U.S. Bancorp
U.S. Bancorp is a diversified financial services holding company. The Company's banking subsidiary is engaged in the general banking business, principally in domestic markets. It provides a wide range of products and services to individuals, businesses, institutional organizations, governmental entities and other financial institutions. Commercial and consumer lending services are principally offered to customers within the Company’s domestic markets, to domestic customers with foreign operations and to large national customers operating in specific industries targeted by the Company. Lending services include traditional credit products as well as credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance and other products. Depository services include checking accounts, savings accounts and time certificate contracts. Ancillary services such as capital markets, treasury management, and receivable lock-box collection are provided to corporate customers. U.S. Bancorp’s bank and trust subsidiaries provide a full range of asset management and fiduciary services for individuals, estates, foundations, business corporations and charitable organizations. Other U.S. Bancorp non-banking subsidiaries offer investment and insurance products to the Company’s customers principally within its markets, and fund administration services to a broad range of mutual and other funds.
Key People/Management at U.S. Bancorp
Richard Davis
Terrance Dolan
Paul Parker
James Chosy
Jennie Carlson
Katherine Quinn
U.S. Bancorp Office Locations
U.S. Bancorp Financials and Metrics
U.S. Bancorp Financials
| USD | |
|---|---|
Revenue (Q2, 2017) | 6 b |
Gross profit (Q2, 2017) | 5.4 b |
Gross profit margin (Q2, 2017), % | 91.4% |
Net income (Q2, 2017) | 1.5 b |
EBIT (Q2, 2017) | 3 b |
Market capitalization (18-Apr-2018) | 84.2 b |
Cash (30-Jun-2017) | 29 b |
EV | 107.4 b |
- Source: Company Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 21.1 b | 21.4 b | 21.5 b | 22.7 b |
Revenue growth, % | 2% | 0% | 6% | |
Cost of goods sold | 1.4 b | 1.6 b | ||
Gross profit | 20.1 b | 21.1 b |
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 5.2 b | 5.1 b | 5.5 b | 5.3 b | 5.2 b | 5.3 b | 5.4 b | 5.4 b | 5.8 b | 5.8 b | 5.7 b | 6 b |
Cost of goods sold | 410 m | 372 m | 358 m | 365 m | 363 m | 352 m | 349 m | 386 m | 407 m | 427 m | 455 m | 514 m |
Gross profit | 4.8 b | 4.8 b | 5.1 b | 4.9 b | 4.9 b | 5 b | 5.1 b | 5 b | 5.4 b | 5.3 b | 5.3 b | 5.4 b |
Gross profit Margin, % | 92% | 93% | 93% | 93% | 93% | 93% | 94% | 93% | 93% | 93% | 92% | 91% |
- Source: Company Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 8.5 b | 10.7 b | 11.1 b | 15.7 b |
PP&E | 2.6 b | 2.6 b | 2.5 b | 2.4 b |
Goodwill | 9.2 b | 9.4 b | 9.4 b | 9.3 b |
Total Assets | 364 b | 402.5 b | 421.9 b | 446 b |
| USD | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|---|---|
Cash | 17.9 b | 10.5 b | 11 b | 14 b | 23.7 b | 20.3 b | 29 b |
PP&E | 2.6 b | 2.5 b | 2.5 b | 2.5 b | 2.4 b | 2.4 b | 2.4 b |
Goodwill | 9.4 b | 9.4 b | 9.4 b | 9.4 b | 9.4 b | 9.3 b | 9.4 b |
Total Assets | 419 b | 416 b | 429 b | 438 b | 454 b | 450 b | 464 b |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 5.7 b | 5.9 b | 5.9 b | 5.9 b |
Cash From Operating Activities | 11.4 b | 5.3 b | 8.8 b | 5.3 b |
Purchases of PP&E | (2.5 b) | (2.4 b) | (4.5 b) | (2.9 b) |
Cash From Investing Activities | (21 b) | (21.2 b) | (18 b) |
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 1.5 b | 1.5 b | 1.4 b | 1.5 b | 1.5 b | 1.4 b | 1.5 b | 1.5 b | 1.5 b | |||
Cash From Operating Activities | 8.7 b | 2.8 b | 3.9 b | 4.5 b | 1.8 b | 3.4 b | 6.3 b | 1.3 b | 2.7 b | 3.2 b | 3.2 b | 4.8 b |
Purchases of PP&E | (1.9 b) | (548 m) | (1.1 b) | (1.7 b) | (492 m) | (1.1 b) | (2.2 b) | (658 m) | (1.1 b) | (2.1 b) | (932 m) | (1.5 b) |
Cash From Investing Activities | (12.7 b) | (8.6 b) | (14.5 b) | (23.4 b) | (8.1 b) | (13.1 b) | (4.9 b) | (10.1 b) | (15.2 b) | (1.7 b) | (6.8 b) |
| USD | Y, 2017 |
|---|---|
EV/EBIT | 35.6 x |
EV/CFO | 22.5 x |
Revenue/Employee | 83.6 k |
Financial Leverage | 9.5 x |
