US BANCORP \DE\ Current Federal Tax Expense (Benefit)
US BANCORP \DE\ (USB) reported Current Federal Tax Expense (Benefit) of $1.18 billion for the 12-month period ending 2025-12-31, per its 10-K filed 2026-02-23.
Financial Statements › Expense Statement › Income Tax
us-gaap:CurrentFederalTaxExpenseBenefit · last filed 2026-02-23
- US BANCORP \DE\ current federal tax expense (benefit) for the quarter ending 2025-12-31 was $595.00M, a 1.98% decline year-over-year.
- US BANCORP \DE\ current federal tax expense (benefit) for the quarter ending 2025-09-30 was $332.00M, a 130.56% increase year-over-year.
- US BANCORP \DE\ current federal tax expense (benefit) for the quarter ending 2025-06-30 was $257.00M, a 19.94% decline year-over-year.
- US BANCORP \DE\ current federal tax expense (benefit) for the quarter ending 2025-03-31 was -$1.00M, a 100.56% decline year-over-year.
- US BANCORP \DE\ current federal tax expense (benefit) for fiscal 2025 was $1.18B, a 5.51% decline from fiscal 2024.
- US BANCORP \DE\ current federal tax expense (benefit) for fiscal 2024 was $1.25B, a 11.71% decline from fiscal 2023.
- US BANCORP \DE\ current federal tax expense (benefit) for fiscal 2023 was $1.42B, a 3.81% increase from fiscal 2022.
- US BANCORP \DE\ current federal tax expense (benefit) for fiscal 2022 was $1.37B, a 13.55% increase from fiscal 2021.
| Period end | Current Federal Tax Expense (Benefit) 3 month | Current Federal Tax Expense (Benefit) 6 month | Current Federal Tax Expense (Benefit) 9 month | Current Federal Tax Expense (Benefit) 12 month | Current Federal Tax Expense (Benefit) 12 month as first filed |
|---|---|---|---|---|---|
| 2025-12-31 | $595.00M derived: 10-K 12 month − 10-Q 9 month · filed 2026-02-23 | $927.00M derived: sum of 2 quarters · filed 2026-02-23 | $1.18B derived: sum of 3 quarters · filed 2026-02-23 | $1.18B 10-K · filed 2026-02-23 | |
| 2025-09-30 | $332.00M 10-Q · filed 2025-11-05 | $589.00M derived: sum of 2 quarters · filed 2025-11-05 | $588.00M 10-Q · filed 2025-11-05 | $1.20B derived: sum of 4 quarters · filed 2026-02-23 | |
| 2025-06-30 | $257.00M 10-Q · filed 2025-08-07 | $256.00M 10-Q · filed 2025-08-07 | $863.00M derived: sum of 3 quarters · filed 2026-02-23 | $1.01B derived: sum of 4 quarters · filed 2026-02-23 | |
| 2025-03-31 | -$1.00M 10-Q · filed 2025-05-06 | $606.00M derived: sum of 2 quarters · filed 2026-02-23 | $750.00M derived: sum of 3 quarters · filed 2026-02-23 | $1.07B derived: sum of 4 quarters · filed 2026-02-23 | |
| 2024-12-31 | $607.00M derived: 10-K 12 month − 10-Q 9 month · filed 2026-02-23 | $751.00M derived: sum of 2 quarters · filed 2026-02-23 | $1.07B derived: sum of 3 quarters · filed 2026-02-23 | $1.25B 10-K · filed 2026-02-23 | $1.27B 10-K · filed 2025-02-21 |
| 2024-09-30 | $144.00M 10-Q · filed 2025-11-05 | $465.00M derived: sum of 2 quarters · filed 2025-11-05 | $645.00M 10-Q · filed 2025-11-05 | $987.00M derived: sum of 4 quarters · filed 2026-02-23 | |
| 2024-06-30 | $321.00M 10-Q · filed 2025-08-07 | $501.00M 10-Q · filed 2025-08-07 | $843.00M derived: sum of 3 quarters · filed 2026-02-23 | $1.26B derived: sum of 4 quarters · filed 2026-02-23 | |
