Other

Merchant processing services

U.S. Bancorp Merchant processing services decreased by 0.9% to $436.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.1%, from $415.00M to $436.00M. Over 4 years (FY 2021 to FY 2025), Merchant processing services shows an upward trend with a 5.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026May 4, 2026

How to read this metric

Higher revenue indicates growth in the merchant client base and increased consumer spending at those merchants.

Detailed definition

This represents the revenue earned by the bank for processing card transactions for merchants. It is a key component of...

Peer comparison

Comparable to other financial institutions with merchant acquiring or payment processing business units.

Metric ID: other_merchant_discount_fee

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$374.00M$392.00M$365.00M$363.00M$425.00M$406.00M$385.00M$387.00M$436.00M$427.00M$409.00M$401.00M$454.00M$440.00M$419.00M$415.00M$474.00M$463.00M$440.00M$436.00M
QoQ Change+4.8%-6.9%-0.5%+17.1%-4.5%-5.2%+0.5%+12.7%-2.1%-4.2%-2.0%+13.2%-3.1%-4.8%-1.0%+14.2%-2.3%-5.0%-0.9%
YoY Change+13.6%+3.6%+5.5%+6.6%+2.6%+5.2%+6.2%+3.6%+4.1%+3.0%+2.4%+3.5%+4.4%+5.2%+5.0%+5.1%
Range$363.00M$474.00M
CAGR+3.3%
Avg YoY Growth+5.0%
Median YoY Growth+4.7%
Current Streak3 quarters decline

Frequently Asked Questions

What is U.S. Bancorp's merchant processing services?
U.S. Bancorp (USB) reported merchant processing services of $436.00M in Q1 2026.
How has U.S. Bancorp's merchant processing services changed year-over-year?
U.S. Bancorp's merchant processing services increased by 5.1% year-over-year, from $415.00M to $436.00M.
What is the long-term trend for U.S. Bancorp's merchant processing services?
Over 4 years (2021 to 2025), U.S. Bancorp's merchant processing services has grown at a 5.5% compound annual growth rate (CAGR), from $1.45B to $1.79B.
What does merchant processing services mean?
Revenue generated from fees charged to merchants for processing their card payments.