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 and 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
Founded1836
HQMinneapolis, MN, US
Websiteusbank.com
Employee Ratings3.8
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2021)68,796(+2%)
Job Openings4,531
Revenue (FY, 2021)$10.2 B(-59%)
Share Price (May 2022)$49.1(-1%)
Cybersecurity ratingAMore
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Key People/Management at U.S. Bancorp

Andrew Cecere

Andrew Cecere

Chairman, President & Chief Executive Officer
Beth Lawlor

Beth Lawlor

President, U.S. Bank Private Wealth Management
Terry Dolan

Terry Dolan

Chief Financial Officer
Elcio R.T. Barcelos

Elcio R.T. Barcelos

Senior Executive Vice President and Chief Human Resources Officer
Timothy McGinnis

Timothy McGinnis

Private Wealth Advisor Managing Director
James Chosy

James Chosy

Senior Executive Vice President and General Counsel
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U.S. Bancorp Office Locations

U.S. Bancorp has offices in Minneapolis, Cincinnati, Loughlinstown and London
Minneapolis, MN, US (HQ)
800 Nicollet Mall
Cincinnati, OH, US
425 Walnut St
Loughlinstown, IE
Block F1, Cherrywood Business Park, Bray Rd, Cherrywood
London, GB
125 Old Broad Street
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U.S. Bancorp Financials and Metrics

U.S. Bancorp Revenue

U.S. Bancorp's revenue was reported to be $10.23 b in FY, 2021
USD

Revenue (Q1, 2022)

2.4b

Net income (Q1, 2022)

1.6b

Market capitalization (18-May-2022)

72.8b

Closing stock price (18-May-2022)

49.1

Cash (31-Mar-2022)

44.3b
U.S. Bancorp's current market capitalization is $72.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

25.8b27.3b25.2b10.2b

Revenue growth, %

7%6%(8%)

Cost of goods sold

3.3b4.4b2.0b

Gross profit

22.5b22.9b23.2b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

6.6b6.9b7.1b6.6b6.3b6.3b6.7b6.0b6.1b2.4b

Cost of goods sold

1.1b1.1b1.2b893.0m472.0m346.0m278.0m245.0m238.0m

Gross profit

5.6b5.8b5.9b5.7b5.8b5.9b6.4b5.8b5.9b

Gross profit Margin, %

84%83%84%87%92%94%96%96%96%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

21.5b22.4b62.6b

Accounts Receivable

282.8b292.1b290.4b

PP&E

2.5b3.7b3.5b

Goodwill

9.4b9.7b9.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

18.1b16.9b15.3b46.8b52.4b44.0b43.5b44.6b63.9b44.3b

Accounts Receivable

283.7b288.0b290.6b312.1b303.0b299.6b288.1b290.9b291.8b313.3b

PP&E

3.7b3.7b3.7b3.7b3.6b3.5b3.4b3.3b3.3b3.2b

Goodwill

9.5b9.5b9.6b9.8b9.8b9.9b9.9b9.9b10.0b10.3b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

7.1b6.9b5.0b

Depreciation and Amortization

467.0m502.0m527.0m

Cash From Operating Activities

10.6b4.9b3.7b

Cash From Investing Activities

(9.0b)(21.6b)(15.4b)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

1.7b3.5b5.4b1.2b1.9b3.4b2.3b4.3b6.3b1.6b

Depreciation and Amortization

120.0m245.0m372.0m129.0m260.0m393.0m122.0m246.0m372.0m132.0m

Cash From Operating Activities

1.3b1.9b5.0b2.4b1.5b4.8b937.0m6.5b9.2b8.5b

Cash From Investing Activities

(6.5b)(11.9b)(21.4b)(22.3b)(18.0b)(21.8b)(19.5b)(25.4b)(15.8b)(7.4b)
USDFY, 2018

Revenue/Employee

351.5k

Debt/Equity

1.1 x

Debt/Assets

0.1 x

Financial Leverage

9 x
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U.S. Bancorp Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

ATMs

4.68 k4.46 k4.23 k

Average Loans

$286.1 b$289.2 b$292.4 b$297.7 b$318.1 b$311 b$302.3 b$294 b$294.3 b$296.7 b

Facilities Leased

1.93 k1.95 k1.42 k

Facilities Owned

1.5 k1.46 k1.86 k
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U.S. Bancorp Acquisitions / Subsidiaries

