U.S. Bancorp

NYSE USB

Data sourced from

and

Download Data

U.S. Bancorp Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2024: -6.44%

U.S. Bancorp Pre-Tax Margin is -6.44% for the Trailing 12 Months (TTM) ending March 31, 2024, a -107.23% change year over year. Pre-tax margin represents the proportion of a company's earnings before taxes (EBT) to its revenue. It is calculated by dividing the EBT by the revenue. This ratio indicates the profitability of the company's operations before the impact of taxes. A higher pre-tax margin suggests that the company generates a larger proportion of revenue as pre-tax profit, indicating stronger operational performance and efficiency.

U.S. Bancorp Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2023 was 89.04%, a 93.85% change year over year.
U.S. Bancorp Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2022 was 45.93%, a 13.21% change year over year.
U.S. Bancorp Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2021 was 40.57%, a -24.99% change year over year.
U.S. Bancorp Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2020 was 54.09%, a -5.28% change year over year.

NYSE: USB

U.S. Bancorp

CEO	Mr. Andrew J. Cecere
IPO Date	Nov. 5, 1987
Location	United States
Headquarters	800 Nicollet Mall, Minneapolis, MN, United States, 55402
Employees	70,000
Sector	Financial Services
Industry	Banks - regional

Description

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 through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; and 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. In addition, the company offers asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. Further, it provides investment and insurance products to its customers principally within its domestic markets, as well as fund administration services to mutual and other funds. Additionally, the company provides corporate and purchasing card, and corporate trust services. Furthermore, it offers trust and investment management, merchant and ATM processing, mortgage banking, insurance, and brokerage and leasing services. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Key trends