US Bank 2002 Annual Report Download - page 109

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U.S. Bancorp
Supplemental Financial Data
Earnings Per Share Summary 2002 2001 2000 1999 1998
Earnings per share before cumulative effect of change in
accounting principles***************************************** $ 1.74 $ .89 $ 1.51 $ 1.25 $ 1.12
Cumulative effect of change in accounting principles ************** (.02) ————
Earnings per share ******************************************** $ 1.72 $ .89 $ 1.51 $ 1.25 $ 1.12
Diluted earnings per share before cumulative effect of change in
accounting principles***************************************** $ 1.73 $ .88 $ 1.50 $ 1.23 $ 1.10
Cumulative effect of change in accounting principles ************** (.02) ————
Diluted earnings per share ************************************* $ 1.71 $ .88 $ 1.50 $ 1.23 $ 1.10
Ratios
Return on average assets ************************************** 1.91% 1.03% 1.81% 1.59% 1.49%
Return on average equity*************************************** 19.4 10.5 20.0 18.0 17.2
Average total equity to average assets *************************** 9.9 9.8 9.1 8.8 8.7
Dividends per share to net income per share ********************* 45.3 84.3 43.0 36.8 29.5
Other Statistics (Dollars and Shares in Millions)
Common shares outstanding (a) ******************************** 1,917.0 1,951.7 1,902.1 1,928.5 1,903.5
Average common shares outstanding and common stock equivalents
Earnings per share ************************************** 1,916.0 1,927.9 1,906.0 1,907.8 1,898.8
Diluted earnings per share ******************************* 1,926.1 1,939.5 1,918.5 1,930.0 1,930.5
Number of shareholders (b)************************************* 74,805 76,395 46,052 45,966 17,523
Common dividends declared ************************************ $1,488.6 $1,446.5 $1,267.0 $1,090.8 $ 977.6
(a) Defined as total common shares less common stock held in treasury at December 31.
(b) Based on number of common stock shareholders of record at December 31.
Stock Price Range and Dividends
2002 2001
Sales Price Sales Price
Closing Dividends Closing Dividends
High Low Price Declared High Low Price Declared
First quarter ***************************** $23.07 $19.02 $22.57 $.195 $26.06 $18.49 $23.20 $.1875
Second quarter ************************** 24.50 22.08 23.35 .195 23.60 20.71 22.79 .1875
Third quarter **************************** 23.29 17.09 18.58 .195 25.24 18.25 22.18 .1875
Fourth quarter *************************** 22.38 16.05 21.22 .195 22.95 16.50 20.93 .1875
The common stock of U.S. Bancorp is traded on the New York Stock Exchange, under the ticker symbol ‘‘USB.’’
U.S. Bancorp 107