U.S. Bancorp (NYSE:USBpH.PFD)
$ 18.66 -0.050 (-0.27%) Market Cap: 0 Enterprise Value: 44.63 Bil PE Ratio: 12.59 PB Ratio: 1.58 GF Score: 75/100

US Bancorp at RBC Capital Markets Global Financial Institutions Conference Transcript

Mar 11, 2026 / 01:20PM GMT
Release Date Price: $18.93
Gerard Cassidy
RBC Capital Markets Inc - Analyst

Good morning everybody. Welcome to the second day of the RBC Financial Institutions conference, and we're kicking off the fireside chats this morning with US Bancorp.

Immediately to my left is John Stern, the Chief Financial Officer. He joined the organization back in 2000. And he's assumed the leadership of the financial division in 2023. He's Vice Chair and Chief Financial Officer, as I mentioned.

Also, to his left is Steven Phillipson, who's Vice Chair of and Head of the Wealth Corporate and commercial Institutional Banking Group. He's been with US Bancorp since 2009. And has run a number of the different departments and divisions within US Bancorp, which, as we all know is a bank that has almost $700 billion in assets, $81 billion market cap, and is one of the premier regional banks with a price to tangible book value of about 1.8 times. So gentlemen, thank you for joining us.

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Gerard Cassidy
RBC Capital Markets Inc - Analyst

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