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) Research & Development (2009 - 2026)

Us Bancorp \De\'s (USB) quarterly Research & Development came in at $601.0 million in Q2 2026, up 12.55% year-over-year from $534.0 million in Q2 2025, and up 4.89% quarter-over-quarter from $573.0 million in Q1 2026.

Analysis

Us Bancorp \De\ (USB) Research & Development (2009 - 2026) Analysis & Trends

Us Bancorp \De\ has disclosed Research & Development across 18 years of filings, most recently posting $601.0 million for Q2 2026.

  • In Q2 2026, Research & Development rose 12.55% year-over-year to $601.0 million; the TTM figure through Jun 2026 stood at $2.3 billion (up 9.08% YoY), while the FY2025 annual figure was $2.2 billion, up 6.61% from the prior year.
  • Research & Development came in at $601.0 million for Q2 2026 at Us Bancorp \De\, up from $573.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $601.0 million in Q2 2026 to a low of $419.0 million in Q2 2022.
  • Average Research & Development over 5 years is $513.0 million, with a median of $517.5 million recorded in 2023.
  • Year-over-year, Research & Development declined 28.95% in 2022 and grew 24.58% in 2023.
  • Over 5 years, Research & Development stood at $459.0 million in 2022, then advanced by 11.76% to $513.0 million in 2023, then grew by 4.09% to $534.0 million in 2024, then advanced by 9.36% to $584.0 million in 2025, then grew by 2.91% to $601.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $601.0 million in Q2 2026, $573.0 million in Q1 2026, and $584.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Bank Of America 2,119.43 Bn 1,530.93 Bn 30.39 Bn 1.92 Bn
2 Morgan Stanley 330.57 Bn 170.43 Bn - 1.20 Bn
3 Goldman Sachs 305.73 Bn -670.62 Bn - 635.00 Mn
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn -
5 Royal Bank Of Canada 290.20 Bn 63.31 Bn - 284.73 Mn
6 Wells Fargo & Company 272.00 Bn 68.03 Bn - -
7 American Express 217.39 Bn 168.07 Bn 17.99 Bn 1.76 Bn
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn -
9 Toronto Dominion Bank 207.43 Bn 46.10 Bn - -
10 Us Bancorp \De\ 96.95 Bn 96.95 Bn - 601.00 Mn
Historic Data

Historic Data

Download Data
DateValue
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 513.00 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