U.S. Bancorp (USB) Revenue & Revenue Breakdown

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U.S. Bancorp Revenue Highlights

Latest Revenue (Y)

$28.01B

Latest Revenue (Q)

$10.53B

Main Segment (Y)

Wealth Management And Investment Services

U.S. Bancorp Revenue by Period

U.S. Bancorp Revenue by Year

Date	Revenue	Change
2023-12-31	$28.01B	15.83%
2022-12-31	$24.18B	6.44%
2021-12-31	$22.72B	-2.17%
2020-12-31	$23.23B	1.50%
2019-12-31	$22.88B	1.61%
2018-12-31	$22.52B	3.06%
2017-12-31	$21.85B	3.54%
2016-12-31	$21.11B	5.04%
2015-12-31	$20.09B	0.77%
2014-12-31	$19.94B	2.90%
2013-12-31	$19.38B	-3.42%
2012-12-31	$20.06B	6.25%
2011-12-31	$18.88B	5.26%
2010-12-31	$17.94B	8.92%
2009-12-31	$16.47B	13.25%
2008-12-31	$14.54B	4.92%
2007-12-31	$13.86B	2.02%
2006-12-31	$13.59B	3.72%
2005-12-31	$13.10B	3.72%
2004-12-31	$12.63B	1.03%
2003-12-31	$12.50B	-1.62%
2002-12-31	$12.71B	7.99%
2001-12-31	$11.77B	74.87%
2000-12-31	$6.73B	66.34%
1999-12-31	$4.05B	78.00%
1998-12-31	$2.27B	241.02%
1997-12-31	$666.50M	13.22%
1996-12-31	$588.70M	14.02%
1995-12-31	$516.30M	11.49%
1994-12-31	$463.10M	-72.80%
1993-12-31	$1.70B	-

U.S. Bancorp generated $28.01B in revenue during NA 2023, up 15.83% compared to the previous quarter, and up 124.39% compared to the same period a year ago.

U.S. Bancorp Revenue by Quarter

Date	Revenue	Change
2025-06-30	$10.53B	1.70%
2025-03-31	$10.35B	-2.93%
2024-12-31	$10.66B	-1.11%
2024-09-30	$10.78B	-0.15%
2024-06-30	$10.80B	3.21%
2024-03-31	$10.46B	0.78%
2023-12-31	$10.38B	-1.28%
2023-09-30	$10.52B	2.59%
2023-06-30	$10.25B	8.25%
2023-03-31	$9.47B	18.14%
2022-12-31	$8.02B	11.39%
2022-09-30	$7.20B	12.93%
2022-06-30	$6.37B	9.61%
2022-03-31	$5.81B	-1.27%
2021-12-31	$5.89B	-3.49%
2021-09-30	$6.10B	1.68%
2021-06-30	$6.00B	4.88%
2021-03-31	$5.72B	-5.09%
2020-12-31	$6.03B	-4.07%
2020-09-30	$6.29B	-0.02%
2020-06-30	$6.29B	-5.35%
2020-03-31	$6.64B	-0.75%
2019-12-31	$6.69B	-5.11%
2019-09-30	$7.05B	1.58%
2019-06-30	$6.94B	4.50%
2019-03-31	$6.64B	2.67%
2018-12-31	$6.47B	-1.10%
2018-09-30	$6.54B	2.81%
2018-06-30	$6.36B	4.93%
2018-03-31	$6.06B	8.56%
2017-12-31	$5.58B	0.50%
2017-09-30	$5.56B	2.23%
2017-06-30	$5.44B	3.07%
2017-03-31	$5.27B	-2.08%
2016-12-31	$5.39B	0.90%
2016-09-30	$5.34B	-1.09%
2016-06-30	$5.40B	8.29%
2016-03-31	$4.98B	-3.39%
2015-12-31	$5.16B	1.28%
2015-09-30	$5.09B	2.13%
2015-06-30	$4.99B	2.80%
2015-03-31	$4.85B	-5.12%
2014-12-31	$5.11B	3.65%
2014-09-30	$4.93B	-3.88%
2014-06-30	$5.13B	7.88%
2014-03-31	$4.76B	-1.55%
2013-12-31	$4.83B	-0.04%
2013-09-30	$4.83B	-1.17%
2013-06-30	$4.89B	1.54%
2013-03-31	$4.82B	-3.49%
2012-12-31	$4.99B	-2.82%
2012-09-30	$5.14B	2.47%
2012-06-30	$5.01B	2.68%
2012-03-31	$4.88B	3.02%
2011-12-31	$4.74B	0.04%
2011-09-30	$4.74B	2.22%
2011-06-30	$4.63B	3.81%
2011-03-31	$4.46B	-4.37%
2010-12-31	$4.67B	2.96%
2010-09-30	$4.53B	11.02%
2010-06-30	$4.08B	3.63%
2010-03-31	$3.94B	-25.06%
2009-12-31	$5.26B	36.17%
2009-09-30	$3.86B	1.71%
2009-06-30	$3.80B	6.90%
2009-03-31	$3.55B	-0.89%
2008-12-31	$3.58B	7.14%
2008-09-30	$3.35B	-11.20%
2008-06-30	$3.77B	-2.08%
2008-03-31	$3.85B	9.35%
2007-12-31	$3.52B	-

U.S. Bancorp generated $10.53B in revenue during Q2 2025, up 1.70% compared to the previous quarter, and up 100.61% compared to the same period a year ago.

