Every 8-K that U.S. Bancorp (USB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow USB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full USB filings page.
U.S. Bancorp reported record second-quarter 2026 results, with total net revenue of $7,712 million and net income attributable to U.S. Bancorp of $2,177 million. Diluted EPS was $1.35, up from $1.11 a year earlier, as net interest income rose to $4,387 million and noninterest income to $3,325 million. Net interest margin improved to 2.79%, average total loans grew to $405,481 million and average deposits to $515,080 million, producing 400 basis points of positive operating leverage, return on average assets of 1.26% and an efficiency ratio of 57.1%.
Asset quality strengthened: the net charge-off ratio fell to 0.53%, nonperforming assets declined to $1,346 million, equal to 0.33% of loans and other real estate, and the allowance for credit losses stood at $7,979 million, or 1.94% of loans and 612% of nonperforming loans. The Basel III standardized common equity tier 1 capital ratio was 10.8% and tangible book value per share reached $30.04. During the quarter the company completed its acquisition of BTIG, which contributed approximately $98 million of fee revenue and $84 million of noninterest expense, and Elavon expanded its All-In-One payments platform across North America.
U.S. Bancorp announced that its Stress Capital Buffer will remain at 2.6% until October 1, 2027, following the Federal Reserve’s decision to maintain current stress test-related capital requirements. This buffer, combined with the Basel III Common Equity Tier 1 minimum of 4.5%, means the company must keep its CET1 ratio at or above 7.1% over this period.
The company reported a CET1 ratio of 10.8% using the Basel III standardized approach as of March 31, 2026, indicating capital levels above “well-capitalized” thresholds. Planned capital actions include raising the quarterly common stock dividend from $0.52 to $0.54 per share, a 3.8% increase subject to board approval, starting in the third quarter of 2026, and it had $4.1 billion of remaining capacity under its existing $5 billion share repurchase program as of March 31, 2026.
U.S. Bancorp reported the results of its 2026 annual meeting of shareholders held on April 21, 2026. Shareholders elected twelve directors to one-year terms ending at the 2027 annual meeting, with each nominee receiving over 1.09 billion votes in favor.
Support levels varied among directors, from 1,097,316,400 votes for Roland A. Hernandez to 1,214,190,913 votes for Loretta E. Reynolds, alongside broker non-votes of 152,923,925 for each nominee. Shareholders also gave advisory approval to the executive compensation program, with 1,138,199,345 votes for and 79,171,164 against.
In addition, shareholders ratified the selection of Ernst & Young LLP as independent registered public accounting firm for the 2026 fiscal year, with 1,314,933,791 votes for and 58,312,267 votes against. Broker non-votes were not applicable to the auditor ratification proposal.
U.S. Bancorp reported solid first-quarter 2026 results, with net income attributable to the company of $1,945 million, up 13.8% from a year earlier, and diluted EPS of $1.18, up 14.6%. Total net revenue was $7,288 million, an increase of 4.7% year-over-year, driven by 4.1% growth in net interest income (taxable-equivalent basis) and 5.7% growth in noninterest income.
Profitability metrics improved, with return on average assets at 1.15%, return on average common equity at 12.6%, return on tangible common equity at 17.0%, and an efficiency ratio of 58.2%, reflecting 440 basis points of positive operating leverage versus the prior year quarter. Net interest margin held at 2.77%, modestly above 2.72% a year ago.
Average total loans rose to $393.6 billion, up 3.8% year-over-year, led by commercial and credit card growth, while average total deposits increased 1.7% to $515.1 billion. Credit quality remained stable, with a net charge-off ratio of 0.56% and nonperforming assets at $1,528 million. The Basel III standardized CET1 capital ratio was 10.8%, above well-capitalized levels. The quarter also featured new partnerships with Amazon for small business credit cards and with the NFL for banking and wealth management sponsorships, supporting future growth in payments and advisory services.
U.S. Bancorp updated how it presents its Consolidated Statement of Income and Balance Sheet, reclassifying certain fee revenues and loan portfolios effective January 1, 2026. The company states these changes do not affect historical total net revenue, net income, key return metrics, total loans or total assets.
