USB Q2 2022 Earnings — U.S. Bancorp Revenue & Financial Results | Market Cap Arena

USBU.S. Bancorp

$81B

Q2 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$6.4B+6.2% YoY

Gross Profit

$5.7B89.0% margin

Operating Income

$1.9B30.6% margin

Net Income

$1.5B24.0% margin

EPS (Diluted)

$0.99

QoQ Revenue Growth

+9.6%

Cash Flow

Operating Cash Flow

$2.2B

Free Cash Flow

$2.2B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$591.4B

Total Liabilities

$542.3B

Stockholders' Equity

$48.6B

Cash & Equivalents

$39.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.4B	$6.0B	+6.2%
Gross Profit	$5.7B	$5.9B	-4.3%
Operating Income	$1.9B	$2.5B	-23.3%
Net Income	$1.5B	$2.0B	-22.8%

Revenue Segments

Consumer And Small Business Banking

$2.0B33%

Payment Services

$1.6B27%

Corporate and Other

$1.1B18%

Wealth Management And Investment Services

$1.0B17%

Treasury and Corporate Support

$327M5%