US Bank 2010 Annual Report Download - page 4

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2 U.S. BANCORP
5,000
2,500
0
06 07 08 09 10
4,751
4,324
2,946
2,205
3,317
NET INCOME
(Dollars in Millions)
2.4
1.2
0
06 07 08 09 10
2.23
1.93
1.21
.82
1.16
RETURN ON
AVERAGE ASSETS
(In Percents)
4.00
2.00
0
06 07 08 09 10
3.65
3.47
3.66
3.67
3.88
NET INTEREST MARGIN
(TAXABLE-EQUIVALENT BASIS)
(In Percents)
300,000
150,000
0
06 07 08 09 10
213,512
223,621
244,400
268,360
285,861
AVERAGE ASSETS
(Dollars in Millions)
3.00
1.50
0
06 07 08 09 10
2.61
2.42
1.61
.97
1.73
DILUTED EARNINGS
PER COMMON SHARE
(In Dollars)
25
12.5
0
06 07 08 09 10
23.5
21.3
13.9
8.2
12.7
RETURN ON AVERAGE
COMMON EQUITY
(In Percents)
60
30
0
06 07 08 09 10
45.4
49.2
46.9
48.4
51.5
EFFICIENCY RATIO(a)
(In Percents)
30,000
15,000
0
06 07 08 09 10
20,710
20,997
22,570
26,307
28,049
AVERAGE SHAREHOLDERS’
EQUITY
(Dollars in Millions)
2.00
1.00
0
06 07 08 09 10
1.390
1.625
1.700
.200
.200
DIVIDENDS DECLARED
PER COMMON SHARE
(In Dollars)
100
50
0
06 07 08 09 10
52.7
66.3
104.9
20.6
11.5
DIVIDEND PAYOUT RATIO
(In Percents)
12
6
0
06 07 08 09 10
8.8
8.3
10.6
9.6
10.5
TIER 1 CAPITAL
(In Percents)
15
7.5
0
06 07 08 09 10
12.6
12.2
14.3
12.9
13.3
TOTAL RISKED-BASED
CAPITAL
(In Percents)
(a) Computed as noninterest expense divided by the sum of net interest income on a taxable-equivalent basis and noninterest income excluding net securities gains (losses).
SELECTED FINANCIAL HIGHLIGHTS