US Bancorp net income 1985–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
US Bancorp earned 2.20B USD in Q3 FY2026, the three months to 30 September 2026, up 10.0% on the same quarter a year before. US Bancorp's net income over the last twelve months was 8.38B USD, up 16.5% on the twelve months before. In fiscal year 2025 it earned 7.58B USD, up 20.3% on the year before.
Last updated 8 Nov 2026 · Next report 19 Jan 2027
Net income
Growth
| Fiscal year | Period ending | Net income | Growth | Net margin | Revenue |
|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 8.38B | +16.51% | 27.70% | 30.23B |
| FY2025 | 31 Dec 2025 | 7.58B | +20.27% | 26.55% | 28.54B |
| FY2024 | 31 Dec 2024 | 6.30B | +16.03% | 23.04% | 27.34B |
| FY2023 | 31 Dec 2023 | 5.43B | -6.80% | 19.38% | 28.01B |
| FY2022 | 31 Dec 2022 | 5.83B | -26.85% | 24.09% | 24.18B |
| FY2021 | 31 Dec 2021 | 7.96B | +60.58% | 35.05% | 22.72B |
| FY2020 | 31 Dec 2020 | 4.96B | -28.28% | 21.35% | 23.23B |
| FY2019 | 31 Dec 2019 | 6.91B | -2.56% | 30.21% | 22.88B |
| FY2018 | 31 Dec 2018 | 7.10B | +14.12% | 31.51% | 22.52B |
| FY2017 | 31 Dec 2017 | 6.22B | +5.60% | 28.66% | 21.70B |
| FY2016 | 31 Dec 2016 | 5.89B | +0.15% | 28.10% | 20.96B |
| FY2015 | 31 Dec 2015 | 5.88B | +0.48% | 29.44% | 19.97B |
| FY2014 | 31 Dec 2014 | 5.85B | +0.26% | 29.34% | 19.94B |
| FY2013 | 31 Dec 2013 | 5.84B | +3.35% | 30.12% | 19.38B |
| FY2012 | 31 Dec 2012 | 5.65B | +15.91% | 28.14% | 20.06B |
| FY2011 | 31 Dec 2011 | 4.87B | +46.88% | 25.80% | 18.88B |
| FY2010 | 31 Dec 2010 | 3.32B | +50.43% | 18.49% | 17.94B |
| FY2009 | 31 Dec 2009 | 2.21B | -25.15% | 13.39% | 16.47B |
| FY2008 | 31 Dec 2008 | 2.95B | -31.87% | 20.26% | 14.54B |
| FY2007 | 31 Dec 2007 | 4.32B | -8.99% | 30.92% | 13.99B |
| FY2006 | 31 Dec 2006 | 4.75B | +5.84% | 34.70% | 13.69B |
| FY2005 | 31 Dec 2005 | 4.49B | +7.73% | 34.27% | 13.10B |
| FY2004 | 31 Dec 2004 | 4.17B | +11.64% | 32.99% | 12.63B |
| FY2003 | 31 Dec 2003 | 3.73B | +17.82% | 29.86% | 12.50B |
| FY2002 | 31 Dec 2002 | 3.17B | +114.23% | 26.35% | 12.03B |
| FY2001 | 31 Dec 2001 | 1.48B | -48.57% | 13.42% | 11.02B |
| FY2000 | 31 Dec 2000 | 2.88B | +90.88% | 26.30% | 10.93B |
| FY1999 | 31 Dec 1999 | 1.51B | +13.49% | 25.03% | 6.02B |
