---
schema_version: "secwatch.filing_event.v1"
accession: "0000036104-25-000060"
form_type: "8-K"
ticker: "USB"
cik: "0000036104"
company_name: "US BANCORP DE"
filed_at: "2025-10-16T23:59:59+00:00"
generated_at: "2026-05-17T03:37:40.759784+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# U.S. Bancorp Q3 net income $2,001M, EPS $1.22, up 18.4% YoY; record revenue

## Summary
- Record net revenue of $7,329M; net income $2,001M (+16.7% YoY); diluted EPS $1.22 vs $1.03.
- Return on tangible common equity 18.6% vs 17.9% a year ago; efficiency ratio 57.2% improved 300 bps YoY.
- Net interest margin 2.75%, up 9 bps linked quarter; average loans +1.4% YoY; CET1 ratio 10.9%.
- Dividend declared $0.52 per common share, up from $0.50 in prior quarter.
- Fee revenue grew 9.5% YoY; trust and investment mgmt fees $730M (+9.4% YoY).

## SEC filing metadata
- accession: 0000036104-25-000060
- form_type: 8-K
- ticker: USB
- cik: 0000036104
- company_name: US BANCORP DE
- filed_at: 2025-10-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36104/000003610425000060/0000036104-25-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36104/000003610425000060/usb-20251016.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000036104-25-000060
- JSON: https://secwatch.observer/filing/0000036104-25-000060.json
- Plain text: https://secwatch.observer/filing/0000036104-25-000060.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.