U.S. Bancorp revenue was $27.33 b in FY, 2019 which is a 6% year over year increase from the previous period.
U.S. Bancorp revenue breakdown by business segment: 24.4% from Corporate and Commercial Banking, 56.4% from Consumer and Business Banking and 19.3% from Wealth Management and Investment Services
USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|
Revenue | 24.0b | 25.8b | 27.3b |
Revenue growth, % | 6% | 7% | 6% |
Cost of goods sold | 2.1b | 3.3b | 4.4b |
Gross profit | 21.9b | 22.5b | 22.9b |
Gross profit Margin, % | 91% | 87% | 84% |
Sales and marketing expense | 542.0m | 429.0m | 426.0m |
R&D expense | 977.0m | 978.0m | 1.1b |
Operating expense total | 12.9b | 12.5b | 12.8b |
Depreciation and amortization | 175.0m | 161.0m | 168.0m |
Pre tax profit | 7.5b | 8.7b | 8.6b |
Income tax expense | 1.3b | 1.6b | 1.6b |
Net Income | 6.3b | 7.1b | 6.9b |
EPS | 3.5 | 4.1 | 4.2 |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|
Revenue | 6.1b | 6.4b | 6.5b | 6.6b | 6.9b | 7.1b | 6.6b | 6.3b | 2.7b |
Cost of goods sold | 623.0m | 751.0m | 872.0m | 1.1b | 1.1b | 1.2b | 893.0m | 472.0m | |
Gross profit | 5.4b | 5.6b | 5.7b | 5.6b | 5.8b | 5.9b | 5.7b | 5.8b | |
Gross profit Margin, % | 90% | 88% | 87% | 84% | 83% | 84% | 87% | 92% | |
Sales and marketing expense | 97.0m | 111.0m | 106.0m | 89.0m | 111.0m | 109.0m | 74.0m | 67.0m | 72.0m |
R&D expense | 235.0m | 242.0m | 247.0m | 257.0m | 270.0m | 277.0m | 289.0m | 309.0m | 334.0m |
Operating expense total | 3.1b | 3.1b | 730.0m | 3.1b | 3.2b | 3.1b | 3.3b | 3.3b | 857.0m |
Depreciation and amortization | 39.0m | 40.0m | 41.0m | 120.0m | 42.0m | 42.0m | 42.0m | 43.0m | 44.0m |
Interest expense | 346.0m | ||||||||
Pre tax profit | 2.0b | 2.2b | 2.3b | 2.1b | 2.3b | 2.4b | 1.4b | 759.0m | 1.9b |
Income tax expense | 362.0m | 441.0m | 460.0m | 378.0m | 449.0m | 467.0m | 260.0m | 64.0m | 347.0m |
Net Income | 1.7b | 1.8b | 1.8b | 1.7b | 1.8b | 1.9b | 1.2b | 695.0m | 1.6b |
EPS | 1.0 | 1.0 | 1.1 | 1.0 | 1.1 | 1.2 | 0.7 | 0.4 |
USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|
Cash | 19.5b | 21.5b | 22.4b |
Accounts Receivable | 276.5b | 282.8b | 292.1b |
PP&E | 2.4b | 2.5b | 3.7b |
Goodwill | 9.4b | 9.4b | 9.7b |
Total Assets | 462.0b | 467.4b | 495.4b |
Accounts Payable | 347.2b | 345.5b | 361.9b |
Short-term debt | 16.7b | 14.1b | 23.7b |
Long-term debt | 32.3b | 41.3b | 40.2b |
Total Debt | 48.9b | 55.5b | 63.9b |
Total Liabilities | 412.4b | 415.7b | 442.9b |
Common Stock | 21.0m | 21.0m | 21.0m |
Preferred Stock | 5.4b | 6.0b | 6.0b |
Additional Paid-in Capital | 8.5b | 8.5b | 8.5b |
Retained Earnings | 54.1b | 59.1b | 63.2b |
Total Equity | 49.7b | 51.7b | 52.5b |
Debt to Equity Ratio | 1 x | 1.1 x | 1.2 x |
Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x |
Financial Leverage | 9.3 x | 9 x | 9.4 x |
USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|
Depreciation and Amortization | 468.0m | 467.0m | 502.0m |
Cash From Operating Activities | 6.5b | 10.6b | 4.9b |
Cash From Investing Activities | (12.1b) | (9.0b) | (21.6b) |
Short-term Borrowings | 2.7b | (2.5b) | 9.6b |
Long-term Borrowings | (10.5b) | (2.9b) | (11.1b) |
Dividends Paid | (2.2b) | (2.4b) | (2.7b) |
Cash From Financing Activities | 9.5b | 361.0m | 17.6b |
Net Change in Cash | 3.8b | 1.9b | 952.0m |
Interest Paid | 2.1b | 3.1b | 4.4b |
Income Taxes Paid | 555.0m | 365.0m | 941.0m |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|
Net Income | 3.4b | ||||||||
Depreciation and Amortization | 113.0m | 228.0m | 346.0m | 120.0m | 245.0m | 372.0m | 129.0m | 260.0m | 393.0m |
Cash From Operating Activities | 1.4b | 4.7b | 7.9b | 1.3b | 1.9b | 5.0b | 2.4b | 1.5b | 4.8b |
Cash From Investing Activities | 82.0m | (2.2b) | (4.2b) | (6.5b) | (11.9b) | (21.4b) | (22.3b) | (18.0b) | (21.8b) |
Short-term Borrowings | 1.1b | 1.5b | 7.2b | 1.3b | 893.0m | 440.0m | 2.6b | (3.1b) | |
Long-term Borrowings | (1.1b) | (1.2b) | (1.3b) | (3.7b) | (6.0b) | (8.2b) | (156.0m) | (11.5b) | (13.1b) |
Dividends Paid | (563.0m) | (1.1b) | (1.7b) | (669.0m) | (1.3b) | (1.8b) | (718.0m) | (1.4b) | (1.9b) |
Cash From Financing Activities | (1.8b) | (3.0b) | (3.1b) | 1.9b | 5.4b | 10.2b | 44.3b | 46.5b | 38.7b |
Net Change in Cash | (259.0m) | (484.0m) | 577.0m | (3.3b) | (4.5b) | (6.2b) | 24.4b | 30.0b | 21.6b |
USD | FY, 2017 |
---|---|
EV/CFO | 18.3 x |
Revenue/Employee | 331.4k |
Debt/Equity | 1 x |
Debt/Assets | 0.1 x |
Financial Leverage | 9.3 x |
P/E Ratio | 15.2 |
FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
ATMs | 4.77 k | 4.68 k | 4.46 k | ||||||||
Average Deposits | $334.60 b | $334.80 b | $330.10 b | $335.40 b | $345.20 b | $349.90 b | $362.80 b | $403.30 b | |||
Average Loans | $279.40 b | $278.60 b | $281.10 b | $286.10 b | $289.20 b | $292.40 b | $297.70 b | $318.10 b | |||
Banking Offices | 3.07 k | 3.02 k | 2.80 k | ||||||||
Facilities Leased | 1.95 k | 1.93 k | 1.95 k | ||||||||
Facilities Owned | 1.51 k | 1.50 k | 1.46 k |