Us Bancorp (USB) Other Operating Expenses (2009 - 2026)
Us Bancorp (USB) reported Other Operating Expenses of $601 million for Q2 2026, up 12.5% from $534 million a year earlier and up 4.9% from the prior quarter.
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Analysis
Us Bancorp (USB) Other Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Us Bancorp's Other Operating Expenses came in at $2.32 billion, up 9.1% year-over-year; for FY2025, it was $2.21 billion, up 6.6% from FY2024.
- Other Operating Expenses has a five-year compound annual growth rate of 3.8% (FY2020 to FY2025).
- By year, Other Operating Expenses came in at $2.07 billion in FY2024 (-6.2%), $2.21 billion in FY2023 (+28.1%), $1.73 billion in FY2022 (-0.1%) and $1.73 billion in FY2021 (-5.7%).
- The Q2 2026 figure ranks as the highest quarterly Other Operating Expenses since Q4 2023.
- Year over year, Other Operating Expenses has now increased in each of the last six quarters, with growth averaging 3.5% over the last eight quarters.
- The high point for year-over-year Other Operating Expenses in five years was Q4 2021 (growth of 47.2%); the low point was Q4 2022 (a decline of 28.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $573 million (Q1 2026), $584 million (Q4 2025) and $560 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | Us Bancorp | 90.01 Bn | 90.47 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 601.00 Mn |
| Mar 31, 2026 | 573.00 Mn |
| Dec 31, 2025 | 584.00 Mn |
| Sep 30, 2025 | 560.00 Mn |
| Jun 30, 2025 | 534.00 Mn |
| Mar 31, 2025 | 533.00 Mn |
| Dec 31, 2024 | 534.00 Mn |
| Sep 30, 2024 | 524.00 Mn |
| Jun 30, 2024 | 509.00 Mn |
| Mar 31, 2024 | 507.00 Mn |
| Dec 31, 2023 | 675.00 Mn |
| Sep 30, 2023 | 511.00 Mn |
| Jun 30, 2023 | 522.00 Mn |
| Mar 31, 2023 | 503.00 Mn |
| Dec 31, 2022 | 459.00 Mn |
| Sep 30, 2022 | 427.00 Mn |
| Jun 30, 2022 | 419.00 Mn |
| Mar 31, 2022 | 421.00 Mn |
| Dec 31, 2021 | 646.00 Mn |
| Sep 30, 2021 | 361.00 Mn |
API Access
Us Bancorp Other Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=USB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "ticker": "USB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=USB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();