US Bank 2015 Annual Report Download - page 4

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U.S.BANCORP 2015 ANNUAL REPORT
— 2 —
Net Income Attributable
to U.S.Bancorp
Diluted Earnings
per Common Share
Dividends Declared
per Common Share
15 $5,879
14 $5,851
13 $5,836
12 $5,647
11 $4,872
15 $3.16
14 $3.08
13 $3.00
12 $2.84
11 $2.46
15 $1.010
14 $.965
13 $.885
12 $.780
11 $.500
Return on
Average Assets
Return on Average
Common Equity Dividend Payout Ratio
15 1.44%
14 1.54%
13 1.65%
12 1.65%
11 1.53%
15 14.0%
14 14.7%
13 15.8%
12 16.2%
11 15.8%
15 31.8%
14 31.1%
13 29.3%
12 27.4%
11 20.2%
Net Interest Margin (TEB*) Efciency Ratio(a)
Common Equity
Tier 1 Capital(b)
15 3.05%
14 3.23%
13 3.44%
12 3.58%
11 3.65%
15 53.8%
14 53.2%
13 52.4%
12 51.5%
11 51.8%
15 9.6%
14 9.7%
13 9.4%(c)
12 9.0%(c)
11 8.6%(c)
Average Assets
Average U.S.Bancorp
Shareholders’ Equity Total Risk-Based Capital(b)
15 $408,865
14 $380,004
13 $352,680
12 $342,849
11 $318,264
15 $44,813
14 $42,837
13 $39,917
12 $ 37,611
11 $32,200
15 13.3%
14 13.6%
13 13.2%
12 13.1%
11 13.3%
* Taxable-equivalent basis.
(a) Computed as noninterest expense divided by the sum of net interest income on a taxable-equivalent basis and noninterest income excluding net securities gains (losses).
(b) December 31, 2015 and 2014, calculated under the Basel III transitional standardized approach; all other periods calculated under Basel I.
(c) See Non-GAAP Financial Measures beginning on page 73.
FINANCIAL HIGHLIGHTS