Us Bancorp (USB) Interest Expense - Deposits (2009 - 2026)
Us Bancorp's Interest Expense - Deposits came in at $2.33 billion for Q2 2026, down 8.3% from $2.54 billion a year earlier but up 2.0% from the prior quarter.
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Analysis
Us Bancorp (USB) Interest Expense - Deposits (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Us Bancorp reported Interest Expense - Deposits of $9.71 billion, down 10.3% year-over-year; for FY2025, it was $10.15 billion, down 13.2% from FY2024.
- Interest Expense - Deposits carries a five-year compound annual growth rate of 60.6% (FY2020 to FY2025).
- Going back by year, Interest Expense - Deposits was $11.69 billion in FY2024 (+33.2%), $8.78 billion in FY2023 (+368.8%), $1.87 billion in FY2022 (+485.0%) and $320 million in FY2021 (-66.3%).
- The five-year range for quarterly Interest Expense - Deposits is $75 million (Q4 2021) to $3.03 billion (Q2 2024).
- Year-over-year, Interest Expense - Deposits has declined for six consecutive quarters, with an average decline of 6.6% over the last eight quarters.
- The fastest year-over-year change in Interest Expense - Deposits over five years came in Q2 2023 (growth of 995.5%), and the weakest in Q3 2021 (a decline of 40.0%).
- Business Quant data shows USB's Interest Expense - Deposits at $2.28 billion (Q1 2026), $2.45 billion (Q4 2025) and $2.65 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 10.76 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 7.37 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 2.70 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 7.85 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 3.48 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 5.10 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 5.52 Bn |
| 10 | Us Bancorp | 90.01 Bn | 90.47 Bn | - | 2.33 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.33 Bn |
| Mar 31, 2026 | 2.28 Bn |
| Dec 31, 2025 | 2.45 Bn |
| Sep 30, 2025 | 2.65 Bn |
| Jun 30, 2025 | 2.54 Bn |
| Mar 31, 2025 | 2.51 Bn |
| Dec 31, 2024 | 2.77 Bn |
| Sep 30, 2024 | 3.00 Bn |
| Jun 30, 2024 | 3.03 Bn |
| Mar 31, 2024 | 2.88 Bn |
| Dec 31, 2023 | 2.75 Bn |
| Sep 30, 2023 | 2.58 Bn |
| Jun 30, 2023 | 1.94 Bn |
| Mar 31, 2023 | 1.51 Bn |
| Dec 31, 2022 | 1.08 Bn |
| Sep 30, 2022 | 534.00 Mn |
| Jun 30, 2022 | 177.00 Mn |
| Mar 31, 2022 | 80.00 Mn |
| Dec 31, 2021 | 75.00 Mn |
| Sep 30, 2021 | 78.00 Mn |
API Access
Us Bancorp Interest Expense - Deposits 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-deposits&ticker=USB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "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-deposits&ticker=USB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();