| FY1998 | 31 Dec 1998 | 1.33B | +74.50% | 24.96% | 5.32B |
| FY1997 | 31 Dec 1997 | 760.70M | +83.12% | 21.93% | 3.47B |
| FY1996 | 31 Dec 1996 | 415.40M | +204.10% | 22.17% | 1.87B |
| FY1995 | 31 Dec 1995 | 136.60M | +17.15% | 26.46% | 516.30M |
| FY1994 | 31 Dec 1994 | 116.60M | -60.87% | 25.18% | 463.10M |
| FY1993 | 31 Dec 1993 | 298.00M | -4.43% | 17.50% | 1.70B |
| FY1992 | 31 Dec 1992 | 311.80M | +373.86% | 20.37% | 1.53B |
| FY1991 | 31 Dec 1991 | 65.80M | +1.39% | 18.70% | 351.80M |
| FY1990 | 31 Dec 1990 | 64.90M | +11.90% | 20.10% | 322.90M |
| FY1989 | 31 Dec 1989 | 58.00M | +4.69% | 19.35% | 299.70M |
| FY1988 | 31 Dec 1988 | 55.40M | +33.49% | — | 0.00 |
| FY1987 | 31 Dec 1987 | 41.50M | +3.49% | — | 0.00 |
| FY1986 | 31 Dec 1986 | 40.10M | +17.60% | — | 0.00 |
| FY1985 | 31 Dec 1985 | 34.10M | — | — | 0.00 |
| Quarter | Period ending | Net income | Growth on a year before | Net margin | Revenue |
|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 2.20B | +10.04% | 27.71% | 7.95B |
| Q2 FY2026 | 30 Jun 2026 | 2.18B | +19.94% | 28.32% | 7.69B |
| Q1 FY2026 | 31 Mar 2026 | 1.95B | +13.81% | 26.79% | 7.26B |
| Q4 FY2025 | 31 Dec 2025 | 2.05B | +23.33% | 27.95% | 7.34B |
| Q3 FY2025 | 30 Sept 2025 | 2.00B | +16.74% | 27.41% | 7.30B |
| Q2 FY2025 | 30 Jun 2025 | 1.82B | +13.23% | 26.02% | 6.98B |
| Q1 FY2025 | 31 Mar 2025 | 1.71B | +29.57% | 24.67% | 6.93B |
| Q4 FY2024 | 31 Dec 2024 | 1.66B | +96.34% | 23.83% | 6.98B |
| Q3 FY2024 | 30 Sept 2024 | 1.71B | +12.54% | 25.08% | 6.83B |
| Q2 FY2024 | 30 Jun 2024 | 1.60B | +17.78% | 23.44% | 6.84B |
| Q1 FY2024 | 31 Mar 2024 | 1.32B | -22.32% | 19.73% | 6.69B |
| Q4 FY2023 | 31 Dec 2023 | 847.00M | -8.43% | 12.58% | 6.73B |
| Q3 FY2023 | 30 Sept 2023 | 1.52B | -15.95% | 21.76% | 7.00B |
| Q2 FY2023 | 30 Jun 2023 | 1.36B | -11.10% | 19.06% | 7.14B |
| Q1 FY2023 | 31 Mar 2023 | 1.70B | +9.06% | 23.78% | 7.14B |
| Q4 FY2022 | 31 Dec 2022 | 925.00M | -44.71% | 14.60% | 6.34B |
| Q3 FY2022 | 30 Sept 2022 | 1.81B | -10.65% | 28.78% | 6.30B |
| Q2 FY2022 | 30 Jun 2022 | 1.53B | -22.75% | 25.59% | 5.98B |
| Q1 FY2022 | 31 Mar 2022 | 1.56B | -31.71% | 27.96% | 5.57B |
| Q4 FY2021 | 31 Dec 2021 | 1.67B | +10.14% | 29.57% | 5.66B |
| Q3 FY2021 | 30 Sept 2021 | 2.03B | +28.35% | 34.58% | 5.86B |
