GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » U.S. Bancorp (NYSE:USB) » Definitions » Net Interest Income (for Banks)

U.S. Bancorp (U.S. Bancorp) Net Interest Income (for Banks)

: $17,396 Mil (As of Dec. 2023)
View and export this data going back to 1973. Start your Free Trial

Net interest income is the income earned by banks from the fund they have on their balance sheet. U.S. Bancorp's net interest income for the three months ended in Dec. 2023 was $4,111 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2023 was $17,396 Mil.

U.S. Bancorp's quarterly net interest income declined from Jun. 2023 ($4,415 Mil) to Sep. 2023 ($4,236 Mil) and declined from Sep. 2023 ($4,236 Mil) to Dec. 2023 ($4,111 Mil).

U.S. Bancorp's annual net interest income increased from Dec. 2021 ($12,494 Mil) to Dec. 2022 ($14,728 Mil) and increased from Dec. 2022 ($14,728 Mil) to Dec. 2023 ($17,396 Mil).


U.S. Bancorp Net Interest Income (for Banks) Historical Data

The historical data trend for U.S. Bancorp's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

U.S. Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Income (for Banks)
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,052.00 12,825.00 12,494.00 14,728.00 17,396.00

U.S. Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Interest Income (for Banks) Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,293.00 4,634.00 4,415.00 4,236.00 4,111.00

U.S. Bancorp Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $17,396 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


U.S. Bancorp (U.S. Bancorp) Business Description

Industry
Address
800 Nicollet Mall, Minneapolis, MN, USA, 55402
As a diversified financial-services provider, U.S. Bancorp is one of the nation's largest regional banks, with branches in roughly 26 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.
Executives
Timothy A Welsh officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Terrance R Dolan officer: EVP, Controller 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Shailesh M Kotwal officer: Vice Chairman 8501 N. SCOTTSDALE ROAD, SUITE 300, SCOTTSDALE AZ 85253
Venkatachari Dilip officer: SEVP & Chief Info & Tech Off 800 NICOLLET MALL, MINNEAPOLIS MN 55402
John C Stern officer: SEVP and CFO 800 NICOLLET MALL, MINNEAPOLIS MN 55402
James B Kelligrew officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Richard P Mckenney director UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Scott W. Wine director 2100 HIGHWAY 55, MEDINA MN 55340
Alan B. Colberg director ASSURANT, INC., ONE CHASE MANHATTAN PLAZA, 41 FL., NEW YORK NY 10005
Souheil Badran officer: SEVP, Chief Operations Officer 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Andrew Cecere officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Von Gillern Jeffry H. officer: Vice Chairman U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Lisa R Stark officer: EVP and Controller 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Loretta E Reynolds director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Katherine B Quinn officer: EVP, Strategy & Corp. Affairs US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402