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| 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 |