U.S. Bancorp Reports Q2 2025 Earnings, CEO to Host Conference Call

U.S. Bancorp reported Q2 2025 results, with earnings release and slide presentation available online. President and CEO Gunjan Kedia and CFO John Stern will host a conference call to review the financial results. The bank has approximately 70,000 employees and $676 billion in assets. U.S. Bancorp has been recognized for digital innovation, community partnerships, and customer service.

U.S. Bancorp, a leading financial services provider, has released its second-quarter 2025 results. The earnings release and slide presentation are available online at U.S. Bancorp’s investor relations website [1]. The bank's President and CEO, Gunjan Kedia, and Vice Chair and CFO, John Stern, will host a conference call at 7 a.m. Central Time on July 17, 2025, to discuss the financial results [2]. The call will be accessible online or by telephone.

U.S. Bancorp, with approximately 70,000 employees and $676 billion in assets as of March 31, 2025, serves millions of customers locally, nationally, and globally through a diversified mix of businesses, including consumer banking, business banking, commercial banking, institutional banking, payments, and wealth management [3].

The earnings release indicates that U.S. Bancorp has been recognized for its digital innovation, community partnerships, and customer service. The bank continues to focus on these areas to enhance its offerings and improve customer satisfaction.

The results show that U.S. Bancorp is expected to witness year-over-year increases in quarterly revenues and earnings. The company benefited from lower expenses, higher non-interest income, and a rise in net interest income (NII) in the first quarter [2]. The Federal Reserve kept interest rates unchanged at 4.25-4.5% in the second quarter of 2025, which positively impacted USB’s NII.

Management expects NII for the second quarter of 2025 to be in the range of $4.1-$4.2 billion, with a consensus estimate of $4.01 billion, indicating a marginal increase from the prior quarter’s reported figure [2].

The company also saw improvements in its lending activity, driven by a resilient labor market and easing inflation. The Zacks Consensus Estimate of $611.2 million for average earning assets indicates a marginal sequential increase [2].

Non-interest income also saw growth in the second quarter, with heightened market volatility and client activity. Trading volumes across equity derivatives and corporate bonds exhibited growth, reflecting heightened market activity and investor engagement [2].

The Zacks Consensus Estimate for total non-interest income is pegged at $2.93 billion, indicating a sequential rise of 3.3%. Management expects total non-interest income to be $2.9 billion in the second quarter of 2025 [2].

Expenses are expected to have kept the expense base elevated in the second quarter, but prudent expense management is likely to have offset the increase [2].

The Zacks Consensus Estimate for non-performing loans is pegged at $1.72 billion, indicating a rise of 1.8% from the prior quarter’s reported figure [2].

U.S. Bancorp has an impressive earnings surprise history, with earnings beat estimates in the trailing four quarters, the surprise being 2.52% on average [2]. The chances of U.S. Bancorp beating estimates this time are high, given the positive Earnings ESP and Zacks Rank [2].

The consensus estimate for second-quarter 2025 revenues is pegged at $7.06 billion, indicating a rise of 3.3% from the year-ago reported figure. The consensus estimate for second-quarter 2025 earnings is pegged at $1.07, indicating an increase of 9.2% from the year-ago reported number [2].

U.S. Bancorp is up 5.9% during the last month and is heading into earnings with an average analyst price target of $52.83 (compared to the current share price of $45.70) [1].

References:
[1] https://finance.yahoo.com/news/u-bancorp-usb-q2-earnings-030337159.html
[2] https://www.nasdaq.com/articles/higher-nii-non-interest-income-aid-us-bancorps-q2-earnings
[3] https://www.stocktitan.net/news/USB/u-s-bancorp-reports-second-quarter-2025-6azzl9j7vvf7.html