U.S. Bancorp

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U.S. Bancorp (NYSE: USB), established in 1863, is a multi-state financial services holding company based in Minneapolis. U.S. Bank, N.A., the primary subsidiary U.S. Bancorp, is one of the largest commercial banks in the United States in terms of assets and deposits; the Federal Reserve ranked it sixth among U.S. commercial banks by consolidated assets at March 31, 2026. It is also one of the largest providers of corporate and purchasing card services and corporate trust services. The company operates through four major business segments: Consumer and Small Business Banking; Wholesale Banking and Commercial Real Estate; Wealth Management and Securities Services; and Payment Services. U.S. Bank Wealth Management is among the top 25 wealth managers in the United States according to Barron’s. As of December 31, 2025, U.S. Bancorp employed 68,520 people and operated 2,075 branches across 26 states and a network of 4,428 ATMs, principally in the Midwest and West regions. California is the Bank’s largest market. U.S. Bank also has a presence in Europe with offices in Ireland and the UK as well as operations in Mexico, Brazil and Canada with branches in Vancouver, Calgary, Edmonton, Toronto and Montreal. In 2014, U.S. Bancorp acquired over 90 branches of Charter One Bank in Chicago from RBS Citizens Financial Group. On December 1, 2022, U.S. Bancorp acquired the core regional banking franchise of MUFG Union Bank from Mitsubishi UFJ Financial Group for $5.5 billion in cash and approximately 44 million shares of common stock; MUFG Union Bank, N.A., which operated approximately 300 branches in California, Washington and Oregon, was merged into U.S. Bank, National Association on May 26, 2023. U.S. Bancorp was named Most Admired Super Regional Bank for the fifth consecutive year by Fortune magazine (2015). As of June 30, 2026, the company had $725.9 billion in total assets; its principal banking subsidiary, U.S. Bank, National Association, reported $705.6 billion in assets and $541.9 billion in deposits to the FDIC at the same date. At September 30, 2017 the company had reported $459.2 billion in total assets, $342.6 billion in total deposits and $278.7 billion in total loans including $59 billion in residential mortgages.

 Key Statistics:

Total assets $725.918 billion (06/2026)
Revenue $21.494 billion (2016)
Net income $5.944 billion (2016)
Total equity $49.351 billion (09/2017)
Company Size 68,520 employees (12/2025)
Market capitalization $86 billion (November 22, 2017)

Headquarters address:
U.S. Bancorp Center
800 Nicollet Mall
Minneapolis, MN, 55402
United States
Phone: 651-466-3000
Toll free: 800-872-2657
Website: www.usbank.com

International Locations:

U.S. Bank, N.A. Canada Branch
120 Adelaide Street West
Toronto, Ontario
M5H 1T1, Canada
Phone: 866-274-5898
Website: www.usbankcanada.com

European headquarters:
U.S. Bank Global Corporate Trust Services
U.S. Bancorp Fund Services, LLC
Fifth Floor, 125 Old Broad Street
London EC2N 1AR, UK

Cayman Branch:
Governors Square
P.O. Box 10555
Grand Cayman KY1-1005
Cayman Islands

Dublin office:
24 - 26, City Quay
Dublin 2 Ireland

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