US Bank 2001 Annual Report Download - page 9

7
U.S. Bancorp
32.1%
18.9%
10.7%
Key Business Units
Community Banking serves smaller and
non-urban markets
Metropolitan Banking serves larger
urban and high-growth markets
In-Store Banking complements tradi-
tional branches with accessible facilities
in superm arkets, convenience stores
and other locations
Small Business Banking provides
comprehensive financial solutions to
businesses with annual revenue up
to $5 million
Consumer Lending provides student
loans and serves consumers purchasing
or leasing vehicles or marine equipm ent
through franchised dealers
Consumer Finance serves customers
outside the traditional bank credit profile
Home Mortgage Lending originates,
purchases, sells and services residential
mortgage loans
Retail Brokerage and Insurance provides
mutual funds, variable and fixed annuities,
general securities and discount brokerage
37.5%37.5%
Contribution to
2001 U.S. Bancorp
Operating Income*
Key Business Units
Private Advisory Services helps affluent
clients meet their financial goals through
a network of 123 brokerage offices
Equity Capital Markets provides
research, trading, sales and equity
investment banking activities, including
public offerings and advisory services
for mergers and acquisitions, with
niches in communications, consumer,
health care, financial institutions,
industrial growth and technology
Fixed Income Capital Markets provides
financing and investm ent expertise to
public finance issuers, corporate debt
issuers and institutional investors
Key Business Units
Private Client Group fulfills private
banking, personal trust and investment
management needs for affluent clients
and has $79 billion in assets under
administration
Corporate Trust Services provides trustee
services for more than $650 billion in
municipal, corporate, asset-backed and
international bonds
Institutional Trust and Custody provides
retirement, investment and custodian
services to institutional clients
Fund Services provides transfer agent,
fund accounting, fund administration/
compliance and distribution to mutual
fund complexes
U.S. Bancorp Asset Management, Inc.,
with more than $121 billion** in assets
under management, advises the $54
billion** First American®family of mutual
funds and provides customized portfolio
management for individuals, corporations,
endowm ents, foundations, pension
funds, public entities and labor unions
Key Business Units
Corporate Payment Systems provides
Visa®corporate and purchasing cards
and other payment solutions to compa-
nies with annual sales greater than
$50 m illion, as well as federal, state
and local governments
Card Services provides credit and debit
card products to consumer and small
business customers of U.S. Bancorp,
correspondent financial institutions and
co-brand partners
NOVA Information Systems, Inc.
specializes in integrated credit and debit
card payment processing services,
related software application products
and value-added services for more than
650,000 U.S. merchant locations
Transaction Services specializes in ATM
processing, supporting U.S. Bank ATMs
and facilitating electronic transactions
for other financial institutions and cor-
porations through ATMs, debit cards,
two proprietary regional networks and
a network gateway
Key Business Units
Commercial Banking serves middle
market clients with annual sales
between $5 m illion and $250 million,
and clients in the commercial real
estate, commercial vehicle dealership
and energy industries
Corporate Banking serves clients with
annual sales greater than $250 million,
those with specialized lending, equipment
finance and leasing needs, companies
in diverse specialty industries (such as
agribusiness, health care, m ortgage
banking and media/communications),
correspondent banks, government
entities, and all wholesale clients in
our headquarters market
Treasury Management provides
comprehensive cash management
solutions to business clients, facilitating
their deposits and the collection of
funds, payments, and inform ation
to assist in the management and
optimization of their cash position
Contribution to
2001 U.S. Bancorp
Operating Income*
Contribution to
2001 U.S. Bancorp
Operating Income*
Contribution to
2001 U.S. Bancorp
Operating Income*
Contribution to
2001 U.S. Bancorp
Operating Income*
1.8%
Strengths and Successes
Segmented business m odel
Strong sales culture
Top 3 small business lender
Top 3 Small Business Administration
bank lender
Top 4 bank branch network
Top 7 home equity lender
Top 8 consumer lender
Strengths and Successes
Strong distribution system
Comprehensive product set
Relationship manager tenure
and expertise
Leading depository bank for federal,
state and municipal governm ents
Top 5 bank-owned leasing company
Top 7 treasury management provider
Strengths and Successes
Creative, needs-based solutions
Leading technology and operational
econom ies of scale
Breadth of asset management products
Top 2 municipal trustee
Top 3 transfer agent
Top 5 bank-affiliated U.S. mutual
fund family
Top 6 among banks in record
keeping assets
Strengths and Successes
Strong retail distribution network
“Middle Market Mergers & Acquisitions
Bank of the Year,” Mergers & Acquisitions
magazine, February 2001
Top-performing equity bookrunner for lead-
managed IPOs and follow-on offerings
Record year for Fixed Income
Capital Markets
Leading manager of fixed income new
issuance, underwriting $11.5 billion in
agency securities and $6.3 billion in
municipal bonds
Strengths and Successes
Industry-leading products
Proprietary technology
Operational economies of scale
No. 1 Visa commercial card issuer
Top 2 universal fleet card provider
Top 3 bank-owned ATM network
Top 3 merchant processor
Top 6 Visa and MasterCard®issuer