U.S. Bancorp Reports First Quarter 2022 Results

Rhea-AI Summary

U.S. Bancorp (NYSE:USB) announced its Q1 2022 results, highlighting its position as a leading financial institution with $573 billion in assets as of December 31, 2021. The company continues to be recognized for digital innovation and customer service. A conference call to discuss financial results will be held at 8 a.m. Central Time. U.S. Bancorp serves millions through various business sectors, emphasizing its commitment to ethical operations and social responsibility.

Positive

• Recognition as one of the 2022 World’s Most Ethical Companies.
• Assets of $573 billion as of December 31, 2021.
• Diverse mix of businesses contributing to financial stability.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- U.S. Bancorp reported its first quarter 2022 results today. The earnings release, business line schedules and slide presentation can be accessed online at ir.usbank.com/investor-relations/financial-information.

At 8 a.m. Central Time, Chairman, President and Chief Executive Officer Andy Cecere and Vice Chair and Chief Financial Officer Terry Dolan will host a conference call to review the financial results. The conference call will be available online or by telephone. To access the webcast and presentation, visit U.S. Bancorp’s website at usbank.com and click on “About Us,” “Investor Relations” and “Webcasts & Presentations.” To access the conference call via telephone from locations within the United States and Canada, please dial 866.316.1409. Participants calling from outside the United States and Canada, please dial 706.634.9086. The conference ID number for all participants is 1698510.

About U.S. Bank

U.S. Bancorp, with nearly 70,000 employees and $573 billion in assets as of December 31, 2021, is the parent company of U.S. Bank National Association. The Minneapolis-based company serves millions of customers locally, nationally and globally through a diversified mix of businesses: Consumer and Business Banking; Payment Services; Corporate & Commercial Banking; and Wealth Management and Investment Services. The company has been recognized for its approach to digital innovation, social responsibility, and customer service, including being named one of the 2022 World’s Most Ethical Companies and Fortune’s most admired superregional bank. Learn more at usbank.com/about.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220414005103/en/

Investor contact: Jennifer Thompson, U.S. Bancorp Investor Relations

jen.thompson@usbank.com, 612.303.0778, @usbank_news

Media contact: Jeff Shelman, U.S. Bancorp Public Affairs and Communications

Jeffrey.shelman@usbank.com, 612.303.9933, @usbank_news

Source: U.S. Bancorp

FAQ

What were U.S. Bancorp's Q1 2022 results?

U.S. Bancorp reported its Q1 2022 financial results, continuing its strong performance as a major financial institution.

How much assets does U.S. Bancorp have?

As of December 31, 2021, U.S. Bancorp has $573 billion in assets.

What is U.S. Bancorp's stock symbol?

U.S. Bancorp's stock symbol is USB.

When will U.S. Bancorp hold the conference call for Q1 2022 results?

The conference call for Q1 2022 results is scheduled for 8 a.m. Central Time.

Where can I access U.S. Bancorp's financial information?

U.S. Bancorp's financial information can be accessed at ir.usbank.com/investor-relations/financial-information.