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 -3.9%, while the Banks industry saw earnings growing at 23.4% annually. Revenues have been growing at an average rate of 4.5% per year. U.S. Bancorp's return on equity is 9.1%, and it has net margins of 18.6%.

Key information

-3.9%

Earnings growth rate

-2.7%

EPS growth rate

Banks Industry Growth	21.2%
Revenue growth rate	4.5%
Return on equity	9.1%
Net Margin	18.6%
Next Earnings Update	17 Jul 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How U.S. Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

LSE:0LHY Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	25,156	4,668	15,031
31 Dec 23	25,738	5,051	15,017
30 Sep 23	24,598	5,138	14,683
30 Jun 23	24,047	5,444	14,157
31 Mar 23	23,399	5,627	13,557
31 Dec 22	22,207	5,501	12,964
30 Sep 22	22,672	6,230	12,719
30 Jun 22	22,747	6,446	12,600
31 Mar 22	22,982	6,896	12,471
31 Dec 21	23,894	7,605	12,362
30 Sep 21	23,391	7,448	12,017
30 Jun 21	22,641	7,008	11,796
31 Mar 21	20,765	5,708	11,602
31 Dec 20	19,242	4,621	11,360
30 Sep 20	19,167	4,604	11,298
30 Jun 20	19,394	4,931	11,194
31 Mar 20	20,732	6,058	11,099
31 Dec 19	21,140	6,583	10,999
30 Sep 19	21,313	6,952	10,907
30 Jun 19	21,087	6,863	10,761
31 Mar 19	20,915	6,800	10,663
31 Dec 18	20,813	6,784	10,594
30 Sep 18	20,540	6,618	10,599
30 Jun 18	20,334	6,371	10,444
31 Mar 18	20,091	6,123	10,276
31 Dec 17	19,883	5,913	10,086
30 Sep 17	19,725	5,693	9,798
30 Jun 17	19,576	5,642	9,738
31 Mar 17	19,602	5,647	9,661
31 Dec 16	19,211	5,589	9,333
30 Sep 16	19,145	5,602	9,336
30 Jun 16	18,950	5,590	9,199
31 Mar 16	18,586	5,572	9,036
31 Dec 15	18,524	5,608	8,938
30 Sep 15	18,474	5,624	8,893
30 Jun 15	18,260	5,607	8,730
31 Mar 15	18,351	5,617	8,617
31 Dec 14	18,197	5,583	8,538
30 Sep 14	17,895	5,552	8,456
30 Jun 14	17,776	5,547	8,420
31 Mar 14	17,472	5,525	8,398
31 Dec 13	17,401	5,552	8,356
30 Sep 13	17,158	5,512	8,337
30 Jun 13	17,415	5,516	8,349

Quality Earnings: 0LHY has high quality earnings.

Growing Profit Margin: 0LHY's current net profit margins (18.6%) are lower than last year (24%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 0LHY's earnings have declined by 3.9% per year over the past 5 years.

Accelerating Growth: 0LHY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 0LHY had negative earnings growth (-17%) over the past year, making it difficult to compare to the Banks industry average (21.8%).

Return on Equity

High ROE: 0LHY's Return on Equity (9.1%) is considered low.

Return on Assets

Return on Capital Employed

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U.S. Bancorp Past Earnings Performance

Past criteria checks 1/6

Key information

Recent past performance updates

First quarter 2024 earnings released: EPS: US$0.85 (vs US$1.04 in 1Q 2023)

U.S. Bancorp to Report Q1, 2024 Results on Apr 17, 2024

Full year 2023 earnings released: EPS: US$3.27 (vs US$3.69 in FY 2022)

Full year 2023 earnings released: EPS: US$3.52 (vs US$3.69 in FY 2022)

Third quarter 2023 earnings released: EPS: US$0.91 (vs US$1.16 in 3Q 2022)

U.S. Bancorp to Report Q3, 2023 Results on Oct 18, 2023

Recent updates

First quarter 2024 earnings released: EPS: US$0.85 (vs US$1.04 in 1Q 2023)

