Us Bancorp (USB) Rent Expense (2016 - 2026)
Quarterly results put Rent Expense at $304.0 million for Q1 2026, down 0.65% from a year ago — trailing twelve months through Mar 2026 was $1.2 billion (down 2.47% YoY), and the annual figure for FY2025 was $1.2 billion, down 1.52%.
Us Bancorp \De\ has reported Rent Expense over the past 18 years, most recently at $304.0 million for Q1 2026.
- Rent Expense reached $304.0 million in Q1 2026 per USB's latest filing, down from $320.0 million in the prior quarter.
- Across five years, Rent Expense topped out at $321.0 million in Q1 2023 and bottomed at $265.0 million in Q2 2022.
- Median Rent Expense over the past 5 years was $306.0 million (2025), compared with a mean of $302.3 million.
- The largest annual shift saw Rent Expense increased 19.33% in 2023 before it dropped 7.79% in 2024.
- Over 5 years, Rent Expense stood at $290.0 million in 2022, then rose by 8.97% to $316.0 million in 2023, then grew by 0.32% to $317.0 million in 2024, then grew by 0.95% to $320.0 million in 2025, then dropped by 5.0% to $304.0 million in 2026.
- Business Quant data shows Rent Expense for USB at $304.0 million in Q1 2026, $320.0 million in Q4 2025, and $300.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 91,520.55 Bn | 91,520.55 Bn | - | - |
| 2 | Bank Bradesco | 6,974.45 Bn | 6,958.51 Bn | - | - |
| 3 | First Capital | 178.68 Bn | 178.53 Bn | - | 634,000.00 |
| 4 | Landmark Bancorp | 170.33 Bn | 170.30 Bn | - | 1.45 Mn |
| 5 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 6 | NatWest | 156.60 Bn | -88.97 Bn | - | - |
| 7 | Shinhan Financial | 131.59 Bn | 130.68 Bn | - | - |
| 8 | Pnc Financial Services | 88.50 Bn | 88.55 Bn | - | 262.00 Mn |
| 9 | Us Bancorp \De\ | 84.80 Bn | 85.26 Bn | - | - |
| 10 | Banco Santander (Brasil) | 66.97 Bn | 66.97 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 304.00 Mn |
| Mar 31, 2026 | 304.00 Mn |
| Dec 31, 2025 | 320.00 Mn |
| Dec 31, 2025 | 320.00 Mn |
| Sep 30, 2025 | 300.00 Mn |
| Sep 30, 2025 | 300.00 Mn |
| Jun 30, 2025 | 301.00 Mn |
| Jun 30, 2025 | 301.00 Mn |
| Mar 31, 2025 | 306.00 Mn |
| Mar 31, 2025 | 306.00 Mn |
| Dec 31, 2024 | 317.00 Mn |
| Dec 31, 2024 | 317.00 Mn |
| Sep 30, 2024 | 317.00 Mn |
| Sep 30, 2024 | 317.00 Mn |
| Jun 30, 2024 | 316.00 Mn |
| Jun 30, 2024 | 316.00 Mn |
| Mar 31, 2024 | 296.00 Mn |
| Mar 31, 2024 | 296.00 Mn |
| Dec 31, 2023 | 316.00 Mn |
| Dec 31, 2023 | 316.00 Mn |
| Sep 30, 2023 | 313.00 Mn |
| Sep 30, 2023 | 313.00 Mn |
| Jun 30, 2023 | 316.00 Mn |
| Jun 30, 2023 | 316.00 Mn |
| Mar 31, 2023 | 321.00 Mn |
| Mar 31, 2023 | 321.00 Mn |
| Dec 31, 2022 | 290.00 Mn |
| Dec 31, 2022 | 290.00 Mn |
| Sep 30, 2022 | 272.00 Mn |
| Sep 30, 2022 | 272.00 Mn |
| Jun 30, 2022 | 265.00 Mn |
| Jun 30, 2022 | 265.00 Mn |
| Mar 31, 2022 | 269.00 Mn |
| Mar 31, 2022 | 269.00 Mn |
| Dec 31, 2021 | 268.00 Mn |
| Dec 31, 2021 | 268.00 Mn |
| Sep 30, 2021 | 259.00 Mn |
| Sep 30, 2021 | 259.00 Mn |
| Jun 30, 2021 | 258.00 Mn |
| Jun 30, 2021 | 258.00 Mn |
| Mar 31, 2021 | 263.00 Mn |
| Mar 31, 2021 | 263.00 Mn |
| Dec 31, 2020 | 269.00 Mn |
| Dec 31, 2020 | 269.00 Mn |
| Sep 30, 2020 | 276.00 Mn |
| Sep 30, 2020 | 276.00 Mn |
| Jun 30, 2020 | 271.00 Mn |
| Jun 30, 2020 | 271.00 Mn |
| Mar 31, 2020 | 276.00 Mn |
| Mar 31, 2020 | 276.00 Mn |
| Dec 31, 2019 | 286.00 Mn |
| Dec 31, 2019 | 286.00 Mn |
| Sep 30, 2019 | 279.00 Mn |
| Sep 30, 2019 | 279.00 Mn |
| Jun 30, 2019 | 281.00 Mn |
| Jun 30, 2019 | 281.00 Mn |
| Mar 31, 2019 | 277.00 Mn |
| Mar 31, 2019 | 277.00 Mn |
| Dec 31, 2018 | 266.00 Mn |
| Dec 31, 2018 | 266.00 Mn |
| Sep 30, 2018 | 270.00 Mn |
| Sep 30, 2018 | 270.00 Mn |
| Jun 30, 2018 | 262.00 Mn |
| Jun 30, 2018 | 262.00 Mn |
| Mar 31, 2018 | 265.00 Mn |
| Mar 31, 2018 | 265.00 Mn |
| Dec 31, 2017 | 259.00 Mn |
| Dec 31, 2017 | 259.00 Mn |
| Sep 30, 2017 | 258.00 Mn |
| Sep 30, 2017 | 258.00 Mn |
| Jun 30, 2017 | 255.00 Mn |
| Jun 30, 2017 | 255.00 Mn |
| Mar 31, 2017 | 247.00 Mn |
| Mar 31, 2017 | 247.00 Mn |
| Dec 31, 2016 | 247.00 Mn |
| Dec 31, 2016 | 247.00 Mn |
| Sep 30, 2016 | 250.00 Mn |
| Sep 30, 2016 | 250.00 Mn |
| Jun 30, 2016 | 243.00 Mn |
| Jun 30, 2016 | 243.00 Mn |