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U.S. Bancorp (USB-PQ)

NYSE - NYSE Delayed Price. Currency in USD
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16.63+0.24 (+1.46%)
At close: 04:00PM EDT

U.S. Bancorp

800 Nicollet Mall
Minneapolis, MN 55402
United States
651-466-3000
https://www.usbank.com

Sector(s)Financial Services
IndustryBanks - Regional
Full Time Employees70,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Andrew J. CecereChairman & CEO5.21MN/A1961
Ms. Gunjan KediaPresident and Vice Chairman of Wealth, Corporate, Commercial & Institutional Banking2.03MN/A1971
Mr. John C. SternSenior Executive VP & CFO2.21MN/A1979
Mr. Terrance Robert DolanChief Administration Officer & Vice Chair2.22MN/A1962
Mr. Shailesh M. KotwalVice Chairman of Payment Services2.01MN/A1965
Mr. Timothy A. WelshVice Chairman of Consumer & Business Banking1.9MN/A1966
Mr. Souheil S. BadranSenior EVP & COON/AN/A1965
Ms. Jennifer Ann Thompson C.F.A.EVP, Head of Corporate Finance and Director of Investor Relations & Economic AnalysisN/AN/AN/A
Mr. Dilip VenkatachariSenior EVP and Chief Information & Technology OfficerN/AN/A1960
Mr. James L. ChosySenior EVP & General CounselN/AN/A1964
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. It operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers. In addition, the company offers asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. Further, it provides investment and insurance products to its customers principally within its domestic markets, as well as fund administration services to mutual and other funds. Additionally, the company provides corporate and purchasing card, and corporate trust services. Furthermore, it offers trust and investment management, merchant and ATM processing, mortgage banking, insurance, and brokerage and leasing services. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Corporate Governance

U.S. Bancorp’s ISS Governance QualityScore as of May 1, 2024 is 1. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 6; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.