FINHUB Insights

USB · Q1 FY25 · Jan 1 – Mar 31, 2025

U.S. Bancorp Q1 FY25: where the revenue came from and where it went

U.S. Bancorp Q1 FY25: revenue $7.0B (+4% year over year). Net profit $1.7B. Largest cohort Wealth corporate commercial $2.9B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
May 6, 2025 10-Q
Sankey diagram of U.S. Bancorp's income statement for Q1 FY25: revenue of $6.96 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$6.96B +4% year over year
Operating profit$2.16B 31% margin
Net profit$1.71B 25% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear over year
Revenue 6.96 100% +4%
Wealth corporate commercial 2.91 42% −4%
Consumer & business 2.17 31% −6%
Payment services 1.78 26% +6%
Treasury 0.10 1%
Compensation−2.6438%−2pp
Occupancy−0.314%+0pp
Professional services−0.101%+0pp
Technology−0.538%+0pp
Marketing−0.183%+1pp
Credit provisions−0.548%−1pp
Other−0.517%+0pp
Operating profit2.1631% margin+6pp
Tax−0.45
Net profit1.7125%+5pp
Filing on EDGAR More quarters of USB

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.