U.S. Bancorp

U.S. Bancorp

U.S. Bancorp

Overview
Date Founded

1929

Headquarters

800 Nicollet Mall,Minneapolis, MN 55402

Type of Company

Public

Employees (Worldwide)

73.3K

Industries

Retail & Commercial Banking
Holding Companies

Company Description

U.S. Bancorp operates as a bank holding company. It offers financial services, including lending and depository services, cash management, foreign exchange and trust and investment management. The firm also offers mortgage, refinance, auto, boat & RV loans, credit lines, credit card services, merchant, bank, checking & savings accounts, debit cards, online & mobile banking, ATM processing, mortgage banking, insurance, brokerage and leasing services. The company was founded in 1929 and is headquartered in Minneapolis, MN.

Contact Data
Trying to get in touch with decision makers at U.S. Bancorp? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chairman, President & Chief Executive Officer

Vice Chairman & Chief Financial Officer

Vice Chairman & Chief Financial Officer

Executive Vice President & General Counsel

Chief Marketing Officer & Senior Vice President

Vice Chairman & Chief Risk Officer

Chief Digital Officer

Chief Human Resources Officer & Executive Vice President

Executive Vice President & Chief Credit Officer

Head, Commercial Real Estate Division

Board of Directors

Chairman, President & Chief Executive Officer at U.S. Bancorp

President & Chief Executive Officer at Thermo Fisher Scientific, Inc.

Chief Executive Officer at Polaris Inc.

Former Chairman, President & Chief Executive Officer at Ameren Corp.

President at Puget Equico LLC

Chief Executive Officer, Director at Aetna, Inc.

Former Chief Executive Officer at Schnuck Markets, Inc.

Former Chief Executive Officer, President & Chairman at C.H. Robinson Worldwide, Inc.

Senior Advisor at Oak Hill Capital Management LLC

Paths to U.S. Bancorp
Potential Connections via
Relationship Science
You
U.S. Bancorp
Owners & Shareholders
Details Hidden

Berkshire Hathaway employs the value investing principles of Benjamin Graham. Their investment approach focuses on buying shares of companies as a long-term investment. The firm seeks to invest in businesses that are easy to understand and have high ROE, exceptional management teams and limited debt. Rather than a diversified stock portfolio, Berkshire Hathaway invests in a small number of trusted investments that are overweighed in order to leverage the expected returns. The firm owns stock in a diverse group of over 50 public and private companies in wide range of industries including, but not limited to, manufacturing, retail, energy and finance. Investments are typically financed using the float from Berkshire Hathaway, Inc.'s insurance operations. Securities are sold when the firm no longer feels comfortable with the fundamentals of a company.

Details Hidden

MFS Investment Management utilizes various investment techniques to implement its investment strategies, including, but not limited to, long and short-term purchases, short sales, margin transactions, options, and exchange-traded and over-the-counter derivatives or other methods to seek to achieve performance. They employ a variety of methods to evaluate securities, including fundamental and quantitative analysis. MFS Investment Management offers fundamental, active and research-driven equity strategies that strive for less volatility relative to benchmarks and greater value through changing markets. Fixed income strategy offers total return focused and credit oriented approach. Multi-Asset strategy is goal-oriented, diversified and disciplined investment approach that combines broad diversification across multiple asset classes, active asset allocation, and bottom-up security selection. MFS' retirement solutions are designed with a goal of maximizing growth and supporting income over a lifetime by focusing on long-term returns. MFS Blended Research is an approach to active equity management that combines the firm's fundamental research expertise with highly systematic quantitative research.

Details Hidden

Barrow, Hanley, Mewhinney & Strauss has a strict definition of value. Our equity portfolios exhibit below-market price-to-earnings ratios, below-market price-to-book ratios, and above-market dividend yields, regardless of market conditions. As a result, each of our clients is assured that we will do our part to maintain the style integrity of their overall portfolio. In fixed income, we define value as temporarily mispriced securities with yield-to-maturity advantages over Treasury bonds of comparable maturity. We identify each opportunity from the bottom up, building a duration-neutral portfolio designed to "out-yield" the market. In this way, Barrow Hanley seeks to achieve higher total returns for our fixed income clients with below-benchmark volatility. Mutual Fund Sub-Advisory Services Stability of investment team, strict adherence to style and uniformity of process are hallmarks of Barrow Hanley. Through an investment in a Barrow Hanley sub-advised mutual fund, individual investors are able to access the research-driven, bottom-up approach to active security selection that is utilized by major pension plans, foundations and endowments, and other institutional investors worldwide. Barrow Hanley currently serves as a sub-advisor to more than 30 equity and fixed income mutual funds. In addition to sub-advising an array of nationally-recognized mutual funds in the U.S., we sub-advise a number of internationally-based funds.

