U.S. Bancorp
|
|
U.S.Bank, Los Angeles |
U.S. Bancorp (NYSE: USB), established in 1863, is a multi-state financial services holding company based in Minneapolis. U.S. Bank, N.A., the primary subsidiary U.S. Bancorp, is one of the five largest commercial banks in the United States in terms of assets and deposits. It is also one of the largest providers of corporate and purchasing card services and corporate trust services. The company operates through four major business segments: Consumer and Small Business Banking; Wholesale Banking and Commercial Real Estate; Wealth Management and Securities Services; and Payment Services. U.S. Bank Wealth Management is among the top 25 wealth managers in the United States according to Barron’s. With over 70,000 employees, U.S. Bancorp serves 18.7 million customers in 25 states through a network of more than 3,050 branches and 4,800 bilingual ATMs principally in the Midwest and West regions. California is the Bank’s largest market. U.S. Bank also has a presence in Europe with offices in Ireland and the UK as well as operations in Mexico, Brazil and Canada with branches in Vancouver, Calgary, Edmonton, Toronto and Montreal. In 2014, U.S. Bancorp acquired over 90 branches of Charter One Bank in Chicago from RBS Citizens Financial Group. U.S. Bancorp was named Most Admired Super Regional Bank for the fifth consecutive year by Fortune magazine (2015). As of September 30, 2017, the company had $459.2 billion in total assets, $342.6 billion in total deposits and $278.7 billion in total loans including $59 billion in residential mortgages.
Key Statistics:
Total assets | $459.227 billion (09/2017) |
Revenue | $21.494 billion (2016) |
Net income | $5.944 billion (2016) |
Total equity | $49.351 billion (09/2017) |
Company Size | 71,190 employees |
Market capitalization | $86 billion (November 22, 2017) |
Headquarters address:
U.S. Bancorp Center
800 Nicollet Mall
Minneapolis, MN, 55402
United States
Phone: 651-466-3000
Toll free: 800-872-2657
Website: www.usbank.com
International Locations:
U.S. Bank, N.A. Canada Branch
120 Adelaide Street West
Toronto, Ontario
M5H 1T1, Canada
Phone: 866-274-5898
Website: www.usbankcanada.com
European headquarters:
U.S. Bank Global Corporate Trust Services
U.S. Bancorp Fund Services, LLC
Fifth Floor, 125 Old Broad Street
London EC2N 1AR, UK
Cayman Branch:
Governors Square
P.O. Box 10555
Grand Cayman KY1-1005
Cayman Islands
Dublin office:
24 - 26, City Quay
Dublin 2 Ireland