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Industry Center - Regional - Midwest Banks
Industry Center > Regional - Midwest Banks > U.S. Bancorp Company Profile
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U.S. Bancorp Company Profile
Not quite a bank for the entire US, U.S. Bancorp is nonetheless one of the largest bank holding companies in the nation, with $354 billion in assets. It owns U.S. Bank (the US' 5th largest commercial bank) and other subsidiaries that provide consumer and commercial loans, deposits, and credit cards, as well as merchant processing, mortgage banking, trust and investment management, brokerage services, insurance, and corporate payments. The bank has more than 3,000 branches and 5,000 ATMs in 25 states in the Midwest and West, including one of the most extensive networks of branches inside grocery stores. In 2013 commercial loans accounted for 30% of its total loan portfolio; commercial real estate loans, 17%.
Headlines for U.S. Bancorp
U.S. Bank Recognized by Industry Research Firm for Cash Management Services
Business Wire - Mon 10:07 am ET
U.S. Bancorp unit settles lawsuit over role as trustee
Reuters - Thu Dec 18
U.S. Bank, Bank of America sued over mortgage securities
Reuters - Wed Dec 17
BofA Sued by Credit Union Regulator for MBS Oversight
at Bloomberg - Wed Dec 17
More Headlines...
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Contact Information
Address: 800 Nicollet Mall
Minneapolis, MN 55402-7014
Financial Highlights
Fiscal Year End:December
Revenue (2013):21059.00 M
Revenue Growth (1 yr):(-5.10%)
Employees (2013):65,565
Employee Growth (1 yr):1.70%
Key People
Chairman, President, and CEO: Richard K. Davis
Vice Chairman and CFO: Andrew Cecere
Vice Chairman, Technology and Operations Services: Jeffry H. (Jeff) von Gillern
Industry Information
Sector: Financial
Industry: Regional - Midwest Banks
Top Competitors
Bank of America Corporation (bac)
JPMorgan Chase & Co. (jpm)
Wells Fargo & Company (wfc)

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