| Q2 FY2021 | 30 Jun 2021 | 1.98B | +187.66% | 34.43% | 5.76B |
| Q1 FY2021 | 31 Mar 2021 | 2.28B | +94.71% | 41.88% | 5.44B |
| Q4 FY2020 | 31 Dec 2020 | 1.52B | +2.22% | 26.53% | 5.73B |
| Q3 FY2020 | 30 Sept 2020 | 1.58B | -17.19% | 26.60% | 5.94B |
| Q2 FY2020 | 30 Jun 2020 | 689.00M | -62.16% | 11.85% | 5.81B |
| Q1 FY2020 | 31 Mar 2020 | 1.17B | -31.08% | 20.37% | 5.75B |
| Q4 FY2019 | 31 Dec 2019 | 1.49B | -19.94% | 22.21% | 6.69B |
| Q3 FY2019 | 30 Sept 2019 | 1.91B | +5.12% | 32.37% | 5.90B |
| Q2 FY2019 | 30 Jun 2019 | 1.82B | +4.06% | 31.42% | 5.80B |
| Q1 FY2019 | 31 Mar 2019 | 1.70B | +1.43% | 30.61% | 5.55B |
| Q4 FY2018 | 31 Dec 2018 | 1.86B | +10.34% | 33.99% | 5.46B |
| Q3 FY2018 | 30 Sept 2018 | 1.82B | +16.12% | 32.02% | 5.67B |
| Q2 FY2018 | 30 Jun 2018 | 1.75B | +16.67% | 31.19% | 5.61B |
| Q1 FY2018 | 31 Mar 2018 | 1.68B | +13.71% | 30.79% | 5.44B |
| Q4 FY2017 | 31 Dec 2017 | 1.68B | +13.80% | 30.12% | 5.59B |
| Q3 FY2017 | 30 Sept 2017 | 1.56B | +4.06% | 28.34% | 5.52B |
| Q2 FY2017 | 30 Jun 2017 | 1.50B | -1.45% | 27.79% | 5.40B |
| Q1 FY2017 | 31 Mar 2017 | 1.47B | +6.28% | 28.12% | 5.24B |
| Q4 FY2016 | 31 Dec 2016 | 1.48B | +0.14% | 27.44% | 5.39B |
| Q3 FY2016 | 30 Sept 2016 | 1.50B | +0.87% | 28.14% | 5.34B |
| Q2 FY2016 | 30 Jun 2016 | 1.52B | +2.63% | 28.20% | 5.40B |
| Q1 FY2016 | 31 Mar 2016 | 1.39B | -3.14% | 27.81% | 4.98B |
| Q4 FY2015 | 31 Dec 2015 | 1.48B | -0.81% | 28.61% | 5.16B |
| Q3 FY2015 | 30 Sept 2015 | 1.49B | +1.22% | 29.23% | 5.09B |
| Q2 FY2015 | 30 Jun 2015 | 1.48B | -0.80% | 29.73% | 4.99B |
| Q1 FY2015 | 31 Mar 2015 | 1.43B | +2.43% | 29.49% | 4.85B |
| Q4 FY2014 | 31 Dec 2014 | 1.49B | +2.20% | 29.10% | 5.11B |
| Q3 FY2014 | 30 Sept 2014 | 1.47B | +0.20% | 29.81% | 4.93B |
| Q2 FY2014 | 30 Jun 2014 | 1.50B | +0.74% | 29.13% | 5.13B |
| Q1 FY2014 | 31 Mar 2014 | 1.40B | -2.17% | 29.36% | 4.76B |
| Q4 FY2013 | 31 Dec 2013 | 1.46B | +2.54% | 30.13% | 4.83B |
| Q3 FY2013 | 30 Sept 2013 | 1.47B | -0.41% | 30.36% | 4.84B |
| Q2 FY2013 | 30 Jun 2013 | 1.48B | +4.88% | 30.34% | 4.89B |
| Q1 FY2013 | 31 Mar 2013 | 1.43B | +6.73% | 29.64% | 4.82B |
| Q4 FY2012 | 31 Dec 2012 | 1.42B | +5.19% | 28.45% | 4.99B |
| Q3 FY2012 | 30 Sept 2012 | 1.47B | +15.79% | 28.78% | 5.12B |
| Q2 FY2012 | 30 Jun 2012 | 1.42B | +17.62% | 28.23% | 5.01B |
