Last $548.20 MXN
Change Today 0.00 / 0.00%
Volume 0.0
USB* On Other Exchanges
Symbol
Exchange
Berlin
New York
Mexico
As of 4:09 PM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

us bancorp (USB*) Snapshot

Open
$548.20
Previous Close
$548.20
Day High
$548.20
Day Low
$548.20
52 Week High
06/23/14 - $570.87
52 Week Low
09/26/13 - $476.20
Market Cap
987.8B
Average Volume 10 Days
50.0
EPS TTM
--
Shares Outstanding
1.8B
EX-Date
06/26/14
P/E TM
--
Dividend
$0.97
Dividend Yield
2.23%
Current Stock Chart for US BANCORP (USB*)

us bancorp (USB*) Details

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.

65,565 Employees
Last Reported Date: 02/21/14
Founded in 1929

us bancorp (USB*) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $1.1M
Vice Chairman and Chief Financial Officer
Total Annual Compensation: $675.0K
Vice Chairman of Payment Services
Total Annual Compensation: $675.0K
Vice Chairman of Wholesale Banking
Total Annual Compensation: $500.0K
Vice Chairman and Chief Risk Officer
Total Annual Compensation: $475.0K
Compensation as of Fiscal Year 2013.

us bancorp (USB*) Key Developments

U.S. Bank to Close Oakwood Branch on November 22, 2014

The Oakwood U.S. Bank branch announced to customers it will close November 22, 2014. The bank's four employees will move to the other U.S. Bank locations in the area.

U.S. Bancorp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Net Charge-Offs for the Second Quarter of 2014

U.S. Bancorp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total interest income was $3,047 million against $3,038 million a year ago. Net interest income was $2,689 million against $2,616 million a year ago. Net interest income after provision for credit losses was $2,365 million against $2,254 million a year ago. Income before income taxes was $2,056 million against $1,973 million a year ago. Net income was $1,509 million against $1,444 million a year ago. Net income attributable to U.S. Bancorp was $1,495 million against $1,484 million a year ago. Net income applicable to U.S. Bancorp common shareholders was $1,427 million or $0.78 per diluted share against $1,405 million or $0.76 per diluted share a year ago. Return on average assets of 1.60% against 1.70% a year ago. Return on average common equity of 15.1% against 16.1% a year ago. Book value per common share was $20.98 against $18.94 a year ago. For the six months, the company reported total interest income was $6,069 million against $6,149 million a year ago. Net interest income was $5,339 million against $5,269 million a year ago. Net interest income after provision for credit losses was $4,709 million against $4,504 million a year ago. Income before income taxes was $3,964 million against $3,918 million a year ago. Net income was $2,921 million against $2,831 million a year ago. Net income attributable to U.S. Bancorp was $2,892 million against $2,912 million a year ago. Net income applicable to U.S. Bancorp common shareholders was $2,758 million or $1.51 per diluted share against $2,763 million or $1.49 per diluted share a year ago. Return on average assets of 14.9% against 16.1% a year ago. Return on average common equity of 14.9% against 16.1% a year ago. The company reported total net charge-offs in the second quarter of 2014 were $349 million compared with $392 million in the second quarter of 2013. The $8 million (2.3%) increase in net charge-offs on a linked quarter basis was due to higher charge-offs in commercial loan portfolios, partially offset by improvements in the home equity and second mortgages portfolio, while the $43 million (11.0%) decrease in net charge-offs on a year-over-year basis reflected improvements in residential mortgages and home equity and second mortgages, partially offset by higher commercial loan charge-offs and lower recoveries in commercial real estate.

U.S. Bancorp Presents at 3rd Annual InvestMNt Conference, Aug-06-2014

U.S. Bancorp Presents at 3rd Annual InvestMNt Conference, Aug-06-2014. Venue: University of St. Thomas Corporate Room Block, 1101 LaSalle Avenue, Minneapolis, MN 55403, United States. Presentation Date & Speakers: Aug-06-2014, John R. Elmore, Vice Chairman of Community Banking & Branch Delivery and Vice Chairman of Community Banking and Branch Delivery for U.S. Bank, Kent V. Stone, Vice Chairman of Consumer Banking Sales & Support, Richard K. Davis, Chairman, Chief Executive Officer, President, Chairman of Executive Committee, Member of Risk Management Committee, Chairman of US Bank, Chief Executive Officer of US Bank and President of US Bank.

 

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Industry Analysis

USB*

Industry Average

Valuation USB* Industry Range
Price/Earnings 13.9x
Price/Sales 4.3x
Price/Book 2.0x
Price/Cash Flow 13.1x
TEV/Sales 0.1x
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