US Bank 2004 Annual Report Download - page 4

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SELECTED FINANCIAL HIGHLIGHTS
Net Income
(Dollars in Millions)
00 01 02 03 04
4,500
2,250
0
2,752.1
1,478.8
3,168.1
3,732.6
4,166.8
Diluted Earnings
Per Common Share
(In Dollars)
00 01 02 03 04
2.40
1.20
0
1.43
.76
1.65
1.93
2.18
Dividends Declared
Per Common Share (a)
(In Dollars)
00 01 02 03 04
1.20
.60
0
.650
.750
.780
.855
1.020
Return on
Average Assets
(In Percents)
00 01 02 03 04
2.4
1.2
0
1.74
.89
1.84
1.99
2.17
Return on
Average Equity
(In Percents)
00 01 02 03 04
24
12
0
19.0
9.0
18.3
19.2
21.4
Dividend Payout Ratio
(In Percents)
00 01 02 03 04
100
50
0
45.1
97.4
47.3
44.1
46.2
Net Interest Margin
(Taxable-Equivalent Basis)
(In Percents)
00 01 02 03 04
5.00
2.50
0
4.38
4.46
4.65
4.49
4.25
Efficiency Ratio (b)
(In Percents)
00 01 02 03 04
60
30
0
49.7
57.2
48.8
45.6
45.3
Tangible Common
Equity to Assets
(In Percents)
00 01 02 03 04
7.0
3.5
0
6.4
5.9
5.7
6.5
6.4
Average Assets
(Dollars in Millions)
00 01 02 03 04
200,000
100,000
0
158,481
165,944
171,948
187,630
191,593
Average Shareholders’
Equity
(Dollars in Millions)
00 01 02 03 04
20,000
10,000
0
14,499
16,426
17,273
19,393
19,459
Average Equity to
Average Assets
(In Percents)
00 01 02 03 04
12
6
0
9.1
9.9
10.0
10.3
10.2
(a) Dividends per share have not been restated for the 2001 Firstar/USBM merger.
(b) Computed as noninterest expense divided by the sum of net interest income on a
taxable-equivalent basis and noninterest income excluding securities gains (losses), net.
2 U.S. BANCORP