USB news

John Stern, Vice Chair and CFO, and Stephen Philipson, Vice Chair of Wealth and Banking, will host the event on November 6, 2026, and present forward-looking financial information.

U.S. Bancorp is selling 1,000,000 depositary shares representing preferred stock at $990 each, priced below par value.

U.S. Bancorp delivered record net revenue of $8.0 billion, benefiting from strong operating leverage and a 10% year-over-year increase in diluted earnings per share. The bank also maintained a robust Common Equity Tier 1 capital ratio of 10.8% despite growth in total deposits and loans.

U.S. Bancorp increased its quarterly dividend to $0.54 and confirmed its stress capital buffer remains unchanged. Stronger-than-expected capital ratios demonstrate the bank's resilience and support ongoing share repurchase authority.