Business Segments US Bancorp

Equities

Market Closed - Nyse Other stock markets 16:00:02 2025-07-08 EDT			After hours 17:31:41
47.66 ^USD	-0.25%		47.80	+0.29%

06:25am	Autonomous Research Adjusts Price Target on U.S. Bancorp to $51 From $44, Maintains Neutral Rating	MT
06:24am	Deutsche Bank Adjusts Price Target on U.S. Bancorp to $52.50 From $46, Maintains Hold Rating	MT

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Breakdown by Business Segment (USD)

Fiscal Period: December	2020	2021	2022	2023	2024
Diversified Commercial Banks
Wealth, Corporate, Commercial and Institutional Banking	-	-	-	9.94B	11.81B
Total Assets	-	-	-	203B	201B
Income Tax Expense	-	-	-	1.19B	1.59B
EBT	-	-	-	4.76B	6.36B
Net Income	-	-	-	3.56B	4.77B
Consumer and Business Banking	9.3B	8.72B	8.23B	9.91B	9.08B
Total Assets	171B	162B	161B	179B	169B
Income Tax Expense	929M	755M	602M	738M	629M
EBT	3.71B	3.02B	2.41B	2.95B	2.51B
Net Income	2.78B	2.26B	1.81B	2.21B	1.88B
Payment Services	4.97B	5.66B	5.32B	5.36B	5.42B
Total Assets	36.5B	36.55B	41.11B	44.29B	47.17B
Income Tax Expense	423M	575M	442M	398M	340M
EBT	1.69B	2.3B	1.77B	1.59B	1.36B
Net Income	1.27B	1.72B	1.32B	1.19B	1.02B
Wealth Management and Investment Services	2.84B	3.18B	4.17B	-	-
Total Assets	14.45B	21.24B	26.04B	-	-
Income Tax Expense	238M	280M	438M	-	-
EBT	952M	1.12B	1.75B	-	-
Net Income	714M	837M	1.31B	-	-
Corporate and Commercial Banking	3.76B	3.85B	4.33B	-	-
Total Assets	121B	115B	143B	-	-
Income Tax Expense	521M	542M	614M	-	-
EBT	2.08B	2.17B	2.46B	-	-
Net Income	1.56B	1.63B	1.84B	-	-
Unallocated Taxable-Equivalent Adjustment	-99M	-106M	-118M	-131M	-120M
Income Tax Expense	-99M	-106M	-118M	-131M	-120M
EBT	-99M	-106M	-118M	-131M	-120M
Investment Funds
Treasury and Corporate Support	-1.35B	2.6B	281M	653M	-1.09B
Total Assets	189B	222B	221B	237B	247B
Income Tax Expense	-946M	135M	-515M	-788M	-859M
EBT	-2.29B	1.67B	-961M	-2.3B	-2.2B
Net Income	-1.37B	1.52B	-459M	-1.54B	-1.37B

Geographical breakdown of sales (USD)

Fiscal Period: December	2020	2021	2022	2023	2024
United States	19.24B	23.76B	22.14B	25.74B	25.1B
Total Assets	554B	573B	675B	663B	678B
Interest Expense	-2.02B	-993M	-3.22B	-12.61B	-15.38B
Income Tax Expense	1.07B	2.18B	1.46B	1.41B	1.58B
D&A	527M	497M	560M	1.02B	939M
Net Income	4.96B	7.96B	5.82B	5.43B	6.3B
EBT	6.05B	10.17B	7.3B	6.86B	7.91B