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Net Income for U.S. Bancorp (USB)

Latest filings through · Reported

Metric

TTM

$7.81B

YoY change

+20.3%

5Y CAGR

+8.8%

Peak year (2021)

$7.96B

Net Income history chart for U.S. Bancorp (USB) from 1985 to 2025

Latest: $7.58B

Net Income growth chart for U.S. Bancorp (USB) from 1985 to 2025

Latest: +20.3%

Net Income history table for U.S. Bancorp (USB) from 1985 to 2025

  • 2025$7.58B+20.3%
  • 2024$6.30B+16.0%
  • 2023$5.43B-6.8%
  • 2022$5.83B-26.8%
  • 2021$7.96B+60.6%
  • 2020$4.96B-28.3%
  • 2019$6.91B-2.6%
  • 2018$7.10B+14.1%
  • 2017$6.22B+5.6%
  • 2016$5.89B+0.2%
  • 2015$5.88B+0.5%
  • 2014$5.85B+0.3%
  • 2013$5.84B+3.3%
  • 2012$5.65B+15.9%
  • 2011$4.87B+46.9%
  • 2010$3.32B+50.4%
  • 2009$2.21B-25.2%
  • 2008$2.95B-31.9%
  • 2007$4.32B-9.0%
  • 2006$4.75B+5.8%
  • 2005$4.49B+7.7%
  • 2004$4.17B+11.6%
  • 2003$3.73B+17.8%
  • 2002$3.17B+114.2%
  • 2001$1.48B-48.6%
  • 2000$2.88B+90.9%
  • 1999$1.51B+13.5%
  • 1998$1.33B+74.5%
  • 1997$760.70M+83.1%
  • 1996$415.40M+204.1%
  • 1995$136.60M+17.2%
  • 1994$116.60M-60.9%
  • 1993$298.00M-4.4%
  • 1992$311.80M+373.9%
  • 1991$65.80M+1.4%
  • 1990$64.90M+11.9%
  • 1989$58.00M+4.7%
  • 1988$55.40M+33.5%
  • 1987$41.50M+3.5%
  • 1986$40.10M+17.6%
  • 1985$34.10M—

Net Income values are taken from U.S. Bancorp's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Net Income at U.S. Bancorp (USB)

According to U.S. Bancorp's latest reported financial statements, the company's current net income (TTM) is $7.81B. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

2025's annual net income for U.S. Bancorp (USB) came in at $7.58B – grew 20.3% year-over-year.

Across 2020–2025 (5 years), U.S. Bancorp net income produced a CAGR of +8.8% – sustaining 2 straight years of year-over-year growth.

Between 2021 and 2025, U.S. Bancorp net income edged down 4.9%, falling from $7.96B to $7.58B.

2021 marks the peak net income at $7.96B, with the historical low of $34.10M recorded in 1985.

U.S. Bancorp Net Income by Year

U.S. Bancorp Net Income 2025: $7.58B

2025's net income for U.S. Bancorp came in at $7.58B, grew 20.3% from 2024.

U.S. Bancorp Net Income 2024: $6.30B

U.S. Bancorp posted net income of $6.30B in 2024, grew 16.0% from 2023.

U.S. Bancorp Net Income 2023: $5.43B

In 2023, U.S. Bancorp reported net income of $5.43B, declined 6.8% below 2022.

U.S. Bancorp Net Income 2022: $5.83B

U.S. Bancorp net income in 2022 was $5.83B, declined 26.8% below 2021.

U.S. Bancorp Net Income 2021: $7.96B

U.S. Bancorp net income in 2021 was $7.96B.

See more financial history for U.S. Bancorp (USB).

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