U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States. It operates in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; lending services, such as traditional credit products; and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, the company offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as investment management, ATM processing, mortgage banking, insurance, and brokerage and leasing services. As of December 31, 2021, the company provided its products and services through a network of 2,230 banking offices principally operating in the Midwest and West regions of the United States, as well as through on-line services, over mobile devices, and other distribution channels; and operated a network of 4,059 ATMs. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
net income	5.84B -	5.85B 0.26%	5.88B 0.48%	5.89B 0.15%	6.22B 5.60%	7.10B 14.12%	6.91B 2.56%	4.96B 28.28%	7.96B 60.58%	5.83B 26.85%	5.43B 6.80%
depreciation and amortization	520M -	501M 3.65%	481M 3.99%	470M 2.29%	468M 0.43%	467M 0.21%	502M 7.49%	527M 4.98%	497M 5.69%	560M 12.68%	1.02B 81.79%
deferred income tax	-69M -						-636M -	869M 236.64%	-2.63B 403.22%	-6.99B 165.35%
stock based compensation							178M -	189M 6.18%	207M 9.52%	202M 2.42%
change in working capital							458M -	-1.06B 331.00%	2.43B 329.49%	6.79B 179.65%	-151M 102.22%
accounts receivables
inventory
accounts payables
other working capital
other non cash items	5.16B -	-1.02B 119.77%	2.42B 337.45%	-1.02B 142.20%	-214M 79.06%	3.00B 1,502.34%	-2.53B 184.21%	-1.77B 29.96%	1.41B 179.66%	14.73B 944.96%	2.15B 85.40%
net cash provided by operating activities	11.45B -	5.33B 53.42%	8.78B 64.70%	5.34B 39.24%	6.47B 21.29%	10.56B 63.23%	4.89B 53.72%	3.72B 23.99%	9.87B 165.61%	21.12B 113.97%	8.45B 60.00%
investments in property plant and equipment	-13.98B -	-13.57B 2.93%						556M -	661M 18.88%		6.03B -
acquisitions net	-58M -	3.44B 6,024.14%						-556M -	-661M 18.88%	12.26B 1,954.31%	-330M 102.69%
purchases of investments	-26.36B -	-37.35B 41.67%	-29.74B 20.38%	-38.85B 30.67%	-27.57B 29.04%	-19.87B 27.93%	-40.52B 103.90%	-68.66B 69.47%	-100.13B 45.83%	-31.68B 68.36%	-9.27B 70.73%
sales maturities of investments	19.68B -	17.17B 12.78%	24.65B 43.61%	34.23B 38.87%	24.43B 28.63%	19.43B 20.47%	31.84B 63.89%	56.23B 76.60%	58.37B 3.79%	57.08B 2.21%	23.69B 58.50%
other investing activites	-303M -	506M 267.00%	-16.07B 3,275.10%	-13.34B 16.98%	-8.99B 32.63%	-8.54B 5.00%	-12.89B 50.97%	-3.01B 76.62%	-15.72B 421.77%	-30.15B 91.79%	-1.18B 96.07%
net cash used for investing activites	-21.02B -	-29.81B 41.80%	-21.15B 29.06%	-17.96B 15.09%	-12.13B 32.48%	-8.98B 25.97%	-21.56B 140.17%	-15.44B 28.39%	-57.49B 272.33%	7.50B 113.05%	18.93B 152.33%
debt repayment	-2.88B -	-4.13B 43.18%	-5.31B 28.66%	-9.49B 78.78%	-10.52B 10.76%	-2.93B 72.16%	-11.12B 279.75%	-14.48B 30.19%	-11.43B 21.03%	-6.93B 39.42%	-4.08B 41.03%
common stock issued	524M -	453M 13.55%	295M 34.88%	355M 20.34%	159M 55.21%	86M 45.91%	88M 2.33%	15M 82.95%	43M 186.67%	21M 51.16%	951M 4,428.57%
common stock repurchased	-2.78B -	-2.20B 20.92%	-2.19B 0.45%	-2.56B 16.71%	-3.72B 45.38%	-2.82B 24.06%	-4.53B 60.35%	-1.67B 63.05%	-2.81B 67.76%	-1.17B 58.32%	-62M 94.70%
dividends paid	-1.83B -	-1.97B 7.60%	-2.02B 2.54%	-2.08B 2.87%	-2.21B 6.50%	-2.37B 6.96%	-2.75B 16.02%	-2.85B 3.90%	-2.89B 1.23%	-3.08B 6.51%	-3.31B 7.67%
other financing activites	16.77B -	34.50B 105.68%	22.09B 35.98%	30.95B 40.15%	25.74B 16.84%	8.39B 67.40%	35.92B 328.13%	70.88B 97.32%	31.02B 56.23%	7.17B 76.90%	-13.22B 284.40%
net cash used provided by financing activities	9.80B -	26.66B 171.93%	12.86B 51.75%	17.18B 33.58%	9.45B 44.97%	361M 96.18%	17.62B 4,781.72%	51.90B 194.50%	13.94B 73.14%	-3.98B 128.56%	-19.72B 395.28%
effect of forex changes on cash
net change in cash	225M -	2.18B 867.56%	493M 77.35%	4.56B 824.54%	3.80B 16.63%	1.95B 48.74%	952M 51.13%	40.17B 4,120.06%	-33.67B 183.82%	24.64B 173.16%	7.65B 68.95%
cash at beginning of period	8.25B -	8.48B 2.73%	10.65B 25.68%	11.15B 4.63%	15.71B 40.89%	19.50B 24.20%	21.45B 9.99%	22.41B 4.44%	62.58B 179.31%	28.91B 53.81%	53.54B 85.23%
cash at end of period	8.48B -	10.65B 25.68%	11.15B 4.63%	15.71B 40.89%	19.50B 24.20%	21.45B 9.99%	22.41B 4.44%	62.58B 179.31%	28.91B 53.81%	53.54B 85.23%	61.19B 14.29%
operating cash flow	11.45B -	5.33B 53.42%	8.78B 64.70%	5.34B 39.24%	6.47B 21.29%	10.56B 63.23%	4.89B 53.72%	3.72B 23.99%	9.87B 165.61%	21.12B 113.97%	8.45B 60.00%
capital expenditure	-13.98B -	-13.57B 2.93%						556M -	661M 18.88%		6.03B -
free cash flow	-2.53B -	-8.24B 225.14%	8.78B 206.59%	5.34B 39.24%	6.47B 21.29%	10.56B 63.23%	4.89B 53.72%	4.27B 12.62%	10.53B 146.51%	21.12B 100.54%	14.47B 31.47%

NYSE:USB

U.S. Bancorp

Last Close

40.97

03/05 20:00

Market Cap

66.39B

Beta: 0.95

Volume Today

4.91M

Avg: 17.40M

PE Ratio

11.26

PFCF: 4.18

Dividend Yield

4.82%

Payout:59.18%