U.S. Bancorp Amortization of capitalized software and acquired intangible assets decreased by 12.7% to $110.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.6%, from $123.00M to $110.00M. Over 4 years (FY 2021 to FY 2025), Amortization of capitalized software and acquired intangible assets shows an upward trend with a 33.0% CAGR.
Higher levels often follow significant acquisitions, while lower levels suggest a lack of recent intangible asset investment or full amortization of existing assets.
Amortization is the process of expensing the cost of an intangible asset, such as acquired customer lists or software, o...
Standard for companies that grow through M&A; peers report this to show the impact of purchase accounting.
operating_amortization_of_intangible_assets| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $40.00M | $41.00M | $40.00M | $47.00M | $40.00M | $43.00M | $85.00M | $160.00M | $159.00M | $161.00M | $156.00M | $146.00M | $142.00M | $142.00M | $139.00M | $123.00M | $124.00M | $125.00M | $126.00M | $110.00M |
| QoQ Change | — | +2.5% | -2.4% | +17.5% | -14.9% | +7.5% | +97.7% | +88.2% | -0.6% | +1.3% | -3.1% | -6.4% | -2.7% | +0.0% | -2.1% | -11.5% | +0.8% | +0.8% | +0.8% | -12.7% |
| YoY Change | — | — | — | — | +0.0% | +4.9% | +112.5% | +240.4% | +297.5% | +274.4% | +83.5% | -8.8% | -10.7% | -11.8% | -10.9% | -15.8% | -12.7% | -12.0% | -9.4% | -10.6% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Consumer And Business Banking | $67.00M | $67.00M | $65.00M | $59.00M | $59.00M | $59.00M | $59.00M | $52.00M |
| Wealth, Corporate, Commercial and Institutional Banking | — | — | — | $46.00M | $46.00M | $46.00M | $46.00M | $40.00M |
| Payment Services | $23.00M | $23.00M | $24.00M | $18.00M | $20.00M | $20.00M | $21.00M | $18.00M |
| Treasury and Corporate Support | — | — | — | $0.00 | — | — | — | — |
| Total | $142.00M | $142.00M | $139.00M | $123.00M | $124.00M | $125.00M | $126.00M | $110.00M |
Treasury and Corporate Support was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.