U. S. Bancorp's Annual 2022 Bottom-Line Net Economic Losses Were $4.078 Bil, $6.030 Worse Than Its Annual 2008 Economic Income of $1.952 Bil.

Next I will address a comparison of the Bottom-Line After-Tax Net Economic Income or Losses in annual 2022 to that in annual 2008 for the publicly-held US Regional Banks.

There are different views on which are the US Regional Banks. I decided to take the Yahoo Finance's broad perspective here.

The largest US Regional Bank in current stock market capitalization now is Minneapolis, Minnesota-based U. S. Bancorp.

From US SEC filings, U. S. Bancorp reported audited Smoothed Net Income of $5,838 mil in annual 2022 and of $3,012 mil in annual 2008, by far the worst year for the earnings of US Financial Companies during the horrific 2008-2009 US Financial Meltdown.

But to arrive at Bottom-Line Real After-Tax Economic Income or Losses for these two years, you must also include the Economic Losses arising in both years from the decline in value of the massive amount of the Available-For-Sale Debt Securities these US Regional Banks held.

It gets a bit tricky to determine these Economic Losses in 2022 and especially so in 2008, but it can be done because they are disclosed in footnotes to their SEC-filed financial statements.

U.S. Bancorp reported arising Economic Losses from the decline in the value of their massive Debt Investments portfolio of $9,916 mil in annual 2022 and of $1,060 mil in annual 2008.

Thus, U.S. Bancorp had Bottom-Line Real After-Tax Economic Losses of $4,078 in annual 2022 versus an Economic Income of $1,952 in annual 2008.

Yeah, US Bancorp's Bottom-Line Real After-Tax Economic Losses in annual 2022 was an astonishing $6 Bil worse than that in 2008.

I guess the 2008 George Bush Administration is looking a bit better to U. S. Bancorp than the 2022 Biden Administration and his US Fed.

So in plain language, why is there this massive $9.916 Bill Economic Loss arising in annual 2022?

Well, this Bank had a massive amount of its money received from bank depositors which was invested in Debt Investment Securities and the value of these Securities flat-out plummeted in annual 2022.

Just to give you a perspective, US Government Bonds Declined in Value By Nearly 25% From the Summer of 2020 To Early in the Past Week.

This 25% Decline was by far the steepest decline in US history.