<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE U.S.
BANCORP DECEMBER 31, 1995, 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
<CASH>                                       4,253,000
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                               771,000
<TRADING-ASSETS>                               366,000
<INVESTMENTS-HELD-FOR-SALE>                  6,423,000
<INVESTMENTS-CARRYING>                         865,000
<INVESTMENTS-MARKET>                           886,000
<LOANS>                                     49,345,000
<ALLOWANCE>                                    908,000
<TOTAL-ASSETS>                              65,668,000
<DEPOSITS>                                  45,779,000
<SHORT-TERM>                                 7,984,000
<LIABILITIES-OTHER>                          1,450,000
<LONG-TERM>                                  4,583,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    253,000
<COMMON>                                       312,000
<OTHER-SE>                                   4,777,000
<TOTAL-LIABILITIES-AND-EQUITY>              65,668,000
<INTEREST-LOAN>                              4,373,400
<INTEREST-INVEST>                              480,100
<INTEREST-OTHER>                                67,300
<INTEREST-TOTAL>                             4,920,800
<INTEREST-DEPOSIT>                           1,416,700
<INTEREST-EXPENSE>                           2,098,100
<INTEREST-INCOME-NET>                        2,822,700
<LOAN-LOSSES>                                  239,100
<SECURITIES-GAINS>                               3,000
<EXPENSE-OTHER>                              2,475,900
<INCOME-PRETAX>                              1,421,000
<INCOME-PRE-EXTRAORDINARY>                     897,100
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   897,100
<EPS-PRIMARY>                                     3.56
<EPS-DILUTED>                                     3.48
<YIELD-ACTUAL>                                    5.10
<LOANS-NON>                                    236,500
<LOANS-PAST>                                    68,800
<LOANS-TROUBLED>                                11,100
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               862,300
<CHARGE-OFFS>                                  326,000
<RECOVERIES>                                   130,900
<ALLOWANCE-CLOSE>                              908,000
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0