U.S. Bancorp reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 4,293 million compared to USD 3,123 million a year ago. Net income was USD 925 million compared to USD 1,673 million a year ago. Basic earnings per share from continuing operations was USD 0.57 compared to USD 1.07 a year ago. Diluted earnings per share from continuing operations was USD 0.57 compared to USD 1.07 a year ago.
For the full year, net interest income was USD 14,728 million compared to USD 12,494 million a year ago. Net income was USD 5,825 million compared to USD 7,963 million a year ago. Basic earnings per share from continuing operations was USD 3.69 compared to USD 5.11 a year ago. Diluted earnings per share from continuing operations was USD 3.69 compared to USD 5.1 a year ago.