U.S. Bancorp (USB) released its Q2 2025 financial results before the market opened.
The company reported revenue of $6.98 billion and adjusted earnings of $1.11 per share for the quarter.
Revenue came in below estimates of $7.05 billion, while earnings surpassed expectations of $1.07 per share.
Compared with the same quarter last year, revenue rose by approximately 2.1%, up from $6.84 billion.
Earnings increased by about 13.3% compared to $0.98 per share in Q2 2024.
The company reaffirmed its FY 2025 revenue outlook in the range of $28.43 billion to $28.98 billion, consistent with estimates of $28.42 billion.