U.S. Bancorp (USB)财务
NYSE · Financial Services · Banks - Regional · 员工70,000人 · CEO Gunjan Kedia
- 股价
- $59.45 -1.96%
- 市值
- $926亿
- 企业价值
- $1160亿
- 最近财报
- Q3 '26 2026-10-15提交
- 下次财报
- 2027-01-19
营收(TTM)$440亿+3.4% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)24.4%+3.1 百分点 对比去年同期营业利润 $107亿
净利润(TTM)$83.8亿+16.5% 对比去年同期税后,含营业外收益
自由现金流(TTM)$90亿-9.1% 对比去年同期资本支出 $0
稀释EPS(TTM)$5.13+17.7% 对比去年同期最近4个季度之和
净现金$1300亿+66.9% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $926亿 EV $1160亿
- 营收
- $440亿 过去12个月
- 营收增速
- – 下一财年
- 净利润率
- 19.0% 净利润 / 营收,TTM
- P/E
- 11.6×
- P/S
- 2.1× 股价 / 营收,TTM
- EV / EBITDA
- 8.1× TTM
- 自由现金流
- $90亿 过去12个月
- 净利润
- $83.8亿 过去12个月
- 营收预期
- – 下一财年
- 盈利
- 2027-01-19
- 股息
- $2.10 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 营收增长放缓:同比2.3%Q3 '26营收$113亿,此前四个季度的平均值为3.3%。
- 营业利润率24.4%(TTM),较去年同期+3.1 百分点营收增长3.4%,营业利润增长18.2%。
- 资本支出占营收的0.0%(去年为0.0%)最近4个季度投入$0(同比–)。自由现金流$90亿,相当于净利润的107.4%。
- 股东回报$30.4亿 = 自由现金流的33.8%回购$5.99亿(去年为$4.89亿),股息$24.4亿,股权激励$0(TTM)。
- 稀释股数一年内增加0.1%Q3 '26稀释股数15.6亿,一年前为15.6亿。
- 净现金 $1300亿现金 + 短期投资 $2030亿,含租赁债务 $730亿;一年前净现金 $777亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $113亿 | $110亿 | +2.3% |
| 毛利率 | 64.8% | 61.1% | +3.7 百分点 |
| 营业利润 | $28亿 | $25.3亿 | +10.6% |
| 营业利润率 | 24.9% | 23.0% | +1.9 百分点 |
| 净利润 | $22亿 | $20亿 | +10.0% |
| 稀释EPS | $1.34 | $1.21 | +10.7% |
| 经营现金流 | $0 | $33.9亿 | -100.0% |
| 资本支出 | $0 | $0 | – |
| 自由现金流 | $0 | $33.9亿 | -100.0% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $0 | $0 | – |
营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q1 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Wealth Management And Investment Services | – | – | – | – | – | |
| Payment Services | $17.2亿 | -25.3% | 23.6% | $91.2亿 | -34.4% | |
| Consumer And Small Business Banking | – | – | – | – | – | |
| Wealth, Corporate, Commercial and Institutional Banking | $34.8亿 | – | 47.8% | – | – | |
| Consumer and Business Banking | $23.3亿 | – | 31.9% | – | – | |
| Treasury and Corporate Support | -$2.38亿 | -328.8% | -3.3% | – | – |
按地区划分的营收
占总额比例| 分部 | Q1 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Segment Two | $19.3亿 | -5.5% | 56.0% | $81.9亿 | – | |
| Segment Four | $11.4亿 | +0.5% | 32.9% | $47.5亿 | – | |
| Segment Three | $3.86亿 | +7.5% | 11.2% | $15亿 | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $90亿
- 资本支出
- $0
- 股票回购
- -$5.99亿
- 股息
- -$24.4亿
- 收购
- -$2.47亿
- 债务净发行
- -$32.2亿
- 股权激励费用
- $0
- 自由现金流
- $90亿
- 股东回报 / FCF
- 33.8%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 11.6× | 12.0× | 11.0× – 13.2× |
| EV / EBITDA | 8.1× | 10.0× | 9.2× – 11.0× |
| EV / 营收 | 2.6× | 2.8× | 1.8× – 4.2× |
| 股价 / FCF | 10.3× | 7.3× | 3.1× – 10.4× |
| 股价 / 净资产 | 1.4× | 1.3× | 1.2× – 1.5× |
| FCF收益率 | 9.7% | 16.3% | 9.6% – 32.5% |
| 投入资本回报率 | 5.0% | 4.5% | 3.6% – 6.8% |
| 净资产收益率 | 12.6% | 11.6% | 9.8% – 14.5% |
分析师
一致目标价 $69.53 (+17.0%)
区间 $64.00 – $76.00 · 评级 Buy
强烈买入1
买入24
持有22
卖出2
强烈卖出0
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
U.S. Bancorp在近期10-Q / 10-K文件中标记的全部418项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$71.1亿 | -$86.1亿 | +17.4% | -$69.9亿 | -$97.6亿 | +28.4% |
