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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 48,420 $ 46,890
Investment securities    
Held-to-maturity (fair value $66,122 and $67,079, respectively) 75,442 76,170
Available-for-sale ($316 and $294 pledged as collateral, respectively) [1] 93,464 90,838
Loans held for sale (including $2,497 and $2,353 of mortgage loans carried at fair value, respectively) 2,928 2,538
Loans    
Total loans 399,796 391,335
Less allowance for loan losses (7,646) (7,605)
Net loans 392,150 383,730
Premises and equipment 3,819 3,768
Goodwill 12,625 12,635
Other intangible assets 4,799 4,904
Other assets (including $2,648 and $2,585 of trading securities at fair value pledged as collateral, respectively) [1] 67,351 70,872
Total assets 700,998 692,345
Deposits    
Noninterest-bearing 85,300 84,116
Interest-bearing (including $13 and $718 of time deposits carried at fair value, respectively) 442,878 438,100
Total deposits 528,178 522,216
Short-term borrowings 17,859 17,162
Long-term debt (including $1,629 and $1,414 of long-term debt carried at fair value, respectively) 61,361 60,764
Other liabilities 27,353 26,552
Total liabilities 634,751 626,694
Shareholders’ equity    
Preferred stock 6,808 6,808
Common stock, $.01 par value per share, authorized: 4,000,000,000 shares; issued: 3/31/26 and 12/31/25—2,125,725,742 shares 21 21
Capital surplus 8,623 8,728
Retained earnings 81,944 80,906
Less cost of common stock in treasury: 3/31/26—571,140,185 shares; 12/31/25—570,328,105 shares (24,387) (24,283)
Accumulated other comprehensive income (loss) (7,223) (6,987)
Total U.S. Bancorp shareholders’ equity 65,786 65,193
Noncontrolling interests 461 458
Total equity 66,247 65,651
Total liabilities and equity 700,998 692,345
Commercial | Commercial    
Loans    
Total loans 154,095 148,161
Commercial | Commercial real estate    
Loans    
Total loans 49,971 48,920
Consumer | Residential mortgages    
Loans    
Total loans 117,285 115,885
Consumer | Credit card    
Loans    
Total loans 37,654 38,031
Consumer | Other retail    
Loans    
Total loans $ 40,791 $ 40,338
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.