Business Segments · Noninterest Expense

Wealth Management And Investment Services — Noninterest Expense

U.S. Bancorp Wealth Management And Investment Services — Noninterest Expense increased by 0.9% to $4.27B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.8%, from $4.23B to $4.27B. Over 4 years (FY 2020 to FY 2025), Wealth Management And Investment Services — Noninterest Expense shows an upward trend with a 21.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase may signal scaling of the business or rising operational costs, while a decrease suggests improved efficiency or successful cost-containment initiatives.

Detailed definition

This metric captures all operating costs incurred by the Wealth Management and Investment Services segment, excluding in...

Peer comparison

Large diversified financial institutions typically benchmark this against segment revenue to calculate the efficiency ratio, with peers generally targeting a downward trend to improve operating margins.

Metric ID: usb_segment_wealth_management_and_investment_services_noninterest_expense

Historical Data

23 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.39B$505.00M$3.43B$511.00M$3.53B$582.00M$3.50B$3.72B$3.64B$4.04B$4.56B$4.57B$4.53B$5.22B$4.46B$4.21B$4.20B$4.31B$4.23B$4.18B$4.20B$4.23B$4.27B
QoQ Change-85.1%+579.0%-85.1%+591.4%-83.5%+501.7%+6.3%-2.3%+11.2%+12.7%+0.3%-0.9%+15.2%-14.6%-5.5%-0.2%+2.5%-1.8%-1.2%+0.4%+0.7%+0.9%
YoY Change+9.9%+6.1%+14.4%+30.1%+22.7%+24.6%+29.1%-2.1%-7.8%-7.2%-17.4%-5.1%-0.8%-0.2%-1.9%+0.8%
Range$505.00M$5.22B
CAGR+4.3%
Avg YoY Growth+5.9%
Median YoY Growth+0.3%
Current Streak3 quarters growth

Frequently Asked Questions

What is U.S. Bancorp's wealth management and investment services — noninterest expense?
U.S. Bancorp (USB) reported wealth management and investment services — noninterest expense of $4.27B in Q1 2026.
How has U.S. Bancorp's wealth management and investment services — noninterest expense changed year-over-year?
U.S. Bancorp's wealth management and investment services — noninterest expense increased by 0.8% year-over-year, from $4.23B to $4.27B.
What is the long-term trend for U.S. Bancorp's wealth management and investment services — noninterest expense?
Over 4 years (2020 to 2025), U.S. Bancorp's wealth management and investment services — noninterest expense has grown at a 21.5% compound annual growth rate (CAGR), from $7.72B to $16.84B.
What does wealth management and investment services — noninterest expense mean?
The total operating costs required to run the wealth management and investment services business, excluding interest-related expenses.