U.S. Bancorp Reports Second Quarter 2021 Results

Rhea-AI Summary

U.S. Bancorp announced its second quarter 2021 results today with a significant financial reporting update. The company boasts approximately $553 billion in assets as of March 31, 2021, and employs nearly 70,000 staff. U.S. Bancorp operates various businesses including Consumer and Business Banking, Payment Services, and Wealth Management. The company has gained accolades for its digital innovation and customer service, recognized as one of the World’s Most Ethical Companies in 2021. Further details and discussion will be provided during a conference call hosted by CEO Andy Cecere and CFO Terry Dolan.

Positive

• Recognized as one of the 2021 World’s Most Ethical Companies.
• Significant operational scale with nearly 70,000 employees and $553 billion in assets.

Negative

• None.

U.S. Bancorp reported its second quarter 2021 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. CT, 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 8286744.

About U.S. Bank

U.S. Bancorp, with nearly 70,000 employees and $553 billion in assets as of March 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 2021 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/20210715005180/en/

FAQ

What were U.S. Bancorp's second quarter 2021 results?

U.S. Bancorp announced its second quarter results with a focus on its asset management, reporting $553 billion in assets.

Who will discuss the financial results of U.S. Bancorp?

CEO Andy Cecere and CFO Terry Dolan will discuss the financial results in a conference call.

Where can I access U.S. Bancorp's earnings release?

The earnings release can be accessed online at U.S. Bancorp's investor relations page.

When is the conference call for U.S. Bancorp's Q2 results?

The conference call will take place at 8 a.m. CT on the day of the earnings release.

What is U.S. Bancorp's focus in its business operations?

U.S. Bancorp focuses on Consumer and Business Banking, Payment Services, Corporate Banking, and Wealth Management.