| 2024-03-31 | $180.00M 10-Q · filed 2025-05-06 | $522.00M derived: sum of 2 quarters · filed 2026-02-23 | $938.00M derived: sum of 3 quarters · filed 2026-02-23 | $1.20B derived: sum of 4 quarters · filed 2026-02-23 | |
| 2023-12-31 | $342.00M derived: 10-K 12 month − 10-Q 9 month · filed 2026-02-23 | $758.00M derived: sum of 2 quarters · filed 2026-02-23 | $1.02B derived: sum of 3 quarters · filed 2026-02-23 | $1.42B 10-K · filed 2026-02-23 | $1.43B 10-K · filed 2024-02-20 |
| 2023-09-30 | $416.00M 10-Q · filed 2024-11-05 | $679.00M derived: sum of 2 quarters · filed 2024-11-05 | $1.08B 10-Q · filed 2024-11-05 | $1.39B derived: sum of 4 quarters · filed 2025-02-21 | |
| 2023-06-30 | $263.00M 10-Q · filed 2024-08-06 | $660.00M 10-Q · filed 2024-08-06 | $974.00M derived: sum of 3 quarters · filed 2025-02-21 | $1.40B derived: sum of 4 quarters · filed 2025-02-21 | |
| 2023-03-31 | $397.00M 10-Q · filed 2024-05-01 | $711.00M derived: sum of 2 quarters · filed 2025-02-21 | $1.14B derived: sum of 3 quarters · filed 2025-02-21 | $1.36B derived: sum of 4 quarters · filed 2025-02-21 | |
| 2022-12-31 | $314.00M derived: 10-K 12 month − 10-Q 9 month · filed 2025-02-21 | $741.00M derived: sum of 2 quarters · filed 2025-02-21 | $962.00M derived: sum of 3 quarters · filed 2025-02-21 | $1.37B 10-K · filed 2025-02-21 | |
| 2022-09-30 | $427.00M 10-Q · filed 2023-11-01 | $648.00M derived: sum of 2 quarters · filed 2023-11-01 | $1.05B 10-Q · filed 2023-11-01 | $1.20B derived: sum of 4 quarters · filed 2024-02-20 | |
| 2022-06-30 | $221.00M 10-Q · filed 2023-08-07 | $625.00M 10-Q · filed 2023-08-07 | $771.00M derived: sum of 3 quarters · filed 2024-02-20 | $1.13B derived: sum of 4 quarters · filed 2024-02-20 | |
| 2022-03-31 | $404.00M 10-Q · filed 2023-05-08 | $550.00M derived: sum of 2 quarters · filed 2024-02-20 | $904.00M derived: sum of 3 quarters · filed 2024-02-20 | $1.25B derived: sum of 4 quarters · filed 2024-02-20 | |
| 2021-12-31 | $146.00M derived: 10-K 12 month − 10-Q 9 month · filed 2024-02-20 | $500.00M derived: sum of 2 quarters · filed 2024-02-20 | $850.00M derived: sum of 3 quarters · filed 2024-02-20 | $1.20B 10-K · filed 2024-02-20 | |
| 2021-09-30 | $354.00M 10-Q · filed 2022-11-01 | $704.00M derived: sum of 2 quarters · filed 2022-11-01 | $1.06B 10-Q · filed 2022-11-01 | $1.24B derived: sum of 4 quarters · filed 2023-02-27 | |
| 2021-06-30 | $350.00M 10-Q · filed 2022-08-04 | $703.00M 10-Q · filed 2022-08-04 | $883.00M derived: sum of 3 quarters · filed 2023-02-27 | $830.00M derived: sum of 4 quarters · filed 2023-02-27 | |
| 2021-03-31 | $353.00M 10-Q · filed 2022-05-03 | $533.00M derived: sum of 2 quarters · filed 2023-02-27 | $480.00M derived: sum of 3 quarters · filed 2023-02-27 | $1.18B derived: sum of 4 quarters · filed 2023-02-27 | |
| 2020-12-31 | $180.00M derived: 10-K 12 month − 10-Q 9 month · filed 2023-02-27 | $127.00M derived: sum of 2 quarters · filed 2023-02-27 | $831.00M derived: sum of 3 quarters · filed 2023-02-27 | $1.15B 10-K · filed 2023-02-27 | |
| 2020-09-30 | -$53.00M 10-Q · filed 2021-11-02 | $651.00M derived: sum of 2 quarters · filed 2021-11-02 | $966.00M 10-Q · filed 2021-11-02 | $1.13B derived: sum of 4 quarters · filed 2022-02-22 | |
