US Bancorp : FR Y-9LP Reports at March 31, 2026

Published: 2026-05-07 14:10:12 ET USB

Published on 05/07/2026 at 02:10 pm EDT

Board of Governors of the Federal Reserve System

FR Y-9LP

OMB Number 7100-0128

Approval expires December 31, 2027

Page 1 of 10

Report at the close of business as of the last calendar day of the quarter

This Report is required by law: Section 5(c) of the BHC Act companies are holding companies with total consolidated (12 U.S.C. § 1844(c)), section 10 of Home Owners' Loan Act assets of $3 billion or more, or holding companies that meet certain (HOLA) (12 U.S.C. § 1467a(b)), section 618 of the Dodd-Frank criteria, regardless of size. When such holding companies are tiered Act (12 U.S.C. § 1850a(c)(1)), section 165 of the Dodd-Frank Act holding companies, separate reports are also to be filed by each (12 U.S.C. § 5365), and section 252.153(b)(2) of Regulation YY of the subsidiary holding companies. The Federal Reserve may (12 CFR 252.153(b)(2)). not conduct or sponsor, and an organization (or a person) is not

required to respond to, a collection of information unless it displays This report form is to be filed by the parent company of large a currently valid OMB control number.

holding companies. For purposes of this report, large holding

NOTE: The Parent Company Only Financial Statements for Large Holding Companies must be signed and attested by the Chief Financial Officer (CFO) of the reporting holding company (or by the individual performing this equivalent function).

I, the undersigned CFO (or equivalent) of the named holding company, attest that the Parent Company Only Financial Statements for Large Holding Companies for this report date have been prepared in conformance with the instructions issued by the Federal Reserve System and are true and correct to the best of my knowledge and belief.

Date of Report: March 31, 2026

Month / Day / Year (BHCP 9999)

CONF U.S. Bancorp

Printed Name of Chief Financial Officer (or Equivalent) (BHCP C490) Legal Title of Holding Company (RSSD 9017)

800 Nicollet Mall

Signature of Chief Financial Officer (or Equivalent) (BHCP H321) (Mailing Address of the Holding Company) Street / P.O. Box (RSSD 9110)

05/07/2026 Minneapolis MN 55402-7020

Date of Signature (MM/DD/YYYY) (BHPX J196) City (RSSD 9130) State (RSSD 9200) Zip Code (RSSD 9220)

Holding companies must maintain in their files a manually signed and attested printout of the data submitted.

Person to whom questions about this report should be directed:

CONF

Name / Title (BHPX 8901)

For Federal Reserve Bank Use Only

RSSD ID

C.I. S.F.

CONF

Area Code / Phone Number (BHPX 8902)

CONF

Area Code / FAX Number (BHPX 9116)

CONF

E-mail Address of Contact (BHPX 4086)

0=No

1=Yes

BHCP

C447

Is confidential treatment requested for any portion of this report submission?....................

In accordance with the General Instructions for this report (check only one),

a letter justifying this request is being provided along

with the report (BHCP KY38)..........................................................

a letter justifying this request has been provided

separately (BHCP KY38) ...............................................................

Public reporting burden for this information collection is estimated to vary from 2 to 13.5 hours per response, with an average of 5.25 hours per response, including time to gather and maintain data in the required form and to review instructions and complete the information collection. Comments regarding this burden estimate or any other aspect of this information collection, including suggestions for reducing the burden, may be sent to Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551, and to the Office of Management and Budget, Paperwork Reduction Project (7100-0128), Washington, DC 20503.

U.S. Bancorp

Name of Holding Company

FR Y-9LP

For Federal Reserve Bank Use Only

RSSD ID

C.I. S.F.

Page 2 of 10

Report at the close of business 03/31/2026

MM / DD / YYYY

Report the Income Statement on a calendar year-to-date basis.

BHCP

Amount

0508

1,750,000

0512

338,284

0515

524

0518

0520

2,088,808

1275

2,150

1276

2,614

1277

1278

1279

4,782

0206

N/A

0207

N/A

0208

N/A

0209

N/A

0210

N/A

4091

0447

1,949

4000

2,095,539

4135

2,057

4073

423,541

JJ33

0522

41,054

4130

466,652

HT69

1,628,887

HT70

4250

1,628,887

4302

(20,400)

FT28

0496

1,649,287

3156

245,505

3147

50,208

3513

4340

1,945,000

Dollar Amounts in Thousands

Operating Income:

Income from bank subsidiaries and associated banks, excluding equity in undistributed income:

Dividends .....................................................................................................................................................

Interest .........................................................................................................................................................

Management and service fees .....................................................................................................................

Other ............................................................................................................................................................

Total (sum of items 1.a(1) through 1.a(4)) ...................................................................................................

Income from nonbank subsidiaries and associated nonbank companies, excluding equity in undistributed income:

Dividends .....................................................................................................................................................

Interest .........................................................................................................................................................