Recent Transactions
Details Hidden

Lovell Minnick Partners LLC, Foreside Financial Group LLC purchase Quasar Distributors LLC from U.S. Bancorp

Details Hidden

U.S. Bancorp purchases Talech, Inc. from Eastward Capital Partners LLC, Morado Venture Management LLC, AME Cloud Ventures, Visionnaire Ventures LLC

Details Hidden

Altamont Capital Management LLC purchases Topa Insurance Co. from U.S. Bancorp

Transaction Clients
Lender

Advised on Advanstar Communications, Inc. purchases ENK International LLC from ENK International Holdings, Inc.

Lender

Advised on Boyd Group Income Fund purchases Cars Collision Center, Inc.

Escrow Agent

Advised on Nuance Communications, Inc. purchases SNAPin Software LLC from Oak Investment Partners, Covera Ventures, Frazier Technology Management LLC, SeaPoint Ventures LLC, Trilogy Equity Partners LLC

Insider Transactions
Details Hidden
Details Hidden
Details Hidden
Transaction Advisors
Legal Advisor

Advised onU.S. Bancorp purchases Nova Corp. (Georgia)

Accountant

Advised onU.S. Bancorp purchases Nova Corp. (Georgia)

Legal Advisor

Advised onU.S. Bancorp purchases Wachovia Corp. /US Trust Business from Wachovia Corporation

Legal Advisor

Advised onU.S. Bancorp, U.S. Bank Private Wealth Management purchase Deutsche Bank AG /Municipal Bond Trustee Business from Deutsche Bank AG

Legal Advisor

Advised onU.S. Bancorp, U.S. Bank, NA (Cincinnati Ohio) purchase RBS Citizens Financial Group, Inc. /Charter One Chicago Ops from Citizens Financial Group, Inc. - Rhode Island

Legal Advisor

Advised onU.S. Bancorp purchases Wachovia Corp. /US Trust Business from Wachovia Corporation

Advisors & Consultants
Legal Advisor

Partner at Dorsey & Whitney LLP

Advisor

Chief Executive Officer at Clearent LLC

Legal Advisor

Partner at Dorsey & Whitney LLP

Clients

The IBERIABANK philosophy is to exceed client satisfaction by delivering unparalleled customer service at every point of contact. We are committed to offering products and services customized to meet your financial needs. We provide a comprehensive financial product line including Retail, Commercial, Private Banking, Mortgage, Treasury Management, Online Banking, and Investment services. Our relationship-based approach to banking focuses on making decisions locally, close to our clients. We recognize that local decision-making gives you more time for the things in life that matter most. IBERIABANK, founded in 1887, is a subsidiary of IBERIABANK Corporation. With $12.5 billion in assets (as of September 30, 2012), IBERIABANK Corporation is the largest bank holding company headquartered in Louisiana, and employs more than 2,500 experienced banking professionals and associates. In Acadiana, IBERIABANK holds the #1 market share position (deposit market share as of June 30, 2012) with a comprehensive retail, commercial, and private banking franchise. We rank second in market share in Northeast Louisiana with an outstanding retail system and growing commercial and private banking presence. In New Orleans, Baton Rouge, Monroe, Shreveport, Mobile, Birmingham, Houston, Little Rock, and Memphis we successfully serve a niche commercial and private banking target audience. IBERIABANK Corporation is a financial holding company with 280 combined offices, including 187 bank branch offices in Louisiana, Arkansas, Tennessee, Alabama, Texas, and Florida, 22 title insurance offices in Arkansas and Louisiana, mortgage representatives in 62 locations in 12 states, eight locations with representatives of IBERIA Wealth Advisors in four states, and one IBERIA Capital Partners, LLC office in New Orleans. Since June 30, 2012, the Company opened bank branch offices in the New Orleans, Baton Rouge, Birmingham, Naples and Little Rock markets

Cardtronics plc engages in the provision of automated consumer financial services through automated teller machines and multi-function financial services kiosks. It operates through the following segments: North America, Europe & Africa, and Australia & New Zealand. The North America segment represents automated teller machine (ATM) operations in the Unites States, Puerto Rico. Canada, and Mexico. The Europe & Africa segment involves ATM operation in the United Kingdom, Ireland, Germany, Poland, and i-design group plc. The Australia & New Zealand segment includes ATM operations in Australia and New Zealand. The company was founded in 1993 and is headquartered in Houston, TX.

Capital City Bank Group, Inc. operates as a bank holding company. Its principal services are banking services, data processing services, trust and asset management services, and brokerage services. The firms also provides traditional deposit and credit services, mortgage banking, merchant services, bank cards, and securities brokerage services. Capital City Bank Group was founded on December 13, 1982 and is headquartered in Tallahassee, FL.

