U.S. Bancorp Income Statement - Quarterly (NYSE:USB)

Add to My Stocks
$44.7 $0.47 (1.06%) USB stock closing price Oct 27, 2016 (Closing)

USB stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the U.S. Bancorp stock price. The income statement is a summary of the revenue, expenses and profitability (shown as Net Income) or lack of it. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the USB stock is bound to reflect the impact of the QoQ decline of $39M. The operating expenses (also check: U.S. Bancorp assets and U.S. Bancorp free cash flow) as shown in the U.S. Bancorp profit and loss statement 2016-Q3 total to $3.42B. This line item has decreased from $3.47B compared with last quarter. View details of revenue and profits for U.S. Bancorp for latest & last 40 quarters.

show more
Get Income statement for another ticker
Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
U.S. Bancorp Net Sales or Revenues
Cost Of Goods Sold (COGS)161M152M139M113M113M113M118M117M115M114M
U.S. Bancorp Gross Profit
Research & Development Expense----------
Selling General & Admin Expense3.21B3.28B3.03B3.07B3.02B2.92B2.89B3.04B2.87B3.03B
Income Before Depreciation Depletion Amortization2.39B2.38B2.2B2.32B2.32B2.31B2.21B2.31B2.31B2.35B
Depreciation Depletion Amortization45M44M45M46M42M43M43M51M51M48M
Non Operating Income----------
Interest Expense266M255M247M224M236M239M245M241M250M244M
U.S. Bancorp Pretax Income
Provision for Income Taxes566M542M504M556M534M528M479M521M523M547M
Minority Interest14M14M15M13M14M14M13M13M15M14M
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations1.52B1.52B1.39B1.48B1.49B1.48B1.43B1.49B1.47B1.5B
Extraordinary Items & Discontinued Operations----------
U.S. Bancorp Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS1.72B1.73B1.74B1.75B1.77B1.78B1.79B1.8B1.81B1.82B
Average Shares used to compute Basic EPS1.71B1.73B1.74B1.75B1.76B1.77B1.78B1.79B1.8B1.81B
Income Before Nonrecurring Items1.5B1.52B1.39B1.46B1.49B1.48B1.43B1.47B1.47B1.5B
Income from Nonrecurring Items---17.54M---17.96M--
U.S. Bancorp Earnings Per Share Basic Net
U.S. Bancorp Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items0.840.830.760.790.810.800.760.780.780.78
Preferred Dividends Acc Pd68M90.25M--------
Dividends Common479.23438.35--------
Dividend Per Share Common0.
All figures in USD. M: Millions of USD, B: Billions of USD.

It is very helpful to read a report on U.S. Bancorp stock analysis. An investor must check the following items in an income statement:
  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that USB stock has a topline or revenue of $5.77B for 2016-Q3 as per this U.S. Bancorp revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: Most businesses like U.S. Bancorp try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the U.S. Bancorp historical stock prices to check how the price has moved with time. .

U.S. Bancorp Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
PS ratio (
price sales ratio
Operating margin
Net profit margin
Dividend yield