Non-Current Assets
Premises and equipment
U.S. Bancorp Premises and equipment increased by 1.4% to $3.82B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.6%, from $3.58B to $3.82B. Over 3 years (FY 2022 to FY 2025), Premises and equipment shows relatively stable performance with a -0.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase suggests capital investment in expansion or modernization, while a decrease may indicate asset divestiture or a shift toward digital-only banking models.
Detailed definition
This represents the net book value of tangible assets used in the bank's operations, including branch facilities, office...
Peer comparison
Varies significantly based on the bank's branch strategy versus digital-first competitors.
Metric ID:
non_current_assets_property_plant_and_equipment_and_righ_317bd8Historical Data
11 periods
| Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.86B | $3.62B | $3.54B | $3.57B | $3.59B | $3.57B | $3.58B | $3.63B | $3.7B | $3.77B | $3.82B |
| QoQ Change | — | -6.1% | -2.4% | +0.9% | +0.4% | -0.6% | +0.5% | +1.2% | +1.9% | +2.0% | +1.4% |
| YoY Change | — | -6.1% | — | — | — | -1.6% | +1.3% | +1.5% | +3.1% | +5.7% | +6.6% |
Range$3.54B – $3.86B
CAGR-0.4%
Avg YoY Growth+1.5%
Median YoY Growth+1.5%
Current Streak5 quarters growth
Premises and equipment at Other Companies
Frequently Asked Questions
- What is U.S. Bancorp's premises and equipment?
- U.S. Bancorp (USB) reported premises and equipment of $3.82B in Q1 2026.
- How has U.S. Bancorp's premises and equipment changed year-over-year?
- U.S. Bancorp's premises and equipment increased by 6.6% year-over-year, from $3.58B to $3.82B.
- What is the long-term trend for U.S. Bancorp's premises and equipment?
- Over 3 years (2022 to 2025), U.S. Bancorp's premises and equipment has grown at a -0.8% compound annual growth rate (CAGR), from $3.86B to $3.77B.
- What does premises and equipment mean?
- The net value of the bank's physical buildings, equipment, and operational infrastructure.