Company US Bancorp

USB

US9029733048

Banks

Market Closed - Nyse Other stock markets 16:00:01 2024-09-10 EDT			5-day change	1st Jan Change
45.03 ^USD	-0.51%		-2.93%	+4.04%

09-05	Adtalem Global Education Inc. Appoints Sara Hill as Chief Human Resources Officer, Effective September 9, 2024	CI
09-04	U.S. Bank Unveils Two New U.S. Bank Smartly Products	CI

Business description: US Bancorp

U.S. Bancorp is a financial services group organized around 5 sectors of activities:

- retail banking (41.3% of income): sale of classic and specialized banking products and services (leasing, mortgage lending, insurance, etc.);

- payment services (24.2%) ;

- corporate and commercial banking (18.6%) ;

- wealth management (12.3%) ;

- market banking (3.6%).

At the end of 2020, the group managed USD 429.8 billion in current deposits and USD 297.7 billion in current credits.

Products and services are marketed through a network of 2,434 banking agencies located in the United States.

Number of employees: 75,465

Sales by Activity: US Bancorp

Fiscal Period: December	2019	2020	2021	2022	2023
Wealth, Corporate, Commercial and Institutional Banking	-	-	-	-	9.94B
Consumer and Business Banking	8.34B	9.3B	8.72B	8.23B	9.91B
Payment Services	5.09B	4.97B	5.66B	5.32B	5.36B
Wealth Management and Investment Services	2.96B	2.84B	3.18B	4.17B	-
Corporate and Commercial Banking	3.66B	3.76B	3.85B	4.33B	-
Treasury and Corporate Support	1.43B	-1.35B	2.6B	281M	653M
Unallocated Taxable-Equivalent Adjustment	-103M	-99M	-106M	-118M	-131M

See all business segments

Geographical breakdown of sales: US Bancorp

Fiscal Period: December	2019	2020	2021	2022	2023
United States	21.14B	19.24B	23.76B	22.14B	25.74B

See all geographic segments

Managers: US Bancorp

Director	Title	Age	Since
Andrew Cecere CEO	Chief Executive Officer	63	00-04-30
John Stern DFI	Director of Finance/CFO	-	99-12-31
Gunjan Kedia PSD	President	53	16-12-11
Dilip Venkatachari CTO	Chief Tech/Sci/R&D Officer	64	18-08-31
Souheil Badran COO	Chief Operating Officer	-	22-12-14

See US BANCORP governance

Members of the board: US Bancorp

Manager	Title	Age	Since
Andrew Cecere CEO	Chief Executive Officer	63	00-04-30
Roland Hernandez BRD	Director/Board Member	66	12-01-15
Scott Wine BRD	Director/Board Member	56	14-06-30
Kimberly Harris BRD	Director/Board Member	59	14-10-19
Warner Baxter BRD	Director/Board Member	62	15-12-06
Rick McKenney BRD	Director/Board Member	55	17-10-16
Elizabeth Buse BRD	Director/Board Member	63	18-06-17
Yusuf Mehdi BRD	Director/Board Member	57	18-06-17
Dorothy Bridges BRD	Director/Board Member	68	18-10-14
John Wiehoff BRD	Director/Board Member	62	20-01-19

Composition of the Board of Directors

Shareholders: US Bancorp

Name	Equities	%	Valuation
Vanguard Fiduciary Trust Co. 8.689 %	135,585,562	8.689 %	6 404 M $
BlackRock Advisors LLC 5.459 %	85,181,776	5.459 %	4 023 M $
STATE STREET CORPORATION 4.259 %	66,463,165	4.259 %	3 139 M $
MUFG Bank Ltd. 4.224 %	65,913,468	4.224 %	3 113 M $
JPMorgan Investment Management, Inc. 3.320 %	51,802,120	3.320 %	2 447 M $

Name	Equities	%	Valuation
Metropolitan West Asset Management LLC -	0	-	- $
PIMCO Europe Ltd. -	0	-	- $

Name	Equities	%	Valuation
Boyd Watterson Asset Management LLC 0.2806 %	84,165	0.2806 %	2 M $
SILVERCREST ASSET MANAGEMENT GROUP INC. 0.0862 %	25,850	0.0862 %	484 688 $
Mathes Co., Inc. 0.0819 %	24,575	0.0819 %	460 781 $
CCM Investment Advisers LLC 0.0400 %	12,000	0.0400 %	225 000 $
Private Asset Management, Inc. 0.0378 %	11,336	0.0378 %	212 550 $

