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U.S. Bancorp (USB)

43.97 Up 0.06(0.14%) Nov 21, 4:06PM EST
|After Hours : 43.97 0.00 (0.00%) Nov 21, 4:18PM EST
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U.S. Bancorp
800 Nicollet Mall
Minneapolis, MN 55402
United States - Map
Phone: 651-466-3000

Index Membership:N/A
Industry:Regional - Midwest Banks
Full Time Employees:65,565

Business Summary 

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. Its services include lending and depository, cash management, capital market, and trust and investment management services, as well as merchant and ATM processing, mortgage banking, and brokerage services. The company’s lending services include traditional credit products, as well as credit card services, leasing, financing and import/export trade, asset-backed lending, agricultural finance, and other products. Its depository services comprise checking accounts, savings accounts, and time certificate contracts. The company also offers ancillary services, such as capital market, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, it provides Visa corporate and purchasing card, and corporate trust services. Further, the company offers investment and insurance products to the company’s customers principally within its markets, as well as fund processing services to a range of mutual and other funds. It serves individuals, institutional organizations, governmental entities, estates, business corporations, foundations, charitable organizations, and other financial institutions through a network of 3,081 banking offices and 4,906 ATMs in the Midwest and west regions of the United States. U.S. Bancorp was founded in 1929 and is headquartered in Minneapolis, Minnesota.

Key Statistics

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Corporate Governance 
U.S. Bancorp’s ISS Governance QuickScore as of Nov 1, 2014 is 3. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 4; Compensation: 5.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Richard K. Davis , 56
Chairman, Chief Exec. Officer, Pres, Chairman of Exec. Committee, Member of Risk Management Committee, Chairman of US Bank, Chief Exec. Officer of US Bank and Pres of US Bank
Mr. Andrew Cecere , 53
Vice Chairman and Chief Financial Officer
Ms. Pamela A. Joseph , 55
Vice Chairman of Payment Services
Mr. Richard B. Payne Jr., 66
Vice Chairman of Wholesale Banking
Mr. P. W. Parker , 57
Vice Chairman and Chief Risk Officer
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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