The company said U.S. Bancorp net income attributable to U.S. Bancorp for Q3 2026 was $2,202 million, up 10.0% from a year earlier, and diluted earnings per share was $1.34. Total net revenue was $7,970 million.

1. 01

   The company said U.S. Bancorp net income attributable to U.S. Bancorp for Q3 2026 was $2,202 million, up 10.0% from a year earlier, and diluted earnings per share was $1.34. Total net revenue was $7,970 million.

2. 02

   The company said net interest income on a taxable-equivalent basis for Q3 was $4,490 million, up 5.6% from the year-earlier quarter, and net interest margin was 2.84%, up from 2.75%. The company cited loan growth, the small business credit card portfolio purchase and benefits from fixed asset repricing as factors in the increase in net interest income.

3. 03

   U.S. Bancorp said noninterest income for Q3 was $3,480 million, up 13.1% from a year earlier, and capital markets revenue rose 69.3% to $640 million. The company cited the contribution from BTIG as a factor in the increase in capital markets revenue.

4. 04

   The company said its provision for credit losses for Q3 was $654 million, including an initial provision of $135 million related to the purchase of a small business credit card portfolio. The net charge-off ratio was 0.51%, lower than 0.56% a year earlier.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

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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