U.S. Bancorp (USB)

NYSE: USB · IEX Real-Time Price · USD
+0.27 (0.78%)
At close: Mar 23, 2023, 4:00 PM
+0.40 (1.14%)
After-hours: Mar 23, 2023, 5:21 PM EDT

Company Description

U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States.

It operates in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments.

The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; lending services, such as traditional credit products; and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products.

It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations.

In addition, the company offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds.

Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as investment management, ATM processing, mortgage banking, insurance, and brokerage and leasing services.

As of December 31, 2021, the company provided its products and services through a network of 2,230 banking offices principally operating in the Midwest and West regions of the United States, as well as through on-line services, over mobile devices, and other distribution channels; and operated a network of 4,059 ATMs.

The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.

U.S. Bancorp
U.S. Bancorp logo
Country United States
Founded 1863
Industry Banks - Regional
Sector Financials
Employees 70,000
CEO Andrew Cecere

Contact Details

U.s. Bancorp, 800 Nicollet Mall
Minneapolis, Minnesota 55402-7020
United States
Phone 651-466-3000
Website usbank.com

Stock Details

Ticker Symbol USB
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000036104
CUSIP Number 902973304
ISIN Number US9029733048
Employer ID 41-0255900
SIC Code 6021

Key Executives

Name Position
Andrew J. Cecere Chairman, President and Chief Executive Officer
Terrance R. Dolan Chief Financial Officer
Gunjan Kedia Vice Chairman of Wealth Management and Investment Services
Jeffry H. von Gillern Vice Chairman of Technology and Operations Services
Shailesh M. Kotwal Vice Chairman of Payment Services
Eric J. Freedman Chief Investment Officer
Katherine B. Quinn Vice Chairman and Chief Administrative Officer
Jennifer Ann Thompson C.F.A. Executive Vice President and Director of Investor Relations and Economic Analysis
James L. Chosy Senior Executive Vice President and General Counsel
David R. Palombi Global Chief Communications Officer - Public Affairs and Communications

Latest SEC Filings

Date Type Title
Mar 10, 2023 S-3ASR Automatic shelf registration statement of securities of well-known seasoned issuers
Mar 8, 2023 8-K Current Report
Mar 7, 2023 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Mar 7, 2023 DEF 14A Other definitive proxy statements
Mar 7, 2023 ARS Filing
Feb 27, 2023 10-K Annual Report
Feb 16, 2023 8-K/A [Amend] Current report
Feb 13, 2023 13F-HR Quarterly report filed by institutional managers, holdings
Feb 9, 2023 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Feb 1, 2023 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals