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10-Q Filing

US BANCORP DE CIK: 36104 Q3 2022
Filing Information
Form Type 10-Q
Accession Number 0001193125-22-275036
Period End Date 20220930
Filing Date 20221101
Fiscal Year 2022
Fiscal Period Q3
XBRL Instance d245647d10q_htm.xml
Balance Sheet 78 line items
Line Item Tag Value Unit Period
Held-to-maturity securities, Fair Value HeldToMaturitySecuritiesFairValue $74.13B USD Point-in-time
Held-to-maturity securities, Fair Value HeldToMaturitySecuritiesFairValue $41.81B USD Point-in-time
Cash and due from banks CashAndDueFromBanks $41.65B USD Point-in-time
Cash and due from banks CashAndDueFromBanks $28.91B USD Point-in-time
Mortgage loans, carried at fair value MortgagesHeldForSaleFairValueDisclosure $6.62B USD Point-in-time
Held-to-maturity (fair value $74,128 and $41,812, respectively) DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss $85.57B USD Point-in-time
Mortgage loans, carried at fair value MortgagesHeldForSaleFairValueDisclosure $3.48B USD Point-in-time
Held-to-maturity (fair value $74,128 and $41,812, respectively) DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss $41.86B USD Point-in-time
Available-for-sale ($858 and $557 pledged as collateral, respectively) AvailableForSaleSecuritiesDebtSecurities $132.96B USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Available-for-sale ($858 and $557 pledged as collateral, respectively) AvailableForSaleSecuritiesDebtSecurities $68.52B USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, share-authorized (actual number of shares) CommonStockSharesAuthorized 4.00B shares Point-in-time
Loans held for sale (including $3,483 and $6,623 of mortgage loans carried at fair value, respectively) LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $3.65B USD Point-in-time
Loans held for sale (including $3,483 and $6,623 of mortgage loans carried at fair value, respectively) LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $7.78B USD Point-in-time
Common stock, share-authorized (actual number of shares) CommonStockSharesAuthorized 4.00B shares Point-in-time
Common stock, shares issued (actual number of shares) CommonStockSharesIssued 2.13B shares Point-in-time
Common stock, shares issued (actual number of shares) CommonStockSharesIssued 2.13B shares Point-in-time
Treasury stock, shares (actual number of shares) TreasuryStockCommonShares 642.22M shares Point-in-time
Treasury stock, shares (actual number of shares) TreasuryStockCommonShares 639.92M shares Point-in-time
Total loans NotesReceivableGross $342.71B USD Point-in-time
Total loans NotesReceivableGross $312.03B USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $5.72B USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $6.02B USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $306.30B USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $336.69B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $3.15B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $3.31B USD Point-in-time
Goodwill Goodwill $10.12B USD Point-in-time
Goodwill Goodwill $10.26B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $4.60B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $3.74B USD Point-in-time
Other assets (including $1,235 and $1,193 of trading securities at fair value pledged as collateral, respectively) OtherAssets $47.00B USD Point-in-time
Other assets (including $1,235 and $1,193 of trading securities at fair value pledged as collateral, respectively) OtherAssets $38.17B USD Point-in-time
Total assets Assets $573.28B USD Point-in-time
Total assets Assets $600.97B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $134.90B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $115.21B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $321.18B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $355.94B USD Point-in-time
Total deposits Deposits $456.08B USD Point-in-time
Total deposits Deposits $471.15B USD Point-in-time
Short-term borrowings ShortTermBorrowings $11.80B USD Point-in-time
Short-term borrowings ShortTermBorrowings $25.07B USD Point-in-time
Long-term debt LongTermDebt $32.23B USD Point-in-time
Long-term debt LongTermDebt $32.12B USD Point-in-time
Other liabilities OtherLiabilities $17.89B USD Point-in-time
Other liabilities OtherLiabilities $24.55B USD Point-in-time
Total liabilities Liabilities $517.90B USD Point-in-time
Total liabilities Liabilities $553.00B USD Point-in-time
Preferred stock PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount $6.37B USD Point-in-time
Preferred stock PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount $6.81B USD Point-in-time
Common stock, par value $0.01 a shareauthorized: 4,000,000,000 shares; issued: 9/30/22 and 12/31/212,125,725,742 shares CommonStockValue $21.00M USD Point-in-time
