Us Bancorp \De\ (USB) Non Operating Interest Expenses (2009 - 2024)
Us Bancorp \De\'s (USB) quarterly Non Operating Interest Expenses came in at $3.8 billion in Q1 2024, up 62.19% year-over-year from $2.3 billion in Q2 2023, and up 3.48% quarter-over-quarter from $3.7 billion in Q4 2023.
Analysis
Us Bancorp \De\ (USB) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
Us Bancorp \De\ has disclosed Non Operating Interest Expenses across 16 years of filings, most recently posting $3.8 billion for Q1 2024.
- In Q1 2024, Non Operating Interest Expenses rose 62.19% year-over-year to $3.8 billion; the TTM figure through Mar 2024 stood at $14.1 billion (up 165.18% YoY), while the FY2023 annual figure was $12.6 billion, up 292.01% from the prior year.
- Non Operating Interest Expenses came in at $3.8 billion for Q1 2024 at Us Bancorp \De\, up from $3.7 billion in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $3.8 billion in Q1 2024 to a low of $232.0 million in Q4 2021.
- Average Non Operating Interest Expenses over 5 years is $1.3 billion, with a median of $472.0 million recorded in 2020.
- Year-over-year, Non Operating Interest Expenses sank 70.99% in 2020 and surged 851.02% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $304.0 million in 2020, then declined by 23.68% to $232.0 million in 2021, then jumped by 624.57% to $1.7 billion in 2022, then jumped by 117.25% to $3.7 billion in 2023, then grew by 3.48% to $3.8 billion in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $3.8 billion in Q1 2024, $3.7 billion in Q4 2023, and $3.5 billion in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | - |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | - |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | - |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 1.49 Bn |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | 12.80 Bn |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | - |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | - |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | -34.43 Bn |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | 3.04 Bn |
| 10 | Us Bancorp \De\ | 96.95 Bn | 96.95 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 3.78 Bn |
| Dec 31, 2023 | 3.65 Bn |
| Sep 30, 2023 | 3.52 Bn |
| Jun 30, 2023 | 3.11 Bn |
| Mar 31, 2023 | 2.33 Bn |
| Dec 31, 2022 | 1.68 Bn |
| Sep 30, 2022 | 901.00 Mn |
| Jun 30, 2022 | 390.00 Mn |
| Mar 31, 2022 | 245.00 Mn |
| Dec 31, 2021 | 232.00 Mn |
| Sep 30, 2021 | 238.00 Mn |
| Jun 30, 2021 | 245.00 Mn |
| Mar 31, 2021 | 278.00 Mn |
| Dec 31, 2020 | 304.00 Mn |
| Sep 30, 2020 | 346.00 Mn |
| Jun 30, 2020 | 472.00 Mn |
| Mar 31, 2020 | 893.00 Mn |
| Dec 31, 2019 | 1.05 Bn |
| Sep 30, 2019 | 1.16 Bn |
| Jun 30, 2019 | 1.15 Bn |