04:54 AM EDT, 07/02/2025 (MT Newswires) -- U.S. Bancorp ( USB ) said late Tuesday it plans to raise its quarterly dividend 4% to $0.52 per share and continue its $5 billion share repurchase program following the results of the Fed's stress test.

The bank said the 2025 results from the stress test showed the company's preliminary stress capital buffer is 2.6% for the period between Oct. 1, 2025, and Sept. 30, 2026.

Combined with the Basel III common equity Tier 1 capital to risk-weighted assets ratio minimum of 4.5%, the company is required to maintain a CET1 ratio at or above 7.1% through the period, it said.

"The results of this year's stress test demonstrate that we are well-capitalized, have a healthy balance sheet, and remain prepared to manage potential industry stress and withstand a severe economic downturn," said Gunjan Kedia, president and chief executive.