U.S. Bancorp reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 4,111 million compared to USD 4,293 million a year ago. Net income was USD 847 million compared to USD 925 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to USD 0.57 a year ago. Diluted earnings per share from continuing operations was USD 0.49 compared to USD 0.57 a year ago.
For the full year, net interest income was USD 17,396 million compared to USD 14,728 million a year ago. Net income was USD 5,429 million compared to USD 5,825 million a year ago. Basic earnings per share from continuing operations was USD 3.27 compared to USD 3.69 a year ago. Diluted earnings per share from continuing operations was USD 3.27 compared to USD 3.69 a year ago.