Information Required of Brokers and Dealers (Form X-17A-5)

Report for the Period Beginning	01-01-2025
and Ending	12-31-2025
Type of Registrant	Broker-dealer
	OTC derivatives dealer

Material Weakness
Does this submission include an accountant's report covering the compliance report that indentifies one or more material weaknesses?	Yes No

Name of Broker-dealer

U.S. BANCORP INVESTMENTS, INC.

Address of Principal Place of Business (Do not use P.O. Box No.)

Address 1	60 LIVINGSTON AVENUE
Address 2	EP-MN-N2WC
City	SAINT PAUL
State/Country	MINNESOTA
Mailing Zip/ Portal Code	55107

Name and Telephone Number of Person to Contact in Regard to this Report

Name	Shannon Clark
Telephone Number	314-418-1320

Independent Public Accountant

Name - if individual, state last, first, and middle name	Ernst & Young LLP
Address 1	1828 Walnut Street
Address 2	Suite 600
City	Kansas City
State/Country	MISSOURI
Mailing Zip/ Postal Code	64108
Check One	Certified Public Accountant Certified Public Accountant not resident in United States or any of its possessions

Oath or Affirmation

I, Shannon K. Clark, swear (or affirm) that, to the best of my knowledge and belief the accompanying financial statement and supporting schedules pertaining to the firm of U.S. BANCORP INVESTMENTS, INC., as of 12-31-2025, are true and correct. I further swear (or affirm) that neither the company nor any partner, proprietor, principal officer or director has any proprietary interest in any account classified solely as that of a customer, except as follows:

Signature	Shannon K. Clark
Title	CFO, SVP

Notary Public

Checking this box acknowledges that this oath or affirmation has been notarized.