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U.S. Bancorp reported second-quarter 2026 financial results, highlighted by record net revenue of $7,712 million, a…

USBUS Bancorp de

U.S. Bancorp reported second-quarter 2026 financial results, highlighted by record net revenue of $7,712 million, a 10.1% increase year-over-year. Net income attributable to the company rose 19.9% to $2,177 million, with diluted earnings per share increasing 21.6% to $1.35. The results include the impact of the completed acquisition of BTIG, which contributed approximately $98 million in fee revenue and $84 million in noninterest expense during June. Net interest margin on a taxable-equivalent basis was 2.79%, up 13 basis points from 2.66% in the prior year quarter. The company's CET1 capital ratio remained stable at 10.8%. U.S. Bancorp is a financial services company providing banking, investment, and capital markets services.

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