← US BANCORP \DE\
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Property, Plant and Equipment, Net | $2.4b | $2.4b | $2.5b | $3.7b | $3.5b | $3.3b | $3.9b | — | — | — | |
| Goodwill | $9.3b | $9.4b | $9.4b | $9.7b | $9.9b | $10.3b | $12.4b | $12.5b | $12.5b | $12.6b | |
| Intangible Assets, Net (Excluding Goodwill) | $3.3b | $3.2b | $3.4b | $3.2b | $2.9b | $3.7b | $7.2b | $6.1b | $5.5b | $4.9b | |
| Other intangible assets | $3.3b | $3.2b | $3.4b | $3.2b | $2.9b | $3.7b | $7.2b | $6.1b | $5.5b | $4.9b | |
| Operating Lease, Right-of-Use Asset | — | — | — | — | — | — | — | $1.1b | $1.1b | $1.2b | |
| Other assets (including $2,585 and $7,501 of trading securities at fair value pledged as collateral, respectively) | $31.7b | $34.9b | $33.6b | $36.2b | $39.1b | $38.2b | $52.8b | $57.7b | $60.7b | $70.9b | |
| Additional Financial Items | |||||||||||
| Cash and due from banks | $15.7b | $19.5b | $21.5b | $22.4b | $62.6b | $28.9b | $53.5b | $61.2b | $56.5b | $46.9b | |
| Held-to-maturity (fair value $67,079 and $66,275, respectively) | $43.0b | $44.4b | $46.0b | — | — | $41.9b | $88.7b | $84.0b | $78.6b | $76.2b | |
| Available-for-sale ($294 and $320 pledged as collateral, respectively) | $66.3b | $68.1b | $66.1b | $122.6b | $136.8b | $133.0b | $72.9b | $69.7b | $86.0b | $90.8b | |
| Loans held for sale (including $2,353 and $2,251 of mortgage loans carried at fair value, respectively) | $4.8b | $3.6b | $2.1b | $5.6b | $8.8b | $7.8b | $2.2b | $2.2b | $2.6b | $2.5b | |
| Less allowance for loan losses | ($3.8b) | ($3.9b) | ($4.0b) | ($4.0b) | ($7.3b) | ($5.7b) | ($6.9b) | ($7.4b) | ($7.6b) | ($7.6b) | |
| Net loans | $269.4b | $276.5b | $282.8b | $292.1b | $290.4b | $306.3b | $381.3b | $366.5b | $372.2b | $383.7b | |
| Premises and equipment | $2.4b | $2.4b | $2.5b | $3.7b | $3.5b | $3.3b | $3.9b | $3.6b | $3.6b | $3.8b | |
| Noninterest-bearing | $86.1b | $87.6b | $81.8b | $75.6b | $118.1b | $134.9b | $137.7b | $90.0b | $84.2b | $84.1b | |
| Interest-bearing (including $718 and $5,754 of time deposits carried at fair value, respectively) | $248.5b | $259.7b | $263.7b | $286.3b | $311.7b | $321.2b | $387.2b | $422.3b | $434.2b | $438.1b | |
| Short-term borrowings | $14.0b | $16.7b | $14.1b | $23.7b | $11.8b | $11.8b | $31.2b | $15.3b | $15.5b | $17.2b | |
| Other liabilities | $16.2b | $16.2b | $14.8b | $17.1b | $17.3b | $17.9b | $27.6b | $28.6b | $27.4b | $26.6b | |
| Capital surplus | $8.4b | $8.5b | $8.5b | $8.5b | $8.5b | $8.5b | $8.7b | $8.7b | $8.7b | $8.7b | |
| Less cost of common stock in treasury: 2025 — 570,328,105 shares; 2024 — 565,929,654 shares | ($15.3b) | ($17.6b) | ($20.2b) | ($24.4b) | ($25.9b) | ($27.3b) | ($25.3b) | ($24.1b) | ($24.1b) | ($24.3b) | |
| Total loans | $273.2b | $280.4b | $286.8b | $296.1b | $297.7b | $312.0b | $388.2b | $373.8b | $379.8b | $391.3b | |
