U.S. Bancorp (USB) — Net Asset Quality Index

Latest as of September 2025: 9.2%

U.S. Bancorp (USB) has a Net Asset Quality Index of 9.2% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $695.36 Billion minus total liabilities of $631.56 Billion yields net assets of $63.80 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check U.S. Bancorp asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

9.2%
Equity / Total Assets

Net Assets

$63.80 Billion
USD

Total Assets

$695.36 Billion
USD

Total Liabilities

$631.56 Billion
USD

U.S. Bancorp Net Asset Quality Index Over Time (1989–2024)

This chart shows how U.S. Bancorp's Net Asset Quality Index has evolved across 36 annual periods from 1989 to 2024. As of September 2025, the index stands at 9.2%, representing net assets of $63.80 Billion against total assets of $695.36 Billion USD. See U.S. Bancorp (USB) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for U.S. Bancorp (1989–2024)

The table below presents the year-by-year Net Asset Quality Index for U.S. Bancorp from 1989 to 2024, covering 36 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see U.S. Bancorp stock valuation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2024 8.7% $59.04 Billion $678.32 Billion $619.28 Billion ▲ +0.3 pp
2023 8.4% $55.77 Billion $663.49 Billion $607.72 Billion ▲ +0.8 pp
2022 7.6% $51.23 Billion $674.80 Billion $623.57 Billion ▼ -2.1 pp
2021 9.7% $55.39 Billion $573.28 Billion $517.90 Billion ▼ 0.0 pp
2020 9.7% $53.73 Billion $553.90 Billion $500.18 Billion ▼ -0.9 pp
2019 10.6% $52.48 Billion $495.43 Billion $442.94 Billion ▼ -0.5 pp
2018 11.1% $51.66 Billion $467.37 Billion $415.72 Billion ▲ +0.3 pp
2017 10.7% $49.67 Billion $462.04 Billion $412.37 Billion ▲ +0.0 pp
2016 10.7% $47.93 Billion $445.96 Billion $398.03 Billion ▼ -0.3 pp
2015 11.1% $46.82 Billion $421.85 Billion $375.04 Billion ▲ +0.1 pp
2014 11.0% $44.17 Billion $402.53 Billion $358.36 Billion ▼ -0.5 pp
2013 11.5% $41.81 Billion $364.02 Billion $322.21 Billion ▲ +0.1 pp
2012 11.4% $40.27 Billion $353.86 Billion $313.59 Billion ▲ +1.1 pp
2011 10.3% $34.97 Billion $340.12 Billion $305.15 Billion ▲ +0.4 pp
2010 9.9% $30.32 Billion $307.79 Billion $277.46 Billion ▲ +0.4 pp
2009 9.5% $26.66 Billion $281.18 Billion $254.51 Billion ▼ -0.7 pp
2008 10.2% $27.03 Billion $265.91 Billion $238.88 Billion ▲ +1.3 pp
2007 8.9% $21.05 Billion $237.62 Billion $216.57 Billion ▼ -0.8 pp
2006 9.7% $21.20 Billion $219.23 Billion $198.03 Billion ▲ +0.1 pp
2005 9.6% $20.09 Billion $209.47 Billion $189.38 Billion ▼ -0.4 pp
2004 10.0% $19.54 Billion $195.10 Billion $175.56 Billion ▼ -0.1 pp
2003 10.2% $19.24 Billion $189.47 Billion $170.23 Billion ▲ +0.1 pp
2002 10.1% $18.10 Billion $180.03 Billion $161.93 Billion ▲ +0.5 pp
2001 9.6% $16.46 Billion $171.39 Billion $154.93 Billion ▲ +0.4 pp
2000 9.2% $15.17 Billion $164.92 Billion $149.75 Billion ▼ -0.2 pp
1999 9.4% $7.64 Billion $81.53 Billion $73.89 Billion ▲ +0.5 pp
1998 8.9% $6.60 Billion $74.28 Billion $67.67 Billion ▲ +0.5 pp
1997 8.4% $2.75 Billion $32.86 Billion $30.11 Billion ▼ -0.1 pp
1996 8.5% $855.10 Million $10.09 Billion $9.24 Billion ▼ -0.1 pp
1995 8.6% $820.20 Million $9.57 Billion $8.75 Billion ▲ +0.9 pp
1994 7.6% $718.20 Million $9.39 Billion $8.67 Billion ▼ -0.9 pp
1993 8.5% $2.25 Billion $26.39 Billion $24.14 Billion ▼ -0.2 pp
1992 8.7% $2.32 Billion $26.62 Billion $24.31 Billion ▲ +0.4 pp
1991 8.4% $555.00 Million $6.65 Billion $6.09 Billion ▲ +0.4 pp
1990 7.9% $500.00 Million $6.30 Billion $5.80 Billion ▲ +0.2 pp
1989 7.8% $462.50 Million $5.95 Billion $5.49 Billion
pp = percentage points