U.S. Bancorp to Report Q1, 2024 Results on Apr 17, 2024

Upcoming dividend of US$0.49 per share

Fourth quarter dividend of US$0.49 announced

U.S. Bancorp Declares Regular Quarterly Dividend, Payable on April 15, 2024

U.S. Bancorp Appoints Bill Mulvihill as Head for Loan Capital Markets

U.S. Bancorp, Annual General Meeting, Apr 16, 2024

Full year 2023 earnings released: EPS: US$3.27 (vs US$3.69 in FY 2022)

Full year 2023 earnings released: EPS: US$3.52 (vs US$3.69 in FY 2022)

Upcoming dividend of US$0.49 per share at 4.6% yield

Key Executive recently sold US$1.0m worth of stock

U.S. Bancorp Declares Regular Quarterly Dividend, Payable on January 16, 2024

Third quarter 2023 earnings released: EPS: US$0.91 (vs US$1.16 in 3Q 2022)

U.S. Bancorp Provides Earnings Guidance for the Fourth Quarter 2023

U.S. Bank Names Ariel Meyerstein as Head of ESG Program Office

U.S. Bancorp to Report Q3, 2023 Results on Oct 18, 2023

Upcoming dividend of US$0.48 per share at 5.6% yield

U.S. Bank Appoints Kai Sakstrup as Chief Product Officer for Its Wealth, Corporate, Commercial and Institutional Banking Division, Effective October 1, 2023

U.S. Bancorp Appoints Joe Persichetti as Head of Healthcare Business Banking

U.S. Bancorp Announces Quarterly Dividend, Payable on October 16, 2023

U.S. Bancorp Appoints Shruti Patel as Chief Product Officer

U.S. Bancorp Announces Chief Financial Officer Changes, Effective September 1, 2023

Vice Chair & CFO recently sold US$1.0m worth of stock

U.S. Bancorp announced that it expects to receive $936 million in funding from Mitsubishi UFJ Financial Group, Inc.

U.S. Bancorp announced that it expects to receive $936 million in funding from Mitsubishi UFJ Financial Group, Inc.

U.S. Bancorp Announces Total Net Charge-Offs for the Quarter Ended June 30, 2023

Second quarter 2023 earnings released: EPS: US$0.89 (vs US$0.98 in 2Q 2022)

U.S. Bancorp Names Evamarie Schoenborn as CEO of Wealth Management Units

U.S. Bancorp to Report Q2, 2023 Results on Jul 19, 2023

U.S. Bank Unveils Travelbank-Powered Commercial Rewards Card

Upcoming dividend of US$0.48 per share at 5.7% yield

U.S. Bancorp Declares Regular Quarterly Dividend on Common Share, Payable July 17, 2023

Independent Director recently bought US$607k worth of stock

U.S. Bank Names Beth Ann Bovino as Chief Economist

U.S. Bank Names Beth Ann Bovino as Chief Economist

Independent Director recently bought US$1m worth of stock

Insider recently bought US$341k worth of stock

First quarter 2023 earnings released: EPS: US$1.04 (vs US$0.99 in 1Q 2022)

Upcoming dividend of US$0.48 per share at 5.5% yield

Investor sentiment deteriorates as stock falls 21%

Full year 2022 earnings released: EPS: US$3.69 (vs US$5.11 in FY 2021)

U.S. Bank Launches Business Altitude Connect World Elite Mastercard

HomeStreet Bank acquired Three Legacy MUFG Union Bank Branches in San Bernardino County, California from MUFG Union Bank, National Association and U.S. Bancorp (NYSE:USB).

Full year 2022 earnings released: EPS: US$3.69 (vs US$5.11 in FY 2021)

Alan B. Colberg Joins U.S. Bancorp Board of Directors

U.S. Bank Appoints Guillaume Mascotto as Head of Sustainable Finance

U.S. Bancorp to Report Q4, 2022 Results on Jan 25, 2023

Upcoming dividend of US$0.48 per share

U.S. Bank Appoints Sekou Kaalund as New Head of Branch Banking

U.S. Bancorp Announces Quarterly Dividend, Payable on January 17, 2023

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
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