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
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 | 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 |