U.S. Bancorp reported its first quarter 2025 financial results with GAAP earnings per share of $1.03, surpassing the $0.98 estimate. The bank posted net revenue of $6.958 billion, beating the $6.912 billion forecast, reflecting a 3.6% year-over-year increase. Net interest income rose 2.7% to $4.092 billion, with a net interest margin of 2.72%, up 2 basis points year-over-year. The company recorded a net income of $1.709 billion, a return on tangible common equity of 17.5%, and an efficiency ratio of 60.8%. U.S. Bancorp expects second quarter net interest income between $4.1 billion and $4.2 billion and total noninterest income of approximately $2.9 billion. Kinder Morgan reported first quarter 2025 revenue of $4.24 billion, exceeding the $4.08 billion estimate and representing a 10% year-over-year increase. The company’s GAAP net income was $743 million, with adjusted net income of $766 million, slightly above the prior year and below estimates. Adjusted EBITDA rose 1% to $2.157 billion. Kinder Morgan declared a cash dividend of $0.2925 per share payable May 15. Other companies that announced or reported first quarter 2025 results include FirstSun Capital Bancorp, PennyMac Mortgage Investment Trust, SmartStop Self Storage REIT, Synovus Financial, Home BancShares, Simmons First National, Farmers National Banc Corp., First Industrial Realty, Martin Midstream Partners, and F.N.B., with varying earnings and sales performances.