U.S. Bancorp number of employees

U.S. Bancorp reported 68,520 employees at December 31, 2025 in its latest annual report, down 1,743 (2.5%) on the year before. That compares with 78,192 at December 31, 2022. Revenue per employee was $418,214.

Headcount by year

Fiscal year end	Employees	Change	Revenue per employee	Source
December 31, 2025	68,520	−1,743 (2.5%)	$418,214	10-K, filed February 23, 2026
December 31, 2024	70,263	−5,202 (6.9%)	$390,746	10-K, filed February 21, 2025
December 31, 2023	75,465	−2,727 (3.5%)	$372,941	10-K, filed February 20, 2024
December 31, 2022	78,192	—	$310,799	10-K, filed February 27, 2023

What the annual reports say

As of December 31, 2025, the Company employed a total of 68,520 employees globally. 2025 annual report
As of December 31, 2024, the Company employed a total of 70,263 employees globally. 2024 annual report
As of December 31, 2023, the Company employed a total of 75,465 employees globally. 2023 annual report
As of December 31, 2022, the Company employed a total of 78,192 employees globally, including employees from the acquisition of MUB on December 1, 2022. 2022 annual report

Headcount as the company states it in Item 1 of its annual report (some count full-time equivalents or exclude part-time and temporary staff), at the date it gives. Years where the report states no clear total are left out rather than estimated. Changes can reflect acquisitions and disposals as well as hiring and job cuts.

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Figures from U.S. Bancorp's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to U.S. Bancorp.