U.S. Bancorp Past Earnings Performance
Past criteria checks 1/6
U.S. Bancorp's earnings have been declining at an average annual rate of -4%, while the Banks industry saw earnings growing at 22.2% annually. Revenues have been growing at an average rate of 4.9% per year. U.S. Bancorp's return on equity is 9.3%, and it has net margins of 20.5%.
Key information
-4.0%
Earnings growth rate
-3.7%
EPS growth rate
| Banks Industry Growth | 22.8% |
| Revenue growth rate | 4.9% |
| Return on equity | 9.3% |
| Net Margin | 20.5% |
| Next Earnings Update | 16 Jan 2025 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How U.S. Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 24,897 | 5,094 | 15,033 | 0 |
| 30 Jun 24 | 25,106 | 4,905 | 15,002 | 0 |
| 31 Mar 24 | 25,156 | 4,668 | 15,031 | 0 |
| 31 Dec 23 | 25,738 | 5,051 | 15,017 | 0 |
| 30 Sep 23 | 24,663 | 5,138 | 14,683 | 0 |
| 30 Jun 23 | 24,112 | 5,444 | 14,157 | 0 |
| 31 Mar 23 | 23,464 | 5,627 | 13,557 | 0 |
| 31 Dec 22 | 22,207 | 5,501 | 12,964 | 0 |
| 30 Sep 22 | 22,672 | 6,230 | 12,719 | 0 |
| 30 Jun 22 | 22,747 | 6,446 | 12,600 | 0 |
| 31 Mar 22 | 22,982 | 6,896 | 12,471 | 0 |
| 31 Dec 21 | 23,894 | 7,605 | 12,362 | 0 |
| 30 Sep 21 | 23,391 | 7,448 | 12,017 | 0 |
| 30 Jun 21 | 22,641 | 7,008 | 11,796 | 0 |
| 31 Mar 21 | 20,765 | 5,708 | 11,602 | 0 |
| 31 Dec 20 | 19,242 | 4,621 | 11,360 | 0 |
| 30 Sep 20 | 19,167 | 4,604 | 11,298 | 0 |
| 30 Jun 20 | 19,394 | 4,931 | 11,194 | 0 |
| 31 Mar 20 | 20,732 | 6,058 | 11,099 | 0 |
| 31 Dec 19 | 21,140 | 6,583 | 10,999 | 0 |
| 30 Sep 19 | 21,313 | 6,952 | 10,907 | 0 |
| 30 Jun 19 | 21,087 | 6,863 | 10,761 | 0 |
| 31 Mar 19 | 20,915 | 6,800 | 10,663 | 0 |
| 31 Dec 18 | 20,813 | 6,784 | 10,594 | 0 |
| 30 Sep 18 | 20,540 | 6,618 | 10,599 | 0 |
| 30 Jun 18 | 20,334 | 6,371 | 10,444 | 0 |
| 31 Mar 18 | 20,091 | 6,123 | 10,276 | 0 |
| 31 Dec 17 | 19,883 | 5,913 | 10,086 | 0 |
| 30 Sep 17 | 19,725 | 5,693 | 9,798 | 0 |
| 30 Jun 17 | 19,576 | 5,642 | 9,738 | 0 |
| 31 Mar 17 | 19,602 | 5,647 | 9,661 | 0 |
| 31 Dec 16 | 19,211 | 5,589 | 9,333 | 0 |
| 30 Sep 16 | 19,145 | 5,602 | 9,336 | 0 |
| 30 Jun 16 | 18,950 | 5,590 | 9,199 | 0 |
| 31 Mar 16 | 18,586 | 5,572 | 9,036 | 0 |
| 31 Dec 15 | 18,524 | 5,608 | 8,938 | 0 |
| 30 Sep 15 | 18,474 | 5,624 | 8,893 | 0 |
| 30 Jun 15 | 18,260 | 5,607 | 8,730 | 0 |
| 31 Mar 15 | 18,351 | 5,617 | 8,617 | 0 |
| 31 Dec 14 | 18,197 | 5,583 | 8,538 | 0 |
| 30 Sep 14 | 17,895 | 5,552 | 8,456 | 0 |
| 30 Jun 14 | 17,776 | 5,547 | 8,420 | 0 |
| 31 Mar 14 | 17,472 | 5,525 | 8,398 | 0 |
| 31 Dec 13 | 17,401 | 5,552 | 8,356 | 0 |
Quality Earnings: USB has high quality earnings.
Growing Profit Margin: USB's current net profit margins (20.5%) are lower than last year (20.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: USB's earnings have declined by 4% per year over the past 5 years.
Accelerating Growth: USB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: USB had negative earnings growth (-0.9%) over the past year, making it difficult to compare to the Banks industry average (7.9%).
Return on Equity
High ROE: USB's Return on Equity (9.3%) is considered low.