| 2020-06-30 | $704.00M 10-Q · filed 2021-08-03 | $1.02B 10-Q · filed 2021-08-03 | $1.18B derived: sum of 3 quarters · filed 2022-02-22 | $1.59B derived: sum of 4 quarters · filed 2022-02-22 | |
| 2020-03-31 | $315.00M 10-Q · filed 2021-05-04 | $475.00M derived: sum of 2 quarters · filed 2022-02-22 | $889.00M derived: sum of 3 quarters · filed 2022-02-22 | $1.26B derived: sum of 4 quarters · filed 2022-02-22 | |
| 2019-12-31 | $160.00M derived: 10-K 12 month − 10-Q 9 month · filed 2022-02-22 | $574.00M derived: sum of 2 quarters · filed 2022-02-22 | $942.00M derived: sum of 3 quarters · filed 2022-02-22 | $1.16B 10-K · filed 2022-02-22 | |
| 2019-09-30 | $414.00M 10-Q · filed 2020-11-05 | $782.00M derived: sum of 2 quarters · filed 2020-11-05 | $1.00B 10-Q · filed 2020-11-05 | $1.36B derived: sum of 4 quarters · filed 2021-02-23 | |
| 2019-06-30 | $368.00M 10-Q · filed 2020-08-06 | $588.00M 10-Q · filed 2020-08-06 | $944.00M derived: sum of 3 quarters · filed 2021-02-23 | $1.33B derived: sum of 4 quarters · filed 2021-02-23 | |
| 2019-03-31 | $220.00M 10-Q · filed 2020-05-07 | $576.00M derived: sum of 2 quarters · filed 2021-02-23 | $961.00M derived: sum of 3 quarters · filed 2021-02-23 | $1.27B derived: sum of 4 quarters · filed 2021-02-23 | |
| 2018-12-31 | $356.00M derived: 10-K 12 month − 10-Q 9 month · filed 2021-02-23 | $741.00M derived: sum of 2 quarters · filed 2021-02-23 | $1.05B derived: sum of 3 quarters · filed 2021-02-23 | $1.29B 10-K · filed 2021-02-23 | |
| 2018-09-30 | $385.00M 10-Q · filed 2019-11-08 | $697.00M derived: sum of 2 quarters · filed 2019-11-08 | $931.00M 10-Q · filed 2019-11-08 | $1.54B derived: sum of 4 quarters · filed 2020-02-20 | |
| 2018-06-30 | $312.00M 10-Q · filed 2019-08-01 | $546.00M 10-Q · filed 2019-08-01 | $1.15B derived: sum of 3 quarters · filed 2020-02-20 | $1.61B derived: sum of 4 quarters · filed 2020-02-20 | |
| 2018-03-31 | $234.00M 10-Q · filed 2019-05-09 | $841.00M derived: sum of 2 quarters · filed 2020-02-20 | $1.30B derived: sum of 3 quarters · filed 2020-02-20 | $1.79B derived: sum of 4 quarters · filed 2020-02-20 | |
| 2017-12-31 | $607.00M derived: 10-K 12 month − 10-Q 9 month · filed 2020-02-20 | $1.06B derived: sum of 2 quarters · filed 2020-02-20 | $1.55B derived: sum of 3 quarters · filed 2020-02-20 | $2.09B 10-K · filed 2020-02-20 | |
| 2017-09-30 | $455.00M 10-Q · filed 2018-11-02 | $948.00M derived: sum of 2 quarters · filed 2018-11-02 | $1.48B 10-Q · filed 2018-11-02 | $2.43B derived: sum of 4 quarters · filed 2019-02-22 | |
| 2017-06-30 | $493.00M 10-Q · filed 2018-08-02 | $1.02B 10-Q · filed 2018-08-02 | $1.98B derived: sum of 3 quarters · filed 2019-02-22 | $2.69B derived: sum of 4 quarters · filed 2019-02-22 | |
| 2017-03-31 | $531.00M 10-Q · filed 2018-05-03 | $1.49B derived: sum of 2 quarters · filed 2019-02-22 | $2.20B derived: sum of 3 quarters · filed 2019-02-22 | $2.81B derived: sum of 4 quarters · filed 2019-02-22 | |
| 2016-12-31 | $954.00M derived: 10-K 12 month − 10-Q 9 month · filed 2019-02-22 | $1.67B derived: sum of 2 quarters · filed 2019-02-22 | $2.28B derived: sum of 3 quarters · filed 2019-02-22 | $2.58B 10-K · filed 2019-02-22 | |
