USB · Financials · Bank · FY2025 filings ·
Scored by the financial-sector model
Form 4 reports mix P/S market or private transactions with compensation-plan mechanics. Activity casually described as “insider selling” can include compensation mechanics; awards, tax withholding, and option exercises are shown by their exact filed class here, never collapsed into “Bought” or “Sold.”
These are disclosed filing facts and arithmetic aggregates, not a signal or verdict.
The insider-filing service is temporarily unavailable, so no partial or guessed answer is shown for USB.
Flagship explainer
Start with net interest income, then follow the filed path to net income.
| Filed line | Value | % of net interest income | Source |
|---|---|---|---|
| $16.6B | 100% |
| |
| Income before tax | $9.5B | 57% |
|
| Income tax | $1.9B | 12% |
|
| $7.6B | 45% |
|
Flagship explainer
US BANCORP \DE\'s filing tags don't support a full breakdown — here's what is filed:
| Filed line | Value | % of assets | Source |
|---|---|---|---|
| Total assets | $692.3B | 100% |
|
| Cash and equivalents | $46.9B | 7% |
|
| Goodwill | $12.6B | 2% |
|
| Operating lease right-of-use assets | $1.2B | 0% |
|
| Total liabilities | $626.7B | 91% |
|
| $77.9B | 11% |
| |
| Stockholders’ equity | $65.2B | 9% |
|
Flagship explainer
One or more filed inputs needed for the five-factor decomposition are unavailable.
| Input | Value | Fiscal year | Source |
|---|---|---|---|
| Net income | $7.6B | FY2025 |
|
| Income before tax | $9.5B | FY2025 |
|
| Operating income | Unavailable | FY2025 |
|
| Revenue | $28.7B | FY2025 |
|
| Ending assets | $692.3B | FY2025 |
|
| Beginning assets | $678.3B | FY2024 |
|
| Ending equity | $65.2B | FY2025 |
|
| Beginning equity | $58.6B | FY2024 |
|
Flagship explainer
US BANCORP \DE\’s filing does not supply enough provenance-matched cash-flow lines for a truthful flow chart — here’s what is filed:
| Filed line | Value | % of cash from operations | Source |
|---|---|---|---|
| Cash from operations | $8.0B | 100% |
|
| Depreciation and amortization | $498M | 6% |
|
| Cash from investing | −$20.5B | −258% |
|
| Cash from financing | $2.3B | 28% |
|
| Net change in cash | −$9.6B | −121% |
|
Curated 19-manager tier
Delayed public 13F reports for 2026-Q2—not live positions, trades, or recommendations.
3 holding0 exited15 not holding18/19 resolved1 not retrieved
| Manager | Reported position | Quarter-over-quarter | Filing accession |
|---|---|---|---|
| First Eagle | 18,246,116 shares$1.1B · 1% of eligible reported 13F | Added to position · +9,228,032 shares (102%) |
|
| Mairs & Power | 561,453 shares$33.9M · 0% of eligible reported 13F | Trimmed · -40,065 shares (−7%) |
|
| Tweedy, Browne | 181,896 shares$11M · 1% of eligible reported 13F | Trimmed · -2,352 shares (−1%) |
|
| Abrams Capital | No position reported | No position reported |
|
| Akre Capital | No position reported | No position reported |
|
| Baupost Group | No position reported | No position reported |
|
| Berkshire Hathaway | No position reported | No position reported |
|
| Brave Warrior Advisors | No position reported | No position reported |
|
| Dodge & Cox | No position reported | No position reported |
|
| Fundsmith | No position reported | No position reported |
|
| Gardner Russo & Quinn | No position reported | No position reported |
|
| Gates Foundation Trust | No position reported | No position reported |
|
| Markel / Markel-Gayner | No position reported | No position reported |
|
| Oakmark / Harris Associates | No position reported | No position reported |
|
| Polen Capital | No position reported | No position reported |
|
| Sequoia / Ruane Cunniff | No position reported | No position reported |
|
| Southeastern Asset Management | No position reported | No position reported |
|
| Yacktman Asset Management | No position reported | No position reported |
|
| Pershing Square | Not retrieved | Comparison not retrieved | Filing not retrieved |
Position size uses shares and filed value from each manager’s 13F. Portfolio weight uses the eligible long-share filing denominator. Changes compare only with the immediately preceding calendar quarter.
Flagship explainer
We could not retrieve insider activity for this rendering; no zero-activity claim is shown.
Unavailable: Form 4 activity could not be retrieved for this rendering.
Median ROE 12.2% on average equity, above the 10% hurdle in 89% of 9 years.
Q3 scored 3 evidenced ratios equally; reserve score is unadjusted for Q4 and capped at 70.
Profitable in 100% of 10 years, ROE very steady.
Net interest income is 2.44% of average assets, very steady over 9 years through FY2025.
Not scored for this company
Scored 4 of 5 applicable components (bank model); weights renormalized over the scored set.
The 15-year revenue, margin, and ROIC series is built for the operating model’s lens and isn’t published for banks and insurers — a balance-sheet business is read through the components above, not through operating-company margins.
| Reading | ||
|---|---|---|
| Aug 3, 2026 | 80 | |
| Jul 26, 2026 | 76 | |
| Jul 26, 2026 | 76 | |
Append-only — readings are added, never rewritten. Only readings on the same methodology version (moat-index-financials@1.0.0) are comparable; a change across versions is a scoring change, not a company event.