v3.26.1
Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 66,491 $ 46,890
Investment securities    
Held-to-maturity (fair value $64,622 and $67,079, respectively) 74,085 76,170
Available-for-sale ($265 and $294 pledged as collateral, respectively) [1] 89,085 90,838
Loans held for sale (including $2,645 and $2,353 of mortgage loans carried at fair value, respectively) 3,038 2,538
Loans    
Total loans 410,300 391,335
Less allowance for loan losses (7,645) (7,605)
Net loans 402,655 383,730
Premises and equipment 3,847 3,768
Goodwill 13,234 12,635
Other intangible assets 4,999 4,904
Other assets (including $2,714 and $2,585 of trading securities at fair value pledged as collateral, respectively) [1] 68,484 70,872
Total assets 725,918 692,345
Deposits    
Noninterest-bearing 85,791 84,116
Interest-bearing (including $13 and $718 of time deposits carried at fair value, respectively) 446,275 438,100
Total deposits 532,066 522,216
Short-term borrowings 37,337 17,162
Long-term debt (including $1,904 and $1,414 of long-term debt carried at fair value, respectively) 58,671 60,764
Other liabilities 29,949 26,552
Total liabilities 658,023 626,694
Shareholders’ equity    
Preferred stock 6,808 6,808
Common stock, $.01 par value per share, authorized: 4,000,000,000 shares; issued: 6/30/26 and 12/31/25—2,125,725,742 shares 21 21
Capital surplus 8,773 8,728
Retained earnings 83,241 80,906
Less cost of common stock in treasury: 6/30/26—567,916,191 shares; 12/31/25—570,328,105 shares (24,300) (24,283)
Accumulated other comprehensive income (loss) (7,111) (6,987)
Total U.S. Bancorp shareholders’ equity 67,432 65,193
Noncontrolling interests 463 458
Total equity 67,895 65,651
Total liabilities and equity 725,918 692,345
Commercial | Commercial    
Loans    
Total loans 159,655 148,161
Commercial | Commercial real estate    
Loans    
Total loans 52,348 48,920
Consumer | Residential mortgages    
Loans    
Total loans 117,311 115,885
Consumer | Credit card    
Loans    
Total loans 39,079 38,031
Consumer | Other retail    
Loans    
Total loans $ 41,907 $ 40,338
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.