Common stock, par value $0.01 a shareauthorized: 4,000,000,000 shares; issued: 9/30/22 and 12/31/212,125,725,742 shares CommonStockValue $21.00M USD Point-in-time
Capital surplus AdditionalPaidInCapitalCommonStock $8.59B USD Point-in-time
Capital surplus AdditionalPaidInCapitalCommonStock $8.54B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $69.20B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $71.78B USD Point-in-time
Less cost of common stock in treasury: 9/30/22639,921,995 shares; 12/31/21642,223,571 shares TreasuryStockCommonValue $27.19B USD Point-in-time
Less cost of common stock in treasury: 9/30/22639,921,995 shares; 12/31/21642,223,571 shares TreasuryStockCommonValue $27.27B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $322.00M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.94B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.79B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-12.50B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.20B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-10.36B USD Point-in-time
Total U.S. Bancorp shareholders' equity StockholdersEquity $47.51B USD Point-in-time
Total U.S. Bancorp shareholders' equity StockholdersEquity $54.92B USD Point-in-time
Noncontrolling interests MinorityInterest $469.00M USD Point-in-time
Noncontrolling interests MinorityInterest $465.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.67B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.73B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $47.98B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $54.38B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $49.07B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $55.39B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $573.28B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $600.97B USD Point-in-time
Income Statement 180 line items
Line Item Tag Value Unit Period
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $9.07B USD 3 Qtrs
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $2.71B USD 1 Quarter
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $8.11B USD 3 Qtrs
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $3.60B USD 1 Quarter
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $163.00M USD 3 Qtrs
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $176.00M USD 3 Qtrs
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $49.00M USD 1 Quarter
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $54.00M USD 1 Quarter
Investment securities InterestAndDividendIncomeSecurities $2.39B USD 3 Qtrs
Investment securities InterestAndDividendIncomeSecurities $867.00M USD 1 Quarter
Investment securities InterestAndDividendIncomeSecurities $1.74B USD 3 Qtrs
Investment securities InterestAndDividendIncomeSecurities $606.00M USD 1 Quarter
Other interest income OtherInterestAndDividendIncome $103.00M USD 3 Qtrs
Other interest income OtherInterestAndDividendIncome $38.00M USD 1 Quarter
Other interest income OtherInterestAndDividendIncome $209.00M USD 1 Quarter
Other interest income OtherInterestAndDividendIncome $347.00M USD 3 Qtrs
Total interest income InterestAndDividendIncomeOperating $10.13B USD 3 Qtrs
Total interest income InterestAndDividendIncomeOperating $3.41B USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $11.97B USD 3 Qtrs
Total interest income InterestAndDividendIncomeOperating $4.73B USD 1 Quarter
Deposits InterestExpenseDeposits $534.00M USD 1 Quarter
Deposits InterestExpenseDeposits $245.00M USD 3 Qtrs
Deposits InterestExpenseDeposits $78.00M USD 1 Quarter
Deposits InterestExpenseDeposits $791.00M USD 3 Qtrs
Short-term borrowings InterestExpenseShortTermBorrowings $18.00M USD 1 Quarter
Short-term borrowings InterestExpenseShortTermBorrowings $52.00M USD 3 Qtrs
Short-term borrowings InterestExpenseShortTermBorrowings $169.00M USD 1 Quarter
Short-term borrowings InterestExpenseShortTermBorrowings $247.00M USD 3 Qtrs
Long-term debt InterestExpenseLongTermDebt $142.00M USD 1 Quarter
Long-term debt InterestExpenseLongTermDebt $198.00M USD 1 Quarter
Long-term debt InterestExpenseLongTermDebt $464.00M USD 3 Qtrs
Long-term debt InterestExpenseLongTermDebt $498.00M USD 3 Qtrs
Total interest expense InterestExpense $1.54B USD 3 Qtrs
Total interest expense InterestExpense $901.00M USD 1 Quarter
Total interest expense InterestExpense $238.00M USD 1 Quarter
Total interest expense InterestExpense $761.00M USD 3 Qtrs
Net interest income InterestIncomeExpenseNet $10.44B USD 3 Qtrs
Net interest income InterestIncomeExpenseNet $3.83B USD 1 Quarter
Net interest income InterestIncomeExpenseNet $3.17B USD 1 Quarter
