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Fair value of long-term debt

U.S. Bancorp Fair value of long-term debt increased by 15.2% to $1.63B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 152.6%, from $645M to $1.63B.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026May 4, 2026

How to read this metric

An increase relative to carrying value may indicate a decline in market interest rates or improved creditworthiness, while a decrease suggests rising rates or increased credit risk.

Detailed definition

The estimated market value of the company's long-term debt obligations if they were traded or settled in the current mar...

Peer comparison

Most large financial institutions report fair value of debt in footnotes; peer banks typically show values that fluctuate with the interest rate environment.

Metric ID: other_long_term_debt_fair_value

Historical Data

8 periods
 Q4 '23Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0$45M$391M$645M$1.15B$1.41B$1.41B$1.63B
QoQ Change+768.9%+65.0%+78.6%+22.2%+0.4%+15.2%
YoY Change>999%+261.6%+152.6%
Range$0$1.63B
Avg YoY Growth>999%
Median YoY Growth+261.6%
Current Streak6+ quarters growth

Frequently Asked Questions

What is U.S. Bancorp's fair value of long-term debt?
U.S. Bancorp (USB) reported fair value of long-term debt of $1.63B in Q1 2026.
How has U.S. Bancorp's fair value of long-term debt changed year-over-year?
U.S. Bancorp's fair value of long-term debt increased by 152.6% year-over-year, from $645M to $1.63B.
What does fair value of long-term debt mean?
The current market price of the company's long-term debt.