U.S. Bancorp (USB) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential improvement continued a trend of rising quarterly revenue throughout the year.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential improvement continued a trend of rising quarterly revenue throughout the year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7B
Revenue reported for this quarter.
Quarter-over-quarter
+2.1%
Change from the immediately preceding quarter.
Year-over-year
+3.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$27.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $6.7B | -6.4% |
| Jun 30, 2024 | $6.9B | -4.3% |
| Sep 30, 2024 | $6.9B | -2.4% |
| Dec 31, 2024 | $7B | +3.7% |
Revenue performance
The reported revenue rose from the prior quarter and also from the same period a year ago, reflecting a positive performance for the quarter.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. Versus the same quarter one year earlier, revenue also showed an increase.
What to watch
Monitor whether the sequential revenue growth rate can be sustained in future quarters.