U.S. Bancorp (USB)USBU.S. Bancorp

Balance Sheet

Assets, liabilities, and equity analysis

Quarterly Balance Sheet (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Total Current Assets	66.49B	66.49B	220.25B	137.73B	163.61B	156.16B	144.53B	151.14B	163.90B
Cash & Cash Equivalents	66.49B	66.49B	48.42B	46.89B	66.64B	57.81B	50.01B	56.50B	73.56B
Short-Term Investments	0.00	0.00	168.91B	90.84B	89.04B	90.26B	86.35B	86.36B	82.10B
Cash & Short-Term Investments	66.49B	66.49B	217.33B	137.73B	155.68B	148.06B	136.36B	142.87B	155.66B
Accounts Receivable	0.00	0.00	0.00	0.00	7.93B	8.10B	8.17B	8.27B	8.24B
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	725.92B	725.92B	701.00B	692.35B	695.36B	686.37B	676.49B	678.32B	686.47B
Property, Plant & Equipment	3.85B	3.85B	3.82B	3.77B	3.69B	3.63B	3.58B	3.56B	3.58B
Goodwill	13.23B	13.23B	12.63B	12.63B	12.63B	12.64B	12.55B	12.54B	12.57B
Intangible Assets	5.00B	5.00B	4.80B	4.90B	5.15B	5.29B	5.38B	5.55B	5.49B
Long-Term Investments	568.89B	568.89B	392.15B	454.18B	446.15B	444.74B	445.70B	444.49B	440.89B
Total Current Liabilities	37.34B	37.34B	546.04B	539.38B	541.60B	533.76B	529.68B	533.83B	544.84B
Accounts Payable	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Short-Term Debt	37.34B	37.34B	17.86B	17.16B	15.45B	15.04B	17.16B	15.52B	23.71B
Total Liabilities	658.02B	658.02B	634.75B	626.69B	631.56B	624.47B	615.93B	619.28B	627.15B
Long-Term Debt	58.67B	58.67B	61.36B	60.76B	62.53B	64.01B	59.86B	58.00B	54.84B
Total Debt	96.01B	96.01B	79.22B	77.93B	77.98B	79.05B	77.02B	73.52B	78.55B
Net Debt (Cash)	29.52B	29.52B	30.80B	31.04B	11.35B	21.25B	27.00B	17.02B	4.99B
Total Shareholders' Equity	67.43B	67.43B	65.79B	65.19B	63.34B	61.44B	60.10B	58.58B	58.86B
Common Stock	21.00M	21.00M	21.00M	21.00M	21.00M	21.00M	21.00M	21.00M	21.00M
Retained Earnings	83.24B	83.24B	81.94B	80.91B	79.74B	78.65B	77.69B	76.86B	76.06B
Current Ratio	1.78	1.78	0.40	0.26	0.30	0.29	0.27	0.28	0.30
Debt to Equity Ratio	1.42	1.42	1.20	1.20	1.23	1.29	1.28	1.26	1.33

Annual Balance Sheet (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	137.73B	151.14B	138.90B	135.68B	173.68B	212.72B	158.93B	99.65B
Cash & Cash Equivalents	46.89B	56.50B	61.19B	53.54B	28.91B	62.58B	22.41B	21.45B
Short-Term Investments	90.84B	86.36B	69.37B	72.05B	132.41B	136.44B	122.34B	64.06B
Cash & Short-Term Investments	137.73B	142.87B	130.56B	125.59B	161.31B	199.02B	144.75B	85.51B
Accounts Receivable	0.00	8.27B	8.34B	10.08B	12.37B	13.71B	14.19B	14.14B
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	692.35B	678.32B	663.49B	674.80B	573.28B	553.90B	495.43B	467.37B
Property, Plant & Equipment	3.77B	3.56B	3.62B	3.86B	3.31B	3.47B	3.70B	2.46B
Goodwill	12.63B	12.54B	12.49B	12.37B	10.26B	9.92B	9.65B	9.37B
Intangible Assets	4.90B	5.55B	6.08B	7.16B	3.74B	2.86B	3.22B	3.39B
Long-Term Investments	454.18B	444.49B	444.36B	462.14B	343.57B	285.45B	283.48B	316.80B
Total Current Liabilities	539.38B	533.83B	527.59B	556.19B	467.88B	441.54B	385.64B	359.61B
Accounts Payable	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Short-Term Debt	17.16B	15.52B	15.28B	31.22B	11.80B	11.77B	23.72B	14.14B
Total Liabilities	626.69B	619.28B	607.72B	623.57B	517.90B	500.18B	442.94B	415.72B
Long-Term Debt	60.76B	58.00B	51.48B	39.83B	32.13B	41.30B	40.17B	41.34B
Total Debt	77.93B	73.52B	66.76B	71.05B	43.92B	53.06B	63.89B	55.48B
Net Debt (Cash)	31.04B	17.02B	5.57B	17.50B	15.02B	-9.52B	41.48B	34.03B
Total Shareholders' Equity	65.19B	58.58B	55.31B	50.77B	54.92B	53.09B	51.85B	51.03B
Common Stock	21.00M	21.00M	21.00M	21.00M	21.00M	21.00M	21.00M	21.00M
Retained Earnings	80.91B	76.86B	74.03B	71.90B	69.20B	64.19B	63.19B	59.06B
Current Ratio	0.26	0.28	0.26	0.24	0.37	0.48	0.41	0.28
Debt to Equity Ratio	1.20	1.26	1.21	1.40	0.80	1.00	1.23	1.09

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About U.S. Bancorp

U.S. Bancorp (USB) functions as a broad-based financial services holding company, delivering a comprehensive spectrum of banking and financial solutions throughout the United States. Its diverse customer base includes individual consumers, various businesses, institutional organizations, governmental bodies, and other financial entities. The company organizes its operations across key segments: Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support. Its offerings encompass fundamental depository services such as checking accounts, savings accounts, and time certificates. U.S. Bancorp also extends a variety of credit facilities, including traditional lending products, credit card services, lease financing, support for import/export trade, asset-backed lending, and agricultural finance. Furthermore, it provides supplementary services like capital markets access, treasury management, and receivable lock-box collection for its corporate and governmental clients. The firm also offers a full suite of asset management and fiduciary services designed for individuals, estates, foundations, corporations, and charitable organizations. Beyond these, the company supplies investment and insurance products, predominantly to customers within its operating regions, and delivers fund administration services to a range of mutual and other investment funds. Its portfolio also includes corporate and purchasing card services, corporate trust management, and merchant processing. U.S. Bancorp's capabilities additionally span investment management, ATM network operation, mortgage banking, insurance provision, brokerage activities, and leasing services. As of December 31, 2021, the company distributed its products and services through a physical network of 2,230 banking branches, mainly concentrated in the Midwest and Western United States. Digital access was also extensively provided via online platforms, mobile devices, and other electronic channels. Additionally, it managed a network of 4,059 ATMs. Founded in 1863, U.S. Bancorp is headquartered in Minneapolis, Minnesota.

Minneapolis, MN

70,000 employees

www.usbank.com

Financial Services / Banks - Diversified

Sector: Financial Services
Industry: Banks - Diversified
CEO: Gunjan Kedia

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