Loans Deposits U.S. Bancorp Today - Private Wealth Management | U.S. Bank Profile/usb_1… · over...
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U.S. Bank and the American Red Cross Announce Partnership U.S. Bank and the American Red Cross have formed a new partnership to provide disaster preparedness funding, opportunities for customer contributions, and increased employee volunteer opportunities. The partnership includes an annual commitment of $250,000 from U.S. Bank that will help the Red Cross prepare for vital disaster services; the opportunity for customers in local markets to contribute at designated U.S. Bank ATMs when disaster strikes their community or region; and U.S. Bank will kick off Employee Awareness and Preparedness Fairs for the bank’s 65,000 employees across the nation throughout the year. In addition, U.S. Bank will work closely with the Red Cross to provide opportunities for employees to donate blood and volunteer time to the charity. A rich heritage, a strong future... that’s the theme of this, our 150th anniversary year. And it’s the foundation of our company’s commitment to our customers, our communities and our employees. Join us in looking ahead with confidence and optimism, and let us partner with you to accomplish your financial goals. 2013 1st Quarter Statistics Ranking U.S. Bank is the 5th largest U.S. commercial bank Period-end assets $355 billion Period-end deposits $248 billion Period-end loans $223 billion Earnings per common share (diluted) $.73 Return on average assets 1.65% Return on average common equity 16.0% Customers 17.6 million Bank branches 3,080 ATMs 5,056 NYSE symbol USB Year founded 1863 U.S. Bancorp Today
Transcript of Loans Deposits U.S. Bancorp Today - Private Wealth Management | U.S. Bank Profile/usb_1… · over...
Payment Services • Corporate Payment Systems • Elavon: Credit, Debit, Electronic Check and Gift Card Merchant Processing • Retail Payment Solutions: Debit, Credit, Small Business, Gift and Specialty Card Issuance • Healthcare Payment Solutions • Elavon Financial Institution Solutions • Treasury Management
Wholesale Banking and Commercial Real Estate• National Corporate Banking • Middle Market Commercial Banking • Commercial Real Estate • Capital Markets • Debt Capital Markets • Leveraged Finance • Correspondent Banking • Dealer Commercial Services • Community Banking • Foreign Exchange • Government Banking • International Banking • Treasury Management • Equipment Finance • Specialized Industries and Finance • Title Industry Banking • Homeowners Association Banking
Wealth Management and Securities Services Wealth Management: • Ascent Private Capital Management • The Private Client Reserve • U.S. Bancorp Investments, Inc. • U.S. Bancorp Insurance Services, LLC Securities Services: • Global Corporate Trust Services • Institutional Trust and Custody • U.S. Bancorp Fund Services, LLC • U.S. Bancorp Asset Management, Inc.
Consumer and Small Business Banking• Community Banking • Metropolitan Branch Banking • In-store and Corporate On-site Banking • Small Business Banking • Small Business Administration (SBA) Division • Consumer Lending • 24-Hour Banking and Financial Sales • The Private Client Group • Home Mortgage • Community Affairs • Workplace and Student Banking • Transaction Services: ATM and Debit Processing and Services
For U.S. Bank:
Deposit Products offered by U.S. Bank National Association, Member FDIC
Credit products subject to normal credit approval.
Credit products offered by U.S. Bank National Association
U.S. Bank is not responsible for and does not guarantee the products, services, performance or obligations of its affiliates.
U.S. Bancorp, including each of our subsidiaries, is an Equal Opportunity Employer and a Drug-Free Workplace.
For U.S. Bancorp Investments, Inc.:
Investment products and services are available through U.S. Bancorp Investments, Inc., member FINRA and SIPC, an investment adviser and a brokerage subsidiary of U.S. Bancorp and affiliate of U.S. Bank.
