U.S. Bancorp Mortgage Banking Income increased by 23.8% to $161.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.9%, from $173.00M to $161.00M. Over 4 years (FY 2021 to FY 2025), Mortgage Banking Income shows a downward trend with a -17.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Higher income typically correlates with increased mortgage application volume and favorable interest rate environments for refinancing.
This metric represents the noninterest income generated from the origination, sale, and servicing of residential mortgag...
Standard across banks with significant mortgage operations, often labeled 'Mortgage Banking Revenue'.
wfc_mortgage_banking_income| Q2 '21 | Q3 '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 | $346.00M | $418.00M | $298.00M | $200.00M | $142.00M | $81.00M | $104.00M | $128.00M | $131.00M | $144.00M | $137.00M | $166.00M | $190.00M | $155.00M | $116.00M | $173.00M | $162.00M | $180.00M | $130.00M | $161.00M |
| QoQ Change | — | +20.8% | -28.7% | -32.9% | -29.0% | -43.0% | +28.4% | +23.1% | +2.3% | +9.9% | -4.9% | +21.2% | +14.5% | -18.4% | -25.2% | +49.1% | -6.4% | +11.1% | -27.8% | +23.8% |
| YoY Change | — | — | — | — | -59.0% | -80.6% | -65.1% | -36.0% | -7.7% | +77.8% | +31.7% | +29.7% | +45.0% | +7.6% | -15.3% | +4.2% | -14.7% | +16.1% | +12.1% | -6.9% |