Name	Equities	%	Valuation
PNC Investments LLC 14.97 %	2,993,290	14.97 %	53 M $
SILVERCREST ASSET MANAGEMENT GROUP INC. 0.2345 %	46,900	0.2345 %	824 033 $
The Main Street Group Ltd. 0.000900 %	180	0.000900 %	3 163 $

Name	Equities	%	Valuation
Alan Colberg -	5,000	-	- $

Name	Equities	%	Valuation
Atlas Wealth LLC 2.663 %	1,065,315	2.663 %	23 M $
Tower Bridge Advisors, Inc. 0.3760 %	150,383	0.3760 %	3 M $
Mengis Capital Management, Inc. 0.0953 %	38,106	0.0953 %	823 471 $
BancFirst (Oklahoma City, Oklahoma) (Investment Management) 0.0735 %	29,400	0.0735 %	635 334 $
Capital Investment Trust Corp. 0.0250 %	10,002	0.0250 %	216 143 $

Name	Equities	%	Valuation
Bram Bradesco Asset Management S/A DTVM 0.000050 %	3,102	0.000050 %	36 288 $
Joule Gestão de Recursos e Valores Mobiliarios Ltda. 0.000016 %	1,000	0.000016 %	11 698 $

Name	Equities	%	Valuation
Ayalon Mutual Funds Ltd. 0.000000 %	0	0.000000 %	- $
Quaestio Capital Management SGR SpA 0.000000 %	0	0.000000 %	- $
TCW Investment Management Co LLC 0.000000 %	0	0.000000 %	- $
Goldman Sachs Asset Management International 0.000000 %	0	0.000000 %	- $
Metropolitan West Asset Management LLC 0.000000 %	0	0.000000 %	- $

Name	Equities	%	Valuation
Bullseye Investment Management LLC 1.256 %	7,220	1.256 %	6 M $
Tributary Capital Management LLC 0.0696 %	400	0.0696 %	338 804 $

Name	Equities	%	Valuation
Capital Investment Trust Corp. 0.0478 %	11,002	0.0478 %	272 300 $
Thompson Investment Management, Inc. 0.005217 %	1,200	0.005217 %	29 700 $
Thurston, Springer, Miller, Herd & Titak, Inc. 0.003043 %	700	0.003043 %	17 325 $
Russell Investments Canada Ltd. 0.002478 %	570	0.002478 %	14 108 $
James Kelligrew 0.002265 %	521	0.002265 %	12 895 $

List of US BANCORP shareholders

Company details: US Bancorp

U.S. Bancorp

800 Nicollet Mall

55402-7014, Minneapolis

+651-466-3000

http://www.usbank.com

Group companies: US Bancorp

Name	Category and Sector
Ashland Family Housing LP
Selma Community Housing LP
Proloan Bond Fund	Finance/Rental/Leasing
AMCAL Meridian Fund LP
Elden Elms LP

See all subsidiaries

Other Banks

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
US BANCORP	-0.51%	-2.93%	+24.70%	-18.79%	70.27B
JPMORGAN CHASE & CO.	-5.19%	-6.69%	+42.92%	+30.63%	585B
BANK OF AMERICA CORPORATION	-0.48%	-3.49%	+38.50%	-2.46%	305B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	-2.38%	-3.06%	+9.87%	-8.04%	261B
WELLS FARGO & COMPANY	-1.17%	-7.57%	+31.59%	+21.70%	184B
BANK OF CHINA LIMITED	-2.08%	-4.08%	+22.30%	+15.44%	178B
CHINA CONSTRUCTION BANK CORPORATION	-1.48%	-1.66%	+23.43%	-8.28%	177B
ROYAL BANK OF CANADA	-0.29%	+1.62%	+38.55%	+28.37%	173B
COMMONWEALTH BANK OF AUSTRALIA	-1.89%	+0.79%	+38.23%	+39.24%	160B
HSBC HOLDINGS PLC	+0.76%	-0.79%	+10.76%	+71.82%	153B
Average	-0.66%	-2.36%	+28.09%	+16.96%	224.59B
Weighted average by Cap.	-0.53%	-3.22%	+30.95%	+18.35%