Compensation and employee benefits
U.S. Bancorp Compensation and employee benefits increased by 3.9% to $2.63B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.3%, from $2.64B to $2.63B. Over 4 years (FY 2021 to FY 2025), Compensation and employee benefits shows an upward trend with a 4.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Rising costs may indicate headcount growth or competitive wage pressure, while declining costs could signal efficiency gains or restructuring.
Detailed definition
The total cost of human capital, including salaries, bonuses, health benefits, and equity-based compensation. As the lar...
Peer comparison
Standard line item for all financial services firms, often analyzed as a percentage of total revenue.
other_employee_benefits_and_share_based_compensationHistorical Data
| 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 | $2.18B | $2.18B | $2.18B | $2.25B | $2.25B | $2.26B | $2.40B | $2.65B | $2.65B | $2.62B | $2.51B | $2.69B | $2.62B | $2.64B | $2.61B | $2.64B | $2.60B | $2.56B | $2.53B | $2.63B |
| QoQ Change | — | +0.0% | +0.0% | +3.1% | -0.1% | +0.6% | +6.3% | +10.2% | +0.0% | -1.2% | -4.1% | +7.3% | -2.7% | +0.7% | -1.1% | +1.2% | -1.4% | -1.5% | -1.2% | +3.9% |
| YoY Change | — | — | — | — | +2.9% | +3.6% | +10.1% | +17.7% | +17.8% | +15.7% | +4.5% | +1.7% | -1.0% | +0.8% | +3.9% | -2.0% | -0.7% | -2.9% | -3.0% | -0.3% |
Business Segments
| Segment | Q3 '23 | Q4 '23 | Q1 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Wealth, Corporate, Commercial and Institutional Banking | — | — | — | $553.00M | $535.00M | $530.00M | $534.00M | $580.00M |
| Consumer and Business Banking | — | — | — | $525.00M | $528.00M | $526.00M | $530.00M | $522.00M |
| Payment Services | — | — | — | $212.00M | $220.00M | $227.00M | $232.00M | $232.00M |
| Treasury and Corporate Support | $1.27B | $1.27B | $1.34B | $1.35B | — | — | — | — |
| Total | $2.62B | $2.51B | $2.69B | $2.64B | $2.60B | $2.56B | $2.53B | $2.63B |
Treasury and Corporate Support was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Compensation and employee benefits at Other Companies
Frequently Asked Questions
- What is U.S. Bancorp's compensation and employee benefits?
- U.S. Bancorp (USB) reported compensation and employee benefits of $2.63B in Q1 2026.
- How has U.S. Bancorp's compensation and employee benefits changed year-over-year?
- U.S. Bancorp's compensation and employee benefits decreased by 0.3% year-over-year, from $2.64B to $2.63B.
- What is the long-term trend for U.S. Bancorp's compensation and employee benefits?
- Over 4 years (2021 to 2025), U.S. Bancorp's compensation and employee benefits has grown at a 4.3% compound annual growth rate (CAGR), from $8.73B to $10.33B.
- What does compensation and employee benefits mean?
- Total costs related to employee salaries, benefits, and stock-based pay.