Net interest income InterestIncomeExpenseNet $9.37B USD 3 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $785.00M USD 3 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-163.00M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-1.16B USD 3 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $362.00M USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $3.46B USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $9.65B USD 3 Qtrs
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $3.33B USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $10.53B USD 3 Qtrs
Credit and debit card revenue FeeAndCommissionCreditAndDebitCards $1.12B USD 3 Qtrs
Credit and debit card revenue FeeAndCommissionCreditAndDebitCards $391.00M USD 1 Quarter
Credit and debit card revenue FeeAndCommissionCreditAndDebitCards $393.00M USD 1 Quarter
Credit and debit card revenue FeeAndCommissionCreditAndDebitCards $1.13B USD 3 Qtrs
Corporate payment products revenue CorporatePaymentProductsRevenue $156.00M USD 1 Quarter
Corporate payment products revenue CorporatePaymentProductsRevenue $190.00M USD 1 Quarter
Corporate payment products revenue CorporatePaymentProductsRevenue $520.00M USD 3 Qtrs
Corporate payment products revenue CorporatePaymentProductsRevenue $420.00M USD 3 Qtrs
Merchant processing services MerchantDiscountFee $1.08B USD 3 Qtrs
Merchant processing services MerchantDiscountFee $1.19B USD 3 Qtrs
Merchant processing services MerchantDiscountFee $392.00M USD 1 Quarter
Merchant processing services MerchantDiscountFee $406.00M USD 1 Quarter
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $1.35B USD 3 Qtrs
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $459.00M USD 1 Quarter
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $1.64B USD 3 Qtrs
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $572.00M USD 1 Quarter
Deposit service charges FeeAndCommissionDepositorAccounts $166.00M USD 1 Quarter
Deposit service charges FeeAndCommissionDepositorAccounts $508.00M USD 3 Qtrs
Deposit service charges FeeAndCommissionDepositorAccounts $194.00M USD 1 Quarter
Deposit service charges FeeAndCommissionDepositorAccounts $531.00M USD 3 Qtrs
Treasury management fees TreasuryManagementFees $155.00M USD 1 Quarter
Treasury management fees TreasuryManagementFees $151.00M USD 1 Quarter
Treasury management fees TreasuryManagementFees $462.00M USD 3 Qtrs
Treasury management fees TreasuryManagementFees $476.00M USD 3 Qtrs
Commercial products revenue CommercialProductsRevenue $841.00M USD 3 Qtrs
Commercial products revenue CommercialProductsRevenue $837.00M USD 3 Qtrs
Commercial products revenue CommercialProductsRevenue $285.00M USD 1 Quarter
Commercial products revenue CommercialProductsRevenue $277.00M USD 1 Quarter
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $423.00M USD 3 Qtrs
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $1.06B USD 3 Qtrs
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $418.00M USD 1 Quarter
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $81.00M USD 1 Quarter
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $56.00M USD 1 Quarter
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $177.00M USD 3 Qtrs
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $62.00M USD 1 Quarter
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $177.00M USD 3 Qtrs
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss $20.00M USD 1 Quarter
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss $38.00M USD 3 Qtrs
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss $88.00M USD 3 Qtrs
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss $1.00M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $557.00M USD 3 Qtrs
Other NoninterestIncomeOtherOperatingIncome $170.00M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $470.00M USD 3 Qtrs
Other NoninterestIncomeOtherOperatingIncome $167.00M USD 1 Quarter
Total noninterest income NoninterestIncome $7.69B USD 3 Qtrs
Total noninterest income NoninterestIncome $2.69B USD 1 Quarter
Total noninterest income NoninterestIncome $7.41B USD 3 Qtrs
Total noninterest income NoninterestIncome $2.47B USD 1 Quarter
Compensation SalariesWagesAndOfficersCompensation $5.62B USD 3 Qtrs
Compensation SalariesWagesAndOfficersCompensation $1.89B USD 1 Quarter
Compensation SalariesWagesAndOfficersCompensation $1.85B USD 1 Quarter
Compensation SalariesWagesAndOfficersCompensation $5.45B USD 3 Qtrs
Employee benefits OtherLaborRelatedExpenses $336.00M USD 1 Quarter
Employee benefits OtherLaborRelatedExpenses $1.06B USD 3 Qtrs
Employee benefits OtherLaborRelatedExpenses $1.14B USD 3 Qtrs
Employee benefits OtherLaborRelatedExpenses $369.00M USD 1 Quarter
Net occupancy and equipment OccupancyNet $259.00M USD 1 Quarter
