Us Bancorp (USB) Interest Expense - Debt (2009 - 2026)
Us Bancorp (USB) reported Interest Expense - Debt of $658 million for Q2 2026, down 8.7% from $721 million a year earlier but up 1.9% from the prior quarter.
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Analysis
Us Bancorp (USB) Interest Expense - Debt (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Us Bancorp's Interest Expense - Debt came in at $2.72 billion, up 0.4% 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%).
- Five-year quarterly Interest Expense - Debt spans a low of $139 million in Q4 2021 and a high of $729 million in Q3 2025.
- Year over year, Interest Expense - Debt gained in six of the last eight quarters, with growth averaging 9.1%.
- The high point for year-over-year Interest Expense - Debt in five years was Q2 2023 (growth of 176.9%); the low point was Q3 2021 (a decline of 27.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $646 million (Q1 2026), $683 million (Q4 2025) and $729 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 4.47 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 3.10 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 3.41 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 2.62 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 2.39 Bn |
| 10 | Us Bancorp | 90.01 Bn | 90.47 Bn | - | 658.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 142.00 Mn |
API Access
Us Bancorp 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();