| Q1 FY2012 | 31 Mar 2012 | 1.34B | +27.92% | 27.46% | 4.87B |
| Q4 FY2011 | 31 Dec 2011 | 1.35B | +38.60% | 28.49% | 4.74B |
| Q3 FY2011 | 30 Sept 2011 | 1.27B | +40.20% | 26.82% | 4.75B |
| Q2 FY2011 | 30 Jun 2011 | 1.20B | +57.05% | 25.96% | 4.63B |
| Q1 FY2011 | 31 Mar 2011 | 1.05B | +56.35% | 23.40% | 4.47B |
| Q4 FY2010 | 31 Dec 2010 | 974.00M | +61.79% | 20.87% | 4.67B |
| Q3 FY2010 | 30 Sept 2010 | 908.00M | +50.58% | 20.03% | 4.53B |
| Q2 FY2010 | 30 Jun 2010 | 766.00M | +62.63% | 17.15% | 4.47B |
| Q1 FY2010 | 31 Mar 2010 | 669.00M | +26.47% | 15.67% | 4.27B |
| Q4 FY2009 | 31 Dec 2009 | 602.00M | +82.42% | 11.45% | 5.26B |
| Q3 FY2009 | 30 Sept 2009 | 603.00M | +4.69% | 14.36% | 4.20B |
| Q2 FY2009 | 30 Jun 2009 | 471.00M | -50.42% | 12.40% | 3.80B |
| Q1 FY2009 | 31 Mar 2009 | 529.00M | -51.47% | 14.89% | 3.55B |
| Q4 FY2008 | 31 Dec 2008 | 330.00M | -61.72% | 7.17% | 4.60B |
| Q3 FY2008 | 30 Sept 2008 | 576.00M | -47.45% | 13.85% | 4.16B |
| Q2 FY2008 | 30 Jun 2008 | 950.00M | -17.82% | 20.58% | 4.62B |
| Q1 FY2008 | 31 Mar 2008 | 1.09B | -3.54% | 30.52% | 3.57B |
| Q4 FY2007 | 31 Dec 2007 | 862.00M | -27.81% | 24.50% | 3.52B |
| Q3 FY2007 | 30 Sept 2007 | 1.10B | -8.89% | 30.93% | 3.54B |
| Q2 FY2007 | 30 Jun 2007 | 1.16B | -3.75% | 33.15% | 3.49B |
| Q1 FY2007 | 31 Mar 2007 | 1.13B | -1.99% | 33.51% | 3.37B |
| Q4 FY2006 | 31 Dec 2006 | 1.19B | +4.46% | 35.02% | 3.41B |
| Q3 FY2006 | 30 Sept 2006 | 1.20B | +4.25% | 35.30% | 3.41B |
| Q2 FY2006 | 30 Jun 2006 | 1.20B | +7.14% | 34.90% | 3.44B |
| Q1 FY2006 | 31 Mar 2006 | 1.15B | +7.66% | 34.64% | 3.33B |
| Q4 FY2005 | 31 Dec 2005 | 1.14B | +8.24% | 26.10% | 4.38B |
| Q3 FY2005 | 30 Sept 2005 | 1.15B | +8.26% | 34.37% | 3.36B |
| Q2 FY2005 | 30 Jun 2005 | 1.12B | +8.11% | 34.02% | 3.30B |
| Q1 FY2005 | 31 Mar 2005 | 1.07B | +6.21% | 34.26% | 3.13B |
| Q4 FY2004 | 31 Dec 2004 | 1.06B | +19.61% | 32.72% | 3.23B |
| Q3 FY2004 | 30 Sept 2004 | 1.07B | +12.10% | 32.31% | 3.30B |
| Q2 FY2004 | 30 Jun 2004 | 1.04B | +12.72% | 34.40% | 3.01B |
| Q1 FY2004 | 31 Mar 2004 | 1.01B | +10.67% | 32.63% | 3.09B |
| Q4 FY2003 | 31 Dec 2003 | 882.90M | +3.90% | 29.40% | 3.00B |
| Q3 FY2003 | 30 Sept 2003 | 950.90M | +10.53% | 31.74% | 3.00B |
