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USB (U.S. Bancorp) Total Assets : $678,318 Mil (As of Dec. 2024)


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What is U.S. Bancorp Total Assets?

U.S. Bancorp's Total Assets for the quarter that ended in Dec. 2024 was $678,318 Mil.

Warning Sign:

If a company builds assets at 10.9% a year, faster than its revenue growth rate of 4.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, U.S. Bancorp's average Total Assets Growth Rate was 0.50% per year. During the past 3 years, the average Total Assets Growth Rate was 9.10% per year. During the past 5 years, the average Total Assets Growth Rate was 10.90% per year. During the past 10 years, the average Total Assets Growth Rate was 5.00% per year.

During the past 13 years, U.S. Bancorp's highest 3-Year average Total Assets Growth Rate was 101.10%. The lowest was -28.00%. And the median was 9.10%.

Total Assets is connected with ROA %. U.S. Bancorp's annualized ROA % for the quarter that ended in Dec. 2024 was 0.97%. Total Assets is also linked to Revenue through Asset Turnover. U.S. Bancorp's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.


U.S. Bancorp Total Assets Historical Data

The historical data trend for U.S. Bancorp's Total Assets 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.

* Premium members only.

U.S. Bancorp Total Assets Chart

U.S. Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 553,905.00 573,284.00 674,805.00 663,491.00 678,318.00

U.S. Bancorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 663,491.00 683,606.00 680,058.00 686,469.00 678,318.00

U.S. Bancorp Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

U.S. Bancorp's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=59040+619278
=678,318

U.S. Bancorp's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=59040+619278
=678,318

* 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.


U.S. Bancorp  (NYSE:USB) Total Assets Explanation

Total Assets is connected with ROA %.

U.S. Bancorp's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=6652/( (686469+678318)/ 2 )
=6652/682393.5
=0.97 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

U.S. Bancorp's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=6979/( (686469+678318)/ 2 )
=6979/682393.5
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

U.S. Bancorp Total Assets Related Terms

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U.S. Bancorp Business Description

Address
800 Nicollet Mall, Minneapolis, MN, USA, 55402
With assets of around $680 billion, U.S. Bancorp is one of the largest regional banks in the US with its footprint in 26 states. The bank's branch network is mostly in the midwestern and western markets. U.S. Bancorp has a comprehensive product set, with offerings in retail and commercial banking, credit cards, mortgages, payment services, trust, and wealth services.
Executives
Jodi L Richard officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
James L Chosy officer: EVP, General Counsel, and Sec. 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
Andrew Cecere officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Lisa R Stark officer: EVP and Controller 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
Timothy A Welsh officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
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
Von Gillern Jeffry H. officer: Vice Chairman U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402