Net occupancy and equipment OccupancyNet $806.00M USD 3 Qtrs
Net occupancy and equipment OccupancyNet $272.00M USD 1 Quarter
Net occupancy and equipment OccupancyNet $780.00M USD 3 Qtrs
Professional services ProfessionalFees $356.00M USD 3 Qtrs
Professional services ProfessionalFees $126.00M USD 1 Quarter
Professional services ProfessionalFees $131.00M USD 1 Quarter
Professional services ProfessionalFees $332.00M USD 3 Qtrs
Marketing and business development MarketingAndAdvertisingExpense $237.00M USD 3 Qtrs
Marketing and business development MarketingAndAdvertisingExpense $312.00M USD 3 Qtrs
Marketing and business development MarketingAndAdvertisingExpense $99.00M USD 1 Quarter
Marketing and business development MarketingAndAdvertisingExpense $126.00M USD 1 Quarter
Technology and communications CommunicationsAndInformationTechnology $355.00M USD 1 Quarter
Technology and communications CommunicationsAndInformationTechnology $1.05B USD 3 Qtrs
Technology and communications CommunicationsAndInformationTechnology $361.00M USD 1 Quarter
Technology and communications CommunicationsAndInformationTechnology $1.08B USD 3 Qtrs
Postage, printing and supplies SuppliesAndPostageExpense $72.00M USD 1 Quarter
Postage, printing and supplies SuppliesAndPostageExpense $213.00M USD 3 Qtrs
Postage, printing and supplies SuppliesAndPostageExpense $69.00M USD 1 Quarter
Postage, printing and supplies SuppliesAndPostageExpense $203.00M USD 3 Qtrs
Other intangibles AmortizationOfIntangibleAssets $119.00M USD 3 Qtrs
Other intangibles AmortizationOfIntangibleAssets $41.00M USD 1 Quarter
Other intangibles AmortizationOfIntangibleAssets $130.00M USD 3 Qtrs
Other intangibles AmortizationOfIntangibleAssets $43.00M USD 1 Quarter
Merger and integration charges MergerAndIntegrationCharges - USD 1 Quarter
Merger and integration charges MergerAndIntegrationCharges - USD 3 Qtrs
Merger and integration charges MergerAndIntegrationCharges $42.00M USD 1 Quarter
Merger and integration charges MergerAndIntegrationCharges $239.00M USD 3 Qtrs
Other OtherNoninterestExpense $998.00M USD 3 Qtrs
Other OtherNoninterestExpense $291.00M USD 1 Quarter
Other OtherNoninterestExpense $937.00M USD 3 Qtrs
Other OtherNoninterestExpense $336.00M USD 1 Quarter
Total noninterest expense NoninterestExpense $3.43B USD 1 Quarter
Total noninterest expense NoninterestExpense $3.64B USD 1 Quarter
Total noninterest expense NoninterestExpense $10.86B USD 3 Qtrs
Total noninterest expense NoninterestExpense $10.20B USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.60B USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $6.20B USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $8.03B USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.30B USD 1 Quarter
Applicable income taxes IncomeTaxExpenseBenefit $1.72B USD 3 Qtrs
Applicable income taxes IncomeTaxExpenseBenefit $564.00M USD 1 Quarter
Applicable income taxes IncomeTaxExpenseBenefit $1.29B USD 3 Qtrs
Applicable income taxes IncomeTaxExpenseBenefit $481.00M USD 1 Quarter
Net income ProfitLoss $4.91B USD 3 Qtrs
Net income ProfitLoss $6.31B USD 3 Qtrs
Net income ProfitLoss $1.82B USD 1 Quarter
Net income ProfitLoss $2.03B USD 1 Quarter
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $17.00M USD 3 Qtrs
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $8.00M USD 3 Qtrs
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $6.00M USD 1 Quarter
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $4.00M USD 1 Quarter
Net income attributable to U.S. Bancorp NetIncomeLoss $1.81B USD 1 Quarter
Net income attributable to U.S. Bancorp NetIncomeLoss $2.03B USD 1 Quarter
Net income attributable to U.S. Bancorp NetIncomeLoss $4.90B USD 3 Qtrs
Net income attributable to U.S. Bancorp NetIncomeLoss $6.29B USD 3 Qtrs
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.72B USD 1 Quarter
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.93B USD 1 Quarter
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $6.02B USD 3 Qtrs
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $4.65B USD 3 Qtrs
Earnings per common share EarningsPerShareBasic $3.13 USD 3 Qtrs
Earnings per common share EarningsPerShareBasic $1.30 USD 1 Quarter
Earnings per common share EarningsPerShareBasic $4.04 USD 3 Qtrs
Earnings per common share EarningsPerShareBasic $1.16 USD 1 Quarter
Diluted earnings per common share EarningsPerShareDiluted $1.16 USD 1 Quarter
Diluted earnings per common share EarningsPerShareDiluted $3.13 USD 3 Qtrs
Diluted earnings per common share EarningsPerShareDiluted $4.04 USD 3 Qtrs
Diluted earnings per common share EarningsPerShareDiluted $1.30 USD 1 Quarter
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.49B shares 1 Quarter
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.49B shares 3 Qtrs
