U.S. Bancorp reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported net interest income was USD 3,985 million compared to USD 4,634 million a year ago. Net income was USD 1,319 million compared to USD 1,698 million a year ago.

Basic earnings per share from continuing operations was USD 0.78 compared to USD 1.04 a year ago. Diluted earnings per share from continuing operations was USD 0.78 compared to USD 1.04 a year ago.