Non-Current Assets
Fair value of servicing rights
U.S. Bancorp Fair value of servicing rights decreased by 4.0% to $3.16B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 6.2%, from $3.37B to $3.16B. Over 5 years (FY 2020 to FY 2025), Fair value of servicing rights shows an upward trend with a 7.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityVolatile
First reportedQ4 2014
Last reportedQ4 2025
How to read this metric
Higher values suggest a larger mortgage servicing portfolio, while declines often signal rising interest rates leading to faster prepayments.
Detailed definition
The fair value of the rights to service mortgage loans for third-party investors, such as Ginnie Mae or private securiti...
Peer comparison
Common among large retail banks with significant mortgage banking operations.
Metric ID:
non_current_assets_servicing_asset_at_fair_value_amountHistorical Data
19 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.71B | $2.91B | $2.95B | $3.43B | $3.71B | $3.87B | $3.76B | $3.72B | $3.63B | $3.58B | $3.38B | $3.46B | $3.33B | $3.19B | $3.37B | $3.31B | $3.31B | $3.29B | $3.16B |
| QoQ Change | — | +7.3% | +1.5% | +16.2% | +8.0% | +4.4% | -2.9% | -0.8% | -2.4% | -1.4% | -5.7% | +2.5% | -3.9% | -4.2% | +5.7% | -1.7% | -0.2% | -0.5% | -4.0% |
| YoY Change | — | — | — | — | +36.6% | +33.0% | +27.2% | +8.5% | -2.0% | -7.4% | -10.1% | -7.0% | -8.5% | -11.0% | -0.2% | -4.3% | -0.6% | +3.2% | -6.2% |
Range$2.71B – $3.87B
CAGR+3.4%
Avg YoY Growth+3.4%
Median YoY Growth-2.0%
Current Streak4 quarters decline
Fair value of servicing rights at Other Companies
Frequently Asked Questions
- What is U.S. Bancorp's fair value of servicing rights?
- U.S. Bancorp (USB) reported fair value of servicing rights of $3.16B in Q4 2025.
- How has U.S. Bancorp's fair value of servicing rights changed year-over-year?
- U.S. Bancorp's fair value of servicing rights decreased by 6.2% year-over-year, from $3.37B to $3.16B.
- What is the long-term trend for U.S. Bancorp's fair value of servicing rights?
- Over 5 years (2020 to 2025), U.S. Bancorp's fair value of servicing rights has grown at a 7.4% compound annual growth rate (CAGR), from $2.21B to $3.16B.
- What does fair value of servicing rights mean?
- The estimated market value of the bank's rights to collect fees for servicing mortgage loans.