---
schema_version: "secwatch.filing_event.v1"
accession: "0000036104-26-000039"
form_type: "8-K"
ticker: "USB"
cik: "0000036104"
company_name: "US BANCORP DE"
filed_at: "2026-07-16T10:59:35+00:00"
generated_at: "2026-07-16T11:05:13.278985+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# U.S. Bancorp Q2 2026: record revenue $7.7B, EPS $1.35 (+22% YoY), NIM expands 13bps

## Summary
- Record net revenue of $7,712M; net income $2,177M; diluted EPS $1.35, up 22% YoY.
- Net interest margin 2.79% (+13bps YoY); efficiency ratio 57.1% improved from 59.2% YoY.
- Average loans +7.1% YoY to $405.5B; average deposits +2.4% YoY to $515.1B.
- Completed BTIG acquisition; contributed ~$98M fee revenue and $84M noninterest expense.
- CET1 ratio 10.8%; net charge-off ratio 0.53% vs 0.59% a year ago.

## SEC filing metadata
- accession: 0000036104-26-000039
- form_type: 8-K
- ticker: USB
- cik: 0000036104
- company_name: US BANCORP DE
- filed_at: 2026-07-16T10:59:35+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36104/000003610426000039/0000036104-26-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36104/000003610426000039/usb-20260716.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000036104-26-000039
- JSON: https://secwatch.observer/filing/0000036104-26-000039.json
- Plain text: https://secwatch.observer/filing/0000036104-26-000039.txt

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