U.S. Bancorp reported third-quarter 2026 results with net income attributable to common shareholders of $2.095 billion, or $1.34 per diluted share, compared to $1.893 billion, or $1.22 per share, in the prior-year period. Total revenue increased 8.7% year-over-year to $7.97 billion, driven by a 14.9% rise in fee income and a 5.6% increase in net interest income on a taxable-equivalent basis. The efficiency ratio improved to 55.9%, while the common equity tier 1 capital ratio remained stable at 10.8%. U.S. Bancorp operates as a diversified financial services holding company providing banking, investment, and wealth management products.
