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Business Segments · Net shared services

Payment Services — Net shared services

U.S. Bancorp Payment Services — Net shared services increased by 3.1% to $567M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.6%, from $582M to $567M. Over 3 years (FY 2022 to FY 2025), Payment Services — Net shared services shows an upward trend with a 10.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026May 4, 2026

How to read this metric

Changes reflect shifts in corporate cost allocation policies or changes in the segment's reliance on centralized services.

Detailed definition

The net cost allocation for internal support services provided by the parent organization to the payment services segmen...

Peer comparison

Specific to large, diversified financial institutions with centralized back-office operations.

Metric ID: usb_segment_payment_services_net_shared_services

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$414M$414M$414M$414M$501.75M$501.75M$501.75M$501.75M$520M$529M$527M$535M$582M$537M$547M$550M$567M
QoQ Change+0.0%+0.0%+0.0%+21.2%+0.0%+0.0%+0.0%+3.6%+1.7%-0.4%+1.5%+8.8%-7.7%+1.9%+0.5%+3.1%
YoY Change+21.2%+21.2%+21.2%+21.2%+3.6%+5.4%+5.0%+6.6%+11.9%+1.5%+3.8%+2.8%-2.6%
Range$414M$582M
CAGR+8.2%
Avg YoY Growth+9.5%
Median YoY Growth+5.4%
Current Streak3 quarters growth

Frequently Asked Questions

What is U.S. Bancorp's payment services — net shared services?
U.S. Bancorp (USB) reported payment services — net shared services of $567M in Q1 2026.
How has U.S. Bancorp's payment services — net shared services changed year-over-year?
U.S. Bancorp's payment services — net shared services decreased by 2.6% year-over-year, from $582M to $567M.
What is the long-term trend for U.S. Bancorp's payment services — net shared services?
Over 3 years (2022 to 2025), U.S. Bancorp's payment services — net shared services has grown at a 10.2% compound annual growth rate (CAGR), from $1.66B to $2.22B.
What does payment services — net shared services mean?
The net expense charged to the payment services segment for shared corporate support functions.