| Additional Paid in Capital, Common Stock | $87.7亿 | $87.1亿 | +0.8% | $87.3亿 | $87.2亿 | +0.1% |
| Affordable Housing Tax Credits and Other Tax Benefits, Amount | $1.53亿 | $2.12亿 | -27.8% | $6.43亿 | $5.85亿 | +9.9% |
| Amortization Method Qualified Affordable Housing Project Investments, Amortization | $1.66亿 | $1.55亿 | +7.1% | $5.99亿 | $5.73亿 | +4.5% |
| Amortization of Intangible Assets | $1.14亿 | $1.24亿 | -8.1% | $4.98亿 | $5.69亿 | -12.5% |
| AOCI, Cash Flow Hedge, Cumulative Gain (Loss), after Tax | -$2.98亿 | -$1.32亿 | -125.8% | -$6900万 | -$5.53亿 | +87.5% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $7300万 | $4700万 | +55.3% | $2.39亿 | $2.41亿 | -0.8% |
| Asset at Fair Value, Changes in Fair Value Resulting from Changes in Assumptions | $500万 | $600万 | -16.7% | $1500万 | $4300万 | -65.1% |
| Assets | $7260亿 | $6860亿 | +5.8% | $6920亿 | $6780亿 | +2.1% |
| Cash and Due from Banks | $665亿 | $578亿 | +15.0% | $469亿 | $565亿 | -17.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $665亿 | $578亿 | +15.0% | $469亿 | $565亿 | -17.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $181亿 | $77.9亿 | +131.9% | -$96.1亿 | -$46.9亿 | -104.9% |
| Collateral Already Posted, Aggregate Fair Value | $19亿 | $19亿 | 0.0% | $15亿 | $19亿 | -21.1% |
| Common Stock, Capital Shares Reserved for Future Issuance | 5200万2025-12-31 | 5900万 | -11.9% | 5200万 | 5900万 | -11.9% |
| Common Stock, Dividends, Per Share, Declared | $0.52 | $0.50 | +4.0% | $2.04 | $1.98 | +3.0% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 40亿 | 40亿 | 0.0% | 40亿 | 40亿 | 0.0% |
| Common Stock, Shares, Issued | 21.3亿 | 21.3亿 | 0.0% | 21.3亿 | 21.3亿 | 0.0% |
| Common Stock, Shares, Outstanding | 16亿2025-12-31 | 16亿 | 0.0% | 16亿 | 16亿 | 0.0% |
| Common Stock, Value, Issued | $2100万 | $2100万 | 0.0% | $2100万 | $2100万 | 0.0% |
| Communications and Information Technology | $6.01亿 | $5.34亿 | +12.5% | $22.1亿 | $20.7亿 | +6.6% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $600万 | $600万 | 0.0% | $2600万 | $3000万 | -13.3% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $22.9亿 | $22.5亿 | +1.8% | $103亿 | $66.3亿 | +56.0% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $23亿 | $22.5亿 | +1.8% | $104亿 | $66.6亿 | +55.7% |
| Contractually Specified Servicing Fee, Late Fee, and Ancillary Fee Earned in Exchange for Servicing Financial Asset | $1.64亿 | $1.72亿 | -4.7% | $6.82亿 | $6.99亿 | -2.4% |
| Current Federal Tax Expense (Benefit) | $5.95亿2025-12-31 | $6.07亿 | -2.0% | $11.8亿 | $12.5亿 | -5.5% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $3600万 | $2000万 | +80.0% |
| Current Income Tax Expense (Benefit) | – | – | – | $16.1亿 | $15.5亿 | +4.0% |