Company NameDateDeal Size
Bento for BusinessAugust 16, 2021
talechSeptember 09, 2019
Vail Banks, Inc.September 01, 2006
Western BancorpNovember 17, 1999$1.04 b
111 Tower Investors, Inc.
Banctech Processing Services, LLC
CenPOS, LLC
Daimler Title Co.
DSL Service Company
Eclipse Funding LLC
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U.S. Bancorp Revenue Breakdown

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U.S. Bancorp revenue breakdown by business segment: 18.6% from Corporate and Commercial Banking, 41.3% from Consumer and Business Banking, 12.3% from Wealth Management and Investment Services, 24.2% from Payment Services and 3.6% from Other

U.S. Bancorp Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

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

Embed Graph

U.S. Bancorp Company Culture

  • Overall Culture

    A-

    75/100

  • CEO Rating

    A+

    79/100

  • Compensation

    B

    72/100

  • Diversity

    B

    72/100

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U.S. Bancorp News and Updates

U.S. Bank Increases Prime Lending Rate to 4.00 Percent

(marketscreener.com) U.S. Bancorp announced it has increased its prime lending rate to 4.00 percent from 3.50 percent, effective tomorrow, May 5, 2022, at all U.S. Bank locations. About U.S. Bancorp: U.S. Bancorp, with approximately 70,000 employees and $587 billion in assets as of March 31, 202…

U.S. Bank Launches Nation’s First Spanish-Language Voice Assistant for Banking

Smart Assistant is one of just two banking voice assistants awarded Corporate Insight’s highest rating of “Excellent,” and Asistente Inteligente has all the same features and functionality as the popular English language version. Customers who set their language preference to Spanish in the U.S. Ban…

U.S. Bank, Apex Fintech Solutions to deliver real-time payments to brokerages

U.S. Bank today announced a real-time payment collaboration with Apex Fintech Solutions (“Apex”) to provide greater speed and security to money movement between individual investors and broker dealers. Through its subsidiary Apex Clearing Corporation, Apex provides clearing and custody services to s…

U.S. Bancorp Reports First Quarter 2022 Results

At 8 a.m. Central Time, Chairman, President and Chief Executive Officer Andy Cecere and Vice Chair and Chief Financial Officer Terry Dolan will host a conference call to review the financial results. To access the webcast and presentation, visit U.S. Bancorp’s website at usbank.com and click on “Abo…

U.S. Bank Announces Redemption of Senior Notes

MINNEAPOLIS--(BUSINESS WIRE)--Apr. 12, 2022-- U.S. Bank National Association today announced the redemption on April 22, 2022, of all its outstanding 2.650% Fixed Rate Senior Notes due May 23, 2022 (CUSIP No. 90331HPC1) and Floating Rate Senior Notes due May 23, 2022 (CUSIP No.

U.S. Bancorp Provides Schedule For 2023 Earnings Conference Calls

First Quarter 2023 – Wednesday, April 19, 2023, at 7 a.m. CT Second Quarter 2023 – Wednesday, July 19, 2023, at 7 a.m. CT Third Quarter 2023 – , at 7 a.m. CT Fourth Quarter 2023 – Wednesday, January 17, 2024, at 7 a.m. CT. The Minneapolis-based company serves millions of customers locally, nationall…
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U.S. Bancorp Frequently Asked Questions

  • When was U.S. Bancorp founded?

    U.S. Bancorp was founded in 1836.

  • Who are U.S. Bancorp key executives?

    U.S. Bancorp's key executives are Andrew Cecere, Beth Lawlor and Terry Dolan.

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

    U.S. Bancorp has 68,796 employees.

  • What is U.S. Bancorp revenue?

    Latest U.S. Bancorp annual revenue is $10.2 b.

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

    Latest U.S. Bancorp revenue per employee is $148.7 k.

  • Who are U.S. Bancorp competitors?

    Competitors of U.S. Bancorp include American Express, 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, Cincinnati, Loughlinstown and London.

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

    U.S. Bancorp has 4 offices.