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| 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 |