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.48B shares 1 Quarter
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.49B shares 3 Qtrs
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.48B shares 1 Quarter
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.49B shares 1 Quarter
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.49B shares 3 Qtrs
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.49B shares 3 Qtrs
Cash Flow Statement 78 line items
Line Item Tag Value Unit Period
Net income attributable to U.S. Bancorp NetIncomeLoss $1.81B USD 1 Quarter
Net income attributable to U.S. Bancorp NetIncomeLoss $2.03B USD 1 Quarter
Net income attributable to U.S. Bancorp NetIncomeLoss $4.90B USD 3 Qtrs
Net income attributable to U.S. Bancorp NetIncomeLoss $6.29B USD 3 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $785.00M USD 3 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-163.00M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-1.16B USD 3 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $362.00M USD 1 Quarter
Depreciation and amortization of premises and equipment DepreciationNonproduction $253.00M USD 3 Qtrs
Depreciation and amortization of premises and equipment DepreciationNonproduction $255.00M USD 3 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $119.00M USD 3 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $41.00M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $130.00M USD 3 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $43.00M USD 1 Quarter
(Gain) loss on sale of loans held for sale GainLossOnSaleOfLoansHeldForSale $-136.00M USD 3 Qtrs
(Gain) loss on sale of loans held for sale GainLossOnSaleOfLoansHeldForSale $950.00M USD 3 Qtrs
(Gain) loss on sale of securities and other assets GainLossOnSaleOfOtherAssets $173.00M USD 3 Qtrs
(Gain) loss on sale of securities and other assets GainLossOnSaleOfOtherAssets $297.00M USD 3 Qtrs
Loans originated for sale, net of repayments PaymentsForOriginationAndPurchasesOfLoansHeldForSale $26.36B USD 3 Qtrs
Loans originated for sale, net of repayments PaymentsForOriginationAndPurchasesOfLoansHeldForSale $56.26B USD 3 Qtrs
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $28.70B USD 3 Qtrs
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $58.52B USD 3 Qtrs
Other, net OtherOperatingActivitiesCashFlowStatement $5.85B USD 3 Qtrs
Other, net OtherOperatingActivitiesCashFlowStatement $2.65B USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $9.17B USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $14.23B USD 3 Qtrs
Proceeds from sales of available-for-sale investment securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $13.38B USD 3 Qtrs
Proceeds from sales of available-for-sale investment securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $15.39B USD 3 Qtrs
Proceeds from maturities of held-to-maturity investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $4.15B USD 3 Qtrs
Proceeds from maturities of available-for-sale investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $12.41B USD 3 Qtrs
Proceeds from maturities of available-for-sale investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $33.74B USD 3 Qtrs
Purchases of held-to-maturity investment securities PaymentsToAcquireHeldToMaturitySecurities $6.94B USD 3 Qtrs
Purchases of available-for-sale investment securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $19.38B USD 3 Qtrs
Purchases of available-for-sale investment securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $62.76B USD 3 Qtrs
Net increase in loans outstanding PaymentsForProceedsFromLoansOutstanding $1.16B USD 3 Qtrs
Net increase in loans outstanding PaymentsForProceedsFromLoansOutstanding $30.38B USD 3 Qtrs
Proceeds from sales of loans ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $3.05B USD 3 Qtrs
Proceeds from sales of loans ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $4.23B USD 3 Qtrs
Purchases of loans PaymentsToAcquireLoansAndLeasesHeldForInvestment $3.28B USD 3 Qtrs
Purchases of loans PaymentsToAcquireLoansAndLeasesHeldForInvestment $1.93B USD 3 Qtrs
Net increase in securities purchased under agreements to resell ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell $-41.00M USD 3 Qtrs
Net increase in securities purchased under agreements to resell ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell $-37.00M USD 3 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $-120.00M USD 3 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $3.41B USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-15.77B USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-27.08B USD 3 Qtrs
Net increase in deposits IncreaseDecreaseInDeposits $15.06B USD 3 Qtrs
