Other
Noninterest Expense
U.S. Bancorp Noninterest Expense increased by 0.9% to $4.27B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.8%, from $4.23B to $4.27B. Over 4 years (FY 2021 to FY 2025), Noninterest Expense shows an upward trend with a 5.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase relative to revenue indicates declining operational efficiency, whereas a decrease suggests successful cost management or improved economies of scale.
Detailed definition
This metric aggregates all operating costs that are not related to interest-bearing liabilities, providing a comprehensi...
Peer comparison
Standardized across the banking industry as a primary measure of non-interest operating costs.
Metric ID:
other_noninterest_expenseHistorical 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 | $3.39B | $3.43B | $3.53B | $3.50B | $3.72B | $3.64B | $4.04B | $4.56B | $4.57B | $4.53B | $5.22B | $4.46B | $4.21B | $4.20B | $4.31B | $4.23B | $4.18B | $4.20B | $4.23B | $4.27B |
| QoQ Change | — | +1.2% | +3.0% | -0.9% | +6.3% | -2.3% | +11.2% | +12.7% | +0.3% | -0.9% | +15.2% | -14.6% | -5.5% | -0.2% | +2.5% | -1.8% | -1.2% | +0.4% | +0.7% | +0.9% |
| YoY Change | — | — | — | — | +9.9% | +6.1% | +14.4% | +30.1% | +22.7% | +24.6% | +29.1% | -2.1% | -7.8% | -7.2% | -17.4% | -5.1% | -0.8% | -0.2% | -1.9% | +0.8% |
Range$3.39B – $5.22B
CAGR+5.0%
Avg YoY Growth+5.9%
Median YoY Growth+0.3%
Current Streak3 quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Wealth, Corporate, Commercial and Institutional Banking | $1.37B | $1.36B | $1.34B | $1.34B | $1.35B | $1.33B | $1.34B | $1.51B |
| Consumer And Business Banking | $1.62B | $1.69B | $1.68B | $1.57B | $1.60B | $1.60B | $1.56B | $1.43B |
| Payment Services | $983.00M | $1.03B | $1.02B | $1.01B | $1.03B | $1.04B | $1.05B | $1.06B |
| Treasury And Corporate Support | $235.00M | $129.00M | $269.00M | $313.00M | — | — | — | — |
| Total | $4.21B | $4.20B | $4.31B | $4.23B | $4.18B | $4.20B | $4.23B | $4.27B |
Noninterest Expense at Other Companies
Frequently Asked Questions
- What is U.S. Bancorp's noninterest expense?
- U.S. Bancorp (USB) reported noninterest expense of $4.27B in Q1 2026.
- How has U.S. Bancorp's noninterest expense changed year-over-year?
- U.S. Bancorp's noninterest expense increased by 0.8% year-over-year, from $4.23B to $4.27B.
- What is the long-term trend for U.S. Bancorp's noninterest expense?
- Over 4 years (2021 to 2025), U.S. Bancorp's noninterest expense has grown at a 5.2% compound annual growth rate (CAGR), from $13.73B to $16.84B.
- What does noninterest expense mean?
- The total operating expenses incurred by the company excluding interest-related costs.