Key Stats and Financials As of 2019
Market Capitalization
$83.8B
Total Enterprise Value
$142B
Earnings Per Share
$4.16
Three Year Compounded Annual Growth Rate Of Revenue
7.75%
Five Year Compounded Annual Growth Rate Of Revenue
6.6%
Total Equity
$52.5B
Total Debt
$63.9B
Net Profit
$6.91B
Revenue
$27.3B
Debt TEV
0.45x
TEVNet Income
20.53x
Enterprise Value Sales
5.2x
Non-Profit Donations & Grants
Political Donations
$5,000
2014
$1,500
2014
N/A
2014
Investments
Details Hidden

Nuveen Investments, Inc. provides investment management and related services to retail and institutional investors. It offers investment management capabilities across a diversified set of asset classes and investment strategies through its investment management affiliates, including municipal bond, investment grade, global and high-yield bond, floating-rate bank loan, preferred securities, growth equity, value equity, global and international equity, equity income, core equity, equity index, quantitative and enhanced equity, asset allocation, balanced strategies, real asset and commodity. The company was founded by John Nuveen in 1898 and is headquartered in Chicago, IL.

Details Hidden

R3 HoldCo LLC operates as a financial technology firm. It also operates a consortium of financial institutions that have guided and contributed to the development of Corda, a distributed ledger platform. The company was founded by David Rutter and is headquartered in New York, NY.

Details Hidden

OneRoof Energy, Inc. develops solar energy generation systems. The firm utilizes PV systems to provide predictable, affordable, and environmentally-conscious power from rooftops. The company was founded by David A. Field in 2009 and is headquartered in San Diego, CA.

Investors
Details Hidden

Co-Founder at Motability

Details Hidden

Life Peer at United Kingdom House of Lords

Suppliers
Piedmont Office Realty Trust, Inc. Trusts & Funds | Johns Creek, GA

Piedmont Office Realty Trust, Inc. engages in the owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of office real estate assets. . Its activities include acquisition, investment, development, management, disposing, and ownership of commercial real estate properties throughout the United States. The company was founded on July 3, 1997 and is headquartered in Atlanta, GA.

Envestnet, Inc. Engineering, Construction & Architecture | Chicago, IL

Envestnet, Inc. engages in the provision of intelligent systems for wealth management and financial wellness. It operates through the Envestnet and Envestnet/Yodlee business segments. The Envestnet segment provides wealth management software and services to empower financial advisors and institutions. The Envestnet/ Yodlee segment offers a data aggregation and data intelligence platform for digital financial services. The company was founded by Judson Taft Bergman, James Winfield Lumberg and Brandon Rockwell Thomas in 1999 and is headquartered in Chicago, IL.

Ingenico Group SA Industrial Machinery & Manufacturing | Paris, IF

Ingenico Group SA acts as a seamless payment services provider. It provides smart, trusted and secure solutions whatever the channel, empowering in-store, on-line and mobile commerce. The company operates with three commercial brands: Ingenico Smart Terminals, Ingenico Payment Services and Ingenico ePayments. Ingenico Group was founded by Jean-Jacques Poutrel and Michel Malhouitre in 1980 and is headquartered in Paris, France.

Competitors
Bank of America Corp. Retail & Commercial Banking - Charlotte, NC

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The Global Wealth and Investment Management provides client experience through a network of financial advisors focused on to meet their needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.

JPMorgan Chase & Co. Retail & Commercial Banking - New York, NY

JPMorgan Chase & Co. is an American multinational banking and financial services holding company. It is the largest bank in the United States by assets, and as of 2012, it ranks as the second largest bank in the world by assets with total assets of $2.509 trillion. It is a major provider of financial services, and according to Forbes magazine is the world's second largest public company based on a composite ranking. The hedge fund unit of JPMorgan Chase is one of the largest hedge funds in the United States. It was formed in 2000, when Chase Manhattan Corporation merged with J.P. Morgan & Co

Wells Fargo & Co. Retail & Commercial Banking - SAN FRANCISCO, CA

Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance. The firm operates through the following segments: Community Banking, Wholesale Banking, Wealth & Investment Management, and Other. The Community Banking segment offers complete line of diversified financial products and services for consumers and small businesses including checking and savings accounts, credit and debit cards, and automobile, student, and small business lending. The Wholesale Banking segment provides financial solutions to businesses across the United States and globally. The Wealth and Investment Management segment includes personalized wealth management, investment and retirement products and services to clients across U.S. based businesses. The Other segment refers to the products of WIM customers served through community banking distribution channels. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

Awards & Honors
Rank #131
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #131
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by U.S. Bancorp. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of U.S. Bancorp's profile does not indicate a business or promotional relationship of any kind between RelSci and U.S. Bancorp.