U.S. Bancorp announced it has increased its quarterly dividend to $0.54 per share, up 3.8%. This brings the annualized payout to $2.16 with a yield of 3.5%. The increase is supported by the bank's strong Q2 2026 results, which include a 10% year-over-year revenue increase to a record $7.7 billion, a 20% rise in net income to $2.18 billion, and a 21.6% increase in diluted EPS to $1.35. The bank also reported robust loan growth, expanding balance sheet, and a solid CET1 ratio of 10.8%, well above the 7.1% regulatory requirement.