Us Bancorp \De\ (USB) Technology and Communications (2009 - 2026)
Us Bancorp's Technology and Communications came in at $666 million for Q3 2026, up 18.9% from $560 million a year earlier and up 10.8% from the prior quarter.
Us Bancorp \De\ (USB) Technology and Communications (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Us Bancorp reported Technology and Communications of $2.42 billion, up 12.2% year-over-year; for FY2025, it was $2.21 billion, up 6.6% from FY2024.
- Technology and Communications has increased in each of the last three years, with a five-year compound annual growth rate of 6.9% (FY2020 to FY2025).
- Going back by year, Technology and Communications was $2.07 billion in FY2024 (+1.2%), $2.05 billion in FY2023 (+18.7%), $1.73 billion in FY2022 (-0.1%) and $1.73 billion in FY2021 (+9.2%).
- The Q3 2026 figure represents the highest quarterly Technology and Communications in data going back to Q1 2009.
- Year-over-year, Technology and Communications has increased for nine consecutive quarters, with growth averaging 8.7% over the last eight quarters.
- The fastest year-over-year change in Technology and Communications over five years came in Q2 2023 (growth of 24.6%), and the weakest in Q4 2022 (a decline of 28.9%).
- Business Quant data shows USB's Technology and Communications at $601 million (Q2 2026), $573 million (Q1 2026) and $584 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Technology (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 3.34 Bn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | 2.01 Bn |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | 1.30 Bn |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | 284.73 Mn |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 674.00 Mn |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | - |
| 10 | Us Bancorp \De\ | 95.04 Bn | 95.50 Bn | - | 666.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 666.00 Mn |
| 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 |
Us Bancorp \De\ Technology and Communications 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=technology-and-communications&ticker=USB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "technology-and-communications", "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=technology-and-communications&ticker=USB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();