USB Q2 2020 Earnings — U.S. Bancorp Revenue & Financial Results | Market Cap Arena

USBU.S. Bancorp

$80B

Q2 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$6.3B-9.4% YoY

Gross Profit

$4.1B64.9% margin

Operating Income

$759M12.1% margin

Net Income

$689M11.0% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

-5.3%

Cash Flow

Operating Cash Flow

-$853M

Free Cash Flow

-$853M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$546.7B

Total Liabilities

$494.2B

Stockholders' Equity

$51.9B

Cash & Equivalents

$52.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.3B	$6.9B	-9.4%
Gross Profit	$4.1B	$5.4B	-24.9%
Operating Income	$759M	$2.3B	-66.7%
Net Income	$689M	$1.8B	-62.2%

Revenue Segments

Consumer And Small Business Banking

$2.4B41%

Payment Services

$1.3B22%

Corporate and Other

$1.2B21%

Wealth Management And Investment Services

$719M12%

Treasury and Corporate Support

$222M4%