---
schema_version: "secwatch.filing_event.v1"
accession: "0000036104-26-000005"
form_type: "8-K"
ticker: "USB"
cik: "0000036104"
company_name: "US BANCORP DE"
filed_at: "2026-01-20T23:59:59+00:00"
generated_at: "2026-05-16T09:39:49.365124+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# U.S. Bancorp Q4 2025 record net revenue $7.365B, net income $2.045B up 23% YoY, EPS $1.26

## Summary
- Record net revenue of $7,365M in Q4 2025; net income $2,045M up 23.0% YoY.
- Diluted EPS $1.26, up 18% YoY as adjusted; full year 2025 diluted EPS $4.62.
- Net interest margin 2.77%, up 6 bps YoY; efficiency ratio 57.4% improved from 61.5%.
- CET1 capital ratio 10.8% at Dec 31, 2025; return on tangible common equity 18.4%.
- Positive operating leverage of 440 bps as adjusted; record full year net revenue $28,656M.

## SEC filing metadata
- accession: 0000036104-26-000005
- form_type: 8-K
- ticker: USB
- cik: 0000036104
- company_name: US BANCORP DE
- filed_at: 2026-01-20T23:59:59+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/36104/000003610426000005/0000036104-26-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36104/000003610426000005/usb-20260120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000036104-26-000005
- JSON: https://secwatch.observer/filing/0000036104-26-000005.json
- Plain text: https://secwatch.observer/filing/0000036104-26-000005.txt

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