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U.S. Bancorp USB Payment Services — Compensation and employee benefits

Other segment segments

Wealth, Corporate, Commercial and Institutional Banking
$580M+4.9%
Consumer and Business Banking
$522M-0.6%

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Other financials

Income statement

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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

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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:EmployeeBenefitsAndShareBasedCompensation.

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
Net interest income (taxable-equivalent basis)(a)$1,874$1,709$1,801$1,768$794$742$(178)$(97)$4,291$4,122
Noninterest income(b)(c)1,6081,422524530925912(60)(28)2,9972,836
Total net revenue(d)3,4823,1312,3252,2981,7191,654(238)(125)7,2886,958
Compensation and employee benefits5805535225252322121,2941,3472,6282,637
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

Item 1. )

FAQ

What is U.S. Bancorp's payment services — compensation and employee benefits?
U.S. Bancorp (USB) reported payment services — compensation and employee benefits of $232M in Q1 2026.
How has U.S. Bancorp's payment services — compensation and employee benefits changed year-over-year?
U.S. Bancorp's payment services — compensation and employee benefits increased by 9.4% year-over-year, from $212M to $232M.
What is the long-term trend for U.S. Bancorp's payment services — compensation and employee benefits?
Over 3 years (2022 to 2025), U.S. Bancorp's payment services — compensation and employee benefits has grown at a 2.2% compound annual growth rate (CAGR), from $835M to $891M.
What does payment services — compensation and employee benefits mean?
Total expenses related to salaries, bonuses, and benefits for personnel dedicated to the payment services segment. This reflects the human capital investment required to maintain and grow the segment's operations.

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