U.S. Bancorp

An exceptional banking franchise

Banker assisting customers inside a U.S. Bank branch

Headquartered in Minneapolis, U.S. Bancorp is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. Our three major business lines serve 15 million clients throughout the U.S., Canada and Europe, and our team of nearly 70,000 people invests our hearts and minds to power human potential every day. Ranked 105th on the Fortune 500, we are deeply respected for our culture and long-term stewardship and admired for our diversified business mix and product capabilities.

Headquartered in Minneapolis, U.S. Bancorp is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. Our three major business lines serve 15 million clients throughout the U.S., Canada and Europe, and our team of nearly 70,000 people invests our hearts and minds to power human potential every day. Ranked 105th on the Fortune 500, we are deeply respected for our culture and long-term stewardship and admired for our diversified business mix and product capabilities.

How each business line delivers for you

Wealth, Corporate, Commercial and 
Institutional Banking

Asset Management and Institutional Services, Commercial Real Estate, Equipment Finance, Global Capital Markets, Global Corporate Trust, Global Fund Services, Institutional Client Group, U.S. Bancorp Impact Finance and Wealth Management

Consumer and Business Banking

Consumer Banking, Consumer Lending (mortgage, auto/recreational vehicle), Business Banking, Business Lending

Payment Services

Retail Payment Solutions, Merchant Payment Services and Corporate Payment and Treasury Solutions

Additionally, fee income represents

of total net revenue for U.S. Bancorp

For the 12 months ended December 31, 2025, on a taxable-equivalent basis.

Our clients

~13M

Consumer clients

~1.4M

Business clients

~500K

Wealth clients

~48K

Corporate and institutional clients

Disclosures

Business line revenue percentages above for the year ended December 31, 2025, are non-GAAP financial measures, are given on a taxable-equivalent basis and exclude Treasury and Corporate Support. See Non-GAAP Financial Measures beginning on page 54 of the Annual Report for reconciliation.