Us Bancorp \De\ (USB) Net Margin (2009 - 2026)
Us Bancorp (USB) reported Net Margin of 26.36% for Q3 2026, up 0.43 percentage points from 25.93% a year earlier but down 0.94 percentage points from the prior quarter.
Us Bancorp \De\ (USB) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Us Bancorp's Net Margin came in at 26.46%, up 2.30 percentage points year-over-year; for FY2025, it came in at 25.21%, up 3.59 percentage points from FY2024.
- Net Margin has a five-year change of +5.31 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 21.62% in FY2024 (+3.59 pp), 18.03% in FY2023 (-4.72 pp), 22.75% in FY2022 (-10.72 pp) and 33.47% in FY2021 (+13.58 pp).
- Five-year quarterly Net Margin spans a low of 0.28% in Q4 2021 and a high of 27.30% in Q2 2026.
- Year over year, Net Margin has now increased in each of the last ten quarters, with an average year-over-year change of +3.84 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q4 2022 (a gain of 13.19 percentage points); the low point was Q1 2022 (a drop of 13.57 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 27.30% (Q2 2026), 25.36% (Q1 2026) and 26.78% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 29.77% |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | 21.83% |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | 38.08% |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | 23.36% |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | 32.48% |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 27.42% |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | 30.67% |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | 26.08% |
| 10 | Us Bancorp \De\ | 95.04 Bn | 95.50 Bn | - | 26.36% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.36% |
| Jun 30, 2026 | 27.30% |
| Mar 31, 2026 | 25.36% |
| Dec 31, 2025 | 26.78% |
| Sep 30, 2025 | 25.93% |
| Jun 30, 2025 | 24.85% |
| Mar 31, 2025 | 23.14% |
| Dec 31, 2024 | 22.65% |
| Sep 30, 2024 | 23.43% |
| Jun 30, 2024 | 22.20% |
| Mar 31, 2024 | 18.09% |
| Dec 31, 2023 | 11.38% |
| Sep 30, 2023 | 20.17% |
| Jun 30, 2023 | 17.94% |
| Mar 31, 2023 | 22.29% |
| Dec 31, 2022 | 13.46% |
| Sep 30, 2022 | 27.16% |
| Jun 30, 2022 | 24.35% |
| Mar 31, 2022 | 26.20% |
| Dec 31, 2021 | 0.28% |
Us Bancorp \De\ Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=USB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "USB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=USB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();