US Bancorp

Latest Results (26.10.2025):

US Bancorp delivered robust financial performance in the third quarter of 2025, achieving record net revenue and significant growth in net income and earnings per share. The bank's strategic focus on growth, efficient expense management, and strong asset quality contributed to its outstanding results.

Record Net Revenue

In the third quarter of 2025, US Bancorp reported a record net revenue of $7.329 billion, marking a 4.6% increase compared to the previous quarter and a 6.8% rise year-over-year. This growth was driven by a 4.2% increase in net interest income and a substantial 14.1% increase in noninterest income.

Increased Net Income

Net income attributable to US Bancorp rose by 16.7% year-over-year to $2.001 billion in Q3 2025, up from $1.714 billion in Q3 2024. Diluted earnings per common share also saw an 18.4% increase, reaching $1.22 compared to $1.03 in the same quarter last year.

Strong Efficiency and Profitability

US Bancorp achieved an improved efficiency ratio of 57.2% in Q3 2025, down from 60.2% in Q3 2024, reflecting better cost management. The return on average assets increased to 1.17%, and return on average common equity rose to 13.5%, demonstrating enhanced profitability.

Solid Asset Quality and Capital Levels

The bank maintained strong asset quality with a net charge-off ratio of 0.56%, an improvement from 0.60% in Q3 2024. Additionally, US Bancorp's CET1 capital ratio strengthened to 10.9%, up from 10.5% the previous year, underscoring its solid capital position.

Strategic Business Developments

US Bancorp was selected to provide custody services for Anchorage Digital Bank's stablecoins and launched embedded accounts payable and payroll tools. These initiatives enhance the bank's digital offerings and support its commitment to innovation and comprehensive business solutions.