Us Bancorp (USB) Operating Expenses (2016 - 2026)
Quarterly results put Operating Expenses at $4.3 billion for Q1 2026, up 0.78% from a year ago — trailing twelve months through Mar 2026 was $16.9 billion (down 0.54% YoY), and the annual figure for FY2025 was $16.8 billion, down 2.04%.
Us Bancorp \De\ has reported Operating Expenses over the past 18 years, most recently at $4.3 billion for Q1 2026.
- Operating Expenses reached $4.3 billion in Q1 2026 per USB's latest filing, up from $4.2 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $5.2 billion in Q4 2023 and bottomed at $3.5 billion in Q1 2022.
- Median Operating Expenses over the past 5 years was $4.2 billion (2025), compared with a mean of $4.2 billion.
- The largest annual shift saw Operating Expenses surged 30.07% in 2023 before it decreased 17.4% in 2024.
- Over 5 years, Operating Expenses stood at $4.0 billion in 2022, then grew by 29.09% to $5.2 billion in 2023, then decreased by 17.4% to $4.3 billion in 2024, then dropped by 1.95% to $4.2 billion in 2025, then grew by 0.9% to $4.3 billion in 2026.
- Business Quant data shows Operating Expenses for USB at $4.3 billion in Q1 2026, $4.2 billion in Q4 2025, and $4.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 91,520.55 Bn | 91,520.55 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,974.45 Bn | 6,958.51 Bn | - | - |
| 3 | First Capital | 178.68 Bn | 178.53 Bn | - | 7.75 Mn |
| 4 | Landmark Bancorp | 170.33 Bn | 170.30 Bn | - | 11.90 Mn |
| 5 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 2.55 Bn |
| 6 | NatWest | 156.60 Bn | -88.97 Bn | - | - |
| 7 | Shinhan Financial | 131.59 Bn | 130.68 Bn | - | -1.06 Bn |
| 8 | Pnc Financial Services | 88.50 Bn | 88.55 Bn | - | 3.77 Bn |
| 9 | Us Bancorp \De\ | 84.80 Bn | 85.26 Bn | - | - |
| 10 | Banco Santander (Brasil) | 66.97 Bn | 66.97 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.27 Bn |
| Dec 31, 2025 | 4.23 Bn |
| Sep 30, 2025 | 4.20 Bn |
| Jun 30, 2025 | 4.18 Bn |
| Mar 31, 2025 | 4.23 Bn |
| Dec 31, 2024 | 4.31 Bn |
| Sep 30, 2024 | 4.20 Bn |
| Jun 30, 2024 | 4.21 Bn |
| Mar 31, 2024 | 4.46 Bn |
| Dec 31, 2023 | 5.22 Bn |
| Sep 30, 2023 | 4.53 Bn |
| Jun 30, 2023 | 4.57 Bn |
| Mar 31, 2023 | 4.56 Bn |
| Dec 31, 2022 | 4.04 Bn |
| Sep 30, 2022 | 3.64 Bn |
| Jun 30, 2022 | 3.72 Bn |
| Mar 31, 2022 | 3.50 Bn |
| Dec 31, 2021 | 3.53 Bn |
| Sep 30, 2021 | 3.43 Bn |
| Jun 30, 2021 | 3.39 Bn |
| Mar 31, 2021 | 3.38 Bn |
| Dec 31, 2020 | 3.36 Bn |
| Sep 30, 2020 | 3.37 Bn |
| Jun 30, 2020 | 3.32 Bn |
| Mar 31, 2020 | 3.32 Bn |
| Dec 31, 2019 | 3.40 Bn |
| Sep 30, 2019 | 3.14 Bn |
| Jun 30, 2019 | 3.15 Bn |
| Mar 31, 2019 | 3.09 Bn |
| Dec 31, 2018 | 3.28 Bn |
| Sep 30, 2018 | 3.04 Bn |
| Jun 30, 2018 | 3.09 Bn |
| Mar 31, 2018 | 3.06 Bn |
| Dec 31, 2017 | 3.90 Bn |
| Sep 30, 2017 | 3.00 Bn |
| Jun 30, 2017 | 2.98 Bn |
| Mar 31, 2017 | 2.91 Bn |
| Dec 31, 2016 | 2.86 Bn |
| Sep 30, 2016 | 2.93 Bn |
| Jun 30, 2016 | 2.99 Bn |