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

Us Bancorp's (USB) quarterly Operating Expenses came in at $4.3 billion in Q1 2026, up 0.78% year-on-year from $4.2 billion in Q1 2025, and up 0.9% quarter-over-quarter from $4.2 billion in Q4 2025.

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

Us Bancorp has disclosed Operating Expenses across 18 years of filings, most recently posting $4.3 billion for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $4.3 billion, up 0.78% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.9 billion (down 0.54% YoY), and the FY2025 annual result was $16.8 billion, down 2.04% from the prior year.
  • Operating Expenses came in at $4.3 billion for Q1 2026 at Us Bancorp, up 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.
  • The 5-year median for Operating Expenses is $4.2 billion (2025), against an average of $4.2 billion.
  • Across the five-year window, Operating Expenses surged 30.07% in 2023 and decreased 17.4% in 2024, its largest moves.
  • Us Bancorp's 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.
  • The last three Operating Expenses figures came in at $4.3 billion (Q1 2026), $4.2 billion (Q4 2025), and $4.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -287,925.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -3.86 Bn
4 First Capital 215.78 Bn 215.63 Bn - 7.75 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 11.90 Mn
7 NatWest 168.65 Bn -51.67 Bn - -2.75 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - -1.06 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 137.67 Mn
10 Us Bancorp \De\ 91.43 Bn 91.89 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