterest income includes revenue generated from certain contracts with customers of $2.4 billion and $2.3 billion for the three months ended March 31, 2026 and 2025, respectively.

Item 1. )

FAQ

What is U.S. Bancorp's payment services — revenue generated from certain contracts with customers?
U.S. Bancorp (USB) reported payment services — revenue generated from certain contracts with customers of $2.4B in Q1 2026.
How has U.S. Bancorp's payment services — revenue generated from certain contracts with customers changed year-over-year?
U.S. Bancorp's payment services — revenue generated from certain contracts with customers increased by 4.3% year-over-year, from $2.3B to $2.4B.
What is the long-term trend for U.S. Bancorp's payment services — revenue generated from certain contracts with customers?
Over 4 years (2021 to 2025), U.S. Bancorp's payment services — revenue generated from certain contracts with customers has grown at a 6.6% compound annual growth rate (CAGR), from $7.5B to $9.7B.
What does payment services — revenue generated from certain contracts with customers mean?
This represents the gross revenue derived from specific customer contracts within the payment services segment, often related to processing fees, merchant services, or service-level agreements. It serves as a key indicator of the segment's top-line growth and market demand.

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