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U.S. Bancorp USB Payment Services — Total noninterest expense

Other segment segments

Wealth, Corporate, Commercial and Institutional Banking
$1.51B+1.6%
Consumer And Business Banking
$1.43B-0.6%

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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

See full
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 payment services — total noninterest expense?
U.S. Bancorp (USB) reported payment services — total noninterest expense of $1.06B in Q1 2026.
How has U.S. Bancorp's payment services — total noninterest expense changed year-over-year?
U.S. Bancorp's payment services — total noninterest expense increased by 3.5% year-over-year, from $1.03B to $1.06B.
What is the long-term trend for U.S. Bancorp's payment services — total noninterest expense?
Over 3 years (2022 to 2025), U.S. Bancorp's payment services — total noninterest expense has grown at a 5.9% compound annual growth rate (CAGR), from $3.53B to $4.19B.
What does payment services — total noninterest expense mean?
This represents the aggregate operating costs incurred by the payment services segment, excluding interest expense. It encompasses compensation, technology infrastructure, shared services allocations, and other administrative overhead required to support payment processing operations.

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