U.S. Bancorp Posts Record Revenue From Payments

On Jan. 20, U.S. Bancorp said its payments transformation helped drive record fourth-quarter net revenue of about $7.4 billion, and the bank identified payments, organic growth and expense management as its three 2025 strategic priorities. The bank highlighted new offerings—Edward Jones cobranded accounts, an AI-driven Kyriba cash-forecasting tool and Avvance embedded financing—and reported year-over-year payments growth (merchant processing fees +5.0%, credit-card fees +5.3%, consumer card balances +5.7%), saying it expects to sustain momentum into 2026.