Management and service fees .....................................................................................................................

Other ............................................................................................................................................................

Total (sum of items 1.b(1) through 1.b(4)) ...................................................................................................

(This item is to be completed only by holding companies that have subsidiary holding companies or associated holding companies.)

Income from subsidiary holding companies and associated holding companies, excluding equity in undistributed income:

Dividends .....................................................................................................................................................

Interest .........................................................................................................................................................

Management and service fees .....................................................................................................................

Other ............................................................................................................................................................

Total (sum of items 1.c(1) through 1.c(4)) ...................................................................................................

Securities gains/(losses) ....................................................................................................................................

All other operating income .................................................................................................................................

Total operating income (sum of items 1.a(5), 1.b(5), 1.c(5), 1.d, and 1.e) .........................................................

Operating expense:

Salaries and employee benefits ........................................................................................................................

Interest expense ................................................................................................................................................

Provision for credit losses(1)..............................................................................................................................

All other expenses .............................................................................................................................................

Total operating expense (sum of items 2.a through 2.d) ...................................................................................

a. Income (loss) before change in net unrealized holding gains (losses) on equity securities not

1.a.(1)

1.a.(2)

1.a.(3)

1.a.(4)

1.a.(5)

1.b.(1)

1.b.(2)

1.b.(3)

1.b.(4)

1.b.(5)

1.c.(1)

1.c.(2)

1.c.(3)

1.c.(4)

1.c.(5)

1.d.

1.e.

1.f.

2.a.

2.b.

2.c.

2.d.

2.e.

held for trading, applicable income taxes, and discontinued operations (item1.f minus item 2.e).....................

3.a.

b. Change in net unrealized holding gains (losses) on equity securities not held for trading (2).............................

3.b.

c. Income (loss) before applicable income taxes, discontinued operations and undistributed income

(sum of items 3.a and 3.b) .................................................................................................................................

3.c.

4. Applicable income taxes ........................................................................................................................................

5. Discontinued operations, net of applicable income taxes ......................................................................................

6. Income (loss) before undistributed income of subsidiaries and associated companies

(sum of items 3.c and 5 minus item 4) ...................................................................................................................

Equity in undistributed income (losses) of subsidiaries and associated companies:

Bank ..................................................................................................................................................................

Nonbank ............................................................................................................................................................

Subsidiary holding companies ...........................................................................................................................

Net Income (loss) (sum of items 6, 7.a, 7.b, and 7.c).............................................................................................

7.a.

7.b.

7.c.

Holding companies should report in item 2.c. the provisions for credit losses for all financial assets and off-balance-sheet credit exposures.

Item 3.b is to be completed by all holding companies. See the instructions for this item and the FR Y-9C Glossary entry for "Securities Activities" for further detail on accounting for investments in equity securities.

BHCP

Amount

4647

4635

4605

C254

J980

Dollar Amounts in Thousands

Noncash items included in operating expense ...............................................................................................

Loan and lease financing receivables charged-off .........................................................................................

Loan and lease financing receivables recoveries ..........................................................................................

Interest expense paid to special-purpose subsidiaries that issued trust preferred securities

(included in item 2.d above) ...........................................................................................................................

Memorandum item 5 is to be completed by holding companies that have elected to account for financial instruments or servicing assets and liabilities at fair value under a fair value option.

Net change in fair values of financial instruments accounted for under a fair value option ...........................

FR Y-9LP

Page 3 of 10

M.1.

M.2.

M.3.

M.4.

M.5.

INSTRUCTIONS MUST BE REVIEWED AS THIS SCHEDULE REQUIRES NEGATIVE ENTRIES FOR CERTAIN REPORTED ITEMS. FR Y-9LP

Page 4 of 10

BHCP

Amount

BHPA

4340

1,945,000

BHCP

3611

(5,304)

3612

3613

(295,713)

3615

(1,347)

3616

(80,317)

3617

(21,109)

3618

(403,790)

3619

1,541,210

Part I. Cash Flows from Operating Activities:

Dollar Amounts in Thousands

Net income (loss) (must equal Schedule PI, item 8) .....................................................................

Adjustments to reconcile net income to net cash provided by operating activities:

Provision for deferred income taxes .........................................................................................

(Gain) or loss on sales of assets ..............................................................................................

Equity in undistributed (earnings) losses of subsidiaries..........................................................

Not applicable.

Net change in other liabilities ...................................................................................................

Net change in other assets ......................................................................................................

Other, net .................................................................................................................................

Total adjustments (sum of items 2.a through 2.g) ....................................................................

Net cash provided (used) by operating activities (sum of Part I, items 1 and 2.h) ........................

BHCP

Amount

Part II. Cash Flows from Investing Activities:

(sum of Part II, items 2, 2.a, 4, 6, and 7 minus items 1, 1.a, 3, and 5) ..........................................

