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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 $403 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. Commercial loans account for roughly 30% of its total loan portfolio; commercial real estate loans, 17%.
Headlines for U.S. Bancorp
[$$] Regulators Give Passing Grade to 'Living Wills' for Regional Banks
at The Wall Street Journal Online - 1 hour, 39 minutes ago
Bill Bertha, Wisconsin Market President at U.S. Bank, to Retire
Business Wire - Thu 2:00 pm ET
Ariel Funds: Bank Stocks Are Overvalued
- Wed 4:12 pm ET
U.S. Bancorp Announces Quarterly Dividends
Business Wire - Tue Mar 21
More Headlines...
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Contact Information
Address: 800 Nicollet Mall
Minneapolis, MN 55402-7014
Financial Highlights
Fiscal Year End:December
Revenue (2014):21392.00 M
Revenue Growth (1 yr):1.60%
Employees (2014):66,750
Employee Growth (1 yr):1.80%
Key People
Chairman, President, and CEO: Richard K. Davis
Vice Chairman and COO: Andrew Cecere
Campaign Vice Chair: Barry Gates
Industry Information
Sector: Financial
Industry: Regional - Midwest Banks
Top Competitors
Wells Fargo & Company (wfc)
Jpmorgan Chase & Co. (jpm)

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