Cost of Revenue

Interest Expense on Long-Term Debt

U.S. Bancorp Interest Expense on Long-Term Debt decreased by 5.4% to $646.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.7%, from $664.00M to $646.00M. Over 4 years (FY 2021 to FY 2025), Interest Expense on Long-Term Debt shows an upward trend with a 46.8% CAGR.

Analysis

StatementIncome Statement
SectionCost of Revenue
First reportedQ1 2017
Last reportedQ1 2026May 4, 2026
Metric ID: bac_interest_expense_long_term_debt

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$145.00M$142.00M$139.00M$144.00M$156.00M$198.00M$282.00M$376.00M$432.00M$488.00M$569.00M$625.00M$638.00M$663.00M$656.00M$664.00M$721.00M$729.00M$683.00M$646.00M
QoQ Change-2.1%-2.1%+3.6%+8.3%+26.9%+42.4%+33.3%+14.9%+13.0%+16.6%+9.8%+2.1%+3.9%-1.1%+1.2%+8.6%+1.1%-6.3%-5.4%
YoY Change+7.6%+39.4%+102.9%+161.1%+176.9%+146.5%+101.8%+66.2%+47.7%+35.9%+15.3%+6.2%+13.0%+10.0%+4.1%-2.7%
Range$139.00M$729.00M
CAGR+37.0%
Avg YoY Growth+58.2%
Median YoY Growth+37.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is U.S. Bancorp's interest expense on long-term debt?
U.S. Bancorp (USB) reported interest expense on long-term debt of $646.00M in Q1 2026.
How has U.S. Bancorp's interest expense on long-term debt changed year-over-year?
U.S. Bancorp's interest expense on long-term debt decreased by 2.7% year-over-year, from $664.00M to $646.00M.
What is the long-term trend for U.S. Bancorp's interest expense on long-term debt?
Over 4 years (2021 to 2025), U.S. Bancorp's interest expense on long-term debt has grown at a 46.8% compound annual growth rate (CAGR), from $603.00M to $2.80B.