US Bank 2003 Annual Report Download - page 2

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U.S. Bancorp, headquartered in Minneapolis, is the 8th largest financial services holding company in the United States
with total assets exceeding 189 billion at year-end 2003.
Through U.S. Bank®and other subsidiaries, U.S. Bancorp serves 11.6 million customers, primarily through 2,243
full-service branch offices in 24 states. Customers also access their accounts and conduct all or part of their banking
transactions through 4,425 U.S. Bank ATMs, U.S. Bank Internet Banking and telephone banking. In addition, a network
of specialized U.S. Bancorp offices and representatives across the nation serves customers inside and outside our 24-state
footprint through comprehensive product sets that meet the financial needs of customers beyond basic core banking.
Backed by expertise and advanced technology, these sophisticated U.S. Bancorp products and services include large
corporate services, payment services, private banking, personal and institutional trust services, corporate trust services,
specialized large-scale government banking services, mortgage, commercial credit vehicles, and financial and asset
management services.
Major lines of business provided by U.S. Bancorp through U.S. Bank and other subsidiaries include Consumer Banking
Payment Services Private Client, Trust & Asset Management and Wholesale Banking. U.S. Bank is home of the exclusive
U.S. Bank Five Star Service uarantee.
corporate
profile
Ranking 8th largest bank in the U.S.
Asset size 189 billion
Deposits 119 billion
Loans 118 billion
Earnings per share diluted 1.93
Return on average assets 1.99
Return on average equity 19.2
Tangible common equity 6.5
Efficiency ratio 45.6
Customers 11.6 million
Primary banking region 24 states
Bank branches 2,243
ATMs 4,425
NYSE USB
At year-end 2003
S A CORP AT A LA CE