Insurance products, including annuities, are available through U.S. Bancorp Insurance Services, LLC, U.S. Bancorp Investments, Inc., in Montana U.S. Bancorp Insurance Services of Montana, Inc., and in Wyoming U.S. Bancorp Insurance & Investments, Inc. All are licensed insurance agencies and subsidiaries of U.S. Bancorp and affiliates of U.S. Bank. Policies are underwritten by unaffiliated insurance companies and may not be available in all states. CA Insurance License # OE24641.
40371 Q1/13
Investment and Insurance products are:
usbank.com
NOT A DEPOSIT NOT FDIC INSURED
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
MAY LOSE VALUE NOT GUARANTEED BY THE BANK
U.S. Bank to Acquire the U.S. Municipal Bond Trustee Business from Deutsche Bank
Defense Department Extends Freight Payment Contract with U.S. Bank for Fourteenth Consecutive Year
U.S. Bank has entered into a definitive agreement to purchase the municipal bond trustee business of
Deutsche Bank. Expected to close in the third quarter of 2013, the transaction will add approximately
$57 billion to the more than $3 trillion in assets currently under administration within U.S. Bank’s
corporate trust division. U.S. Bank has approximately 125,000 trust and agency contracts. The Deutsche
Bank transaction will add another 1,100 contracts.
This transaction complements the existing U.S. Bank municipal bond trustee business and strengthens
our position as the #1 provider of municipal trustee and agency services in the nation.
U.S. Bank and the U.S. Department of Defense (DoD) have agreed to extend their long-term
contract, enabling the DoD to continue to pay its freight invoices electronically through
U.S. Bank Freight Payment. Using U.S. Bank Freight Payment to process and pay invoices saves
the DoD and its partner agencies hundreds of thousands of dollars annually in freight invoice
processing costs. The U.S. Bank-DoD collaboration dates back to 1999. The collaboration has
grown from 69 processed invoices in the first year to more than 11 million by the end of 2012.
Loans and Deposit GrowthYear-over-year Growth, Average Balances
Performance vs. Peers1Q13
Return on Average Assets(In Percents)
Loans(Dollars In Billions)
Deposits(Dollars In Billions)
Return on Average Common Equity(In Percents)
Efficiency Ratio(In Percents)
Source: SNL and company reports Peer banks: BAC, BBT, FITB, JPM, KEY, PNC, RF, STI and WFC
Return on Average Assets(In Percents)
1.70
.85
0USB Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9
1.65
1.49
1.41
1.35
1.14
1.14
0.94
0.83
0.54
0.48
250
210
170
130
9009 10 11 12 1Q13
186 19
3 201 21
5 222
12%4% 4%
7%6%
Loans(Dollars in Billions)
250
210
170
130
9009
24%
10 11 12 1Q13
10%
15%
11%7%
168
185
213
236 24
5
Deposits(Dollars in Billions)
Return on Average Common Equity(In Percents)
1.70
.85
0USB Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9
16.0
13.6
12.8
12.5
10.7
8.8
8.1
6.8
4.5
4.2
Efficiency Ratio(In Percents)
80
40
0USB Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9
50.7 58
.0
58.0
60.0
60.5
62.3
64.5
64.9
67.2 76
.8
Lines of Business
U.S. Bank and the American Red Cross Announce Partnership
U.S. Bank and the American Red Cross have formed a new partnership to provide disaster preparedness funding, opportunities for customer contributions, and
increased employee volunteer opportunities. The partnership includes an annual commitment of $250,000 from U.S. Bank that will help the Red Cross prepare for vital disaster services; the opportunity for customers in local markets to contribute at designated U.S. Bank ATMs when disaster strikes their community or region; and U.S. Bank will kick off Employee Awareness and Preparedness Fairs for the bank’s 65,000 employees across the nation throughout the year. In addition, U.S. Bank will work closely with the Red Cross to provide opportunities for employees to donate blood and volunteer time to the charity.
A rich heritage, a strong future...
that’s the theme of this, our
150th anniversary year. And it’s
the foundation of our company’s
commitment to our customers, our
communities and our employees.
Join us in looking ahead with
confidence and optimism, and let
us partner with you to accomplish
your financial goals.
