Us Bancorp \De\ (USB) Interest Expense - Debt (2009 - 2026)
Us Bancorp (USB) reported Interest Expense - Debt of $617 million for Q3 2026, down 15.4% from $729 million a year earlier and down 6.2% from the prior quarter.
Powered by 
Analysis
Us Bancorp \De\ (USB) Interest Expense - Debt (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Us Bancorp's Interest Expense - Debt came in at $2.6 billion, down 6.0% year-over-year; for FY2025, it came in at $2.8 billion, up 8.3% from FY2024.
- Interest Expense - Debt has increased for four consecutive years, with a five-year compound annual growth rate of 24.8% (FY2020 to FY2025).
- By year, Interest Expense - Debt came in at $2.58 billion in FY2024 (+38.4%), $1.87 billion in FY2023 (+139.1%), $780 million in FY2022 (+29.4%) and $603 million in FY2021 (-34.7%).
- The Q3 2026 figure ranks as the lowest quarterly Interest Expense - Debt since Q4 2023.
- Year over year, Interest Expense - Debt has now declined in each of the last three quarters, with growth averaging 2.7% over the last eight quarters.
- The high point for year-over-year Interest Expense - Debt in five years was Q2 2023 (growth of 176.9%); the low point was Q4 2021 (a decline of 25.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $658 million (Q2 2026), $646 million (Q1 2026) and $683 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 4.66 Bn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | 3.08 Bn |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | 3.46 Bn |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | 1.07 Bn |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 3.05 Bn |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | 2.43 Bn |
| 10 | Us Bancorp \De\ | 95.04 Bn | 95.50 Bn | - | 617.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 617.00 Mn |
| Jun 30, 2026 | 658.00 Mn |
| Mar 31, 2026 | 646.00 Mn |
| Dec 31, 2025 | 683.00 Mn |
| Sep 30, 2025 | 729.00 Mn |
| Jun 30, 2025 | 721.00 Mn |
| Mar 31, 2025 | 664.00 Mn |
| Dec 31, 2024 | 656.00 Mn |
| Sep 30, 2024 | 663.00 Mn |
| Jun 30, 2024 | 638.00 Mn |
| Mar 31, 2024 | 625.00 Mn |
| Dec 31, 2023 | 569.00 Mn |
| Sep 30, 2023 | 488.00 Mn |
| Jun 30, 2023 | 432.00 Mn |
| Mar 31, 2023 | 376.00 Mn |
| Dec 31, 2022 | 282.00 Mn |
| Sep 30, 2022 | 198.00 Mn |
| Jun 30, 2022 | 156.00 Mn |
| Mar 31, 2022 | 144.00 Mn |
| Dec 31, 2021 | 139.00 Mn |
API Access
Us Bancorp \De\ Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=USB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "USB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=USB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();