Net increase in deposits IncreaseDecreaseInDeposits $13.13B USD 3 Qtrs
Net increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $4.32B USD 3 Qtrs
Net increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $13.27B USD 3 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $5.63B USD 3 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $1.21B USD 3 Qtrs
Principal payments or redemption of long-term debt RepaymentsOfLongTermDebt $6.60B USD 3 Qtrs
Principal payments or redemption of long-term debt RepaymentsOfLongTermDebt $5.40B USD 3 Qtrs
Proceeds from issuance of preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $730.00M USD 3 Qtrs
Proceeds from issuance of preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $437.00M USD 3 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $16.00M USD 3 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $38.00M USD 3 Qtrs
Repurchase of preferred stock PaymentsForRepurchaseOfRedeemablePreferredStock $1.10B USD 3 Qtrs
Repurchase of preferred stock PaymentsForRepurchaseOfRedeemablePreferredStock $1.25B USD 3 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $55.00M USD 3 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $1.54B USD 3 Qtrs
Cash dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $223.00M USD 3 Qtrs
Cash dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $213.00M USD 3 Qtrs
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $2.06B USD 3 Qtrs
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $1.89B USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $25.59B USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $7.93B USD 3 Qtrs
Change in cash and due from banks CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $12.75B USD 3 Qtrs
Change in cash and due from banks CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $1.32B USD 3 Qtrs
Cash and due from banks at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $62.58B USD Point-in-time
Cash and due from banks at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $41.65B USD Point-in-time
Cash and due from banks at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $63.90B USD Point-in-time
Cash and due from banks at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.91B USD Point-in-time
Cash and due from banks at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $62.58B USD Point-in-time
Cash and due from banks at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $41.65B USD Point-in-time
Cash and due from banks at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $63.90B USD Point-in-time
Cash and due from banks at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.91B USD Point-in-time
Stockholders Equity 53 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.67B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.73B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $47.98B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $54.38B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $49.07B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $55.39B USD Point-in-time
Net income (loss) ProfitLoss $4.91B USD 3 Qtrs
Net income (loss) ProfitLoss $6.31B USD 3 Qtrs
Net income (loss) ProfitLoss $1.82B USD 1 Quarter
Net income (loss) ProfitLoss $2.03B USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-2.14B USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-590.00M USD 1 Quarter
Common stock dividends, share CommonStockDividendsPerShareDeclared $0.48 USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-10.56B USD 3 Qtrs
Common stock dividends, share CommonStockDividendsPerShareDeclared $1.40 USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-2.11B USD 3 Qtrs
Common stock dividends, share CommonStockDividendsPerShareDeclared $0.46 USD 1 Quarter
Common stock dividends, share CommonStockDividendsPerShareDeclared $1.30 USD 3 Qtrs
Preferred stock dividends DividendsPreferredStock $84.00M USD 1 Quarter
Preferred stock dividends DividendsPreferredStock $85.00M USD 1 Quarter
Preferred stock dividends DividendsPreferredStock $228.00M USD 3 Qtrs
Preferred stock dividends DividendsPreferredStock $232.00M USD 3 Qtrs
Common stock dividends DividendsCommonStock $686.00M USD 1 Quarter
Common stock dividends DividendsCommonStock $2.09B USD 3 Qtrs
Common stock dividends DividendsCommonStock $717.00M USD 1 Quarter
Common stock dividends DividendsCommonStock $1.94B USD 3 Qtrs
Issuance of preferred stock StockIssuedDuringPeriodValueNewIssues $437.00M USD 3 Qtrs
Issuance of preferred stock StockIssuedDuringPeriodValueNewIssues $730.00M USD 3 Qtrs
Redemption of preferred stock StockRedeemedOrCalledDuringPeriodValue $750.00M USD 3 Qtrs
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $18.00M USD 3 Qtrs
