Free · no account · quoted from the filing

What changed in USB's 10-Q

Source: 10-Q filed 2026-05-04 · compared against 10-Q 2025-11-05. Every passage below is quoted verbatim from the filing itself.

Interest Rate Risk

This filing

Net interest income .29 % (.18) % (.34) % .48 %

Market Risk

This filing

Average $ 5 $ 2 High 7 3 Low 3 2 Period-end 6 3

Credit Quality

This filing

total net book balance of $1.5 billion of loans assigned a PCD status

Allowance Methodology

This filing

and/or other emerging risks which may impact the portfolio

Accounting Policy Updates

This filing

In November 2025, the Financial Accounting Standards Board issued guidance, effective for the Company for annual reporting periods beginning after December 15, 2026, related to hedge accounting.

What it means — the analyst reading

The passages above are the company's own words. The plain-English reading of them — what changed, why it matters, and the direction of travel — is part of the Filing Change Monitor.

See the Filing Change Monitor →

Compared from narrative excerpts (outlook, risks, MD&A) of both filings — quotes are verbatim from the new filing. Not advice. Source: company SEC filings via stockportfolio.pro. Educational, not investment advice.