U.S. Bancorp Beats Second-Quarter Earnings Estimates as Revenue Hits $7.7 Billion
U.S. Bancorp reported second-quarter earnings per share of $1.35, beating analyst estimates of $1.28, as record net revenue of $7.712 billion surpassed forecasts. Diluted profit rose 20% to $2.177 billion, driven by a 10.1% increase in net interest income and a 13.2% jump in fee revenue.
The results followed strong loan growth and a third consecutive quarter of record consumer deposits, which helped the bank maintain a 10.8% common equity tier 1 capital ratio. The lender also finalized its acquisition of private bank BTIG earlier in the quarter and kept its quarterly dividend at $0.52 per share.
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@alphasenseinc$USB Earnings: - Record net revenue of $7,712 million, including year-over-year increases of 7.5% in net interest income (taxable-equivalent basis) and 13.2% in fee revenue - Net income of $2,177 million, an increase of 20% year-over-year
@wallstengineU.S. BANCORP $USB Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $7.712B (Est. $7.62B) 🟢; UP +10.1% YoY 🔹 EPS: $1.35 (Est. $1.28) 🟢; UP +22% YoY 🔹 Capital Markets Revenue: $512M; UP +62.5% YoY Segment Net Income: 🔹 Wealth, Corporate, Commercial and
@firstsquawkUS Bancorp Q2 2026 Earnings Revenue $7.712B (estimate $7.583B) CET1 Capital Ratio 10.8% Net Income $2.177B