Company: USB-PA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000036104-25-000055
Chunk: 236

Company: US BANCORP \DE\
Filing Date: 2025-08-07
Form: 10-Q
Chunk 236
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 professional services, marketing and business development, technology and communications, and other.

| 74 |     | U.S. Bancorp |

Business segment results for the six months ended June 30 were as follows:

| (Dollars in Millions)                                      
 Condensed Income Statement                                 |     | Wealth, Corporate, Commercial and Institutional Banking |         | 2025 |   |         | 2024 | Consumer and Business Banking |         | 2025 |   |         | 2024 | Payment Services |        | 2025 |   |        | 2024 | Treasury and Corporate Support |         | 2025 |   |         | 2024 | Consolidated Company |         | 2025 |   |         | 2024 |
|:-----------------------------------------------------------|:----|:--------------------------------------------------------|--------:|:-----|:--|--------:|:-----|:------------------------------|--------:|:-----|:--|--------:|:-----|:-----------------|-------:|:-----|:--|-------:|:-----|:-------------------------------|--------:|:-----|:--|--------:|:-----|:---------------------|--------:|:-----|:--|--------:|:-----|
| Net interest income (taxable-equivalent basis)(a)          |     | $                                                       |   3,581 |      | $ |   3,851 |      | $                             |   3,611 |      | $ |   3,783 |      | $                |  1,472 |      | $ |  1,375 |      | $                              |    -462 |      | $ |    -942 |      | $                    |   8,202 |      | $ |   8,067 |      |
| Noninterest income(b)(c)                                   |     |                                                         |   2,366 |      |   |   2,242 |      |                               |     813 |      |   |     838 |      |                  |  2,151 |      |   |  2,071 |      |                                |     430 |      |   |     364 |      |                      |   5,760 |      |   |   5,515 |      |
| Total net revenue(d)                                       |     |                                                         |   5,947 |      |   |   6,093 |      |                               |