USB Q2 2021 Earnings — U.S. Bancorp Revenue & Financial Results | Market Cap Arena

USBU.S. Bancorp

$81B

Q2 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$6.0B-4.5% YoY

Gross Profit

$5.9B98.8% margin

Operating Income

$2.5B42.3% margin

Net Income

$2.0B33.0% margin

EPS (Diluted)

$1.28

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$5.6B

Free Cash Flow

$5.6B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$558.9B

Total Liabilities

$505.2B

Stockholders' Equity

$53.0B

Cash & Equivalents

$44.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.0B	$6.3B	-4.5%
Gross Profit	$5.9B	$4.1B	+45.4%
Operating Income	$2.5B	$759M	+234.5%
Net Income	$2.0B	$689M	+187.7%

Revenue Segments

Consumer And Small Business Banking

$2.3B40%

Payment Services

$1.5B26%

Corporate and Other

$938M16%

Wealth Management And Investment Services

$714M12%

Treasury and Corporate Support

$326M6%