Us Bancorp \De\ (USB) Mortgage Banking (2009 - 2026)
Us Bancorp (USB) recorded Mortgage Banking of $155 million in Q3 2026, down 13.9% from $180 million a year earlier and down 8.3% from the prior quarter.
Us Bancorp \De\ (USB) Mortgage Banking (2009 - 2026) Analysis & Trends
On a TTM basis, Us Bancorp's Mortgage Banking came in at $615 million as of Sep 30, 2026, down 2.5% year-over-year; for FY2025, it came in at $645 million, up 2.9% from FY2024.
- Annual Mortgage Banking has increased for three straight years, though with a five-year compound annual growth rate of -20.8% (FY2020 to FY2025).
- Across earlier years, Mortgage Banking came in at $627 million in FY2024 (+16.1%), $540 million in FY2023 (+2.5%), $527 million in FY2022 (-61.3%) and $1.36 billion in FY2021 (-34.1%).
- Quarterly Mortgage Banking has ranged from $81 million in Q3 2022 to $298 million in Q4 2021 over the past five years.
- On a year-over-year basis, Mortgage Banking rose in four of the last eight quarters, with an average decline of 1.8%.
- Peak year-over-year performance for Mortgage Banking in the last five years was growth of 77.8% in Q3 2023, against a decline of 80.6% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $169 million (Q2 2026), $161 million (Q1 2026) and $130 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - |
| 10 | Us Bancorp \De\ | 95.04 Bn | 95.50 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 155.00 Mn |
| Jun 30, 2026 | 169.00 Mn |
| Mar 31, 2026 | 161.00 Mn |
| Dec 31, 2025 | 130.00 Mn |
| Sep 30, 2025 | 180.00 Mn |
| Jun 30, 2025 | 162.00 Mn |
| Mar 31, 2025 | 173.00 Mn |
| Dec 31, 2024 | 116.00 Mn |
| Sep 30, 2024 | 155.00 Mn |
| Jun 30, 2024 | 190.00 Mn |
| Mar 31, 2024 | 166.00 Mn |
| Dec 31, 2023 | 137.00 Mn |
| Sep 30, 2023 | 144.00 Mn |
| Jun 30, 2023 | 131.00 Mn |
| Mar 31, 2023 | 128.00 Mn |
| Dec 31, 2022 | 104.00 Mn |
| Sep 30, 2022 | 81.00 Mn |
| Jun 30, 2022 | 142.00 Mn |
| Mar 31, 2022 | 200.00 Mn |
| Dec 31, 2021 | 298.00 Mn |
Us Bancorp \De\ Mortgage Banking 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=mortgage-banking&ticker=USB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "mortgage-banking", "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=mortgage-banking&ticker=USB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();