Company: USB-PA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000036104-25-000064
Chunk: 48

Company: US BANCORP \DE\
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 7
Chunk 48
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 1,251 1,239 1.03,257 3,144 3.6Total net revenue8,983 9,066 (.9)6,710 6,951 (3.5)5,510 5,246 5.0Noninterest expense4,015 4,096 (2.0)4,734 4,902 (3.4)3,036 2,956 2.7Income (loss) before provision and income taxes4,968 4,970 — 1,976 2,049 (3.6)2,474 2,290 8.0Provision for credit losses390 335 16.4 162 102 58.81,109 1,151 (3.6)Income (loss) before income taxes4,578 4,635 (1.2)1,814 1,947 (6.8)1,365 1,139 19.8Income taxes and taxable-equivalent adjustment1,145 1,159 (1.2)454 487 (6.8)342 285 20.0Net income (loss)3,433 3,476 (1.2)1,360 1,460 (6.8)1,023 854 19.8Net (income) loss attributable to noncontrolling interests— — — — — —— — —Net income (loss) attributable to U.S. Bancorp$3,433 $3,476 (1.2)$1,360 $1,460 (6.8)$1,023 $854 19.8Average Balance SheetLoans$181,266 $172,285 5.2 $149,731 $155,037 (3.4)$42,267 $40,766 3.7Goodwill4,825 4,825 — 4,326 4,326 —3,433 3,343 2.7Other intangible assets817 1,007 (18.9)4,288 4,611 (7.0)256 282 (9.2)Assets211,262 200,950 5.1 163,382 168,917 (3.3