Us Bancorp \De\ Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 5.56B4.36B2.34B1.88B1.34B1.23B1.13B1.32B1.39B1.38B1.50B3.81B-1.17B1.98B2.27B2.24B
Revenue 16.47B17.94B18.88B20.06B19.38B19.94B20.09B2.30B5.00B5.56B7.45B1.78B7.16B24.30B28.14B27.45B
Interest income
Interest income - Loans 9.56B10.14B10.37B10.56B10.28B10.11B10.06B10.78B11.79B13.12B14.10B12.02B10.75B13.60B22.32B23.01B
Interest income - Investments 0.36B0.42B0.45B0.44B0.50B0.44B0.38B0.39B0.39B
Interest Income - Debt Securities 1.75B1.91B1.91B1.96B1.70B1.98B2.00B2.08B2.53B2.62B2.89B2.43B2.37B3.38B4.49B5.11B
Other interest income 0.09B0.17B0.25B0.25B0.17B0.12B0.14B0.12B0.18B0.27B0.34B0.18B0.14B0.76B3.05B3.37B
Interest Income - Total 11.54B12.16B12.64B12.88B12.29B12.23B12.40B13.13B14.35B16.17B17.49B14.84B13.49B17.95B30.01B31.67B
Interest expenses
Interest Expense - Deposits 1.20B0.93B0.84B0.69B0.56B0.47B0.46B0.62B1.04B1.87B2.85B0.95B0.32B1.87B8.78B11.69B
Interest Expense - Debt 1.28B1.10B1.15B1.00B0.77B0.72B0.70B0.75B0.78B1.01B1.23B0.92B0.60B0.78B1.97B2.58B
Interest Expenses 3.02B2.58B2.52B2.14B1.68B1.45B1.40B1.47B0.19B3.25B4.44B2.02B0.99B3.22B12.61B15.38B
Interest Income - Net 8.52B9.58B10.12B10.74B10.60B10.78B11.00B11.67B12.38B12.92B13.05B12.82B12.49B14.73B17.40B16.29B
Non-interest income
Interest Income - Total 2.96B5.22B7.78B8.86B9.26B9.55B9.87B10.34B10.99B11.54B11.55B9.02B13.67B12.75B15.12B14.05B
Financial Services Fees 0.55B1.25B1.35B1.40B1.46B1.51B1.55B0.58B0.62B0.59B0.58B0.57B0.61B
Service Charges 0.97B0.71B0.66B0.65B0.67B0.69B0.70B0.72B0.75B1.25B1.34B1.30B1.31B1.25B
Investment Gain (Loss) -0.45B-0.08B-0.03B-0.01B0.06B0.03B0.07B0.18B0.10B0.02B-0.14B-0.15B
Investment Banking Income 0.71B0.57B0.55B
Income - Trust 1.17B1.08B1.00B1.05B1.14B1.25B1.32B1.43B1.52B1.62B1.67B1.74B1.83B2.21B2.46B2.66B
Asset Management 0.13B0.15B0.18B0.19B0.18B0.16B0.16B
Mortgage Banking 1.03B1.00B0.99B1.94B1.36B1.01B0.91B0.98B0.83B0.72B0.87B2.06B1.36B0.53B0.54B0.63B
Card Income 1.05B1.09B1.07B0.89B0.96B1.02B1.07B1.18B1.25B
Other Non-Interest Income 0.67B4.50B3.23B2.53B1.93B1.68B1.52B1.61B1.75B1.76B1.87B2.18B0.72B0.46B0.76B0.64B
Non-Interest Income 7.95B8.36B8.76B9.32B8.77B9.16B9.09B9.29B9.32B9.60B9.83B10.40B10.23B9.46B10.62B11.05B
Operating Items
Amortization - Intangibles 0.39B0.37B0.30B0.28B0.26B0.23B0.22B0.20B0.19B
Research & Development 0.67B0.74B0.76B0.82B0.85B0.86B0.89B0.95B0.98B
Wages, Salaries and Other 0.57B0.31B4.04B4.32B4.37B4.52B1.17B1.12B1.19B
Rent Expense 0.84B0.92B1.00B0.92B0.95B0.99B0.99B0.99B1.02B
Other Operating Expenses 6.77B7.72B8.15B8.72B8.48B8.87B9.05B9.58B10.79B12.46B12.79B13.37B13.73B14.91B18.87B17.19B
Operating Expenses 8.28B9.38B9.91B10.46B10.27B10.71B10.93B11.53B12.79B12.46B12.79B13.37B13.73B14.91B18.87B17.19B
Operating Income 1.47B2.32B2.70B2.72B2.80B2.81B2.84B2.63B1.82B
EBIT 5.65B1.47B2.32B2.70B2.72B2.80B2.81B2.84B2.63B1.82B13.04B8.07B11.16B10.52B19.48B23.29B
Non-operating items
Interest & Investment Income 0.00B0.00B
Other Non Operating Income 0.03B0.21B0.05B
Net income details
EBT 2.63B4.20B6.63B7.73B7.76B8.00B8.03B8.11B7.52B8.68B8.59B6.05B10.17B7.30B6.87B7.91B
Tax Provisions 0.40B0.94B1.84B2.24B2.03B2.09B2.10B2.16B1.26B1.55B1.65B1.07B2.18B1.46B1.41B1.58B
Profit After Tax 2.24B3.32B4.87B5.65B5.84B5.91B5.93B5.89B6.22B7.10B6.91B4.96B7.96B5.83B5.43B6.30B
Equity Income 3.94B1.56B2.05B0.07B3.67B1.25B1.35B1.20B1.99B
Income from Non-Controlling Interests 0.03B-0.05B-0.08B-0.16B-0.10B0.06B0.05B0.06B0.04B0.03B
Income from Continuing Operations 2.24B3.27B4.79B5.49B5.73B5.91B5.93B5.94B6.25B7.12B6.95B4.99B7.99B5.84B5.46B6.33B
Consolidated Net Income 2.24B3.27B4.79B5.49B5.73B5.91B5.93B5.94B6.25B7.12B6.95B4.99B7.99B5.84B5.46B6.33B
Income towards Parent Company 2.24B3.27B4.79B5.49B5.73B5.91B5.93B5.94B6.25B7.12B6.95B4.99B7.99B5.84B5.46B6.33B
Net Income towards Common Stockholders 1.80B3.33B4.72B5.49B5.73B5.91B5.93B5.94B6.25B7.12B6.95B4.99B7.99B5.84B5.46B6.33B
Additional items
EPS (Basic) 0.971.742.472.853.023.103.183.253.534.414.453.315.393.933.514.06
EPS (Weighted Average and Diluted) 0.971.732.462.843.003.083.163.243.514.354.393.305.363.923.544.05
Shares Outstanding (Weighted Average) 1.92B1.91B1.88B1.83B1.79B1.75B1.70B1.66B1.62B1.56B1.51B1.48B1.49B1.56B1.56B
Shares Outstanding (Diluted Average) 1.72B1.68B1.64B1.58B1.51B1.49B1.49B1.54B1.56B
Tax Rate 15.01%22.26%27.77%28.94%26.17%26.10%26.11%26.66%16.82%17.91%19.18%17.62%21.45%20.04%20.50%19.98%