Company: USB-PA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000036104-25-000055
Chunk: 46

Company: US BANCORP \DE\
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 7
Chunk 46
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Income (loss) before income taxes1,464 1,577 (7.2)612 658 (7.0)434 386 12.4 Income taxes and taxable-equivalent adjustment366 394 (7.1)153 165 (7.3)109 97 12.4 Net income (loss)1,098 1,183 (7.2)459 493 (6.9)325 289 12.5 Net (income) loss attributable to noncontrolling interests— — —— — —— — — Net income (loss) attributable to U.S. Bancorp$1,098 $1,183 (7.2)$459 $493 (6.9)$325 $289 12.5 Average Balance SheetLoans$181,077 $173,807 4.2$149,661 $154,931 (3.4)$42,229 $40,832 3.4 Goodwill4,826 4,824 —4,326 4,326 —3,425 3,327 2.9 Other intangible assets817 1,007 (18.9)4,277 4,734 (9.7)258 281 (8.2)Assets211,954 203,313 4.3165,175 168,705 (2.1)47,840 46,096 3.8 Noninterest-bearing deposits54,422 57,362 (5.1)19,610 20,845 (5.9)2,512 2,706 (7.2)Interest-bearing deposits210,094 218,233 (3.7)200,903 201,012 (.1)95 96 (1.0)Total deposits264,516 275,595 (4.0)220,513 221,857 (.6)2,607 2,802 (7.0)Total U.S. Bancorp shareholders’ equity21,817 21,487 1.513,562 14,558 (6.8)10,235 9,941 3.0 Treasury andCorporate SupportConsolidatedCompanyThree Months Ended June 30(Dollars in Millions)202