Us bancorp \de\ (USB)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Interest Income
Loans

14,099

13,120

11,788

10,777

10,059

10,113

10,277

10,558

10,370

10,145

9,564

10,051

10,627

Loans held for sale

162

165

144

154

206

128

203

282

200

246

277

227

277

Investment securities

2,893

2,616

2,232

2,078

2,001

1,866

1,631

1,792

1,820

1,601

1,606

1,984

2,095

Other interest income

340

272

182

125

136

121

174

251

249

166

91

156

137

Total interest income

17,494

16,173

14,346

13,134

12,402

12,228

12,285

12,883

12,639

12,158

11,538

12,418

13,136

Interest Expense
Deposits

2,855

1,869

1,041

622

457

465

561

691

840

928

1,202

1,881

2,754

Short-term borrowings

360

378

141

92

245

263

353

442

531

548

539

1,066

1,433

Long-term debt

1,227

1,007

784

754

699

725

767

1,005

1,145

1,103

1,279

1,739

2,260

Total interest expense

4,442

3,254

1,966

1,468

1,401

1,453

1,681

2,138

2,516

2,579

3,020

4,686

6,447

Net interest income

13,052

12,919

12,380

11,666

11,001

10,775

10,604

10,745

10,123

9,579

8,518

7,732

6,689

Provision for credit losses

1,504

1,379

1,390

1,324

1,132

1,229

1,340

1,882

2,343

4,356

5,557

3,096

792

Net interest income after provision for credit losses

11,548

11,540

10,990

10,342

9,869

9,546

9,264

8,863

7,780

5,223

2,961

4,636

5,897

Noninterest Income
Credit and debit card revenue

1,413

1,401

1,289

1,206

1,070

1,021

965

892

1,073

1,091

1,055

1,039

958

Corporate payment products revenue

664

644

575

541

708

724

706

744

734

710

669

671

638

Merchant processing services

1,601

1,531

1,486

1,498

1,547

1,511

1,458

1,395

1,355

1,253

1,148

1,151

1,108

ATM processing services

-

-

-

277

318

321

327

346

452

423

410

366

327

Trust and investment management fees

1,673

1,619

1,522

1,427

1,321

1,252

1,139

1,055

1,000

1,080

1,168

1,314

1,339

Deposit service charges

909

1,070

1,035

706

702

693

670

653

659

710

970

1,081

1,077

Treasury management fees

578

594

618

583

561

545

538

541

551

555

552

517

472

Commercial products revenue

934

895

954

971

867

854

859

878

841

771

615

492

433

Mortgage banking revenue

874

720

834

979

906

1,009

1,356

1,937

986

1,003

1,035

270

259

Investment products fees

186

188

173

169

185

191

178

150

129

111

109

147

146

Realized gains (losses), net

-

-

-

27

1

11

23

59

4

13

147

42

15

Total other-than-temporary impairment

-

-

-

6

1

7

6

62

60

157

1,000

-1,020

0

Portion of other-than-temporary impairment recognized in other comprehensive income (loss)

-

-

-

-1

-

1

8

12

-25

66

-402

-

0

Securities gains (losses), net

73

30

57

22

-

3

9

-15

-31

-78

-451

-978

15

Other

926

910

774

911

907

1,040

569

743

1,011

731

672

741

524

Total noninterest income

9,831

9,602

9,317

9,290

9,092

9,164

8,774

9,319

8,760

8,360

7,952

6,811

7,296

Noninterest Expense
Compensation

6,325

6,162

5,746

5,212

4,812

4,523

4,371

4,320

4,041

3,779

3,135

3,039

2,640

Employee benefits

1,286

1,231

1,134

1,008

1,167

1,041

1,140

945

845

694

574

515

494

Net occupancy and equipment

1,123

1,063

1,019

988

991

987

949

917

999

919

836

781

738

Professional services

454

407

419

502

423

414

381

530

383

306

255

240

233

Marketing and business development

426

429

542

435

361

382

357

388

369

360

378

310

260

Technology and communications

1,095

978

903

877

887

863

848

821

758

744

673

598

561

Postage, printing and supplies

290

324

323

311

297

328

310

304

303

301

288

294

283

Other intangibles

168

161

175

179

174

199

223

274

299

367

387

355

376

Other

1,618

1,709

2,529

2,015

1,819

1,978

1,695

1,957

1,914

1,913

1,755

1,216

1,322

Total noninterest expense

12,785

12,464

12,790

11,527

10,931

10,715

10,274

10,456

9,911

9,383

8,281

7,348

6,907

Income before income taxes

8,594

8,678

7,517

8,105

8,030

7,995

7,764

7,726

6,629

4,200

2,632

4,099

6,286

Applicable income taxes

1,648

1,554

1,264

2,161

2,097

2,087

2,032

2,236

1,841

935

395

1,087

1,883

Net income

6,946

7,124

6,253

5,944

5,933

5,908

5,732

5,490

4,788

3,265

2,237

3,012

4,403

Net (income) loss attributable to noncontrolling interests

32

28

35

56

54

57

-104

-157

-84

-52

32

66

79

Net income attributable to U.S. Bancorp

6,914

7,096

6,218

5,888

5,879

5,851

5,836

5,647

4,872

3,317

2,205

2,946

4,324

Net income applicable to U.S. Bancorp common shareholders

6,583

6,784

5,913

5,589

5,608

5,583

5,552

5,383

4,721

3,332

1,803

2,819

4,258

Earnings per common share

4.16

4.15

3.53

3.25

3.18

3.10

3.02

2.85

2.47

1.74

0.97

1.62

2.45

Diluted earnings per common share

4.16

4.14

3.51

3.24

3.16

3.08

3.00

2.84

2.46

1.73

0.97

1.61

2.42

Dividends declared per common share

-

-

-

-

1.01

0.96

0.88

0.78

0.50

0.20

0.20

1.70

1.62

Average common shares outstanding

1,581

1,634

1,677

1,718

1,764

1,803

1,839

1,887

1,914

1,912

1,851

1,742

1,735

Average diluted common shares outstanding

1,583

1,638

1,683

1,724

1,772

1,813

1,849

1,896

1,923

1,921

1,859

1,756

1,756