Corporate payment products revenue was renamed Corporate payment and treasury management revenue, and Service charges was renamed Lending and deposit-related fees, with related fees shifted among categories. Small business credit card loans were moved from the Commercial to the Credit card loan portfolio. U.S. Bancorp furnished unaudited supplemental historical financial information reflecting the new presentation, including net income attributable to U.S. Bancorp of $2,045 million and diluted earnings per common share of $1.26 for the quarter ended December 31, 2025.
U.S. Bancorp filed an 8-K reporting that on March 9, 2026 it established a new medium-term note program. Under this program, the company may issue Medium-Term Notes, Series EE (Senior) and Series FF (Subordinated), collectively referred to as the Notes.
The Series EE Notes are issued under the company’s existing 1991 senior indenture with Citibank, N.A., as amended and supplemented by an Officers’ Certificate and Company Order dated March 9, 2026. The Series FF Notes are issued under the same 1991 indenture as amended by 1993 and 2017 supplements, also with terms set by a March 9, 2026 Officers’ Certificate and Company Order.
The Notes are registered under the Securities Act of 1933 using a shelf registration statement on Form S‑3 (File No. 333-294133). The filing also lists related exhibits, including a distribution agreement with U.S. Bancorp Investments, Inc. and other agents, the forms of the global notes, and a legal opinion and consent from Willkie Farr & Gallagher LLP.
U.S. Bancorp adopted a new U.S. Bank Executive Change in Control Severance Plan for its executive officers and certain other officers, including currently serving named executive officers. The plan provides severance benefits if an executive is involuntarily terminated without Cause or resigns for Good Reason within 24 months after a Change in Control, as those terms are defined in the plan. Eligible participants receive a lump-sum cash payment calculated under the plan formula, subject to signing and not revoking a participation agreement. Severance is also conditioned on a general release of claims, compliance with confidentiality and non-solicitation obligations, and a non-competition covenant where permitted by law. Executives generally cannot receive severance under this plan and another company severance arrangement at the same time.
U.S. Bancorp announced a planned change in board leadership. Andrew Cecere, Chairman of the Board, told the board on January 27, 2026 that he will not stand for re-election when his current term ends at the 2026 Annual Meeting of Shareholders.
The company states his decision is for personal reasons after 40 years of service and is not due to any disagreement about operations, policies, or practices. Gunjan Kedia, currently Chief Executive Officer, President, and a director, has been elected to become Chairman effective upon Mr. Cecere’s retirement from the board on April 21, 2026.
U.S. Bancorp filed an 8-K to report that it has released its financial results for the quarter ended December 31, 2025. The company issued a press release, attached as Exhibit 99.1, and a 4Q25 Earnings Supplement, attached as Exhibit 99.2, providing additional detail on quarterly performance. It also plans to host an investor conference call and webcast to discuss these results, supported by a 4Q25 Earnings Conference Call Presentation attached as Exhibit 99.3. Certain exhibits are designated as filed or furnished under the Exchange Act, and all materials include forward-looking statements with related cautionary language.
U.S. Bancorp reported that it has signed an Agreement and Plan of Merger to acquire Condor Trading LP (BTIG Parent), making BTIG Parent a subsidiary of the bank. The deal combines upfront cash, stock and performance-based payments, and will close only after required conditions, including regulatory approvals, are satisfied.
The consideration includes $362,500,000 in cash at closing (subject to adjustments), plus 6,600,594 shares of U.S. Bancorp common stock to be issued at closing. The agreement also provides for up to an additional $275,000,000 in contingent cash over a three-year period after closing if specified revenue targets are achieved. The stock issued is intended to rely on a private-offering exemption under Section 4(a)(2) of the Securities Act.
U.S. Bancorp (USB) furnished an 8‑K under Regulation FD announcing that senior leaders will present at the BancAnalysts Association of Boston Conference at 9:50 a.m. Eastern on November 7, 2025.
Presentation slides are attached as Exhibit 99.1 and available via the Investor Relations site under “News & events” > “Webcasts & presentations.” A live audio webcast will be provided at the same location, and a replay will remain posted for one year.
U.S. Bancorp reported that it issued a press release with financial results for the quarter ended September 30, 2025, and made an earnings supplement and conference call presentation available.
The press release is treated as filed under the Exchange Act, while the earnings supplement and presentation are furnished. The company will host an investor call and webcast to discuss the third‑quarter results. Each item includes forward‑looking statements with accompanying cautionary language.