U.S. Bancorp
USB-PR
New York Stock Exchange14.98
USD
- -
- -
CIK
0000036104
ISIN
US9029737189
CUSIP
902973718
Return %
Stock
S&P500
1Y
-10.83
18.66
3Y
-9.81
71.45
5Y
-42.01
70.61
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Gunjan Kedia
- Full Time Employees
- 68,520
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Address
- 800 Nicollet Mall Minneapolis MN United States of America 55402
- IPO Date
- Jan 27, 2021
- CIK
- 0000036104
- Website
- usbank.com
- Similar Companies
- Business
- U.S. Bancorp, headquartered in Minneapolis, Minnesota, operates as a financial holding company and parent of U.S. Bank National Association, founded in 1863; it provides banking, investment, mortgage, trust, payment services, lending, depository services, cash management, capital markets, wealth management, private banking, financial advisory, retail brokerage, insurance, credit card services, merchant and ATM processing, brokerage, leasing, consumer and small business banking products including checking accounts, credit cards, home loans, online banking, and commercial real estate financing to individuals, businesses, governmental entities, institutional organizations, and other financial institutions across the United States with a significant presence on the West Coast. The company maintains core business lines encompassing Wholesale Banking and Commercial Real Estate offering equipment finance, small-ticket leasing, treasury management, international trade services; Consumer and Small Business Banking through branches, telephone, online, mobile, direct mail, ATMs, community banking, metropolitan banking, in-store banking, mortgage production and servicing, workplace and student banking; Wealth Management and Securities Services with trust, custody, fund servicing; Payment Services including stored-value cards, debit cards, corporate, government and purchasing card services, consumer lines of credit; and Treasury and Corporate Support managing investment portfolios and funding. Geographically, U.S. Bancorp serves customers nationwide, bolstered by expansions into California, Washington, and Oregon via the 2022 acquisition of MUFG Union Bank's core regional banking franchise adding $58 billion in loans, $90 billion in deposits, over 1 million consumer customers, and 190,000 small business clients, from which it realized $900 million in cost synergies by 2023. Recent developments include the August 2024 acquisition of Salucro Healthcare Solutions LLC by U.S. Bank to enhance healthcare payment platforms integrated into subsidiary Elavon, following a prior investment and partnership; the November 2025 launch of co-branded deposit and credit card products with Edward Jones to expand client reach; formation of a dedicated digital assets and money movement unit in October 2025 led by Jamie Walker to accelerate innovation and revenue growth; April 2025 introduction of a Spend Management platform for business card spending control; a 4% quarterly dividend increase to $0.52 per share announced in late 2025 amid profit growth and share buybacks; and ongoing integration of Union Bank yielding revenue synergies, net interest margin expansion toward 3% by 2027, and strong Q3 2025 results with record net revenue of $7.329 billion and 9.5% fee revenue growth.