Business Segments · Income taxes and taxable-equivalent adjustment
Payment Services — Income taxes and taxable-equivalent adjustment
U.S. Bancorp Payment Services — Income taxes and taxable-equivalent adjustment decreased by 11.5% to $77M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $77M to $77M. Over 3 years (FY 2022 to FY 2025), Payment Services — Income taxes and taxable-equivalent adjustment shows a downward trend with a -5.2% CAGR.
Analysis
StatementSegment
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026May 4, 2026
How to read this metric
Changes are typically driven by fluctuations in pre-tax income or changes in the effective tax rate applied to the segment.
Detailed definition
This reflects the tax expense allocated to the payment services segment, including adjustments to normalize revenue for...
Peer comparison
Comparable to tax expense allocations in segment reporting for large financial institutions.
Metric ID:
usb_segment_payment_services_income_taxes_and_taxable_equivalent_adjustmentHistorical Data
17 periods
| 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 | $112M | $112M | $112M | $112M | $103M | $105M | $74M | $63M | $79M | $97M | $102M | $78M | $77M | $109M | $109M | $87M | $77M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -8.0% | +1.9% | -29.5% | -14.9% | +25.4% | +22.8% | +5.2% | -23.5% | -1.3% | +41.6% | +0.0% | -20.2% | -11.5% |
| YoY Change | — | — | — | — | -8.0% | -6.3% | -33.9% | -43.8% | -23.3% | -7.6% | +37.8% | +23.8% | -2.5% | +12.4% | +6.9% | +11.5% | +0.0% |
Range$63M – $112M
CAGR-8.9%
Avg YoY Growth-2.5%
Median YoY Growth-2.5%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is U.S. Bancorp's payment services — income taxes and taxable-equivalent adjustment?
- U.S. Bancorp (USB) reported payment services — income taxes and taxable-equivalent adjustment of $77M in Q1 2026.
- How has U.S. Bancorp's payment services — income taxes and taxable-equivalent adjustment changed year-over-year?
- U.S. Bancorp's payment services — income taxes and taxable-equivalent adjustment decreased by 0.0% year-over-year, from $77M to $77M.
- What is the long-term trend for U.S. Bancorp's payment services — income taxes and taxable-equivalent adjustment?
- Over 3 years (2022 to 2025), U.S. Bancorp's payment services — income taxes and taxable-equivalent adjustment has grown at a -5.2% compound annual growth rate (CAGR), from $448M to $382M.
- What does payment services — income taxes and taxable-equivalent adjustment mean?
- The tax expense and related adjustments allocated to the payment services segment.