US Bank 2007 Annual Report Download - page 6

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4 U.S. BANCORP
Net Income
(Dollars in Millions)
5,000
2,500
0
03 04 05 06 07
0
7
4,324
3,733
4,167
4,489
4,751
(a)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.
Dividends Declared
Per Common Share
(In Dollars)
2.00
1.00
0
03 04 05 06 07
07
0
1.625
.855
1.020
1.230
1.390
Return on
Average Assets
(In Percents)
2.4
1.2
0
03 04 05 06 07
0
7
1.93
1.99
2.17
2.21
2.23
Return on Average
Common Equity
(In Percents)
24
12
0
03 04 05 06 07
0
7
21.3
19.2
21.4
22.5
23.6
Dividend
Payout Ratio
(In Percents)
80
40
0
03 04 05 06 07
0
7
66.1
44.1
46.2
50.2
52.7
Net Interest Margin
(Taxable-Equivalent Basis)
(In Percents)
5.00
2.50
0
03 04 05 06 07
07
0
3.47
4.49
4.25
3.97
3.65
Efficiency Ratio
(a)
(In Percents)
50
25
0
03 04 05 06 07
0
7
0
49.3
45.6
45.3
44.3
45.4
Tier 1 Capital
(In Percents)
10
5
0
03 04 05 06 07
0
7
8.3
9.1
8.6
8.2
8.8
Average Assets
(Dollars in Millions)
240,000
120,000
0
03 04 05 06 07
0
7
0
223,621
187,630
191,593
203,198
213,512
Average Shareholders’
Equity
(Dollars in Millions)
25,000
12,500
0
03 04 05 06 07
07
0
20,997
19,393
19,459
19,953
20,710
Total Risk-Based
Capital
(In Percents)
15
7.5
0
03 04 05 06 07
0
7
12.2
13.6
13.1
12.5
12.6
Diluted Earnings
Per Common Share
(In Dollars)
3.00
1.50
0
03 04 05 06 07
07
0
2.43
1.93
2.18
2.42
2.61
Selected Financial Highlights