| Total deposits | $334.6b | $347.2b | $345.5b | $361.9b | $429.8b | $456.1b | $525.0b | $512.3b | $518.3b | $522.2b | |
| Total U.S. Bancorp shareholders’ equity | $47.3b | $49.0b | $51.0b | $51.9b | $53.1b | $54.9b | $50.8b | $55.3b | $58.6b | $65.2b | |
| Total equity | $47.9b | $49.7b | $51.7b | $52.5b | $53.7b | $55.4b | $51.2b | $55.8b | $59.0b | $65.7b | |
| Assets | $446.0b | $462.0b | $467.4b | $495.4b | $553.9b | $573.3b | $674.8b | $663.5b | $678.3b | $692.3b | |
| Total assets | $446.0b | $462.0b | $467.4b | $495.4b | $553.9b | $573.3b | $674.8b | $663.5b | $678.3b | $692.3b | |
| LIABILITIES AND EQUITY | |||||||||||
| Long-term Debt | $33.3b | $32.3b | $41.3b | $40.2b | $41.3b | $32.1b | $39.8b | — | — | — | |
| Long-term debt (including $1,414 and $391 of long-term debt carried at fair value, respectively) | $33.3b | $32.3b | $41.3b | $40.2b | $41.3b | $32.1b | $39.8b | $51.5b | $58.0b | $60.8b | |
| Deferred Tax Liabilities, Net | $479.0m | — | — | — | — | — | — | — | — | — | |
| Liabilities | $398.0b | $412.4b | $415.7b | $442.9b | $500.2b | $517.9b | $623.6b | $607.7b | $619.3b | $626.7b | |
| Total liabilities | $398.0b | $412.4b | $415.7b | $442.9b | $500.2b | $517.9b | $623.6b | $607.7b | $619.3b | $626.7b | |
| Stockholders’ equity: | |||||||||||
| Common Stock, Value, Issued | $21.0m | $21.0m | $21.0m | $21.0m | $21.0m | $21.0m | $21.0m | $21.0m | $21.0m | $21.0m | |
| Retained Earnings (Accumulated Deficit) | $50.2b | $54.1b | $59.1b | $63.2b | $64.2b | $69.2b | $71.9b | $74.0b | $76.9b | $80.9b | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($1.5b) | ($1.4b) | ($2.3b) | ($1.4b) | $322.0m | ($1.9b) | ($11.4b) | ($10.1b) | ($9.8b) | ($7.0b) | |
| Additional Paid in Capital, Common Stock | $8.4b | $8.5b | $8.5b | $8.5b | $8.5b | $8.5b | $8.7b | $8.7b | $8.7b | $8.7b | |
| Preferred stock | $5.5b | $5.4b | $6.0b | $6.0b | $6.0b | $6.4b | $6.8b | $6.8b | $6.8b | $6.8b | |
| Accumulated other comprehensive income (loss) | ($1.5b) | ($1.4b) | ($2.3b) | ($1.4b) | $322.0m | ($1.9b) | ($11.4b) | ($10.1b) | ($9.8b) | ($7.0b) | |
| Stockholders' Equity Attributable to Parent | $47.3b | $49.0b | $51.0b | $51.9b | $53.1b | $54.9b | $50.8b | $55.3b | $58.6b | $65.2b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $635.0m | $626.0m | $628.0m | $630.0m | $630.0m | $469.0m | $466.0m | $465.0m | $462.0m | $458.0m | |
| Noncontrolling interests | $635.0m | $626.0m | $628.0m | $630.0m | $630.0m | $469.0m | $466.0m | $465.0m | $462.0m | $458.0m | |
| Liabilities and Equity | $446.0b | $462.0b | $467.4b | $495.4b | $553.9b | $573.3b | $674.8b | $663.5b | $678.3b | $692.3b | |
| Total liabilities and equity | $446.0b | $462.0b | $467.4b | $495.4b | $553.9b | $573.3b | $674.8b | $663.5b | $678.3b | $692.3b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.