U.S. Bancorp - Company Profile

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U.S. Bancorp: Overview

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U.S. Bancorp (USB) is a financial services holding company that provides a comprehensive range of financial services. The company's main activities include lending, depository services, cash management, capital markets, and trust and investment management services. USB offers products such as credit card services, merchant and ATM processing, mortgage banking, insurance, brokerage, and leasing. It serves a diverse customer base, including individuals, businesses, institutional organizations, governmental entities, and other financial institutions across various industries like healthcare, utilities, and government. The company operates through a network of branches, banking offices, and digital platforms. It operates primarily in the Midwest and West regions of the US, with a significant presence in domestic markets. USB is headquartered in Minneapolis, Minnesota, the US.

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Headquarters United States of America
Address 800 Nicollet Mall, Minneapolis, Minnesota, 55402-7020
Website www.usbank.com
Telephone 1 651 4663000
No of Employees 68,520
Industry Financial Services
Ticker Symbol & Exchange USB (NYSE)
Revenue (2024) $42.9B 0.3% (2024 vs 2023)
EPS XYZ
Net Income (2024) XYZ 20.2% (2024 vs 2023)
Market Cap* $93.9B
Net Profit Margin (2024) XYZ 19.7% (2024 vs 2023)
* As of and is in US$
View U.S. Bancorp financials
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U.S. Bancorp premium industry data and analytics

7

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for U.S. Bancorp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on U.S. Bancorp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Accounts and Deposits: ATMs
Checking Online Banking
Savings Mobile Banking
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2026 New Products/Services In September, U.S. Bank introduced USBDC, the bank's U.S. dollar-backed stablecoin.
2026 New Products/Services In September, U.S. Bank introduced its Private Waterfall Engine, an automated fund waterfall administration platform.
2026 Corporate Changes/Expansions In June, the company’s Elavon expanded its All-In-One payments platform to North America.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Learn more
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Competitor Comparison

Key Parameters U.S. Bancorp JPMorgan Chase & Co Bank of America Corp Citigroup Inc Wells Fargo & Co
Headquarters United States of America United States of America United States of America United States of America United States of America
City Minneapolis New York Charlotte New York San Francisco
State/Province Minnesota New York North Carolina New York California
No. of Employees 68,520 320,560 211,000 219,000 197,466
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Gunjan Kedia Chairman; Chief Executive Officer Executive Board 2026 -
Dilip Venkatachari Senior Executive Vice President; Global Chief Information and Technology Officer Senior Management 2022 66
Dominic V. Venturo Chief Digital Officer; Senior Executive Vice President Senior Management 2020 59
Jodi L. Richard Chief Risk Officer, Vice Chairwoman Senior Management 2018 57
John C. Stern Chief Financial Officer, Vice Chairman Senior Management 2023 47
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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