U.S. Bancorp (U.S. Bancorp) Allowance For Loans And Lease Losses : $-7,379 Mil (As of Dec. 2023)

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What is U.S. Bancorp Allowance For Loans And Lease Losses?

U.S. Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-7,379 Mil.

U.S. Bancorp's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 ($-7,164 Mil) to Sep. 2023 ($-7,218 Mil) and declined from Sep. 2023 ($-7,218 Mil) to Dec. 2023 ($-7,379 Mil).

U.S. Bancorp's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-5,724 Mil) to Dec. 2022 ($-6,936 Mil) and declined from Dec. 2022 ($-6,936 Mil) to Dec. 2023 ($-7,379 Mil).

U.S. Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for U.S. Bancorp's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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U.S. Bancorp Allowance For Loans And Lease Losses Chart

U.S. Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-4,020.00

-7,314.00

-5,724.00

-6,936.00

-7,379.00

U.S. Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-7,020.00	-7,164.00	-7,218.00	-7,379.00	-7,514.00

U.S. Bancorp Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

U.S. Bancorp Allowance For Loans And Lease Losses Related Terms

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U.S. Bancorp (U.S. Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » U.S. Bancorp (NYSE:USB) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

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Address

800 Nicollet Mall, Minneapolis, MN, USA, 55402

Website

https://www.usbank.com

As a diversified financial-services provider, U.S. Bancorp is one of the nation's largest regional banks, with branches in roughly 26 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.

Executives

Timothy A Welsh	officer: Vice Chairman	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Terrance R Dolan	officer: EVP, Controller	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Shailesh M Kotwal	officer: Vice Chairman	8501 N. SCOTTSDALE ROAD, SUITE 300, SCOTTSDALE AZ 85253
Venkatachari Dilip	officer: SEVP & Chief Info & Tech Off	800 NICOLLET MALL, MINNEAPOLIS MN 55402
John C Stern	officer: SEVP and CFO	800 NICOLLET MALL, MINNEAPOLIS MN 55402
James B Kelligrew	officer: Vice Chairman	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Richard P Mckenney	director	UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Scott W. Wine	director	2100 HIGHWAY 55, MEDINA MN 55340
Alan B. Colberg	director	ASSURANT, INC., ONE CHASE MANHATTAN PLAZA, 41 FL., NEW YORK NY 10005
Souheil Badran	officer: SEVP, Chief Operations Officer	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Andrew Cecere	officer: Vice Chairman	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Von Gillern Jeffry H.	officer: Vice Chairman	U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Lisa R Stark	officer: EVP and Controller	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Loretta E Reynolds	director	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Katherine B Quinn	officer: EVP, Strategy & Corp. Affairs	US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402