| Q2 FY2003 | 30 Jun 2003 | 919.90M | +11.76% | 28.18% | 3.26B |
| Q1 FY2003 | 31 Mar 2003 | 911.20M | +20.53% | 27.63% | 3.30B |
| Q4 FY2002 | 31 Dec 2002 | 849.80M | +22.20% | 25.66% | 3.31B |
| Q3 FY2002 | 30 Sept 2002 | 860.30M | +2,123.00% | 26.09% | 3.30B |
| Q2 FY2002 | 30 Jun 2002 | 823.10M | +46.38% | 26.40% | 3.12B |
| Q1 FY2002 | 31 Mar 2002 | 756.00M | +84.35% | 25.30% | 2.99B |
| Q4 FY2001 | 31 Dec 2001 | 695.40M | +5.61% | 23.19% | 3.00B |
| Q3 FY2001 | 30 Sept 2001 | 38.70M | -87.48% | 1.33% | 2.92B |
| Q2 FY2001 | 30 Jun 2001 | 562.30M | -20.78% | 19.42% | 2.90B |
| Q1 FY2001 | 31 Mar 2001 | 410.10M | -40.29% | 13.87% | 2.96B |
| Q4 FY2000 | 31 Dec 2000 | 658.46M | +145.70% | 18.30% | 3.60B |
| Q3 FY2000 | 30 Sept 2000 | 308.99M | +988.01% | 17.35% | 1.78B |
| Q2 FY2000 | 30 Jun 2000 | 709.80M | +143.68% | 26.20% | 2.71B |
| Q1 FY2000 | 31 Mar 2000 | 686.80M | +138.78% | 25.71% | 2.67B |
| Q4 FY1999 | 31 Dec 1999 | 268.00M | +34.67% | 26.16% | 1.02B |
| Q3 FY1999 | 30 Sept 1999 | 28.40M | -85.27% | 2.81% | 1.01B |
| Q2 FY1999 | 30 Jun 1999 | 291.29M | +95.89% | 28.66% | 1.02B |
| Q1 FY1999 | 31 Mar 1999 | 287.62M | +107.22% | 28.91% | 994.94M |
| Q4 FY1998 | 31 Dec 1998 | 199.00M | +284.17% | 15.20% | 1.31B |
| Q3 FY1998 | 30 Sept 1998 | 192.80M | +156.04% | 19.03% | 1.01B |
| Q2 FY1998 | 30 Jun 1998 | 148.70M | +212.39% | 26.49% | 561.40M |
| Q1 FY1998 | 31 Mar 1998 | 138.80M | +206.40% | 25.91% | 535.70M |
| Q4 FY1997 | 31 Dec 1997 | 51.80M | +22.46% | 29.79% | 173.90M |
| Q3 FY1997 | 30 Sept 1997 | 75.30M | +97.12% | 24.42% | 308.30M |
| Q2 FY1997 | 30 Jun 1997 | 47.60M | +19.60% | 28.87% | 164.90M |
| Q1 FY1997 | 31 Mar 1997 | 45.30M | +18.90% | 28.76% | 157.50M |
| Q4 FY1996 | 31 Dec 1996 | 42.30M | +17.83% | 18.08% | 233.90M |
| Q3 FY1996 | 30 Sept 1996 | 38.20M | +11.70% | 16.56% | 230.70M |
| Q2 FY1996 | 30 Jun 1996 | 39.80M | +17.75% | 17.85% | 223.00M |
| Q1 FY1996 | 31 Mar 1996 | 38.10M | +16.16% | 17.44% | 218.50M |
| Q4 FY1995 | 31 Dec 1995 | 35.90M | +17.70% | 16.19% | 221.80M |
| Q3 FY1995 | 30 Sept 1995 | 34.20M | +14.77% | 26.51% | 129.00M |
| Q2 FY1995 | 30 Jun 1995 | 33.80M | +18.60% | 16.21% | 208.50M |
| Q1 FY1995 | 31 Mar 1995 | 32.80M | +17.99% | 16.05% | 204.40M |
| Q4 FY1994 | 31 Dec 1994 | 30.50M | -86.40% | 15.61% | 195.40M |
