Discontinued — last reported Q3 '23

Current Liabilities

Securities Borrowed Collateral Obligation to Return

U.S. Bancorp Securities Borrowed Collateral Obligation to Return decreased by 0.7% to $1.77B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 21.7%, from $1.45B to $1.77B. Over 5 years (FY 2020 to FY 2025), Securities Borrowed Collateral Obligation to Return shows relatively stable performance with a 1.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2023

How to read this metric

An increase suggests higher activity in securities lending markets or increased short-covering needs, while a decrease indicates reduced borrowing volume.

Detailed definition

This represents the liability arising from cash or non-cash collateral received from counterparties in securities borrow...

Peer comparison

Standard across large financial institutions engaged in prime brokerage and market-making activities.

Metric ID: securities_borrowed_collateral_obligation_return

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$1.88B$1.93B$1.82B$1.41B$1.61B$1.64B$1.55B$1.71B$1.67B$1.63B$1.72B$1.78B$1.76B$1.85B$1.45B$1.75B$1.64B$1.78B$1.77B
QoQ Change+2.6%-5.6%-22.3%+14.0%+2.1%-5.7%+10.6%-2.5%-2.2%+5.1%+3.5%-0.8%+5.1%-21.5%+20.1%-5.9%+8.5%-0.7%
YoY Change-14.2%-14.7%-14.9%+21.2%+3.8%-0.5%+10.9%+3.8%+5.5%+13.3%-15.4%-1.8%-6.8%-3.7%+21.7%
Range$1.41B$1.93B
CAGR-1.3%
Avg YoY Growth+0.6%
Median YoY Growth-0.5%

Frequently Asked Questions

What is U.S. Bancorp's securities borrowed collateral obligation to return?
U.S. Bancorp (USB) reported securities borrowed collateral obligation to return of $1.77B in Q4 2025.
How has U.S. Bancorp's securities borrowed collateral obligation to return changed year-over-year?
U.S. Bancorp's securities borrowed collateral obligation to return increased by 21.7% year-over-year, from $1.45B to $1.77B.
What is the long-term trend for U.S. Bancorp's securities borrowed collateral obligation to return?
Over 5 years (2020 to 2025), U.S. Bancorp's securities borrowed collateral obligation to return has grown at a 1.2% compound annual growth rate (CAGR), from $1.67B to $1.77B.
What does securities borrowed collateral obligation to return mean?
The amount of collateral the bank must return to parties from whom it has borrowed securities.