US Bancorp \de\.
- USB · NYSE
- National Commercial Banks
- Minneapolis, MN
- 68,520 employees
- CIK 0000036104
Updated from SEC filings through
Top things to know
Executives
- Gunjan Kedia President & CEO 4, 2026-08-31
- John C. Stern Vice Chair and CFO 4, 2026-03-09
- Venkatachari Dilip SEVP & Chief Info & Tech Off 4, 2026-05-06
- Elcio R.T. Barcelos Senior EVP, Chief HR Officer 4, 2026-03-09
- Souheil Badran SEVP, Chief Operations Officer 4, 2026-03-09
- Troy William Remington EVP and Interim CRO 3, 2026-11-02
US Bancorp \de\ is a U.S. public company in national commercial banks (SIC 6021), headquartered in Minneapolis, MN. It trades as USB on NYSE. Revenue was $28.7B in the fiscal year ending December 31, 2025, +4.4% from the year before. It reported about 68,520 employees. Gunjan Kedia is President & CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $28.7B 10-K, 2026-02-23 | $27.5B 10-K, 2026-02-23 | $28.1B 10-K, 2026-02-23 | $24.3B 10-K, 2025-02-21 | $13.5B 10-K, 2024-02-20 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $7.6B 10-K, 2026-02-23 | $6.3B 10-K, 2026-02-23 | $5.4B 10-K, 2026-02-23 | $5.8B 10-K, 2025-02-21 | $8.0B 10-K, 2024-02-20 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Gunjan Kedia Chairman and CEO, U.S. Bancorp | President & CEO | 4, 2026-08-31 |
| John C. Stern Vice Chair and Chief Financial Officer | Vice Chair and CFO | 4, 2026-03-09 |
| Venkatachari Dilip | SEVP & Chief Info & Tech Off | 4, 2026-05-06 |
| Elcio R.T. Barcelos | Senior EVP, Chief HR Officer | 4, 2026-03-09 |
| Souheil Badran | SEVP, Chief Operations Officer | 4, 2026-03-09 |
| Troy William Remington | EVP and Interim CRO | 3, 2026-11-02 |
| James L. Chosy | Senior EVP and General Counsel | 4, 2026-07-24 |
| Stephen L. Philipson Vice Chair, Head of Wealth, Corporate, Commercial, and Institutional Banking (WCIB) at U.S. Bank | Vice Chair | 4, 2026-07-22 |
| Jodi L. Richard | Vice Chair | 4, 2026-04-22 |
| Mark G. Runkel Vice Chair,Head of Payments: Merchant and Institutional at U.S. Bank | Vice Chair | 4, 2026-03-09 |
| Arijit Roy Senior Executive Vice President - Head of Consumer & Business Banking Products | Sr. Exec. VP | 4, 2026-03-09 |
| Courtney Kelso Global Financial Services Executive | FinTech Innovation | Product and Marketing Expert | B2B and Small Business Advocate | People-Centered Leadership | Sr. Exec. VP | 4, 2026-03-09 |
| Lisa R. Stark | EVP and Controller | 4, 2026-03-09 |
| David Kuhn | Deputy CISO | 10-K, 2026-02-23 |
| Aleem Gillani | Board member (per proxy) bio: Director | DEF 14A, 2026-03-10 |
| Dorothy Bridges | Board member (per proxy) bio: Director | DEF 14A, 2026-03-10 |
What US Bancorp \de\ does
S.S. Bancorp” or the “Company”). Statements that are not historical or current facts, including statements about beliefs and expectations, are forward-looking statements and are based on the information available to, and assumptions and estimates made by, management as of the date hereof.S. Bancorp.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 1.56 billion (as of October 31, 2026) | 10-Q, November 5, 2026 |
|---|---|---|
| Public float | $70.5B (as of June 30, 2025) | 10-K, February 23, 2026 |
| Reportable segments | 3 (period ending September 30, 2026) | 10-Q, November 5, 2026 |
| Latest proxy statement | Meeting April 21, 2026 (filed March 10, 2026) | DEF 14A, March 10, 2026 |
| Auditor | Ernst & Young LLP (Minneapolis, Minnesota) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| August 28, 2026 | Gunjan Kedia President & CEO | Sale | 27,267 | $1.7M | Form 4, August 31, 2026 |
| July 23, 2026 | James L. Chosy Senior EVP and General Counsel | Sale | 22,968 | $1.5M | Form 4, July 24, 2026 |