| Current State and Local Tax Expense (Benefit) | $1.07亿2025-12-31 | $6500万 | +64.6% | $3.94亿 | $2.79亿 | +41.2% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $2.11亿 | $1.49亿 | +41.6% | $3.48亿 | $5800万 | +500.0% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $46.6亿 | $61.9亿 | -24.8% | $47.3亿 | $68.6亿 | -31.0% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer | $401亿 | $502亿 | -20.0% | $510亿 | $487亿 | +4.8% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | $45.1亿 | $57亿 | -21.0% | $45.4亿 | $65.2亿 | -30.4% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months | $161亿 | $197亿 | -18.5% | $22.6亿 | $263亿 | -91.4% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | $1.46亿 | $1.72亿 | -15.1% | $700万 | $3.24亿 | -97.8% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Amortized Cost | $935亿 | $963亿 | -2.9% | $950亿 | $928亿 | +2.4% |
| Debt Securities, Available-for-sale, Realized Gain | $300万 | $100万 | +200.0% | $2100万 | $1.47亿 | -85.7% |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | -$4900万 | -$5700万 | +14.0% | -$6100万 | -$1.54亿 | +60.4% |
| Debt Securities, Available-for-sale, Realized Loss | $5200万 | $5800万 | -10.3% | $8200万 | $3.01亿 | -72.8% |
| Debt Securities, Available-for-sale, Unrealized Loss Position | $562亿 | $699亿 | -19.6% | $533亿 | $750亿 | -29.0% |
| Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss | $46.5亿 | $58.7亿 | -20.8% | $45.5亿 | $68.5亿 | -33.6% |
| Debt Securities, Held-to-maturity, Accumulated Unrecognized Gain | $4200万 | $5200万 | -19.2% | $9900万 | $600万 | +1,550.0% |
| Debt Securities, Held-to-maturity, Accumulated Unrecognized Loss | $95.1亿 | $109亿 | -12.8% | $91.9亿 | $124亿 | -25.7% |
| Debt Securities, Held-to-maturity, Fair Value | $646亿 | $670亿 | -3.6% | $671亿 | $663亿 | +1.2% |
| DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss | $935亿 | $966亿 | -3.2% | $952亿 | $928亿 | +2.6% |
| DebtSecuritiesAvailableForSaleExcludingAccruedInterest | $891亿 | $906亿 | -1.6% | $908亿 | $860亿 | +5.6% |
| DebtSecuritiesAvailableForSaleWeightedAverageYield | 3.7% | 3.6% | +4.2% | 3.6% | 3.7% | -3.3% |
| DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest | $0 | $0 | – | $0 | $0 | – |
| DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss | $741亿 | $779亿 | -4.9% | $762亿 | $786亿 | -3.1% |
| DebtSecuritiesHeldToMaturityWeightedAverageYield | 2.4% | 2.3% | +2.2% | 2.3% | 2.2% | +6.4% |
| Deferred Federal Income Tax Expense (Benefit) | -$2.32亿2025-12-31 | -$2.66亿 | +12.8% | $2.09亿 | -$500万 | +4,280.0% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $0 | -$100万 | +100.0% |
| Deferred Income Tax Expense (Benefit) | – | – | – | $3.08亿 | $2900万 | +962.1% |
| Deferred State and Local Income Tax Expense (Benefit) | -$2400万2025-12-31 | $1300万 | -284.6% | $9900万 | $3500万 | +182.9% |
| Deferred Tax Assets, Equity Method Investments | $3.21亿2025-12-31 | $2.64亿 | +21.6% | $3.21亿 | $2.64亿 | +21.6% |
| Deferred Tax Assets, Gross | $91.4亿2025-12-31 | $107亿 | -14.6% | $91.4亿 | $107亿 | -14.6% |
| Deferred Tax Assets, Investments | $21.7亿2025-12-31 | $31.3亿 | -30.7% | $21.7亿 | $31.3亿 | -30.7% |
| Deferred Tax Assets, Net | $49.9亿2025-12-31 | $62.5亿 | -20.2% | $49.9亿 | $62.5亿 | -20.2% |
| Deferred Tax Assets, Operating Loss Carryforwards, Domestic | $25.2亿2025-12-31 | $27.7亿 | -9.1% | $25.2亿 | $27.7亿 | -9.1% |
| Deferred Tax Assets, Other | $3.31亿2025-12-31 | $3.83亿 | -13.6% | $3.31亿 | $3.83亿 | -13.6% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
数据截至 2026-11-01