6552

HU25

6567

397

HU26

6571

15,008,842

6573

12,537,393

F737

F817

6588

6589

(2,471,034)

Purchases of held-to-maturity and available-for-sale securities ....................................................

Purchases of equity securities with readily determinable fair value (1) ......................................

Sales and maturities of held-to-maturity and available-for-sale securities ....................................

Sales and maturities of equity securities with readily determinable fair value(1) .......................

Payments for investments in and advances to subsidiaries ..........................................................

Sale or repayment of investments in and advances to subsidiaries ..............................................

Outlays for business acquisitions...................................................................................................

Proceeds from business divestitures .............................................................................................

Other, net ......................................................................................................................................

Net cash provided (used) by investing activities

BHCP

Amount

Part III. Cash Flows from Financing Activities:

(sum of Part III, items 1, 3, 5, 7, 9, and 12 minus items 4, 6, 8, 10, and 11) .................................

F818

6592

6596

6600

2,555,000

6604

54,815

6607

16,000

8518

276,000

6619

6741

6742

884,000

6743

6744

1,356,185

Net change in purchased funds and other short-term borrowings ................................................

Not applicable.

Proceeds from advances from subsidiaries ..................................................................................

Repayment of advances from subsidiaries ...................................................................................

Proceeds from issuance of long-term debt ....................................................................................

Repayment of long-term debt ........................................................................................................

Proceeds from issuance of common stock ....................................................................................

Payment to repurchase common stock .........................................................................................

Proceeds from issuance of preferred stock ...................................................................................

Payment to repurchase preferred stock ........................................................................................

Dividends paid ...............................................................................................................................

Other, net ......................................................................................................................................

Net cash provided (used) by financing activities

BHCP

Amount

Part IV. Cash and Cash Equivalents:

(sum of Part I, item 3, Part II, item 8, and Part III, item 13) ...........................................................

6758

426,361

6773

9,874,865

6775

10,301,226

Net (decrease) increase in cash and cash equivalents

Cash and cash equivalents at beginning of year ...........................................................................

Cash and cash equivalents, current year-to-date (sum of Part IV, items 1 and 2) ........................

2.a.

2.b.

2.c.

2.e.

2.f.

2.g.

2.h.

1.a.

To be completed by all holding companies. See the instructions for this item and the FR Y-9C Glossary entry for "Securities Activities" for further detail on accounting for investments in equity securities.

FR Y-9LP

Page 5 of 10

Dollar Amounts in Thousands

BHCP

Amount

Assets

Cash and balances due from depository institutions:

Balances with subsidiary or affiliated depository institutions ............................................................

Balances with unrelated depository institutions ................................................................................

Securities: (1)

U.S. Treasury securities ....................................................................................................................

Securities of U.S. Government agencies and corporations and securities issued by

states and political subdivisions ........................................................................................................

Other debt and equity securities .......................................................................................................

Securities purchased under agreements to resell (2)..............................................................................

Loans and lease financing receivables:

Loans:

To U.S. addressees (domicile) ....................................................................................................

To non-U.S. addressees (domicile) .............................................................................................

LESS: Unearned income on loans ....................................................................................................

Loans, held for investment and held for sale (sum of items 4.a(1) and 4.a(2) minus item 4.b).........

Lease financing receivables, net of unearned income ......................................................................

LESS: Allowance for credit losses on loans and leases.................................................................

Loans and leases, held for investment and held for sale, net of allowance (sum of items 4.c

and 4.d minus item 4.e)…..................................................................................................................

Investments in and receivables due from subsidiaries and associated companies

(from Schedule PC-A, item 4) ...............................................................................................................

Premises and fixed assets (includingright-of-use assets) ...................................................................

Intangible assets (other than reported in item 5 above):

Goodwill ............................................................................................................................................

Mortgage servicing assets ................................................................................................................

Other identifiable intangibles .............................................................................................................

Other assets (2).......................................................................................................................................

Balances due from related institutions, other than investments:

Related banks ...................................................................................................................................

Related nonbank companies ............................................................................................................

Related holding companies ...............................................................................................................

TOTAL ASSETS (sum of items 1.a through 3, and 4.f through 9.c above) .........................................

5993

10,301,226

0010

0400

651,437

6791

9,187

1299

0277

0362

0363

2123

0364

2165

3123

2125

0365

94,902,223

2145

3163

3164

3165

2160

865,752

3602

3603

3604

2170

106,729,825

1.a.

1.b.

2.a.

2.b.

2.c.

4.a.(1)

4.a.(2)

4.b.

4.c.

4.d.

4.e.

4.f.

7.a.

7.b.

7.c.

9.a.

9.b.

9.c.

10.

Holding companies should report held-to-maturity securities net of any applicable allowance for credit loss.

Holding companies should report in items 3 and 8 amounts net of any applicable allowance for credit loss.

Disclaimer

U.S. Bancorp published this content on May 07, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 07, 2026 at 18:09 UTC.