USB U.S. Bancorp

company

SEC Filings & Insider Trading Activity 2026

Risk Factors

• • Cybersecurity key-person gap: permanent CISO departed November 2025; two deputy CISOs serving as interim co-CISOs while search continues
• • Third-party cybersecurity exposure: reliance on outsourced service providers with contractual assurances as primary risk mitigation, no quantified concentration disclosed
• • Share repurchase program authorized at $5.0B (Sept 2024); ~$4.4B remaining as of Q4 2025, subject to regulatory capital compliance constraints

Management Discussion & Analysis

• • Revenue $28.7B total net revenue in 2025, up $1.2B (4.4%) YoY; net interest income $16.6B (+2.2%), noninterest income $11.9B (+7.6%)
• • Efficiency ratio 58.6% vs 62.3% in 2024; ROA 1.12% vs 0.95%; ROE 13.0% vs 11.7%; net income $7.6B vs $6.3B
• • Noninterest expense $16.8B, down $351M (2.0%) YoY; technology costs up 6.6% to $2.2B; compensation down 2.2% to $10.3B
• • Capital returned $3.7B via dividends and buybacks; CET1 ratio 10.8% vs 10.6%; long-term debt up $2.8B to $60.8B
• • Jan 2026 announced BTIG acquisition for up to $1B; monitoring economic uncertainty from trade policy, inflation, and geopolitical risks

Business Overview

• • Diversified U.S. financial holding company offering banking, lending, payments, wealth management, and capital markets via 2,075 branches across 26 states
• • Pending acquisition of BTIG for up to $1B ($725M targeted at closing + up to $275M performance-contingent over 3 years), expanding institutional trading and investment banking capabilities
• • GENIUS Act signed July 2025 establishing stablecoin regulatory framework; permits USBNA subsidiaries to issue payment stablecoins — new digital asset pathway for the bank
• • Stress Capital Buffer reduced to 2.6% at Dec 31, 2025 from 3.1% at Dec 31, 2024; total deposits at USBNA $522.2B; workforce 68,520 employees globally
• • CFPB reduced staff by over 80% in 2025, materially shifting consumer protection regulatory landscape for USBNA's retail banking operations

What are the latest USB SEC filings in 2026?

U.S. Bancorp (USB) has filed a 10-K annual report on February 23, 2026, a 10-Q quarterly report on May 4, 2026, an 8-K current report on July 16, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did USB file its most recent 10-K annual report?

U.S. Bancorp (USB) filed its most recent 10-K annual report on February 23, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view USB 10-Q quarterly reports?

U.S. Bancorp (USB)'s most recent 10-Q quarterly report was filed on May 4, 2026. SignalX displays every USB 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has USB filed recently?

U.S. Bancorp (USB)'s most recent 8-K was filed on July 16, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find USB insider trading activity (Form 4)?

SignalX aggregates every USB Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does USB file with the SEC?

U.S. Bancorp (USB) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new USB filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for U.S. Bancorp (USB).

What is USB's SEC CIK number?

U.S. Bancorp (USB)'s SEC CIK (Central Index Key) number is 36104. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 36104 to look up all USB filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find USB return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from U.S. Bancorp (USB) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.