| 2016-09-30 | $717.00M 10-Q · filed 2017-11-03 | $1.33B derived: sum of 2 quarters · filed 2017-11-03 | $1.63B 10-Q · filed 2017-11-03 | $2.23B derived: sum of 4 quarters · filed 2018-02-22 | |
| 2016-06-30 | $613.00M 10-Q · filed 2017-08-04 | $914.00M 10-Q · filed 2017-08-04 | $1.51B derived: sum of 3 quarters · filed 2018-02-22 | $2.07B derived: sum of 4 quarters · filed 2018-02-22 | |
| 2016-03-31 | $301.00M 10-Q · filed 2017-05-05 | $902.00M derived: sum of 2 quarters · filed 2018-02-22 | $1.46B derived: sum of 3 quarters · filed 2018-02-22 | $1.88B derived: sum of 4 quarters · filed 2018-02-22 | |
| 2015-12-31 | $601.00M derived: 10-K 12 month − 10-Q 9 month · filed 2018-02-22 | $1.16B derived: sum of 2 quarters · filed 2018-02-22 | $1.58B derived: sum of 3 quarters · filed 2018-02-22 | $1.96B 10-K · filed 2018-02-22 | |
| 2015-09-30 | $556.00M 10-Q · filed 2016-11-04 | $975.00M derived: sum of 2 quarters · filed 2016-11-04 | $1.35B 10-Q · filed 2016-11-04 | $1.91B derived: sum of 4 quarters · filed 2017-02-23 | |
| 2015-06-30 | $419.00M 10-Q · filed 2016-08-05 | $799.00M 10-Q · filed 2016-08-05 | $1.35B derived: sum of 3 quarters · filed 2017-02-23 | $1.78B derived: sum of 4 quarters · filed 2017-02-23 | |
| 2015-03-31 | $380.00M 10-Q · filed 2016-05-06 | $934.00M derived: sum of 2 quarters · filed 2017-02-23 | $1.36B derived: sum of 3 quarters · filed 2017-02-23 | $1.78B derived: sum of 4 quarters · filed 2017-02-23 | |
| 2014-12-31 | $554.00M derived: 10-K 12 month − 10-Q 9 month · filed 2017-02-23 | $977.00M derived: sum of 2 quarters · filed 2017-02-23 | $1.40B derived: sum of 3 quarters · filed 2017-02-23 | $1.89B 10-K · filed 2017-02-23 | |
| 2014-09-30 | $423.00M 10-Q · filed 2015-11-04 | $844.00M derived: sum of 2 quarters · filed 2015-11-04 | $1.33B 10-Q · filed 2015-11-04 | $1.71B derived: sum of 4 quarters · filed 2016-02-25 | |
| 2014-06-30 | $421.00M 10-Q · filed 2015-08-05 | $911.00M 10-Q · filed 2015-08-05 | $1.29B derived: sum of 3 quarters · filed 2016-02-25 | $1.68B derived: sum of 4 quarters · filed 2016-02-25 | |
| 2014-03-31 | $490.00M 10-Q · filed 2015-05-06 | $869.00M derived: sum of 2 quarters · filed 2016-02-25 | $1.26B derived: sum of 3 quarters · filed 2016-02-25 | $1.89B derived: sum of 4 quarters · filed 2016-02-25 | |
| 2013-12-31 | $379.00M derived: 10-K 12 month − 10-Q 9 month · filed 2016-02-25 | $769.00M derived: sum of 2 quarters · filed 2016-02-25 | $1.40B derived: sum of 3 quarters · filed 2016-02-25 | $1.89B 10-K · filed 2016-02-25 | |
| 2013-09-30 | $390.00M 10-Q · filed 2014-11-06 | $1.02B derived: sum of 2 quarters · filed 2014-11-06 | $1.51B 10-Q · filed 2014-11-06 | $1.94B derived: sum of 4 quarters · filed 2015-02-27 | |
| 2013-06-30 | $626.00M 10-Q · filed 2014-08-06 | $1.12B 10-Q · filed 2014-08-06 | $1.55B derived: sum of 3 quarters · filed 2015-02-27 | $2.01B derived: sum of 4 quarters · filed 2015-02-27 | |
| 2013-03-31 | $490.00M 10-Q · filed 2014-05-07 | $927.00M derived: sum of 2 quarters · filed 2015-02-27 | $1.39B derived: sum of 3 quarters · filed 2015-02-27 | $1.94B derived: sum of 4 quarters · filed 2015-02-27 | |