2013 1st Quarter Statistics
Ranking U.S. Bank is the 5th largest U.S. commercial bank
Period-end assets $355 billion
Period-end deposits $248 billion
Period-end loans $223 billion
Earnings per common share (diluted) $.73
Return on average assets 1.65%
Return on average common equity 16.0%
Customers 17.6 million
Bank branches 3,080
ATMs 5,056
NYSE symbol USB
Year founded 1863
U.S. Bancorp Today
Elavon Launches Mobile Innovation Center
“What others say about U.S. Bank”
National
Wholesale Banking and WealthManagement & Securities Services
International
Payments and Corporate Trust
Regional
Consumer & Business Banking & Wealth Management
Corporate Trust offices in London and Dublin
Wealth Management offices in New York City and Naples and Palm Beach, Florida
U.S. Bancorp Business Scope
Ascent Private Capital Management of U.S. Bank Wins PAM Award for “Best Newcomer — Private Wealth Manager”
Ascent was recognized in the 2013 Private Asset Management (PAM) Awards in New York City in February. The PAM Awards annually
honor private wealth managers for excellence and innovation in private asset management for the country’s wealthiest families. Ascent
was recognized for outstanding innovation, rapid growth, and excellence in client service after its first full year of business operations.
Ascent now has offices in Minneapolis, Denver, Seattle, and Cincinnati. Another office will open in San Francisco this year.
Small Business Owners Mixed on State of the Economy in 2013, Growth Outlook for 2014 Tempered
Small business owners are divided about whether the national economy is in
recession or recovery in 2013, according to results of the 2013 U.S. Bank Small
Business Annual Survey. Now in its fourth year, the survey polled 3,210 small
businesses with $10 million or less in annual revenue during the first quarter
of 2013 across the 25 states where U.S. Bank provides small business
banking services.
Those who believed the economy is in recovery (45 percent) held a slight edge on
the number of small business owners who said they believe the economy is in
recession (43 percent). The federal budget deficit/debt is the top national issue for
small business owners in 2013, followed by unemployment, healthcare and taxes. U.S. Bank Extends $38 Million for the Creation of a New Healthcare and Housing Facility for Denver’s Homeless
U.S. Bank provided financing to Colorado Coalition for the Homeless for a new 48,000 square-foot health center to serve more than 15,000 homeless adults and children annually. In addition, the five-story, mixed use development includes a 78-unit multifamily housing complex.
Elavon and Banco Santander Close Joint Venture Agreement to Deliver Merchant Services in Spain
Elavon, a wholly owned subsidiary of U.S. Bancorp and a leading global payments
provider, and Banco Santander, an international financial institution operating in
10 major markets with more than 100 million clients serviced by
15,000 branches, have established a joint venture relationship in
Spain. Elavon is assuming responsibility for Santander’s existing
merchant customers and leveraging the bank’s extensive branch
network to source new business, the joint venture’s specialized
teams will provide service, support and innovative solutions
designed to enable commerce for businesses of all sizes.
U.S. Bank Provides $24.3 Million in Financing for Many Mansions’ New Hillcrest Villas — 60 new affordable housing options in Thousand Oaks
U.S. Bank Contour Campus Card Wins 2013 Paybefore AwardPaybefore has chosen U.S. Bank’s Contour Campus Card as a 2013 Paybefore
Awards winner in the “Most Effective Solution” category. Paybefore Awards, now
in its seventh year, recognizes excellence in the worldwide prepaid and emerging
payments industry. U.S. Bank’s Contour Campus Prepaid Card combines a school’s
student ID with a feature-rich Debit MasterCard.® Schools can electronically deposit
funds to the card — saving approximately $3 per load versus issuing checks.
U.S. Bank provides students with same day availability. Parents and students can
load funds online, and students can add cash via the MasterCard
rePower Load Network or at U.S. Bank branches.
