Us Bancorp De Income Statement Quarterly
USB
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Period: |
Fiscal Year: |
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INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Interest and Fee Income, Loans and Leases |
5,742.00 |
5,700.00 |
5,605.00 |
5,277.00 |
4,418.00 |
Interest and Dividend Income, Securities, Operating |
1,182.00 |
1,152.00 |
1,077.00 |
1,074.00 |
988.00 |
Other Interest and Dividend Income |
803.00 |
860.00 |
806.00 |
582.00 |
416.00 |
Other Income |
36.00 |
42.00 |
38.00 |
31.00 |
152.00 |
Total Interest Income |
7,763.00 |
7,754.00 |
7,526.00 |
6,964.00 |
5,974.00 |
Interest Expense, Deposits |
2,751.00 |
2,580.00 |
1,939.00 |
1,505.00 |
1,081.00 |
Interest Expense, Short-term Borrowings |
332.00 |
450.00 |
740.00 |
449.00 |
18.00 |
0 |
569.00 |
488.00 |
432.00 |
376.00 |
582.00 |
Total Interest Expense |
3,652.00 |
3,518.00 |
3,111.00 |
2,330.00 |
1,681.00 |
Net Interest Income |
4,111.00 |
4,236.00 |
4,415.00 |
4,634.00 |
4,293.00 |
Provision
for loan losses |
512.00 |
515.00 |
821.00 |
427.00 |
1,192.00 |
Total Net Interest Income |
3,599.00 |
3,721.00 |
3,594.00 |
4,207.00 |
3,101.00 |
Fees and Commissions, Mortgage Banking and Servicing |
137.00 |
144.00 |
131.00 |
128.00 |
104.00 |
Trading & Investing |
- |
- |
- |
- |
- |
Other income |
228.00 |
198.00 |
173.00 |
159.00 |
-197.00 |
Credit And Debit Card Revenue |
- |
- |
- |
- |
- |
Corporate Payment Products Revenue |
182.00 |
198.00 |
190.00 |
189.00 |
178.00 |
Merchant Processing Services |
- |
- |
- |
- |
- |
Automated Teller Machine Servicing Fees Net |
- |
- |
- |
- |
- |
Trust And Investment Management Fees |
- |
- |
- |
- |
- |
Treasury Management Fees |
- |
- |
- |
- |
-476.00 |
Commercial Products Revenue |
326.00 |
354.00 |
358.00 |
334.00 |
264.00 |
Deposit Service Charges |
- |
- |
- |
- |
- |
Other Non-Interest Income |
1,747.00 |
1,870.00 |
1,874.00 |
1,697.00 |
2,170.00 |
Total Noninterest Income |
2,620.00 |
2,764.00 |
2,726.00 |
2,507.00 |
2,043.00 |
Total Revenues |
6,219.00 |
6,485.00 |
6,320.00 |
6,714.00 |
5,144.00 |
Salaries & employee benefits, SGA |
306.00 |
176.00 |
122.00 |
122.00 |
6,485.00 |
Depriciation & Amortization |
156.00 |
161.00 |
159.00 |
160.00 |
85.00 |
Equipment expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
316.00 |
313.00 |
316.00 |
321.00 |
-409.00 |
Professional Fees |
158.00 |
127.00 |
141.00 |
134.00 |
173.00 |
Communications expense |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
- |
- |
- |
- |
-213.00 |
Other intangible assets |
- |
- |
- |
- |
- |
Other Noninterest Expense |
1,090.00 |
343.00 |
353.00 |
425.00 |
400.00 |
|
171.00 |
284.00 |
310.00 |
244.00 |
90.00 |
Total noninterest revenues |
3,022.00 |
3,126.00 |
3,168.00 |
3,149.00 |
-2,738.00 |
Total Operating
Expenses |
5,219.00 |
4,530.00 |
4,569.00 |
4,555.00 |
4,043.00 |
Total Costs & Expenses |
8,871.00 |
8,048.00 |
7,680.00 |
6,885.00 |
5,724.00 |
Income /-loss before income taxes |
1,000.00 |
1,955.00 |
1,751.00 |
2,159.00 |
1,101.00 |
Income taxes expenses/-benefit |
139.00 |
431.00 |
382.00 |
455.00 |
171.00 |
Income after income taxes |
861.00 |
1,524.00 |
1,369.00 |
1,704.00 |
930.00 |
Net income/-loss
of other equity |
- |
- |
- |
- |
- |
Income /-loss after income taxes |
861.00 |
1,524.00 |
1,369.00 |
1,704.00 |
930.00 |
Stockholders Equity Attributable to Noncontrolling Interest |
-14.00 |
-1.00 |
-8.00 |
-6.00 |
-5.00 |
Accounting Change |
- |
- |
- |
- |
- |
Net Income/-loss |
861.00 |
1,524.00 |
1,369.00 |
1,704.00 |
930.00 |
Noncontrolling interests |
-14.00 |
-1.00 |
-8.00 |
-6.00 |
-5.00 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
766.00 |
1,412.00 |
1,281.00 |
1,592.00 |
853.00 |
Per
Share (GAAP Quarterly, in $) |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Basic EPS (excl. extra
items) |
0.48 |
0.91 |
0.84 |
1.04 |
0.57 |
Extraordinary items |
-0.01 |
0.00 |
0.00 |
0.00 |
0.00 |
Basic Net EPS |
0.49 |
0.91 |
0.84 |
1.04 |
0.57 |
Basic shares outstanding (Mill.
of Units) |
1,559.00 |
1,548.00 |
1,533.00 |
1,532.00 |
1,499.00 |
EPS other shares |
- |
- |
- |
- |
- |
Diluted Net EPS |
0.47 |
0.91 |
0.84 |
1.04 |
0.57 |
Diluted average shares (Mill.
of Units) |
1,544.65 |
1,549.00 |
1,533.00 |
1,532.00 |
1,490.79 |
Dividend per share |
0.486 |
0.478 |
0.482 |
0.483 |
0.48 |
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