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U.S. Bancorp USB Consumer And Business Banking — Total noninterest expense

Other segment segments

Wealth, Corporate, Commercial and Institutional Banking
$1.51B+1.6%
Payment Services
$1.06B+3.5%

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$810M+24.6%
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WFCConsumer Banking and Lending — Total noninterest expense
$6.29B+8.4%
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FITBCommercial Banking — Total noninterest expense
$734M+43.6%
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PNCRetail Banking — Total noninterest expense
$4.1B+117%
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WFCCommercial Banking — Total noninterest expense
$1.41B-7.0%
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WFCCorporate and Investment Banking — Total noninterest expense
$2.5B+10.9%

Other financials

Income statement

See full
Revenue$7.3B+4.8%
Net income$1.9B+13.8%
EPS (diluted)$1.18+14.6%

Balance sheet

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Cash & equivalents$48.4B-3.2%
Total debt$79.2B+2.9%
Total equity$65.8B+9.5%
Total assets$701.00B+3.6%

Cash flow

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Operating cash flow$1.3B+535%

Valuation

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Market cap$98.15B+41.8%
Enterprise value$128.95B+42.6%
P/E12.6×+2.5×
P/S3.4×+0.9×

Profitability

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Net margin27%+2.8pp

Returns & leverage

See full
Return on equity12.4%+0.8pp
Debt / equity1.2×-0.1×

Where this comes from

Reported directly by U.S. Bancorp in its filing.

Tagged under the XBRL concept us-gaap:NoninterestExpense.

The source filing: U.S. Bancorp’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000036104-26-000024
(Dollars in Millions)Wealth, Corporate, Commercial and Institutional Banking / 2026Wealth, Corporate, Commercial and Institutional Banking / 2025Consumer and Business Banking / 2026Consumer and Business Banking / 2025Payment Services / 2026Payment Services / 2025Treasury and Corporate Support / 2026Treasury and Corporate Support / 2025Consolidated Company / 2026Consolidated Company / 2025
Other intangibles404652591818110123
Net shared services642632553541567582(1,762)(1,755)
Other direct expenses(e)2432513043152472167336901,5271,472
Total noninterest expense1,5051,4821,4311,4401,0641,0282652824,2654,232
Income (loss) before provision and income taxes1,9771,649894858655626(503)(407)3,0232,726
Provision for credit losses6542726234731792116576537
Income (loss) before income taxes1,9121,607822796308309(595)(523)2,4472,189
Income taxes and taxable-equivalent adjustment4784022061997777(264)(205)497473

Item 1. )

FAQ

What is U.S. Bancorp's consumer and business banking — total noninterest expense?
U.S. Bancorp (USB) reported consumer and business banking — total noninterest expense of $1.43B in Q1 2026.
How has U.S. Bancorp's consumer and business banking — total noninterest expense changed year-over-year?
U.S. Bancorp's consumer and business banking — total noninterest expense decreased by 0.6% year-over-year, from $1.44B to $1.43B.
What is the long-term trend for U.S. Bancorp's consumer and business banking — total noninterest expense?
Over 4 years (2021 to 2025), U.S. Bancorp's consumer and business banking — total noninterest expense has grown at a 2.2% compound annual growth rate (CAGR), from $5.73B to $6.25B.
What does consumer and business banking — total noninterest expense mean?
Represents the total operating costs incurred by the consumer and business banking segment, excluding interest expenses. This includes compensation, technology costs, administrative overhead, and amortization of intangibles required to support retail and small business operations.

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