| 2012-12-31 | $437.00M derived: 10-K 12 month − 10-Q 9 month · filed 2015-02-27 | $898.00M derived: sum of 2 quarters · filed 2015-02-27 | $1.45B derived: sum of 3 quarters · filed 2015-02-27 | $1.85B 10-K · filed 2015-02-27 | |
| 2012-09-30 | $461.00M 10-Q · filed 2013-11-01 | $1.01B derived: sum of 2 quarters · filed 2013-11-01 | $1.42B 10-Q · filed 2013-11-01 | $1.42B derived: sum of 4 quarters · filed 2014-02-21 | |
| 2012-06-30 | $551.00M 10-Q · filed 2013-08-07 | $955.00M 10-Q · filed 2013-08-07 | $955.00M derived: sum of 3 quarters · filed 2014-02-21 | $1.41B derived: sum of 4 quarters · filed 2014-02-21 | |
| 2012-03-31 | $404.00M 10-Q · filed 2013-05-03 | $404.00M derived: sum of 2 quarters · filed 2014-02-21 | $854.00M derived: sum of 3 quarters · filed 2014-02-21 | $905.00M derived: sum of 4 quarters · filed 2014-02-21 | |
| 2011-12-31 | $0.00 derived: 10-K 12 month − 10-Q 9 month · filed 2014-02-21 | $450.00M derived: sum of 2 quarters · filed 2014-02-21 | $501.00M derived: sum of 3 quarters · filed 2014-02-21 | $907.00M 10-K · filed 2014-02-21 | |
| 2011-09-30 | $450.00M 10-Q · filed 2012-11-05 | $501.00M derived: sum of 2 quarters · filed 2012-11-05 | $907.00M 10-Q · filed 2012-11-05 | $1.24B derived: sum of 4 quarters · filed 2013-02-22 | |
| 2011-06-30 | $51.00M 10-Q · filed 2012-08-03 | $457.00M 10-Q · filed 2012-08-03 | $794.00M derived: sum of 3 quarters · filed 2013-02-22 | $1.11B derived: sum of 4 quarters · filed 2013-02-22 | |
| 2011-03-31 | $406.00M 10-Q · filed 2011-05-06 | $743.00M derived: sum of 2 quarters · filed 2013-02-22 | $1.06B derived: sum of 3 quarters · filed 2013-02-22 | $1.36B derived: sum of 4 quarters · filed 2013-02-22 | |
| 2010-12-31 | $337.00M derived: 10-K 12 month − 10-Q 9 month · filed 2013-02-22 | $650.00M derived: sum of 2 quarters · filed 2013-02-22 | $951.00M derived: sum of 3 quarters · filed 2013-02-22 | $1.10B 10-K · filed 2013-02-22 | |
| 2010-09-30 | $313.00M 10-Q · filed 2011-11-04 | $614.00M derived: sum of 2 quarters · filed 2011-11-04 | $768.00M 10-Q · filed 2010-11-08 | $522.00M derived: sum of 4 quarters · filed 2012-02-23 | |
| 2010-06-30 | $301.00M 10-Q · filed 2010-08-06 | $455.00M 10-Q · filed 2010-08-06 | $209.00M derived: sum of 3 quarters · filed 2012-02-23 | $536.00M derived: sum of 4 quarters · filed 2012-02-23 | |
| 2010-03-31 | $154.00M 10-Q · filed 2011-05-06 | -$92.00M derived: sum of 2 quarters · filed 2012-02-23 | $235.00M derived: sum of 3 quarters · filed 2012-02-23 | $545.00M derived: sum of 4 quarters · filed 2012-02-23 | |
| 2009-12-31 | -$246.00M derived: 10-K 12 month − 10-Q 9 month · filed 2012-02-23 | $81.00M derived: sum of 2 quarters · filed 2012-02-23 | $391.00M derived: sum of 3 quarters · filed 2012-02-23 | $765.00M 10-K · filed 2012-02-23 | |
| 2009-09-30 | $327.00M 10-Q · filed 2010-11-08 | $637.00M derived: sum of 2 quarters · filed 2010-11-08 | $1.01B 10-Q · filed 2010-11-08 | ||
| 2009-06-30 | $310.00M 10-Q · filed 2010-08-06 | $684.00M 10-Q · filed 2010-08-06 | |||
| 2008-12-31 | $1.83B 10-K · filed 2011-02-28 |
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