U.S. Bancorp (USB) - Total Assets
Based on the latest financial reports, U.S. Bancorp (USB) holds total assets worth $695.36 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check cash flow reinvestment rate of U.S. Bancorp to assess the company's total reinvestment commitment from operating cash flow.
U.S. Bancorp - Total Assets Trend (1989–2024)
This chart illustrates how U.S. Bancorp's total assets have evolved over time, based on quarterly financial data. Explore how much of U.S. Bancorp's assets are long-term investments to see how much of total assets are deployed in long-term investments.
U.S. Bancorp - Asset Composition Analysis
Current Asset Composition (December 2024)
U.S. Bancorp's total assets of $695.36 Billion consist of 22.3% current assets and 77.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.3% |
| Accounts Receivable | $8.27 Billion | 1.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $3.56 Billion | 0.5% |
| Intangible Assets | $5.55 Billion | 0.8% |
| Goodwill | $12.54 Billion | 1.9% |
Asset Composition Trend (1989–2024)
This chart illustrates how U.S. Bancorp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market value of U.S. Bancorp.
Key Asset Composition Facts
- Current vs. Non-Current Assets: U.S. Bancorp's current assets represent 22.3% of total assets in 2024, an increase from 11.3% in 1989.
- Cash Position: Cash and equivalents constituted 8.3% of total assets in 2024, down from 11.3% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1989.
- Asset Diversification: The largest asset category is goodwill at 1.9% of total assets.
U.S. Bancorp Competitors by Total Assets
Key competitors of U.S. Bancorp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Standard Bank Group Ltd
JSE:SBK
|
South Africa | ZAC3.41 Trillion |
|
Grupo Financiero Inbursa S.A.B. de C.V
MX:GFINBURO
|
Mexico | MX$860.26 Billion |
|
BRD Groupe Societe Generale SA
RO:BRD
|
Romania | RON100.52 Billion |
|
Hua Xia Bank Co Ltd
SHG:600015
|
China | CN¥4.88 Trillion |
|
International Bancshares Corporation
NASDAQ:IBOC
|
USA | $16.83 Billion |
|
Judo Capital Holdings Ltd
AU:JDO
|
Australia | AU$16.06 Billion |
|
TF Bank AB
ST:TFBANK
|
Sweden | Skr29.94 Billion |
|
Bank Tabungan Negara Persero
JK:BBTN
|
Indonesia | Rp517.54 Trillion |
U.S. Bancorp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.12 | 0.30 | 0.48 |
| Quick Ratio | 0.12 | 0.30 | 0.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-474.96 Billion | $-380.94 Billion | $-228.81 Billion |
U.S. Bancorp - Advanced Valuation Insights
This section examines the relationship between U.S. Bancorp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.53 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 2.2% |
| Total Assets | $678.32 Billion |
| Market Capitalization | $85.92 Billion USD |
Valuation Analysis
Below Book Valuation: The market values U.S. Bancorp's assets below their book value (0.13x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: U.S. Bancorp's assets grew by 2.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for U.S. Bancorp (1989–2024)
The table below shows the annual total assets of U.S. Bancorp from 1989 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $678.32 Billion | +2.23% |
| 2023-12-31 | $663.49 Billion | -1.68% |
| 2022-12-31 | $674.80 Billion | +17.71% |
| 2021-12-31 | $573.28 Billion | +3.50% |
| 2020-12-31 | $553.90 Billion | +11.80% |
| 2019-12-31 | $495.43 Billion | +6.00% |
| 2018-12-31 | $467.37 Billion | +1.15% |
| 2017-12-31 | $462.04 Billion | +3.60% |
| 2016-12-31 | $445.96 Billion | +5.72% |
| 2015-12-31 | $421.85 Billion | +4.80% |
| 2014-12-31 | $402.53 Billion | +10.58% |
| 2013-12-31 | $364.02 Billion | +2.87% |
| 2012-12-31 | $353.86 Billion | +4.04% |
| 2011-12-31 | $340.12 Billion | +10.51% |
| 2010-12-31 | $307.79 Billion | +9.46% |
| 2009-12-31 | $281.18 Billion | +5.74% |
| 2008-12-31 | $265.91 Billion | +11.91% |
| 2007-12-31 | $237.62 Billion | +8.39% |
| 2006-12-31 | $219.23 Billion | +4.66% |
| 2005-12-31 | $209.47 Billion | +7.36% |
| 2004-12-31 | $195.10 Billion | +2.97% |
| 2003-12-31 | $189.47 Billion | +5.25% |
| 2002-12-31 | $180.03 Billion | +5.04% |
| 2001-12-31 | $171.39 Billion | +3.92% |
| 2000-12-31 | $164.92 Billion | +102.28% |
| 1999-12-31 | $81.53 Billion | +9.77% |
| 1998-12-31 | $74.28 Billion | +126.03% |
| 1997-12-31 | $32.86 Billion | +225.55% |
| 1996-12-31 | $10.09 Billion | +5.44% |
| 1995-12-31 | $9.57 Billion | +1.94% |
| 1994-12-31 | $9.39 Billion | -64.41% |
| 1993-12-31 | $26.39 Billion | -0.90% |
| 1992-12-31 | $26.62 Billion | +300.62% |
| 1991-12-31 | $6.65 Billion | +5.57% |
| 1990-12-31 | $6.30 Billion | +5.82% |
| 1989-12-31 | $5.95 Billion | -- |
About U.S. Bancorp
U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. The company operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segmen… Read more