U.S. Bancorp's trailing twelve-month revenue stood at $29.69 billion as of 30 June 2026, reflecting year-over-year growth of approximately 10.1% [Brief - 2026-08-15]. A new SEC filing dated 7 August 2026 triggered an initial report on these figures, with no additional briefing disclosures noted beyond that filing [Brief - 2026-08-15].
As of 30 June 2026, U.S. Bancorp reported trailing twelve-month net income of $8.17 billion, producing a net margin of approximately 27.5%. EPS grew 21.6% year-over-year. The company carried $66.49 billion in cash against total debt of $80.41 billion. Market capitalisation stood at approximately $99.86 billion, with the shares trading at a price-to-earnings ratio of 12.46 [SEC 10-Q - USB - 2026-06-30].
Insider activity in September 2026 recorded two transactions, both disposals, with a combined net value of approximately -$1.70 million [SEC Form 4 - USB - 2026-09]. On the institutional side, four notable firms opened new positions during the most recent reporting period: Citadel, AQR Capital, Millennium, and Bridgewater each initiated new holdings in USB [SEC 13F - Citadel - Q2 2026] [SEC 13F - AQR Capital - Q2 2026] [SEC 13F - Millennium - Q2 2026] [SEC 13F - Bridgewater - Q2 2026]. These simultaneous new positions across multiple large institutional managers constitute the material ownership changes that triggered this report.
The prevailing interest rate environment shows the 10-year U.S. Treasury yield at 4.83% and the 2-year yield at 4.39%, producing a normal yield curve with a spread of 44 basis points [FRED DGS10] [FRED DGS2]. For a bank holding company such as U.S. Bancorp, net interest margin dynamics are directly linked to the shape and level of the yield curve, which remained in a normal configuration as of the report generation date.