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U.S. Bancorp (USB)

NYSE - NYSE Delayed Price. Currency in USD
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37.37-0.44 (-1.16%)
At close: 4:00PM EDT

U.S. Bancorp

800 Nicollet Mall
Minneapolis 55402
United States
651-466-3000
http://www.usbank.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees70,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Andrew CecereChairman, Pres & CEO3.97M4.99M1961
Mr. Terrance R. DolanVice Chairman & CFO1.63MN/A1962
Mr. Jeffry H. von GillernVice Chairman of Technology & Operations Services1.5MN/A1966
Mr. Shailesh M. KotwalVice Chairman of Payment Services1.43M522.78k1965
Ms. Gunjan KediaVice Chairman of Wealth Management & Investment Services1.33MN/A1971
Amounts are as of December 31, 2019 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.

Description

U.S. Bancorp, a financial services holding company, provides various financial services in the United States. It operates in five segments: Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support. 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, as well as home equity, auto, boat, RV, personal loans, and personal line of credit. It also provides ancillary services comprising capital markets, 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, 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 cash and investment management, ATM processing, mortgage banking, and brokerage and leasing services. The company offers its products and services through operating a network of 2,795 banking offices principally operating in the Midwest and West regions of the United States, as well as through online services and over mobile devices. It also operates a network of 4,459 ATMs. The company has a strategic alliance with State Farm Bank. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Corporate Governance

U.S. Bancorp’s ISS Governance QualityScore as of December 8, 2019 is 2. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 5; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.