| July 20, 2026 | Stephen L. Philipson Vice Chair | Sale | 36,906 | $2.3M | Form 4, July 22, 2026 |
| May 5, 2026 | Venkatachari Dilip SEVP & Chief Info & Tech Off | Sale | 34,522 | $1.9M | Form 4, May 6, 2026 |
| April 21, 2026 | Jodi L. Richard Vice Chair | Sale | 40,000 | $2.3M | Form 4, April 22, 2026 |
| February 6, 2026 | Mark G. Runkel Vice Chair | Sale | 32,195 | $2.0M | Form 4, February 9, 2026 |
| February 3, 2026 | Elcio R.T. Barcelos Senior EVP, Chief HR Officer | Sale | 17,204 | $1.0M | Form 4, February 4, 2026 |
| October 20, 2025 | James L. Chosy Senior EVP and General Counsel | Sale | 26,909 | $1.3M | Form 4, October 21, 2025 |
Recent 8-K events
- 8-K filed 2026-11-06
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-11-05
- 8-K filed 2026-10-30
- Item 3.03 Material modification to rights of security holders
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- Item 8.01 Other events
- 8-K filed 2026-10-29
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-10-15
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-16
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-06-24
- Item 8.01 Other events
- 8-K filed 2026-04-23
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-04-16
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-04-08
- Item 7.01 Regulation FD disclosure
Frequently asked questions about US Bancorp \de\
- What does US Bancorp \de\ do?
- In its own words, from Item 1 of its 10-K: "S.S. Bancorp” or the “Company”). Statements that are not historical or current facts, including statements about beliefs and expectations, are forward-looking statements and are based on the information available to, and assumptions and estimates made by, management as of the date hereof.S. Bancorp."
- What is US Bancorp \de\'s revenue?
- $28.7B for the fiscal year ending December 31, 2025, from its 10-K filed February 23, 2026.
- Is US Bancorp \de\ profitable?
- US Bancorp \de\ reported net income of $7.6B for the fiscal year ending December 31, 2025.
- How many employees does US Bancorp \de\ have?
- About 68,520 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of US Bancorp \de\?
- Gunjan Kedia, President & CEO, as named in a 4 filed August 31, 2026.
- Who is the CFO of US Bancorp \de\?
- John C. Stern, Vice Chair and CFO, as named in a 4 filed March 9, 2026.
- Where is US Bancorp \de\ headquartered?
- Minneapolis, MN.
- What is US Bancorp \de\'s stock ticker?
- USB, USB-PA, USB-PH, USB-PP, USB-PQ, USB-PR, USB-PS on NYSE.
- What industry is US Bancorp \de\ in?
- National Commercial Banks, SIC code 6021.
- What is US Bancorp \de\'s website?
- usbank.com.
- When does US Bancorp \de\ report earnings next?
- January 14, 2027. Source: estimate_8k_pattern.
- Is US Bancorp \de\ a public company?
- Yes. US Bancorp \de\ files with the SEC under CIK 0000036104 and trades as USB.
- Who audits US Bancorp \de\?
- Ernst & Young LLP, Minneapolis, Minnesota, as named in its latest annual report (10-K).
- How many shares of US Bancorp \de\ are outstanding?
- 1.56 billion shares as of October 31, 2026, from its 10-Q filed November 5, 2026.
- What is US Bancorp \de\'s public float?
- $70.5B as of June 30, 2025, as reported on the cover of its 10-K filed February 23, 2026.
- How many business segments does US Bancorp \de\ report?
- 3 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 5, 2026.
- When is US Bancorp \de\'s annual shareholder meeting?
- April 21, 2026, per its proxy statement (DEF 14A) filed March 10, 2026.
- Have US Bancorp \de\ insiders traded stock recently?
- Since July 21, 2025, officers and directors reported 11 open-market sales worth about $22.4M and 0 purchases on Forms 4 and 5. The most recent: Gunjan Kedia (President & CEO) sold 27,267 shares on August 28, 2026.