Us Bancorp (USB) Operating Expenses (2009 - 2026)

Us Bancorp (USB) reported Operating Expenses of $4.3 billion for Q1 2026, up 0.78% on a YoY basis from $4.2 billion in Q1 2025, and up 0.9% sequentially from $4.2 billion in Q4 2025.

Us Bancorp (USB) Operating Expenses (2009 - 2026) Analysis & Trends

Us Bancorp (USB) has 18 years of Operating Expenses data on file, last reported at $4.3 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 0.78% year-over-year to $4.3 billion; the trailing twelve-month figure through Mar 2026 stood at $16.9 billion (down 0.54% YoY), and the FY2025 full-year result was $16.8 billion, down 2.04% from the prior year.
  • Operating Expenses advanced to $4.3 billion in Q1 2026, from $4.2 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $5.2 billion in Q4 2023 to a low of $3.5 billion in Q1 2022.
  • A 5-year average of $4.2 billion and a median of $4.2 billion in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 30.07% in 2023 and decreased 17.4% in 2024, its largest moves.
  • Tracing USB's Operating Expenses over 5 years: stood at $4.0 billion in 2022, then climbed by 29.09% to $5.2 billion in 2023, then retreated by 17.4% to $4.3 billion in 2024, then slipped by 1.95% to $4.2 billion in 2025, then climbed by 0.9% to $4.3 billion in 2026.
  • Business Quant data shows USB's Operating Expenses 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 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -20.00 Mn
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -1.06 Bn
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -287,925.00
4 Lloyds Banking 360.83 Bn 360.83 Bn - -3.86 Bn
5 First Capital 204.17 Bn 203.82 Bn - 7.75 Mn
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 11.90 Mn
7 NatWest 144.82 Bn -51.17 Bn - -2.75 Bn
8 Pnc Financial Services 101.80 Bn 101.80 Bn - 3.77 Bn
9 Us Bancorp 99.51 Bn 99.51 Bn - 4.27 Bn
10 Itau Unibanco Holding 89.22 Bn 46.51 Bn - -

Historic Data

Download Data
DateValue
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