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.
An increase may signal scaling of the business or rising operational costs, while a decrease suggests improved efficiency or successful cost-containment initiatives.
This metric captures all operating costs incurred by the Wealth Management and Investment Services segment, excluding in...
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.
usb_segment_wealth_management_and_investment_services_noninterest_expense| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | 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 | $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% |