we believe in putting people first, and our dedication to making ethical decisions and doing the right thing is at the heart of what we do. we're proud to be named by ethisphere as a 2017 world's most ethical company. we work to meet our customers’ business and personal banking needs with competitive products and services, convenient access to their accounts, and proven stability backed by industry-leading financial metrics. with more than 4,800 atms, 3,088 branch locations, 24-hour phone support and mobile and online banking, we make it easy for our customers to manage their money any time. please note: equal housing lender. credit products are offered by u.s bank national association and subject to normal credit approval. some restrictions may apply. deposit products offered by u.s. bank national association. member fdic.

Company profile
Ticker
USB, USB+A, USB+Q, USB+R
Exchange
Website
CEO
Andrew Cecere
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
FIRST BANK SYSTEM INC
SEC CIK
Corporate docs
Subsidiaries
111 Tower Investors, Inc. • Banctech Processing Services, LLC • Bento Technologies, Inc. • BondResource Partners, LLC • BondResource Partners, LP • CenPOS, LLC • Daimler Title Co. • DM Liens Inc. • DSL Service Company • Eclipse Funding LLC ...
IRS number
410255900
USB stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
6 Dec 23
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
Regulation FD Disclosure
1 Nov 23
424B2
Prospectus for primary offering
20 Oct 23
FWP
Free writing prospectus
19 Oct 23
8-K
Amendments to Articles of Incorporation or Bylaws
19 Oct 23
8-K
Results of Operations and Financial Condition
18 Oct 23
8-K
Other Events
17 Oct 23
8-K
Regulation FD Disclosure
13 Sep 23
8-K
U.S. Bank announces updates to recent leadership changes
23 Aug 23
Transcripts
USB
Earnings call transcript
2023 Q3
18 Oct 23
USB
Earnings call transcript
2023 Q2
19 Jul 23
USB
Earnings call transcript
2023 Q1
19 Apr 23
USB
Earnings call transcript
2022 Q4
25 Jan 23
USB
Earnings call transcript
2022 Q3
14 Oct 22
USB
Earnings call transcript
2022 Q2
15 Jul 22
USB
Earnings call transcript
2022 Q1
14 Apr 22
USB
Earnings call transcript
2021 Q4
19 Jan 22
USB
Earnings call transcript
2021 Q3
14 Oct 21
USB
Earnings call transcript
2021 Q2
15 Jul 21
Latest ownership filings
144
Notice of proposed sale of securities
8 Dec 23
144
Notice of proposed sale of securities
8 Dec 23
144
Notice of proposed sale of securities
7 Dec 23
13F-HR
Quarterly holdings report by institutional manager
3 Nov 23
4
Mark G. Runkel
24 Oct 23
4/A
Mark G. Runkel
24 Oct 23
4
James B Kelligrew
20 Oct 23
4
James B Kelligrew
20 Oct 23
4
James B Kelligrew
20 Oct 23
4
James B Kelligrew
20 Oct 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 64.35 bn | 64.35 bn | 64.35 bn | 64.35 bn | 64.35 bn | 64.35 bn |
Cash burn (monthly) | 2.10 bn | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 4.85 bn | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 59.50 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 28.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
0.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 6 |
Opened positions | 3 |
Closed positions | 1520 |
Increased positions | 2 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 1.79 bn |
Total shares | 140.87 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Boyd Watterson Asset Management | 84.17 k | $1.34 bn |
Mathes | 29.08 k | $465.00 k |
CCM Investment Advisers | 12.00 k | $192.12 mm |
Private Asset Management | 11.34 k | $181.55 mm |
Atlas Capital Advisors | 3.78 k | $60.44 mm |
PNC PNC Financial Services | 519.00 | $8.31 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Oct 23 | Mark G. Runkel | Common Stock, $0.01 par value | Payment of exercise | Dispose F | No | No | 30.93 | 2,420 | 74.85 k | 79,468 |
10 Aug 23 | Timothy A Welsh | Common Stock, $0.01 par value | Sell | Dispose S | No | No | 39.793 | 13,816 | 549.78 k | 119,058 |
10 Aug 23 | Timothy A Welsh | Deferred Compensation Plan Participation Common Stock, $0.01 par value | Discretionary | Acquire I | No | No | 39.49 | 2,499 | 98.69 k | 32,205 |
8 Aug 23 | Terrance R Dolan | Common Stock, $0.01 par value | Sell | Dispose S | No | No | 39.753 | 26,000 | 1.03 mm | 166,992 |
News
Piper Sandler Maintains Overweight on U.S. Bancorp, Raises Price Target to $44
8 Dec 23
10 Financials Stocks With Whale Alerts In Today's Session
8 Dec 23
Goldman Sachs Maintains Neutral on U.S. Bancorp, Raises Price Target to $37
1 Dec 23
Expert Ratings for U.S. Bancorp
16 Nov 23
Oppenheimer Maintains Outperform on U.S. Bancorp, Raises Price Target to $63
16 Nov 23
Press releases
U.S. Bank Freight Payment Index: Truck freight spending, volume drop for fifth consecutive quarter
1 Nov 23
U.S. BANCORP RENEWS 447,000 SF HEADQUARTERS IN MINNEAPOLIS, MN
30 Oct 23
U.S. Bancorp to speak at the BancAnalysts Association of Boston Conference
26 Oct 23
U.S. Bank Launches Avvance Point of Sale Lending Solution
24 Oct 23
U.S. Bancorp Reports Third Quarter 2023 Results
18 Oct 23