U.S. Bancorp employees and revenue per employee

USB · Banks - Regional · $89.6B market cap

U.S. Bancorp had 68,520 employees at the end of fiscal Dec 2025, down 2.5% from a year earlier. Revenue for the year was $42.9B, up 0.3% from a year earlier, or $626K per employee. Revenue held up or grew while headcount stayed flat or fell.

Employees

68,520

-2.5% YoY

Revenue

$42.9B

+0.3% YoY

Revenue / employee

$626K

Peer median $651K

Rank in industry

22 of 36

Banks - Regional

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016
88143199'16'17'18'19'20'21'22'23'24'25Revenue 191Staff 96

Hover a year for the numbers.

USB employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 202568,520$42.9B$626K-2.5%+0.3%
Dec 202470,263$42.7B$608K-6.9%+5.1%
Dec 202375,465$40.6B$538K-3.5%+48.3%
Dec 202278,192$27.4B$350K+13.7%+15.5%
Dec 202168,796$23.7B$345K+1.0%-6.0%
Dec 202068,108$25.2B$371K-2.2%-7.6%
Dec 201969,651$27.3B$392K-5.0%+6.0%
Dec 201873,333$25.8B$351K+1.3%+8.9%
Dec 201772,402$23.7B$327K+1.7%+5.5%
Dec 201671,191$22.4B$315K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
68,108'2068,796'2178,192'2275,465'2370,263'2468,520'25
Revenue per employee, last six fiscal years
$371K'20$345K'21$350K'22$538K'23$608K'24$626K'25

U.S. Bancorp against similar companies

The closest industry peers by revenue, from Banks - Regional.

CompanyEmployeesRevenueRevenue / employeeShape
FCNCA
First Citizens BancShares, Inc.
17,876$14.5B$811KHiring into decline
FCNCN
First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E
17,876$14.2B$795KHiring into decline
FITB
Fifth Third Bancorp
18,676$12.9B$689KHiring into decline
KEY
KeyCorp
17,226$11.2B$649KEfficient growth
CFG
Citizens Financial Group, Inc.
17,398$11.1B$641KHiring into decline
PNC
The PNC Financial Services Group, Inc.
53,859$34.0B$631KEfficient growth
USB
U.S. Bancorp
68,520$42.9B$626KLeaner
HBAN
Huntington Bancshares Incorporated
20,424$12.5B$611KEfficient growth
MTB
M&T Bank Corporation
21,839$12.3B$564KContracting
Every Financial Services company

Questions about U.S. Bancorp

How many employees does U.S. Bancorp have?
U.S. Bancorp reported 68,520 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 23, 2026. That is down 2.5% from a year earlier.
What is U.S. Bancorp's revenue per employee?
U.S. Bancorp brought in $42.9B of revenue in fiscal Dec 2025, which is $626K per employee. That ranks 22 of 36 companies we track in Banks - Regional, where the median is $651K.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare USB with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in U.S. Bancorp's annual reports (Form 10-K), latest filed February 23, 2026. This is data, not a recommendation to buy or sell USB.