The Independent Colleges of Washington (ICW) presented the 2012 Stanley O. McNaughton
Leadership Award to U.S. Bank at Saint Martin’s University. For more than three decades,
U.S. Bank has helped Washington’s college students succeed by supporting ICW through
corporate giving and board leadership. U.S. Bank began contributing to ICW in 1979 with
a gift of $5,000 and continues to support independent higher education in Washington
by providing generous scholarships at all 10 ICW member colleges and universities each
year. Students across Washington have benefitted from U.S. Bank’s gifts, which total
over $1.8 million.
U.S. Bank Receives 2012 Stanley O. McNaughton Leadership Award
• U.S. Bank scores #1 Online Overall Customer Experience comparing the top 10 banks in the country – The Keynote Online 2012 rankings
• U.S. Bank named one of the “Best Banks in America” – Money Magazine, October, 2012
• Most Admired Superregional Bank three years in a row! – Fortune, March 2011, March 2012, March 2013
•U.S. Bancorp placed in the Top 10 of all companies in the “People Management” and “Use of Corporate Assets” subcategories – Fortune, March 2013
• U.S. Bank one of America’s Greenest Banks for the second year in a row – Bank Technology News, April 2012
• Ascent Private Capital Management of U.S. Bank wins “Best Newcomer—Private Wealth Management” at the Private Asset Management Awards – 2013
• For the third straight year, U.S. Bancorp has been named by Forbes magazine to their list of Most Reputable Companies – April 2012
• U.S. Bank recognized by Junior Achievement with Silver U.S. President’s Volunteer Service Award – March 2012
• U.S. Bank “Most Innovative Prepaid Program” – 2012 Paybefore Awards
• U.S. Bank again the #1 most trusted bank in consumer protection – Ponemon Institute, 2012
• U.S. Bank again ranked one of the World’s 50 Safest Banks – Global Finance, October 2012
• Elavon wins award for Best Merchant Acquiring Initiative for our International Payment Processing technology – 2012 Cards & Payments Awards, February 2012U.S. Bank and SolarCity Installing Solar Panels over Carports and
Rooftops at Select U.S. Bank Branches in Southern California
SolarCity, a leading provider of clean energy, will sell renewable energy to U.S. Bank
through a Power Purchase Agreement. The new solar carports and rooftop systems,
which collectively approach one megawatt in generation capacity, will generate
solar electricity for the branches while providing shaded parking for customers.
The solar systems are expected to reduce U.S. Bank’s carbon dioxide emissions by
more than 35 million pounds, equivalent to taking 3,068 cars off the road or planting
more than 19,000 trees.
Elavon has opened a mobile innovation center at its Atlanta headquarters to focus on merchant-based mobile solutions. The center is expected to add at least 50 jobs in the next 12 to 18 months. The center is focused on innovation around new technology and product development for mobile payments and expanding on Elavon’s existing mobile solutions.
Elavon Launches Mobile Innovation Center
“What others say about U.S. Bank”
National
Wholesale Banking and WealthManagement & Securities Services
International
Payments and Corporate Trust
Regional
Consumer & Business Banking & Wealth Management
Corporate Trust offices in London and Dublin
Wealth Management offices in New York City and Naples and Palm Beach, Florida
U.S. Bancorp Business Scope
Ascent Private Capital Management of U.S. Bank Wins PAM Award for “Best Newcomer — Private Wealth Manager”
Ascent was recognized in the 2013 Private Asset Management (PAM) Awards in New York City in February. The PAM Awards annually
honor private wealth managers for excellence and innovation in private asset management for the country’s wealthiest families. Ascent
was recognized for outstanding innovation, rapid growth, and excellence in client service after its first full year of business operations.
Ascent now has offices in Minneapolis, Denver, Seattle, and Cincinnati. Another office will open in San Francisco this year.
Small Business Owners Mixed on State of the Economy in 2013, Growth Outlook for 2014 Tempered
Small business owners are divided about whether the national economy is in
recession or recovery in 2013, according to results of the 2013 U.S. Bank Small
Business Annual Survey. Now in its fourth year, the survey polled 3,210 small
businesses with $10 million or less in annual revenue during the first quarter
of 2013 across the 25 states where U.S. Bank provides small business
banking services.
