US Bank 2011 Annual Report Download - page 2

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National
Wholesale Banking & Trust Services
International
Payments
Regional
Consumer & Business Banking
& Wealth Management
Corporate Trust
offices in London
and Dublin
Corporate Profi le
U.S. Bancorp is a diversifi ed fi nancial services holding company and
parent company of U.S. Bank National Association, the nation’s fi fth-largest
commercial bank. U.S. Bancorp was named Fortune Magazine’s 2011
Most Admired Superregional Bank and the fi fth Most Admired company
in management quality in the world. Recognized for its strong fi nancial
performance, prudent risk management, capital generation and product
quality, U.S. Bancorp provides a wide range of fi nancial services for
consumers, businesses, government entities and other fi nancial institutions.
U.S. Bank’s branch network serves 25 states, and we offer regional consumer
and business banking and wealth management services, national wholesale
and trust services and global payments services to more than 17.4 million
customers. Headquartered in Minneapolis, U.S. Bank was founded in 1863
under national Charter #24 and is the nation’s second oldest bank operating
under its original charter. The company will celebrate its sesquicentennial
in 2013. U.S. Bancorp employs 63,000 people.
Sustainability
This annual report was printed at Hennegan, a company committed to sustaining a healthy and safe
environment by exceeding regulatory and environmental requirements as defi ned by local, state and federal
governments. Their environmental initiatives focus on:
• Reducing volatile organic compound emissions, energy and water use.
• Recycling chemical and paper waste.
• Sourcing environmentally preferable products.
The paper utilized in this annual report is certifi ed by SmartWood, a program of the Rainforest Alliance,
to the FSC® standards and contains a minimum of 10% post-consumer recycled paper fi bers.
The narrative and fi nancial sections contain 30% post-consumer recycled paper fi bers.
U.S. Bancorp At A Glance
Ranking U.S. Bank is 5th largest U.S. commercial bank
Asset size $340 billion
Deposits $231 billion
Loans $210 billion
Earnings per common share (diluted) $2.46
Return on average assets 1.53%
Return on average common equity 15.8%
Customers 17.4 million
Bank branches 3,085
ATMs 5,053
Consumer and business banking
and wealth management Regional
Wholesale banking and trust services National
Payment services, merchant processing
and corporate trust International
NYSE symbol USB
Year founded 1863
Information on this page is as of December 31, 2011
Business Scope