OverviewSuggest Edit

U.S. Bancorp is a bank holding company providing a range of financial products and services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions. Its banking subsidiary, U.S. Bank, offers commercial and consumer lending services including traditional credit products, credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, as well as depository and ancillary services. The company also delivers asset management and fiduciary services to individuals, estates, foundations, business corporations, and charitable organizations. Its non-banking subsidiaries provide investment and insurance products, and fund administration services.

TypePublic
Founded1929
HQMinneapolis, US
Websiteusbank.com
Employee Ratings3.4
Overall CultureA

Latest Updates

Employees (est.) (Dec 2019)69,651(-5%)
Job Openings2,121
Revenue (FY, 2019)$27.3 B(+7%)
Share Price (Nov 2020)$43.3 (+2%)
Cybersecurity ratingBMore

Key People/Management at U.S. Bancorp

Andrew Cecere

Andrew Cecere

Chairman, President & Chief Executive Officer
Terrance R. Dolan

Terrance R. Dolan

Vice Chair and Chief Financial Officer
James L. Chosy

James L. Chosy

Senior Executive Vice President and General Counsel
Gregory G. Cunningham

Gregory G. Cunningham

Senior Executive Vice President and Chief Diversity Officer
Katherine B. Quinn

Katherine B. Quinn

Vice Chair and Chief Administrative Officer
Jodi L. Richard

Jodi L. Richard

Vice Chair and Chief Risk Officer
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U.S. Bancorp Office Locations

U.S. Bancorp has offices in Minneapolis, Loughlinstown and London
Minneapolis, US (HQ)
800 Nicollet Mall
Loughlinstown, IE
Cherrywood Science & Technology Park, Cherrywood
London, GB
125 Old Broad St
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U.S. Bancorp Financials and Metrics

U.S. Bancorp Revenue

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View revenue for all periods
U.S. Bancorp's revenue was reported to be $27.33 b in FY, 2019 which is a 6% increase from the previous period.
USD

Revenue (Q3, 2020)

2.7b

Net income (Q3, 2020)

1.6b

Market capitalization (13-Nov-2020)

65.2b

Closing stock price (13-Nov-2020)

43.3

Cash (30-Sept-2020)

44.0b

EV

77.4b
U.S. Bancorp's current market capitalization is $65.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

24.0b25.8b27.3b

Revenue growth, %

6%7%6%

Cost of goods sold

2.1b3.3b4.4b

Gross profit

21.9b22.5b22.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

6.1b6.4b6.5b6.6b6.9b7.1b6.6b6.3b2.7b

Cost of goods sold

623.0m751.0m872.0m1.1b1.1b1.2b893.0m472.0m

Gross profit

5.4b5.6b5.7b5.6b5.8b5.9b5.7b5.8b

Gross profit Margin, %

90%88%87%84%83%84%87%92%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

19.5b21.5b22.4b

Accounts Receivable

276.5b282.8b292.1b

PP&E

2.4b2.5b3.7b

Goodwill

9.4b9.4b9.7b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

468.0m467.0m502.0m

Cash From Operating Activities

6.5b10.6b4.9b

Cash From Investing Activities

(12.1b)(9.0b)(21.6b)

Short-term Borrowings

2.7b(2.5b)9.6b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

3.4b

Depreciation and Amortization

113.0m228.0m346.0m120.0m245.0m372.0m129.0m260.0m393.0m

Cash From Operating Activities

1.4b4.7b7.9b1.3b1.9b5.0b2.4b1.5b4.8b

Cash From Investing Activities

82.0m(2.2b)(4.2b)(6.5b)(11.9b)(21.4b)(22.3b)(18.0b)(21.8b)
USDFY, 2017

EV/CFO

18.3 x

Revenue/Employee

331.4k

Debt/Equity

1 x

Debt/Assets

0.1 x

Financial Leverage

9.3 x

P/E Ratio

15.2
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U.S. Bancorp Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

