Us Bancorp \De\ USB
NYSE USB
$62.42 +0.31 (+0.49%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Us Bancorp \De\'s (USB) quarterly Operating Expenses came in at $4.4 billion in Q2 2026, up 5.91% year-over-year from $4.2 billion in Q2 2025, and up 3.82% quarter-over-quarter from $4.3 billion in Q1 2026.

Analysis

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

Us Bancorp \De\ has disclosed Operating Expenses across 18 years of filings, most recently posting $4.4 billion for Q2 2026.

  • In Q2 2026, Operating Expenses rose 5.91% year-over-year to $4.4 billion; the TTM figure through Jun 2026 stood at $17.1 billion (up 1.12% YoY), while the FY2025 annual figure was $16.8 billion, down 2.04% from the prior year.
  • Operating Expenses came in at $4.4 billion for Q2 2026 at Us Bancorp \De\, up from $4.3 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.
  • Average Operating Expenses over 5 years is $4.2 billion, with a median of $4.2 billion recorded in 2025.
  • Year-over-year, Operating Expenses soared 30.07% in 2023 and slipped 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 increased by 4.76% to $4.4 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $4.4 billion in Q2 2026, $4.3 billion in Q1 2026, and $4.2 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of America 2,119.43 Bn 1,530.93 Bn 30.39 Bn 18.63 Bn
2 Morgan Stanley 330.57 Bn 170.43 Bn - 13.90 Bn
3 Goldman Sachs 305.73 Bn -670.62 Bn - 11.67 Bn
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn 17.50 Bn
5 Royal Bank Of Canada 290.20 Bn 63.31 Bn - 7.02 Bn
6 Wells Fargo & Company 272.00 Bn 68.03 Bn - 13.66 Bn
7 American Express 217.39 Bn 168.07 Bn 17.99 Bn 14.48 Bn
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn -7.44 Bn
9 Toronto Dominion Bank 207.43 Bn 46.10 Bn - 6.08 Bn
10 Us Bancorp \De\ 96.95 Bn 96.95 Bn - 4.43 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.43 Bn
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