What is U.S. Bancorp's payment services — provision for credit losses?

U.S. Bancorp (USB) reported payment services — provision for credit losses of $347M in Q1 2026.

How has U.S. Bancorp's payment services — provision for credit losses changed year-over-year?

U.S. Bancorp's payment services — provision for credit losses increased by 9.5% year-over-year, from $317M to $347M.

What is the long-term trend for U.S. Bancorp's payment services — provision for credit losses?

Over 3 years (2022 to 2025), U.S. Bancorp's payment services — provision for credit losses has grown at a 17.0% compound annual growth rate (CAGR), from $980M to $1.57B.

What does payment services — provision for credit losses mean?

The amount set aside to cover potential losses from unpaid loans or credit defaults in the payment services segment.

Business Segments · Provision for Credit Losses

Payment Services — Provision for Credit Losses

U.S. Bancorp Payment Services — Provision for Credit Losses decreased by 24.7% to $347M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.5%, from $317M to $347M. Over 3 years (FY 2022 to FY 2025), Payment Services — Provision for Credit Losses shows an upward trend with a 17.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryRisk

SignalLower is better

VolatilityVolatile

First reportedQ1 2014

Last reportedQ1 2026May 4, 2026

Rolls up toProvision for Credit Losses

How to read this metric

An increase suggests rising credit risk or portfolio growth, while a decrease may signal improved credit quality or a more favorable economic outlook.

Detailed definition

This represents the expense recognized to maintain an adequate allowance for expected credit losses on loans and receiva...

Peer comparison

Standard across all financial institutions; comparable to credit loss provisions in consumer or commercial lending segments.

Metric ID: usb_segment_payment_services_provision_for_credit_losses

Historical 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	$245M	$245M	$245M	$245M	$220M	$314M	$399M	$461M	$359M	$388M	$404M	$463M	$317M	$384M	$408M	$461M	$347M
QoQ Change	—	+0.0%	+0.0%	+0.0%	-10.2%	+42.7%	+27.1%	+15.5%	-22.1%	+8.1%	+4.1%	+14.6%	-31.5%	+21.1%	+6.3%	+13.0%	-24.7%
YoY Change	—	—	—	—	-10.2%	+28.2%	+62.9%	+88.2%	+63.2%	+23.6%	+1.3%	+0.4%	-11.7%	-1.0%	+1.0%	-0.4%	+9.5%

Range$220M – $463M

CAGR+9.1%

Avg YoY Growth+19.6%

Median YoY Growth+1.3%

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Frequently Asked Questions

What is U.S. Bancorp's payment services — provision for credit losses?: U.S. Bancorp (USB) reported payment services — provision for credit losses of $347M in Q1 2026.
How has U.S. Bancorp's payment services — provision for credit losses changed year-over-year?: U.S. Bancorp's payment services — provision for credit losses increased by 9.5% year-over-year, from $317M to $347M.
What is the long-term trend for U.S. Bancorp's payment services — provision for credit losses?: Over 3 years (2022 to 2025), U.S. Bancorp's payment services — provision for credit losses has grown at a 17.0% compound annual growth rate (CAGR), from $980M to $1.57B.
What does payment services — provision for credit losses mean?: The amount set aside to cover potential losses from unpaid loans or credit defaults in the payment services segment.