US Bancorp (0LHY.L) Q1 2025 Earnings Report

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US Bancorp

0LHY.L

$51.43 0.86%

Exchange: LSE | Sector: Financial Services | Industry: Banks

Q1 2025

Published: May 6, 2025

Earnings Highlights

Revenue of $10.35B down 1.1% year-over-year
EPS of $1.03 increased by 32.1% from previous year
Gross margin of 61.7%
Net income of 1.71B
""Our commitment to digital transformation is yielding positive results with increased customer engagement and operational efficiencies."" - Andrew Cecere, CEO

0LHY.L

US Bancorp

Period Q1 2025

Currency USD

Report Type Quarterly Earnings

Generated Dec 8, 2025

Executive Summary

In Q1 2025, US Bancorp reported a revenue of $10.352 billion, driven by strong operating income of $2.159 billion and net income growth of 29.57% year-over-year. Despite a slight dip in revenue from the previous quarter, the company demonstrated robust resilience with an operating income margin of 20.86% and a net profit margin of 16.51%. CEO Andrew Cecere highlighted the company's ability to manage costs effectively while navigating a challenging macroeconomic landscape, indicating strong positioning for future growth.

The bank's focus on enhancing digital services and expanding its consumer and business banking segments has started to bear fruit, as evidenced by positive feedback during the earnings call. Management's forward-looking comments suggest optimism regarding economic recovery and an intent to leverage existing strategic initiatives to capture market opportunities.

Key Performance Indicators

Revenue

Decreasing

10.35B

QoQ: -2.93% | YoY: -1.07%

Gross Profit

Increasing

6.39B

61.74% margin

QoQ: -0.44% | YoY: 4.22%

Operating Income

Increasing

2.16B

QoQ: 2.42% | YoY: 29.05%

Net Income

Increasing

1.71B

QoQ: 2.77% | YoY: 29.57%

EPS

Increasing

1.03

QoQ: 1.98% | YoY: 32.05%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue Performance: US Bancorp recorded a revenue of $10.352 billion, marking a 1.07% decline year-on-year and a 2.93% decrease quarter-on-quarter.

Profitability: The gross profit stood at $6.391 billion, indicating a slight increase of 4.22% YoY but a marginal decrease of 0.44% QoQ. The operating income surged 29.05% YoY, reflecting effective cost management strategies amidst increased operational efficiencies.

Net Income: Net income reached $1.709 billion, delivering a 29.57% improvement YoY, demonstrating the bank's strong profitability via enhanced interest income.

EPS: Earnings per share (EPS) reported at $1.03, representing a remarkable 32.05% increase YoY.

This robust performance continues to underscore US Bancorp's effective operational management and strategic direction, positioning it well against competitors in the banking sector.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	10.35B	-1.07%	-2.93%
Gross Profit	6.39B	4.22%	-0.44%
Operating Income	2.16B	29.05%	2.42%
Net Income	1.71B	29.57%	2.77%
EPS	1.03	32.05%	1.98%

Key Financial Ratios

Operating Profit Margin

Good

20.90%

Operating margin is healthy and competitive within industry standards

Net Profit Margin

Good

16.50%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Weak

0.25%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

2.84%

Return on equity suggests inefficient capital allocation

Debt to Equity

High Risk

1.28

Debt-to-equity indicates high leverage and elevated financial risk

P/E Ratio

Value

9.54x

P/E ratio suggests potential undervaluation or stable earnings

Price to Book

Fair Value

1.09x

Price-to-book ratio reasonable for profitable companies

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2025	7,604.00	1.11	-29.6%	View
Q1 2025	10,352.00	1.03	-1.1%	View
Q4 2024	10,664.00	1.01	+2.7%	View
Q3 2024	10,784.00	1.03	+2.5%	View
Q2 2024	10,800.00	0.97	+5.4%	View

US Bancorp (0LHY.L) Q1 2025 Earnings Report

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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