Those who believed the economy is in recovery (45 percent) held a slight edge on
the number of small business owners who said they believe the economy is in
recession (43 percent). The federal budget deficit/debt is the top national issue for
small business owners in 2013, followed by unemployment, healthcare and taxes. U.S. Bank Extends $38 Million for the Creation of a New Healthcare and Housing Facility for Denver’s Homeless
U.S. Bank provided financing to Colorado Coalition for the Homeless for a new 48,000 square-foot health center to serve more than 15,000 homeless adults and children annually. In addition, the five-story, mixed use development includes a 78-unit multifamily housing complex.
Elavon and Banco Santander Close Joint Venture Agreement to Deliver Merchant Services in Spain
Elavon, a wholly owned subsidiary of U.S. Bancorp and a leading global payments
provider, and Banco Santander, an international financial institution operating in
10 major markets with more than 100 million clients serviced by
15,000 branches, have established a joint venture relationship in
Spain. Elavon is assuming responsibility for Santander’s existing
merchant customers and leveraging the bank’s extensive branch
network to source new business, the joint venture’s specialized
teams will provide service, support and innovative solutions
designed to enable commerce for businesses of all sizes.
U.S. Bank Provides $24.3 Million in Financing for Many Mansions’ New Hillcrest Villas — 60 new affordable housing options in Thousand Oaks
U.S. Bank Contour Campus Card Wins 2013 Paybefore AwardPaybefore has chosen U.S. Bank’s Contour Campus Card as a 2013 Paybefore
Awards winner in the “Most Effective Solution” category. Paybefore Awards, now
in its seventh year, recognizes excellence in the worldwide prepaid and emerging
payments industry. U.S. Bank’s Contour Campus Prepaid Card combines a school’s
student ID with a feature-rich Debit MasterCard.® Schools can electronically deposit
funds to the card — saving approximately $3 per load versus issuing checks.
U.S. Bank provides students with same day availability. Parents and students can
load funds online, and students can add cash via the MasterCard
rePower Load Network or at U.S. Bank branches.
The Independent Colleges of Washington (ICW) presented the 2012 Stanley O. McNaughton
Leadership Award to U.S. Bank at Saint Martin’s University. For more than three decades,
U.S. Bank has helped Washington’s college students succeed by supporting ICW through
corporate giving and board leadership. U.S. Bank began contributing to ICW in 1979 with
a gift of $5,000 and continues to support independent higher education in Washington
by providing generous scholarships at all 10 ICW member colleges and universities each
year. Students across Washington have benefitted from U.S. Bank’s gifts, which total
over $1.8 million.
U.S. Bank Receives 2012 Stanley O. McNaughton Leadership Award
• U.S. Bank scores #1 Online Overall Customer Experience comparing the top 10 banks in the country – The Keynote Online 2012 rankings
• U.S. Bank named one of the “Best Banks in America” – Money Magazine, October, 2012
• Most Admired Superregional Bank three years in a row! – Fortune, March 2011, March 2012, March 2013
•U.S. Bancorp placed in the Top 10 of all companies in the “People Management” and “Use of Corporate Assets” subcategories – Fortune, March 2013
• U.S. Bank one of America’s Greenest Banks for the second year in a row – Bank Technology News, April 2012
• Ascent Private Capital Management of U.S. Bank wins “Best Newcomer—Private Wealth Management” at the Private Asset Management Awards – 2013
• For the third straight year, U.S. Bancorp has been named by Forbes magazine to their list of Most Reputable Companies – April 2012
• U.S. Bank recognized by Junior Achievement with Silver U.S. President’s Volunteer Service Award – March 2012
• U.S. Bank “Most Innovative Prepaid Program” – 2012 Paybefore Awards
• U.S. Bank again the #1 most trusted bank in consumer protection – Ponemon Institute, 2012
• U.S. Bank again ranked one of the World’s 50 Safest Banks – Global Finance, October 2012
• Elavon wins award for Best Merchant Acquiring Initiative for our International Payment Processing technology – 2012 Cards & Payments Awards, February 2012U.S. Bank and SolarCity Installing Solar Panels over Carports and
Rooftops at Select U.S. Bank Branches in Southern California
SolarCity, a leading provider of clean energy, will sell renewable energy to U.S. Bank
through a Power Purchase Agreement. The new solar carports and rooftop systems,
which collectively approach one megawatt in generation capacity, will generate
solar electricity for the branches while providing shaded parking for customers.
