Non-Current Assets
Goodwill
U.S. Bancorp Goodwill decreased by 0.1% to $12.63B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.6%, from $12.56B to $12.63B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 5.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalLower is better
VolatilityStable
First reportedQ4 2012
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase indicates recent M&A activity, while a decrease often signals impairment charges due to underperforming acquisitions.
Detailed definition
Goodwill represents the premium paid over the fair value of identifiable net assets during business acquisitions. It ref...
Peer comparison
Common among large banks that grow through frequent acquisitions.
Metric ID:
goodwillHistorical Data
20 periods
| 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 | $9.91B | $10B | $10.26B | $10.25B | $10.16B | $10.13B | $12.37B | $12.56B | $12.49B | $12.47B | $12.49B | $12.48B | $12.48B | $12.57B | $12.54B | $12.56B | $12.64B | $12.63B | $12.64B | $12.63B |
| QoQ Change | — | +0.9% | +2.7% | -0.1% | -0.9% | -0.3% | +22.2% | +1.5% | -0.6% | -0.1% | +0.1% | -0.1% | -0.0% | +0.8% | -0.3% | +0.2% | +0.7% | -0.0% | +0.0% | -0.1% |
| YoY Change | — | — | — | — | +2.5% | +1.3% | +20.6% | +22.5% | +22.9% | +23.2% | +0.9% | -0.6% | -0.1% | +0.8% | +0.4% | +0.6% | +1.3% | +0.5% | +0.8% | +0.6% |
Range$9.91B – $12.64B
CAGR+5.2%
Avg YoY Growth+6.1%
Median YoY Growth+0.9%
Business Segments
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Wealth, Corporate, Commercial and Institutional Banking | — | — | $4.83B | $4.82B | $4.83B |
| Consumer And Business Banking | $3.25B | $4.47B | $4.33B | $4.33B | $4.33B |
| Payment Services | $3.34B | $3.32B | $3.34B | $3.39B | $3.48B |
| Treasury and Corporate Support | — | — | $0 | $0 | $0 |
| Total | $10.26B | $12.37B | $12.49B | $12.54B | $12.64B |
Goodwill at Other Companies
Frequently Asked Questions
- What is U.S. Bancorp's goodwill?
- U.S. Bancorp (USB) reported goodwill of $12.63B in Q1 2026.
- How has U.S. Bancorp's goodwill changed year-over-year?
- U.S. Bancorp's goodwill increased by 0.6% year-over-year, from $12.56B to $12.63B.
- What is the long-term trend for U.S. Bancorp's goodwill?
- Over 5 years (2020 to 2025), U.S. Bancorp's goodwill has grown at a 5.0% compound annual growth rate (CAGR), from $9.92B to $12.64B.
- What does goodwill mean?
- The excess purchase price paid for an acquisition over the fair value of its net assets.