US BANCORP \DE\USB

Market cap

$74.4B

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Loans	-	-	-	-	10,113	10,059	10,810	11,827	13,120	14,099	12,018	10,747	13,603	22,324	23,009
Loans held for sale	246	200	282	203	128	206	154	144	165	162	216	232	201	147	173
Investment securities	1,601	1,820	1,792	1,631	1,866	2,001	2,078	2,232	2,616	2,893	2,428	2,365	3,378	4,485	5,111
Other interest income	166	249	251	174	121	136	125	182	272	340	178	143	763	3,051	3,373
Total interest income	12,158	12,639	12,883	12,285	12,228	12,402	13,167	14,385	16,173	17,494	14,840	13,487	17,945	30,007	31,666
Deposits	928	840	691	561	465	457	622	1,041	1,869	2,855	950	320	1,872	8,775	11,688
Short-term borrowings	548	531	442	353	263	245	263	319	378	360	141	70	565	1,971	1,107
Long-term debt	1,103	1,145	1,005	767	725	699	754	784	1,007	1,227	924	603	780	1,865	2,582
Total interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,377
Net interest income	9,579	10,123	10,745	10,604	10,775	11,001	11,528	12,241	12,919	13,052	12,825	12,494	14,728	17,396	16,289
Provision for credit losses	-	2,343	1,882	1,340	1,229	1,132	1,324	1,390	1,379	1,504	3,806	-1,173	1,977	2,275	2,238
Net interest income after provision for credit losses	5,223	7,780	8,863	9,264	9,546	9,869	10,204	10,851	11,540	11,548	9,019	13,667	12,751	15,121	14,051
Card revenue	-	-	-	-	-	-	-	-	1,401	1,413	1,338	1,507	1,512	1,630	1,679
Corporate payment products revenue	710	734	744	706	724	708	712	753	644	664	497	575	698	759	773
Merchant Discount Fee	-	-	-	-	-	-	-	-	1,531	1,601	1,261	1,449	1,579	1,659	1,714
Trust and investment management fees	-	-	-	-	-	-	-	-	1,619	1,673	1,736	1,832	2,209	2,459	2,660
Service charges	-	-	-	-	-	-	-	-	-	-	-	-	1,298	1,306	1,253
Commercial products revenue	771	841	878	859	854	867	871	849	895	934	1,143	1,102	1,105	1,372	1,523
Mortgage banking revenue	-	986	1,937	1,356	1,009	906	979	834	720	874	2,064	1,361	527	540	627
Investment products fees	-	-	-	-	-	-	-	-	188	186	192	239	235	279	330
Securities gains (losses), net	-	-	-	-	-	-	-	-	-	73	177	103	20	-145	-154
Other	731	1,011	743	569	1,040	907	993	860	910	926	748	721	273	758	641
Total noninterest income	8,360	8,760	9,319	8,774	9,164	9,092	9,577	9,611	9,602	9,831	10,401	10,227	9,456	10,617	11,046
Compensation and employee benefits	-	-	-	-	-	-	-	-	-	-	-	-	9,157	10,416	10,554
Occupancy, Net	919	999	917	949	987	991	988	1,019	1,063	1,123	1,092	1,048	1,096	1,266	1,246
Professional Fees	306	383	530	381	414	423	502	419	407	454	430	492	529	560	491
Marketing and Advertising Expense	360	369	388	357	382	361	435	542	429	426	318	366	456	726	619
Technology and communications	744	758	821	848	863	887	955	977	978	1,095	1,294	1,454	1,726	2,049	2,074
Other intangibles	367	299	274	223	199	174	179	175	161	168	176	159	215	636	569
Merger and integration charges	-	-	-	-	-	-	-	-	-	-	-	-	329	1,009	155
Other	1,913	1,914	1,957	1,695	1,978	1,819	1,975	2,558	1,709	1,618	1,833	1,207	1,398	2,211	1,480
Total noninterest expense	9,383	9,911	10,456	10,274	10,715	10,931	11,676	12,945	12,464	12,785	13,369	13,728	14,906	18,873	17,188
Income before income taxes	-	-	-	7,764	7,995	8,030	8,105	7,517	8,678	8,594	6,051	10,166	7,301	6,865	7,909
Applicable income taxes	935	1,841	2,236	2,032	2,087	2,097	2,161	1,264	1,554	1,648	1,066	2,181	1,463	1,407	1,580
Net income (loss)	3,265	4,788	5,490	5,732	5,908	5,933	5,944	6,253	7,124	6,946	4,985	7,985	5,838	5,458	6,329
Net (income) loss attributable to noncontrolling interests	-52	-84	-157	-104	57	54	56	35	28	32	26	22	13	29	30
Net income (loss) attributable to U.S. Bancorp	3,317	4,872	5,647	5,836	5,908	5,933	5,944	6,253	7,124	6,946	4,985	7,985	5,838	5,458	6,329
Net income applicable to U.S. Bancorp common shareholders	3,332	4,721	5,383	5,552	5,583	5,608	5,589	5,913	6,784	6,583	4,621	7,605	5,501	5,051	5,909
Net Income (Loss) Available to Common Stockholders, Diluted	-	-	-	-	-	-	-	-	-	-	-	-	-	5,051	5,909
Earnings Per Share, Basic	1.74	2.47	2.85	3.02	3.1	3.18	3.25	3.53	4.15	4.16	3.06	5.11	3.69	3.27	3.79
Earnings Per Share, Diluted	1.73	2.46	2.84	3	3.08	3.16	3.24	3.51	4.14	4.16	3.06	5.1	3.69	3.27	3.79