The solar systems are expected to reduce U.S. Bank’s carbon dioxide emissions by
more than 35 million pounds, equivalent to taking 3,068 cars off the road or planting
more than 19,000 trees.
Elavon has opened a mobile innovation center at its Atlanta headquarters to focus on merchant-based mobile solutions. The center is expected to add at least 50 jobs in the next 12 to 18 months. The center is focused on innovation around new technology and product development for mobile payments and expanding on Elavon’s existing mobile solutions.
Payment Services • Corporate Payment Systems • Elavon: Credit, Debit, Electronic Check and Gift Card Merchant Processing • Retail Payment Solutions: Debit, Credit, Small Business, Gift and Specialty Card Issuance • Healthcare Payment Solutions • Elavon Financial Institution Solutions • Treasury Management
Wholesale Banking and Commercial Real Estate• National Corporate Banking • Middle Market Commercial Banking • Commercial Real Estate • Capital Markets • Debt Capital Markets • Leveraged Finance • Correspondent Banking • Dealer Commercial Services • Community Banking • Foreign Exchange • Government Banking • International Banking • Treasury Management • Equipment Finance • Specialized Industries and Finance • Title Industry Banking • Homeowners Association Banking
Wealth Management and Securities Services Wealth Management: • Ascent Private Capital Management • The Private Client Reserve • U.S. Bancorp Investments, Inc. • U.S. Bancorp Insurance Services, LLC Securities Services: • Global Corporate Trust Services • Institutional Trust and Custody • U.S. Bancorp Fund Services, LLC • U.S. Bancorp Asset Management, Inc.
Consumer and Small Business Banking• Community Banking • Metropolitan Branch Banking • In-store and Corporate On-site Banking • Small Business Banking • Small Business Administration (SBA) Division • Consumer Lending • 24-Hour Banking and Financial Sales • The Private Client Group • Home Mortgage • Community Affairs • Workplace and Student Banking • Transaction Services: ATM and Debit Processing and Services
For U.S. Bank:
Deposit Products offered by U.S. Bank National Association, Member FDIC
Credit products subject to normal credit approval.
Credit products offered by U.S. Bank National Association
U.S. Bank is not responsible for and does not guarantee the products, services, performance or obligations of its affiliates.
U.S. Bancorp, including each of our subsidiaries, is an Equal Opportunity Employer and a Drug-Free Workplace.
For U.S. Bancorp Investments, Inc.:
Investment products and services are available through U.S. Bancorp Investments, Inc., member FINRA and SIPC, an investment adviser and a brokerage subsidiary of U.S. Bancorp and affiliate of U.S. Bank.
Insurance products, including annuities, are available through U.S. Bancorp Insurance Services, LLC, U.S. Bancorp Investments, Inc., in Montana U.S. Bancorp Insurance Services of Montana, Inc., and in Wyoming U.S. Bancorp Insurance & Investments, Inc. All are licensed insurance agencies and subsidiaries of U.S. Bancorp and affiliates of U.S. Bank. Policies are underwritten by unaffiliated insurance companies and may not be available in all states. CA Insurance License # OE24641.