U.S. Bancorp Revenue Breakdown

U.S. Bancorp Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Treasury and Corporate Support	$-1.03B	$1.12B	$892.00M	$1.08B	$838.00M
Payment Services	$9.20B	$8.80B	-	-	-
Wealth Management And Investment Services	$12.19B	$10.27B	$4.18B	$3.22B	$2.87B
Consumer And Small Business Banking	$9.26B	$9.99B	-	-	-
Consumer And Business Banking	-	$9.99B	$8.46B	$8.58B	$9.62B
Payments Services	-	-	$6.30B	$6.01B	$5.65B
Corporate And Commercial Banking	-	-	$4.48B	$3.94B	$4.34B
Consolidated Company	-	-	$24.30B	$22.83B	$23.32B

U.S. Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 24: Wealth Management And Investment Services (41.16%), Consumer And Small Business Banking (31.27%), Payment Services (31.05%), and Treasury and Corporate Support (-3.48%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
Wealth Management And Investment Services	$3.00B	$2.91B	$9.81B	$2.38B	$5.37B	$1.21B	$1.19B	$1.17B	$1.13B	$1.00B	$870.00M	$864.00M	$783.00M	$714.00M	$696.00M	$695.00M	$709.00M	$719.00M	$747.00M	-
Payment Services	$2.40B	$2.30B	$7.00B	$2.20B	$3.79B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consumer And Small Business Banking	$2.25B	$2.17B	$6.83B	$2.44B	$2.18B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Treasury and Corporate Support	-	$104.00M	-	$185.00M	$220.00M	$323.00M	$281.00M	$297.00M	$-45.00M	$323.00M	$327.00M	$288.00M	$263.00M	$309.00M	$326.00M	$194.00M	$215.00M	$192.00M	$222.00M	$210.00M
Consumer And Business Banking	-	-	-	-	$2.18B	$2.48B	$2.62B	$2.71B	$2.43B	$2.06B	$2.01B	$1.98B	$2.06B	$2.27B	$2.30B	$2.24B	$2.42B	$2.49B	$2.41B	$2.30B
Payments Services	-	-	-	-	-	$1.73B	$1.70B	$1.59B	$1.58B	$1.62B	$1.61B	$1.48B	$1.52B	$1.56B	$1.51B	$1.41B	$1.45B	$1.50B	$1.26B	$1.45B
Consolidated Company	-	-	-	-	-	-	$7.17B	$7.17B	$6.37B	$6.33B	$6.01B	$5.60B	$5.68B	$5.89B	$5.78B	$5.47B	$5.75B	$5.96B	$5.84B	$5.77B
Corporate And Commercial Banking	-	-	-	-	-	-	$1.37B	$1.39B	$1.23B	$1.19B	$1.06B	$980.00M	$977.00M	$970.00M	$938.00M	$925.00M	$969.00M	$1.07B	$1.23B	$1.07B

U.S. Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Wealth Management And Investment Services (39.22%), Payment Services (31.38%), and Consumer And Small Business Banking (29.40%).

U.S. Bancorp Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
WFC	Wells Fargo	$77.96B	$30.43B
MS	Morgan Stanley	$61.50B	$29.35B
AXP	American Express	$50.41B	$18.93B
USB	U.S. Bancorp	$28.01B	$10.53B
TFC	Truist Financial	$24.25B	$7.55B
PNC	PNC Financial Services Group	$20.77B	$8.38B
BK	Bank of New York Mellon	$18.26B	$10.36B
KEY	KeyCorp	$8.43B	$2.80B
ZION	Zions Bancorporation, National Association	$4.29B	$1.24B
WAL	Western Alliance Ban	-	$1.30B

USB Revenue FAQ

What is U.S. Bancorp’s yearly revenue?

U.S. Bancorp's yearly revenue for 2023 was $28.01B, representing an increase of 15.83% compared to 2022. The company's yearly revenue for 2022 was $24.18B, representing an increase of 6.44% compared to 2021. USB's yearly revenue for 2021 was $22.72B, representing a decrease of -2.17% compared to 2020.

What is U.S. Bancorp’s quarterly revenue?

U.S. Bancorp's quarterly revenue for Q2 2025 was $10.53B, a 1.70% increase from the previous quarter (Q1 2025), and a -2.52% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $10.35B, a -2.93% decrease from the previous quarter (Q4 2024), and a -1.07% decrease year-over-year (Q1 2024). USB's quarterly revenue for Q4 2024 was $10.66B, a -1.11% decrease from the previous quarter (Q3 2024), and a 2.71% increase year-over-year (Q4 2023).

What is U.S. Bancorp’s revenue growth rate?

U.S. Bancorp's revenue growth rate for the last 3 years (2021-2023) was 23.29%, and for the last 5 years (2019-2023) was 22.42%.

What are U.S. Bancorp’s revenue streams?

U.S. Bancorp's revenue streams in c 24 are Treasury and Corporate Support, Payment Services, Wealth Management And Investment Services, and Consumer And Small Business Banking. Treasury and Corporate Support generated $-1.031B in revenue, accounting -3.48% of the company's total revenue, down -191.97% year-over-year. Payment Services generated $9.2B in revenue, accounting 31.05% of the company's total revenue, up 4.55% year-over-year. Wealth Management And Investment Services generated $12.19B in revenue, accounting 41.16% of the company's total revenue, up 18.70% year-over-year. Consumer And Small Business Banking generated $9.26B in revenue, accounting 31.27% of the company's total revenue, down -7.30% year-over-year.

What is U.S. Bancorp’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of U.S. Bancorp was Wealth Management And Investment Services. This segment made a revenue of $12.19B, representing 41.16% of the company's total revenue.