ATMs

4.77 k4.68 k4.46 k

Average Loans

$279.40 b$278.60 b$281.10 b$286.10 b$289.20 b$292.40 b$297.70 b$318.10 b

Facilities Leased

1.95 k1.93 k1.95 k

Facilities Owned

1.51 k1.50 k1.46 k
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U.S. Bancorp Acquisitions / Subsidiaries

Company NameDateDeal Size
talechSeptember 09, 2019
Vail Banks, Inc.September 01, 2006
111 Tower Investors, Inc.
Banctech Processing Services, LLC
CenPOS, LLC
Daimler Title Co.
DSL Service Company
Eclipse Funding LLC
EFS Depositary Nominees Limited
Elavon Canada Company
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U.S. Bancorp Revenue Breakdown

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U.S. Bancorp revenue breakdown by business segment: 24.4% from Corporate and Commercial Banking, 56.4% from Consumer and Business Banking and 19.3% from Wealth Management and Investment Services

U.S. Bancorp Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

U.S. Bancorp Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

U.S. Bancorp Online and Social Media Presence

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U.S. Bancorp Company Culture

  • Overall Culture

    A

    76/100

  • CEO Rating

    A+

    82/100

  • Compensation

    B

    73/100

  • Diversity

    B+

    73/100

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U.S. Bancorp News and Updates

U.S. Bancorp (USB) Set to Announce Earnings on Wednesday

U.S. Bancorp (NYSE:USB) will issue its quarterly earnings data before the market opens on Wednesday, October 14th. Analysts expect the company to announce earnings of $0.76 per share for the quarter. Parties that wish to register for the company's conference call can do so using this link.

U.S. Bancorp (NYSE:USB) Upgraded to "Neutral" at Bank of America

U.S. Bancorp (NYSE:USB) was upgraded by analysts at Bank of America from an "underperform" rating to a "neutral" rating in a research note issued to investors on Wednesday, The Fly reports.

U.S. Bank names Don Relyea chief innovation officer

U.S. Bank has named intellectual property expert, innovator, programmer and designer Don Relyea as Chief Innovation Officer to lead the company’s innovation efforts. Hired to U.S. Bank in December 2019, Relyea was most recently Chief Digital Officer for the Employee Segment and head of the bank’s In…

U.S. Bank Instant Card now integrated with Concur Expense

Companies can push a virtual credit card instantly to the mobile wallet of an employee or contractor for immediate use

U.S. Bancorp Provides Schedule For 4Q20 and 2021 Earnings Conference Calls

U.S. Bancorp (NYSE: USB) will host conference calls to review quarterly financial results on the following dates:

U.S. Bank announces affordable housing commitment in Charlotte

U.S. Bank has announced a $4.55 million affordable housing investment in Charlotte that will assist nearly 200 households, highlighting the company’s belief that every individual and family deserves access to safe, accessible and affordable housing.
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U.S. Bancorp Frequently Asked Questions

  • When was U.S. Bancorp founded?

    U.S. Bancorp was founded in 1929.

  • Who are U.S. Bancorp key executives?

    U.S. Bancorp's key executives are Andrew Cecere, Terrance R. Dolan and James L. Chosy.

  • How many employees does U.S. Bancorp have?

    U.S. Bancorp has 69,651 employees.

  • What is U.S. Bancorp revenue?

    Latest U.S. Bancorp annual revenue is $27.3 b.

  • What is U.S. Bancorp revenue per employee?

    Latest U.S. Bancorp revenue per employee is $392.3 k.

  • Who are U.S. Bancorp competitors?

    Competitors of U.S. Bancorp include KeyCorp, Fifth Third Bancorp and Truist.

  • Where is U.S. Bancorp headquarters?

    U.S. Bancorp headquarters is located at 800 Nicollet Mall, Minneapolis.

  • Where are U.S. Bancorp offices?

    U.S. Bancorp has offices in Minneapolis, Loughlinstown and London.

  • How many offices does U.S. Bancorp have?

    U.S. Bancorp has 3 offices.