U.S. Bancorp (UB5.DE) XETRA
Currency In EUR
- General
- Statistics
- Historical Data
- Profile
- Financials
U.S. Bancorp
Address
800 Nicollet Mall
Minneapolis, MN 55402
United States of America (the)
Phone
651 466 3000
Website
Sector
Financial Services
Industry
Banks - Diversified
Employees
70000
First IPO Date
November 10, 2022
Key Executives
| Name | Title | Pay | Year Born |
| Gunjan Kedia | President, CEO & Chairman | 4.11M | 1971 |
| Elcio R. T. Barcelos | Senior EVP & Chief Human Resources Officer | 1.76M | 1971 |
| Stephen L. Philipson | Vice Chair & Head of Wealth, Corporate, Commercial and Institutional Banking | 2.15M | 1980 |
| John C. Stern | Vice Chair & Chief Financial Officer | 2.24M | 1979 |
| Jodi L. Richard | Vice Chair & Chief Risk Officer | 2.39M | 1969 |
| Adam Graves | Senior EVice President and Head of Enterprise Strategy & Administration | 0 | 1979 |
| Toby Clements | Senior Executive Vice President & Chief Operations Officer | 0 | N/A |
| Jennifer Ann Thompson | EVP & Head of Corporate Finance | 0 | N/A |
| Alan Flanagan | Head of Global Investment Services | 0 | N/A |
| Dilip Venkatachari | Senior EVP and Chief Information & Technology Officer | 0 | 1960 |
| George Andersen | Senior VP & Director of Investor Relations | 0 | N/A |
Description
U.S. Bancorp operates as a financial services holding company, providing an extensive range of financial solutions to a diverse clientele including individual consumers, various businesses, institutional entities, governmental organizations, and other financial institutions throughout the United States. Its operations are organized into five primary divisions: Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support. The company offers foundational banking products such as checking accounts, savings accounts, and time certificates. Its lending portfolio includes standard credit offerings, credit card services, lease financing, support for import/export trade, asset-backed financing, and agricultural loans, among other products. Moreover, U.S. Bancorp furnishes specialized auxiliary services to corporate and governmental clients, encompassing capital markets advisory, treasury management, and receivable lock-box collection. For individuals, estates, foundations, business corporations, and charitable organizations, the firm delivers comprehensive asset management and fiduciary services. It also provides investment and insurance products, predominantly within its core markets, alongside fund administration services for various mutual and other funds. Additional offerings include corporate and purchasing card programs, corporate trust services, merchant processing solutions, investment management, ATM processing, mortgage banking, insurance, brokerage, and leasing services. As of December 31, 2021, U.S. Bancorp served its customers via a network of 2,230 banking branches, primarily located in the Midwest and Western regions of the U.S. This physical infrastructure is augmented by robust online services, mobile applications, and other digital distribution channels, all supported by an expansive network of 4,059 ATMs. The company was established in 1863 and maintains its headquarters in Minneapolis, Minnesota.
