U.S. Bancorp

A regional bank holding company based in Minneapolis.

October 18, 2017

Higher interest rates, loan growth drive U.S. Bancorp's profit up, but not enough for some investors

Executives were upbeat about the broad economy heading into 2018.
July 19, 2017

U.S. Bank turns a corner on efficiency, momentum builds for revenue growth

Company took big strides in the second quarter, CEO Andy Cecere's debut.
April 19, 2017

U.S. Bancorp beats forecasts with 6.3 percent jump in profit

The company's new CEO began his first full day on the job with an earnings beat.
January 25, 2017
Richard Davis, CEO of U.S. Bancorp, helped broker the deal for the new Vikings stadium, for which his company bought naming rights.

As Trump settles in, U.S. Bank's Davis suggests optimism and readiness

The U.S. Bancorp CEO says there is "a new game afoot" in the country.
October 21, 2016

Schafer: Cyberprotection requires vigilance

U.S. Bancorp’s head of cybersecurity, Jason Witty, uses the internet for pretty much everything. He even described in a recent conversation how he bought a…
October 19, 2016

U.S. Bancorp's Richard Davis says banks are still fighting for their reputation

U.S. Bancorp reports "solid" results, but the CEO says Wells Fargo's problems are an issue for financial industry
July 15, 2016

Even as interest rates remain low, U.S. Bancorp reaps record profit

The Minneapolis company has found a way to thrive in a market with low interest rates.
March 10, 2016

Paywatch: St. Jude Chairman Daniel Starks made $13.5 million last year

Patrick Kennedy Daniel starks St. Jude Medical Inc. Executive chairman Total compensation: $13,538,010 for the year ended Dec. 31, 2015 Salary: $1,110,000 Non-equity incentive pay: $1,453,545…
March 9, 2016
Richard Davis, chief executive of U.S. Bancorp and chairman of the Fin...

U.S. Bancorp CEO Richard Davis had $21.8 million in total compensation for 2015

Richard Davis chairman and CEO of U.S. Bancorp Total compensation: $21,754,748 for the year ended December 31 Salary: $1,300,000 Non-equity incentive pay: $2,304,900 Other compensation:…
January 15, 2016

Minnesota's biggest bank firms end 2015 with solid, though not bigger, profits

CEO calls U.S. Bancorp's 2015 effort "remarkable."
December 16, 2015

Schafer: Fed has taken the first step back to normal

It’s not going to make much of a difference in a big banking company like U.S. Bancorp that the interest rate for federal funds is…
November 14, 2015
President Barack Obama bestows the Medal of Honor on retired Staff Sgt...

Schafer: Poignant words on leadership and sacrifice from a veterans' veteran

It's not easy to upstage U.S. Bancorp CEO Richard Davis, about as gifted a public speaker as this business community has. But a soft-spoken oil field safety specialist from North Dakota managed to do so last week.
October 17, 2015

U.S. Bancorp sends a caution signal on commercial real estate

When the company announced its third quarter results on Thursday, Chief Executive Richard Davis told analysts and investors that it is trying to hold a line on growth in ­commercial real estate.
October 16, 2015

U.S. Bancorp profit rises, takes a conservative view on higher rates

As banks wait for the Fed to move, U.S. Bancorp saw steady growth in loans and deposits.
June 23, 2015

U.S. Bancorp settles dispute with Peregrine for $44.5M

Bank allegedly let founder of Peregrine use brokerage funds as his own money.
March 9, 2015

U.S. Bank, 3M, Ecolab, Thrivent named among 'most ethical' businesses

The group featured U.S. Bancorp, 3M, Ecolab and Thrivent Financial.
January 22, 2015

While profit rises, U.S. Bancorp focuses on costs, waits for Fed hike

Loan profitability will get a boost when Fed lets rates rise.
Cecere's new job
January 21, 2015

U.S. Bank moves Cecere to operations chief

Andy Cecere's move from finance to operations chief at U.S. Bancorp suggests he's in line to be the company's next top leader.
U.S. Bank hiring
November 22, 2014

U.S. Bank to add 2,000 workers in 2015

CEO Richard Davis says the economy is getting stronger and business should grow.
November 21, 2014

CEO Richard Davis: U.S. Bank will hire between 2,000 and 3,000 in 2015

U.S. Bancorp is hiring about 1,500 people in 2014 and will hire up to another 3,000 by the end of 2015, CEO Richard Davis said in an interview with Bloomberg in New York.
Hiring the unemployed
October 31, 2014

U.S. Bank tests ways to fight bias against long-term unemployed

U.S. Bank is piloting a federal program that tackles an ugly legacy of the recession – a hiring bias against the long-term unemployed.
U.S. Bancorp
October 22, 2014

U.S. Bank profit flat as commercial loans grow

Commercial loans grew at more than twice the rate of its overall lending portfolio.
Fair housing
October 9, 2014

Fair housing group challenges U.S. Bank over upkeep of foreclosed Mpls. properties

A fair housing group said the bank failed to maintain certain foreclosed properties. The bank denied the charge.
U.S. Bank
September 25, 2014

July 1: U.S. Bank to pay feds $200 million for FHA claims

The U.S. Department of Justice blamed the lender for contributing to the nation's costly housing collapse and epidemic of foreclosures. The bank did not admit any liability.
USB's record quarter
July 17, 2014

Lending spurt accelerates second quarter profit for U.S. Bancorp

Commercial loans were up 12.4 percent for the big, Minneapolis-based bank.