U.S. Bancorp (N:USB)

Business Focus: Banks

Sector:  Financials Industry:  Banks
 
See Regulatory Filings on SEC
Company Contact
Address: 800 Nicollet Mall
MINNEAPOLIS MN 55402-7000
Tel: N/A
Website: www.usbank.com
IR: See website
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Key People
Andrew J. Cecere
Chairman of the Board, President, Chief Executive Officer
Jeffry H. von Gillern
Vice Chairman - Technology and Operations Services
Katherine B. Quinn
Vice Chairman, Chief Administrative Officer
Jodi L. Richard
Vice Chairman, Chief Risk Officer
Terrance R. Dolan
Vice Chairman, Chief Financial Officer
John R. Elmore
Vice Chairman - Community Banking and Branch Delivery
Leslie V. Godridge
Vice Chairman - Corporate and Commercial Banking
Gunjan Kedia
Vice Chairman - Wealth Management & Investment Services
James B. Kelligrew
Vice Chairman - Corporate and Commercial Banking
Shailesh M. Kotwal
Vice Chairman - Payment Services
   
Business Overview
U.S. Bancorp is a multi-state financial services holding company. The Company provides a full range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and automated teller machine (ATM) processing, mortgage banking, insurance, brokerage and leasing. The Company's banking subsidiary, U.S. Bank National Association, is engaged in the general banking business, principally in domestic markets. U.S. Bank National Association provides a range of products and services to individuals, businesses, institutional organizations, governmental entities and other financial institutions. As of December 31, 2016, the Company's loan portfolio was $273.2 billion. As of December 31, 2016, its investment securities amounted to $109.3 billion. As of December 31, 2016, the Company's deposits amounted to $334,590 billion.
Financial Overview
For the three months ended 31 March 2019, U.S. Bancorp interest income increased 15% to $4.35B. Net interest income after loan loss provision increased 2% to $2.88B. Net income applicable to common stockholders increased 1% to $1.61B. Net interest income after loan loss provision reflects Consumer And Business Banking segment increase of 2% to $1.5B, Corporate and Commercial Banking segment increase of 4% to $736M, Net Interest Margin.
Employees: 73,333 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $126,796M as of Mar 31, 2019
Annual revenue (TTM): $16,733M as of Mar 31, 2019
EBITDA (TTM): $10,698M as of Mar 31, 2019
Net annual income (TTM): $6,800M as of Mar 31, 2019
Free cash flow (TTM): $7,954M as of Mar 31, 2019
Net Debt Last Fiscal Year: $37,961M as of Mar 31, 2019
Shares outstanding: 1,599,037,101 as of Mar 31, 2019
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization