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U.S. Bancorp (USB-PQ)

NYSE - Nasdaq Real Time Price. Currency in USD
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16.70-0.08 (-0.45%)
As of 12:49PM EST. Market open.

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, Pres & CEO5.78M5.13M1961
Mr. Terrance R. DolanChief Financial Officer2.61M628.68k1962
Ms. Gunjan KediaVice Chairman of Wealth Management & Investment Services2.49MN/A1971
Mr. Jeffry H. von GillernVice Chairman of Technology & Operations Services2.25MN/A1966
Mr. Shailesh M. KotwalVice Chairman of Payment Services2.5MN/A1965
Mr. Eric J. FreedmanChief Investment OfficerN/AN/AN/A
Ms. Katherine B. QuinnVice Chairman & Chief Admin. OfficerN/AN/A1965
Ms. Jennifer Ann Thompson C.F.A.Exec. VP and Director of Investor Relations & Economic AnalysisN/AN/AN/A
Mr. James L. ChosySr. Exec. VP & Gen. CounselN/AN/A1964
Mr. David R. PalombiGlobal Chief Communications Officer - Public Affairs & CommunicationsN/AN/AN/A
Amounts are as of December 31, 2021 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 in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; 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; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, the company offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as investment management, ATM processing, mortgage banking, insurance, and brokerage and leasing services. As of December 31, 2021, the company provided its products and services through a network of 2,230 banking offices principally operating in the Midwest and West regions of the United States, as well as through on-line services, over mobile devices, and other distribution channels; and operated a network of 4,059 ATMs. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Corporate Governance

U.S. Bancorp’s ISS Governance QualityScore as of November 28, 2022 is 6. The pillar scores are Audit: 9; Board: 4; Shareholder Rights: 6; Compensation: 5.

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.