U.S. Bancorp (USB) Stock Buyback History
TTM buyback yield 0.59% · Shareholder yield (TTM) 0.59%.

U.S. Bancorp
USB
TTM buyback yield
0.59%
Shareholder yield (TTM)
0.59%
5Y share count change
3.0%
TTM buyback spend
$489.00M
SBC coverage (TTM)
N/A
Diluted vs basic shares (annual)
Weighted average shares from the income statement: diluted (EPS denominator and typical buyback-yield basis) compared with basic.
Shares outstanding (annual)
Year-over-year change in diluted weighted average shares (industry-standard for EPS and per-share capital return). Green is fewer shares vs the prior fiscal year; red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield
Buybacks vs stock-based compensation
TTM coverage: N/A (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $489.00M | $0.00 | $489.00M | 1.56B | -0.3% | 0.59% |
| 2024 | $173.00M | $0.00 | $173.00M | 1.56B | 1.2% | 0.23% |
| 2023 | $62.00M | $0.00 | $62.00M | 1.54B | 3.6% | 0.09% |
| 2022 | $1.17B | $0.00 | $1.17B | 1.49B | 0.0% | 1.79% |
| 2021 | $2.81B | $0.00 | $2.81B | 1.49B | -1.3% | 3.37% |
| 2020 | $1.67B | $0.00 | $1.67B | 1.51B | -4.6% | 2.38% |
| 2019 | $4.53B | $0.00 | $4.53B | 1.58B | -3.4% | 4.90% |
| 2018 | $2.82B | $0.00 | $2.82B | 1.64B | -2.7% | 3.82% |
| 2017 | $3.72B | $0.00 | $3.72B | 1.68B | -2.4% | 4.18% |
| 2016 | $2.56B | $0.00 | $2.56B | 1.72B | -2.7% | 2.93% |
| 2015 | $2.19B | $0.00 | $2.19B | 1.77B | -2.3% | 2.94% |
| 2014 | $2.20B | $0.00 | $2.20B | 1.81B | -1.9% | 2.74% |
| 2013 | $2.78B | $0.00 | $2.78B | 1.85B | -2.5% | 3.78% |
| 2012 | $1.86B | $0.00 | $1.86B | 1.90B | -1.4% | 3.10% |
| 2011 | $514.00M | $0.00 | $514.00M | 1.92B | 0.1% | 1.00% |
| 2010 | $0.00 | $0.00 | $0.00 | 1.92B | 3.3% | — |
| 2009 | $0.00 | $0.00 | $0.00 | 1.86B | 5.8% | — |
| 2008 | $0.00 | $0.00 | $0.00 | 1.76B | -0.1% | — |
| 2007 | $1.98B | $0.00 | $1.98B | 1.76B | -2.5% | 3.61% |
| 2006 | $2.80B | $0.00 | $2.80B | 1.80B | -2.9% | 4.41% |
| 2005 | $1.85B | $0.00 | $1.85B | 1.86B | -2.9% | 3.45% |
| 2004 | $2.66B | $0.00 | $2.66B | 1.91B | -1.2% | 4.59% |
| 2003 | $0.00 | $0.00 | $0.00 | 1.94B | 0.6% | — |
| 2002 | $0.00 | $0.00 | $0.00 | 1.92B | -0.8% | — |
| 2001 | $0.00 | $0.00 | $0.00 | 1.94B | 1.1% | — |
| 2000 | $0.00 | $0.00 | $0.00 | 1.92B | -12.6% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 2.19B | 11.3% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 1.97B | 187.8% | — |
| 1997 | $0.00 | $0.00 | $0.00 | 0.68B | -31.3% | — |
| 1996 | $0.00 | $0.00 | $0.00 | 1.00B | — | — |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1993 | $187.10M | $0.00 | $187.10M | — | — | — |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)10% of headroom
Headroom $4.80B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does U.S. Bancorp buy back its own stock?
- Yes, U.S. Bancorp (USB) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does U.S. Bancorp spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $489.00M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is U.S. Bancorp's buyback yield?
- TTM buyback yield is about 0.59% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is U.S. Bancorp's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 0.59% combined (TTM-based where available).
Is U.S. Bancorp diluting shareholders?
- Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has U.S. Bancorp's share count changed?
- Diluted weighted average shares changed by about 3.0% over roughly five fiscal years (annual income statement data).