U.S. Bancorp is offering Senior Medium-Term Notes, Series Callable Fixed Rate Notes due May 6, 2041, with an interest rate of 5.40% per annum and an expected original issue date of May 6, 2026. The Notes have a $1,000 principal amount per Note and a fifteen-year term unless redeemed earlier at the issuer’s option on scheduled Redemption Dates beginning August 6, 2028. Interest is payable monthly on the 6th calendar day of each month beginning June 6, 2026, using a 30/360 day-count convention. The offering price is 100% of principal per Note (subject to a noted price range for certain accounts), and selling commissions may be up to $40 per $1,000 Note. The Notes are senior unsecured obligations of U.S. Bancorp and are subject to the company’s credit risk.
U.S. Bancorp is offering Senior Medium-Term Notes — Callable Fixed Rate Notes with an Interest Rate of 5.70% per annum and a scheduled Maturity Date of May 6, 2046. The issuer may redeem the notes in whole (not in part) on specified quarterly Redemption Dates beginning May 6, 2029. The notes are unsecured senior obligations, issued in minimum denominations of $1,000 and expected to be issued at 100% of principal. Selling commissions may be up to $40.00 per $1,000, and the price to public for certain institutional or fee-based accounts may range between $960 and $1,000 per $1,000. Interest is paid annually on the 6th calendar day of May, using a 30/360 day-count convention. The notes are not FDIC insured and are subject to U.S. Bancorp credit risk.
U.S. Bancorp is offering $5,000,000 aggregate principal of Senior Medium‑Term Notes, Series Callable Fixed Rate Notes due April 27, 2029. The Notes pay a fixed 4.20% per annum, payable annually on April 27 beginning April 27, 2027, and are callable, in whole but not in part, on specified quarterly Redemption Dates beginning April 27, 2027. The Notes price at $1,000 per $1,000 principal amount (issue price 100%) and were issued at a per‑note fee of $2.00, producing proceeds to the issuer of $4,990,000 before expenses. The Notes are senior, unsecured obligations of U.S. Bancorp, are not FDIC insured, and will be delivered in book‑entry form through DTC on or about April 27, 2026. Distribution involves affiliated dealers; selling commissions may be up to $2.00 per $1,000 principal amount and the offering complies with FINRA Rule 5121.
U.S. Bancorp priced a $9,500,000 offering of Senior Medium-Term Notes: Callable Step-Up Rate Notes maturing April 27, 2041. The notes pay fixed annual coupons that step up over time: 5.25% through April 27, 2031, 5.50% through April 27, 2036, and 6.00% thereafter, subject to issuer call on specified quarterly Redemption Dates. The offering price is $1,000 per note; proceeds to the issuer before expenses are $9,390,750. USBI acted as distributing affiliate and may receive selling commissions up to $11.50 per $1,000 note. Tax treatment for OID is addressed: the issuer will treat the notes as not issued with OID under the stated presumption regarding call timing.
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.
US Bancorp Vice Chair Jodi L. Richard sold common stock in an open-market transaction. On April 21, 2026, Richard sold 40,000 shares of US Bancorp common stock at a weighted average price of $57.001 per share, with individual trade prices ranging from $57.00 to $57.08.
After this sale, Richard directly held 207,251 shares of US Bancorp common stock.
Filer submitted a Form 144 reporting a proposed sale of 40,000 shares of Common Stock. The notice lists multiple restricted stock vesting events (523; 13,745; 5,355; 3,396; 16,981 shares) and includes a numeric value of $2,280,059.08 on the same line. The filing names Fidelity Brokerage Services LLC and references the NYSE.
U.S. Bancorp is offering Senior Medium‑Term Notes — Callable Fixed Rate Notes due April 27, 2029. The Notes pay a fixed 4.20% per annum, are issued in minimum denominations of $1,000, and may be redeemed at our option on scheduled quarterly Redemption Dates beginning April 27, 2027. Redemption will be at 100% of principal plus accrued interest. Interest is payable annually on April 27, starting April 27, 2027, using a 30/360 day count. The Notes are senior, unsecured obligations of U.S. Bancorp, not FDIC insured. Distribution involves our affiliate U.S. Bancorp Investments, Inc., with selling commissions up to $5.00 per $1,000 and pricing to the public assumed at $1,000 per $1,000 principal amount. Other offering details, aggregate size, and final dates will appear in the final pricing supplement.
U.S. Bancorp is offering Senior Medium-Term Notes: 15‑year callable Step‑Up Rate Notes expected to price April 23, 2026 with an Original Issue Date expected April 27, 2026 and maturity expected April 27, 2041. Interest steps are scheduled: 5.25% through April 27, 2031; 5.50% through April 27, 2036; and 6.00% through April 27, 2041, subject to earlier redemption on quarterly Redemption Dates beginning April 27, 2029. Notes pay interest annually on April 27, have $1,000 minimum denominations, an issue price of 100% and selling commissions up to $20 per $1,000. The Notes are senior unsecured obligations and are subject to U.S. Bancorp credit risk.
U.S. Bancorp is offering Senior Medium-Term Notes — callable fixed rate notes with an Interest Rate of 5.60% per annum and a expected Term of twenty years. The Notes have an Original Issue Date expected to be April 30, 2026 and an expected Maturity Date of April 30, 2046.
The Notes may be redeemed in whole, at the issuer’s option, on scheduled quarterly Redemption Dates beginning April 30, 2029 and ending January 30, 2044, at a redemption price equal to principal plus accrued interest. Interest is payable annually on April 30 and calculated using a 30/360 day count fraction. The per‑note issue price is 100% of principal ($1,000 per Note) subject to underwriting commissions (up to $40.00 per $1,000) and certain institutional price concessions between $960.00 and $1,000.00 per $1,000 principal amount.