Nov 6, 8:00 AM ET
U.S. Bancorp's CFO John Stern and Vice Chair Stephen Philipson will present at the BancAnalysts Association of Boston Conference on November 6, 2026, and the company furnished the slides as Exhibit 99.1. The slides restate third-quarter 2026 results, including total net revenue of $7,970 million, up 9.5% from a year earlier, and net income applicable to common shareholders of $2,095 million, up from $1,893 million. The slides also cover the BTIG acquisition and the company's Capital Markets growth plans.
- Presentation at 10:15 a.m. Eastern time on Friday, November 6, 2026, by John Stern and Stephen Philipson
- Third-quarter 2026 total net revenue of $7,970 million, compared with $7,329 million in third-quarter 2025 (up 9.5%)
- Net income applicable to common shareholders of $2,095 million, compared with $1,893 million in third-quarter 2025
- Slides show return on tangible common equity of 18.5% and efficiency ratio of 55.9% for the third quarter of 2026
Read the filing on SEC.gov ↗
Oct 30, 4:27 PM ET
U.S. Bancorp filed a Certificate of Designations on October 29, 2026 to create its Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, then closed the sale of 1,000,000 depositary shares on October 30, 2026. Each depositary share represents 1/25th of a share of the preferred stock, and the preferred has a $25,000 liquidation preference per share. The filing is a financing disclosure with no stated effect on reported results, but it adds a new class of senior equity ahead of common shareholders.
- Certificate of Designations for Series P preferred stock filed October 29, 2026
- Sale of 1,000,000 depositary shares closed October 30, 2026; each represents 1/25th of a preferred share
- Preferred stock carries a $25,000 liquidation preference per share
- Underwriters include U.S. Bancorp Investments, Barclays Capital and Morgan Stanley & Co.; U.S. Bank Trust Company is depositary
Read the filing on SEC.gov ↗
Oct 29, 8:25 AM ET
U.S. Bancorp said Vice Chair and Chief Risk Officer Jodi L. Richard resigned effective immediately to take a position at another publicly traded company, and that the resignation was not due to any disagreement with the company. Executive Vice President and Chief Credit Officer Troy W. Remington will serve as interim Chief Risk Officer while the company selects a successor.
- Jodi L. Richard notified the company of her resignation on October 23, 2026, effective immediately
- Resignation was not due to any disagreement with the company on operations, policies or practices
- Troy W. Remington, Executive Vice President and Chief Credit Officer, is interim Chief Risk Officer
- The company has not yet named a permanent successor
Read the filing on SEC.gov ↗
Oct 15, 6:59 AM ET
U.S. Bancorp reported third-quarter 2026 net income attributable to the company of $2.20 billion, up 10.0% from a year earlier, with diluted earnings per share of $1.34, up 9.8%. Total net revenue rose 8.7% year over year to $7.97 billion, which the company called a record, and fee revenue grew 14.9%, helped by the BTIG acquisition and a small business credit card portfolio purchase. The filing contains no full-year guidance change, and higher expenses and a $135 million provision tied to the card portfolio purchase partly offset the gains.
- Net income attributable to U.S. Bancorp was $2,202 million, up 10.0% from $2,001 million in Q3 2025.
- Diluted EPS was $1.34, compared with $1.22 a year earlier and $1.35 in Q2 2026.
- Noninterest expense rose 7.1% to $4,493 million, mainly due to the BTIG acquisition.
- Provision for credit losses was $654 million, including $135 million for acquired loans; CET1 ratio was 10.8%.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
