US Bank 2013 Annual Report Download - page 4

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2 U.S. BANCORP
Net Income
(Dollars in Millions)
6,000
3,000
0
09 10 11 12 13
2,205
3,317
4,872
5,647
5,836
Return on
Average Assets
(In Percents)
2.0
1.0
0
09 10 11 12 13
.8 2
1 .1 6
1 .5 3
1 .6 5
1.65
Net Interest Margin
(taxable-equivalent basis)
(In Percents)
4.00
2.00
0
09 10 11 12 13
3.67
3.88
3.65
3.58
3.44
Average Assets
(Dollars in Millions)
360,000
180,000
0
09 10 11 12 13
268,360
285,861
318,264
342,849
352,680
Diluted Earnings
Per Common Share
(In Dollars)
3.50
1.75
0
09 10 11 12 13
.97
1.73
2.46
2.84
3.00
Return on Average
Common Equity
(In Percents)
20
10
0
09 10 11 12 13
8.2
12.7
15.8
16.2
15.8
Efficiency Ratio(a)
(In Percents)
60
30
0
09 10 11 12 13
48.4
51.5
51.8
51.5
52.4
Average Shareholders’
Equity
(Dollars in Millions)
40,000
20,000
0
09 10 11 12 13
26,307
28,049
32,200
37,611
39,917
Dividends Declared
Per Common Share
(In Dollars)
1.00
.50
0
09 10 11 12 13
.20
.20
.50
.78
.885
Dividend Payout Ratio
(In Percents)
30
15
0
09 10 11 12 13
20.6
11.5
20.2
27.4
29.3
Tier 1 Capital
(In Percents)
12
6
0
09 10 11 12 13
9.6
10.5
10.8
10.8
11.2
Total Risk-based
Capital
(In Percents)
15
7.5
0
09 10 11 12 13
12.9
13.3
13.3
13.1
13.2
(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