USB Historical Income Statement
| USB Stock | USD 53.29 0.19 0.36% |
Historical analysis of US Bancorp income statement accounts such as Other Operating Expenses of 29.4 B, Operating Income of 6.4 B, EBIT of 6.3 B or Ebitda of 6.6 B can show how well US Bancorp performed in making a profits. Evaluating US Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of US Bancorp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining US Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether US Bancorp is a good buy for the upcoming year.
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About USB Income Statement Analysis
US Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to US Bancorp shareholders. The income statement also shows USB investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
US Bancorp Income Statement Chart
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Operating Income
Operating Income is the amount of profit realized from US Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of US Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in US Bancorp financial statement analysis. It represents the amount of money remaining after all of US Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Revenue
Total revenue comprises all receipts US Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from US Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into US Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade USB Stock refer to our How to Trade USB Stock guide.At present, US Bancorp's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 29.4 B, whereas Operating Income is forecasted to decline to about 6.4 B.
| 2021 | 2022 | 2023 | 2024 (projected) | EBIT | 9.3B | 6.8B | 6.8B | 6.3B | Operating Income | 10.1B | 10.5B | 7.8B | 6.4B |
US Bancorp income statement Correlations
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US Bancorp Account Relationship Matchups
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US Bancorp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Operating Expenses | 14.3B | (17.2B) | (12.6B) | (13.7B) | 28.0B | 29.4B | |
| Operating Income | 8.6B | 6.0B | 10.1B | 10.5B | 7.8B | 6.4B | |
| Ebit | 8.7B | 5.8B | 9.3B | 6.8B | 6.8B | 6.3B | |
| Ebitda | 8.7B | 6.3B | 9.8B | 7.3B | 7.9B | 6.6B | |
| Total Operating Expenses | (14.3B) | (17.2B) | (12.6B) | (13.7B) | 28.0B | 29.4B | |
| Net Income | 6.9B | 5.0B | 8.0B | 5.8B | 5.4B | 3.3B | |
| Income Tax Expense | 1.6B | 1.1B | 2.2B | 1.5B | 1.4B | 1.1B | |
| Depreciation And Amortization | 171.9K | 527M | 497M | 560M | 1.0B | 1.1B | |
| Interest Expense | 4.4B | 2.0B | 993M | 3.2B | 12.6B | 13.2B | |
| Selling General Administrative | 7.6B | 7.9B | 8.7B | 9.2B | 10.4B | 10.9B | |
| Total Revenue | 22.9B | 23.2B | 22.7B | 24.2B | 28.0B | 29.4B | |
| Gross Profit | 22.9B | 23.2B | 22.7B | 24.2B | 28.0B | 29.4B | |
| Income Before Tax | 8.6B | 6.1B | 10.2B | 7.3B | 6.9B | 5.0B | |
| Total Other Income Expense Net | 32M | (1.8B) | (1.4B) | (1.9B) | (981M) | (1.0B) | |
| Net Income Applicable To Common Shares | 6.6B | 4.6B | 7.6B | 5.5B | 6.3B | 5.0B | |
| Selling And Marketing Expenses | 426M | 318M | 366M | 456M | 726M | 399.5M | |
| Net Income From Continuing Ops | 6.9B | 5.0B | 8.0B | 5.8B | 5.5B | 6.5B | |
| Tax Provision | 1.6B | 1.1B | 2.2B | 1.5B | 1.4B | 1.3B | |
| Net Interest Income | 13.1B | 12.8B | 12.5B | 14.7B | 17.4B | 14.4B | |
| Interest Income | 17.5B | 14.8B | 13.5B | 17.9B | 30.0B | 18.3B | |
| Reconciled Depreciation | 502M | 527M | 159M | 215M | 1.0B | 527.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether US Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of US Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Us Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Us Bancorp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade USB Stock refer to our How to Trade USB Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of US Bancorp. If investors know USB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about US Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.127 | Dividend Share 1.97 | Earnings Share 3.25 | Revenue Per Share 15.965 | Quarterly Revenue Growth (0.03) |
The market value of US Bancorp is measured differently than its book value, which is the value of USB that is recorded on the company's balance sheet. Investors also form their own opinion of US Bancorp's value that differs from its market value or its book value, called intrinsic value, which is US Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because US Bancorp's market value can be influenced by many factors that don't directly affect US Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between US Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.