Us Bancorp (USB) Rent Expense (2009 - 2026)
Us Bancorp \De\ (USB) posted Rent Expense of $304.0 million for Q1 2026, down 5.0% sequentially from $320.0 million in Q4 2025, and down 0.65% YoY from $306.0 million in Q1 2025.
Us Bancorp (USB) Rent Expense (2009 - 2026) Analysis & Trends
Us Bancorp \De\ has reported Rent Expense for 18 years, with the latest figure at $304.0 million in Q1 2026.
- Quarterly Rent Expense fell 0.65% year-over-year to $304.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (down 2.47% YoY) and the FY2025 annual result came in at $1.2 billion, down 1.52% from the prior year.
- Rent Expense slipped to $304.0 million in Q1 2026 per USB's latest filing, from $320.0 million in the prior quarter.
- Over five years, Rent Expense peaked at $321.0 million in Q1 2023 and troughed at $265.0 million in Q2 2022.
- A 5-year average of $302.3 million and a median of $306.0 million in 2025 frame the typical range for Rent Expense.
- The sharpest annual moves came in 2023 and 2024: Rent Expense grew 19.33% in 2023, then slipped 7.79% in 2024.
- Over 5 years, Rent Expense stood at $290.0 million in 2022, then increased by 8.97% to $316.0 million in 2023, then climbed by 0.32% to $317.0 million in 2024, then climbed by 0.95% to $320.0 million in 2025, then fell by 5.0% to $304.0 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $304.0 million, $320.0 million, and $300.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 154.00 Mn |
| 10 | Itau Unibanco Holding | 42.02 Bn | 43.71 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 303.00 Mn |
| Jun 30, 2026 | 303.00 Mn |
| 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 |