US Bancorp

Q2 FY2026 EarningsQ2 FY26 revenue hit a record $7.7B, up 10.1% YoY and 5.8% QoQ, driven by a 7.5% increase in Net Interest Income and a 13.7% jump in noninterest income following the BTIG acquisition. Net income rose 20% YoY to $2.18B, with diluted EPS at $1.35, up 22%. Net interest margin expanded to 2.79% from 2.66% YoY. Credit quality improved as the net charge-off ratio fell to 0.53%, while the CET1 capital ratio remained stable at 10.8%.