40371 Q1/13
Investment and Insurance products are:
usbank.com
NOT A DEPOSIT NOT FDIC INSURED
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
MAY LOSE VALUE NOT GUARANTEED BY THE BANK
U.S. Bank to Acquire the U.S. Municipal Bond Trustee Business from Deutsche Bank
Defense Department Extends Freight Payment Contract with U.S. Bank for Fourteenth Consecutive Year
U.S. Bank has entered into a definitive agreement to purchase the municipal bond trustee business of
Deutsche Bank. Expected to close in the third quarter of 2013, the transaction will add approximately
$57 billion to the more than $3 trillion in assets currently under administration within U.S. Bank’s
corporate trust division. U.S. Bank has approximately 125,000 trust and agency contracts. The Deutsche
Bank transaction will add another 1,100 contracts.
This transaction complements the existing U.S. Bank municipal bond trustee business and strengthens
our position as the #1 provider of municipal trustee and agency services in the nation.
U.S. Bank and the U.S. Department of Defense (DoD) have agreed to extend their long-term
contract, enabling the DoD to continue to pay its freight invoices electronically through
U.S. Bank Freight Payment. Using U.S. Bank Freight Payment to process and pay invoices saves
the DoD and its partner agencies hundreds of thousands of dollars annually in freight invoice
processing costs. The U.S. Bank-DoD collaboration dates back to 1999. The collaboration has
grown from 69 processed invoices in the first year to more than 11 million by the end of 2012.
Loans and Deposit GrowthYear-over-year Growth, Average Balances
Performance vs. Peers1Q13
Return on Average Assets(In Percents)
Loans(Dollars In Billions)
Deposits(Dollars In Billions)
Return on Average Common Equity(In Percents)
Efficiency Ratio(In Percents)
Source: SNL and company reports Peer banks: BAC, BBT, FITB, JPM, KEY, PNC, RF, STI and WFC
Return on Average Assets(In Percents)
1.70
.85
0USB Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9
1.65
1.49
1.41
1.35
1.14
1.14
0.94
0.83
0.54
0.48
250
210
170
130
9009 10 11 12 1Q13
186 19
3 201 21
5 222
12%4% 4%
7%6%
Loans(Dollars in Billions)
250
210
170
130
9009
24%
10 11 12 1Q13
10%
15%
11%7%
168
185
213
236 24
5
Deposits(Dollars in Billions)
Return on Average Common Equity(In Percents)
1.70
.85
0USB Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9
16.0
13.6
12.8
12.5
10.7
8.8
8.1
6.8
4.5
4.2
Efficiency Ratio(In Percents)
80
40
0USB Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9
50.7 58
.0
58.0
60.0
60.5
62.3
64.5
64.9
67.2 76
.8
Lines of Business
U.S. Bank and the American Red Cross Announce Partnership
U.S. Bank and the American Red Cross have formed a new partnership to provide disaster preparedness funding, opportunities for customer contributions, and
increased employee volunteer opportunities. The partnership includes an annual commitment of $250,000 from U.S. Bank that will help the Red Cross prepare for vital disaster services; the opportunity for customers in local markets to contribute at designated U.S. Bank ATMs when disaster strikes their community or region; and U.S. Bank will kick off Employee Awareness and Preparedness Fairs for the bank’s 65,000 employees across the nation throughout the year. In addition, U.S. Bank will work closely with the Red Cross to provide opportunities for employees to donate blood and volunteer time to the charity.
A rich heritage, a strong future...
that’s the theme of this, our
150th anniversary year. And it’s
the foundation of our company’s
commitment to our customers, our
communities and our employees.
Join us in looking ahead with
confidence and optimism, and let
us partner with you to accomplish
your financial goals.
2013 1st Quarter Statistics
Ranking U.S. Bank is the 5th largest U.S. commercial bank
Period-end assets $355 billion
Period-end deposits $248 billion
Period-end loans $223 billion
Earnings per common share (diluted) $.73
Return on average assets 1.65%
Return on average common equity 16.0%
Customers 17.6 million
Bank branches 3,080
ATMs 5,056
NYSE symbol USB
Year founded 1863
U.S. Bancorp Today
