U.S. Bancorp reported net income attributable to U.S. Bancorp of $2.0 billion, or $1.22 per diluted common share, for Q3 2025, compared with $1.7 billion, or $1.03 per diluted common share, for Q3 2024.

1. 01

   U.S. Bancorp reported net income attributable to U.S. Bancorp of $2.0 billion, or $1.22 per diluted common share, for Q3 2025, compared with $1.7 billion, or $1.03 per diluted common share, for Q3 2024.

2. 02

   The company said total net revenue for Q3 2025 was $465 million (6.8%) higher than Q3 2024, reflecting a 2.1% increase in net interest income and a 14.1% increase in noninterest income. Noninterest expense was $7 million (0.2%) lower.

3. 03

   The company said the provision for credit losses for Q3 2025 was $571 million, an increase of $14 million (2.5%) from Q3 2024. It cited loan portfolio growth as the reason for the increase, and net charge-offs decreased $28 million (5.0%).

4. 04

   U.S. Bancorp said its loan portfolio was $382.5 billion as of September 30, 2025, an increase of $2.7 billion (0.7%) from $379.8 billion at December 31, 2024. Total deposits increased $526.1 billion (1.5%) to $7.8 billion.

Key figures

Quarter ended September 30, 2025

Revenue

$7.3B

Net income

$2.0B

EPS

$1.22

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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