U.S. Bancorp Q2 FY26: where the revenue came from and where it went
The whole income statement of U.S. Bancorp for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- Aug 6, 2026
Revenue$7.71B
+10% year over year
Operating profit$2.72B
35% margin
Net profit$2.18B
28% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Segment revenue | 7.95 | 103% | |
| Wealth, corporate | 3.48 | 45% | +16% |
| Consumer & business | 2.33 | 30% | +3% |
| Payment services | 1.72 | 22% | −7% |
| Other revenue | 0.42 | 6% | |
| Eliminations | −0.24 | −3% | |
| Net revenue | 7.71 | 100% | +10% |
| Operating expenses | −4.99 | 65% | |
| Compensation | −2.69 | 35% | −2pp |
| Occupancy | −0.30 | 4% | +0pp |
| Professional services | −0.11 | 1% | +0pp |
| Technology | −0.60 | 8% | +0pp |
| Marketing | −0.22 | 3% | +1pp |
| Credit provisions | −0.54 | 7% | +0pp |
| Other | −0.54 | 7% | +0pp |
| Operating profit | 2.72 | 35% margin | +3pp |
| Tax | −0.54 | ||
| Net profit | 2.18 | 28% margin | +2pp |
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