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $3.00M USD 1 Quarter
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $1.00M USD 1 Quarter
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $39.00M USD 3 Qtrs
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $55.00M USD 3 Qtrs
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $1.54B USD 3 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $8.00M USD 3 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $16.00M USD 3 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $5.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $4.00M USD 1 Quarter
Net other changes in noncontrolling interests MinorityInterestIncreaseDecreaseNetOtherChanges $4.00M USD 3 Qtrs
Net other changes in noncontrolling interests MinorityInterestIncreaseDecreaseNetOtherChanges $-4.00M USD 3 Qtrs
Net other changes in noncontrolling interests MinorityInterestIncreaseDecreaseNetOtherChanges $1.00M USD 1 Quarter
Net other changes in noncontrolling interests MinorityInterestIncreaseDecreaseNetOtherChanges $-1.00M USD 1 Quarter
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $166.00M USD 3 Qtrs
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $33.00M USD 1 Quarter
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $36.00M USD 1 Quarter
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $171.00M USD 3 Qtrs
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.67B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.73B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $47.98B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $54.38B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $49.07B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $55.39B USD Point-in-time
Comprehensive Income 40 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $4.91B USD 3 Qtrs
Net income ProfitLoss $6.31B USD 3 Qtrs
Net income ProfitLoss $1.82B USD 1 Quarter
Net income ProfitLoss $2.03B USD 1 Quarter
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-3.01B USD 3 Qtrs
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-825.00M USD 1 Quarter
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-2.81B USD 1 Quarter
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-14.32B USD 3 Qtrs
Changes in unrealized gains (losses) on derivative hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-134.00M USD 3 Qtrs
Changes in unrealized gains (losses) on derivative hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $8.00M USD 1 Quarter
Changes in unrealized gains (losses) on derivative hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $121.00M USD 3 Qtrs
Changes in unrealized gains (losses) on derivative hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-232.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $-1.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $-11.00M USD 3 Qtrs
Foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $23.00M USD 3 Qtrs
Foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $-8.00M USD 1 Quarter
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $-34.00M USD 3 Qtrs
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $-337.00M USD 3 Qtrs
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $-186.00M USD 1 Quarter
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $-27.00M USD 1 Quarter
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-3.58B USD 3 Qtrs
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-716.00M USD 3 Qtrs
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-201.00M USD 1 Quarter
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-725.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-2.14B USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-590.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-10.56B USD 3 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-2.11B USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $4.19B USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-5.65B USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.44B USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-323.00M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.00M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $8.00M USD 3 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $17.00M USD 3 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $6.00M USD 1 Quarter
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $-327.00M USD 1 Quarter
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $-5.66B USD 3 Qtrs
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $4.18B USD 3 Qtrs
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $1.44B USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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