| Q3 FY1994 | 30 Sept 1994 | 29.80M | +26.81% | 17.29% | 172.40M |
| Q2 FY1994 | 30 Jun 1994 | 28.50M | +12.65% | 17.51% | 162.80M |
| Q1 FY1994 | 31 Mar 1994 | 27.80M | +11.65% | 17.82% | 156.00M |
| Q4 FY1993 | 31 Dec 1993 | 224.20M | +1,105.38% | 12.75% | 1.76B |
| Q3 FY1993 | 30 Sept 1993 | 23.50M | +16.34% | 14.93% | 157.40M |
| Q2 FY1993 | 30 Jun 1993 | 25.30M | +29.08% | 16.06% | 157.50M |
| Q1 FY1993 | 31 Mar 1993 | 24.90M | +41.48% | 15.81% | 157.50M |
| Q4 FY1992 | 31 Dec 1992 | 18.60M | +6.90% | 11.48% | 162.00M |
| Q3 FY1992 | 30 Sept 1992 | 20.20M | +23.93% | 19.07% | 105.90M |
| Q2 FY1992 | 30 Jun 1992 | 19.60M | +15.98% | 20.10% | 97.50M |
| Q1 FY1992 | 31 Mar 1992 | 17.60M | +15.79% | 18.03% | 97.60M |
| Q4 FY1991 | 31 Dec 1991 | 17.40M | +10.13% | 18.75% | 92.80M |
| Q3 FY1991 | 30 Sept 1991 | 16.30M | +6.54% | 17.53% | 93.00M |
| Q2 FY1991 | 30 Jun 1991 | 16.90M | +1.20% | 19.95% | 84.70M |
| Q1 FY1991 | 31 Mar 1991 | 15.20M | -11.63% | 9.41% | 161.50M |
| Q4 FY1990 | 31 Dec 1990 | 15.80M | -3.07% | 19.22% | 82.20M |
| Q3 FY1990 | 30 Sept 1990 | 15.30M | +26.45% | 9.07% | 168.70M |
| Q2 FY1990 | 30 Jun 1990 | 16.70M | — | 20.77% | 80.40M |
| Q1 FY1990 | 31 Mar 1990 | 17.20M | — | 22.02% | 78.10M |
| Q4 FY1989 | 31 Dec 1989 | 16.30M | — | 20.87% | 78.10M |
| Q3 FY1989 | 30 Sept 1989 | 12.10M | — | 16.26% | 74.40M |
| Q2 FY1989 | 30 Jun 1989 | 0.00 | — | — | 0.00 |
| Q1 FY1989 | 31 Mar 1989 | 0.00 | — | — | 0.00 |
| Q4 FY1988 | 31 Dec 1988 | 0.00 | — | — | 0.00 |
| Q3 FY1988 | 30 Sept 1988 | 0.00 | — | — | 0.00 |
| Q2 FY1988 | 30 Jun 1988 | 0.00 | — | — | 0.00 |
| Q1 FY1988 | 31 Mar 1988 | 0.00 | — | — | 0.00 |
| Q4 FY1987 | 31 Dec 1987 | 0.00 | — | — | 0.00 |
| Q3 FY1987 | 30 Sept 1987 | 0.00 | — | — | 0.00 |
| Q2 FY1987 | 30 Jun 1987 | 0.00 | — | — | 0.00 |
| Q1 FY1987 | 31 Mar 1987 | 0.00 | — | — | 0.00 |
| Q4 FY1986 | 31 Dec 1986 | 0.00 | — | — | 0.00 |
| Q3 FY1986 | 30 Sept 1986 | 0.00 | — | — | 0.00 |
| Q2 FY1986 | 30 Jun 1986 | 0.00 | — | — | 0.00 |
| Q1 FY1986 | 31 Mar 1986 | 0.00 | — | — | 0.00 |
| Q4 FY1985 | 31 Dec 1985 | 0.00 | — | — | 0.00 |
| Q3 FY1985 | 30 Sept 1985 | 0.00 | — | — | 0.00 |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about US Bancorp's profit
Source: Financial Modeling Prep
