U.S. Bancorp Reports 10% Increase in Q3 2026 Net Income to $2.2 Billion

U.S. Bancorp (USB) announced its financial results for the third quarter ended September 30, 2026, reporting a net income attributable to U.S. Bancorp of $2,202 million, a 10.0% increase from the third quarter of 2025. Net revenue for the quarter rose 8.7% to $7,970 million, with diluted earnings per common share reaching $1.34, up from $1.22 a year earlier. The company also noted a 5.8% increase in net interest income to $4,468 million and a 13.1% rise in noninterest income to $3,480 million.