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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
Big banks boost their brands, set for more growth
at bizjournals.com - Thu Apr 23
US BANCORP \DE\ Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote of Sec
EDGAR Online - Thu Apr 23
This credit card issuer named best for small biz
at CNBC - Wed Apr 22
[$$] Regional Banks Sweat Through Low-Rate ‘Torture’
at The Wall Street Journal Online - Wed Apr 22
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Contact Information
Address: 800 Nicollet Mall
Minneapolis, MN 55402-7014
Phone:651-466-3000
Fax:
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 COO: Andrew Cecere
CFO: Kathy Ashcraft Rogers
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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