U.s. Bancorp · NYSE:USB
U.s. Bancorp — RBC Capital Markets Financial Institutions Conference 2019
16 slides from U.s. Bancorp's conference presentation, Mar 12, 2019
Slide 1: RBC Capital Markets Financial Institutions Conference 2019
RBC Capital Markets Financial Institutions Conference 2019 March 12, 2019 Tim Welsh Vice Chairman, Consumer and Business Banking Terry Dolan Vice Chairman and Chief Financial Officer Exhibit 99.1
Slide 2: Forward-looking statements
The following information appears in accordance with the Private Securities Litigation Reform Act of 1995: Today’s presentation contains forward-looking statements about U.S. Bancorp. Statements that are not historical or current facts, including statements about beliefs and expectations, are forwar
Slide 3: U.S. Bancorp
U.S. Bancorp As of 12/31/18, except market value as of 3/8/19 NYSE TradedUSB Founded 1863 Market Value $81B Assets $467B Deposits $345B Loans $287B
Slide 4: Our Strategy
Our Strategy Adapting to meet customer expectations Embracing change Leveraging technology and innovation Creating a nimble and agile environment Making it easy to do business with us Optimizing everything Building on our ethical culture Safeguarding our customers’ information Putting our customers
Slide 5: Consumer and Business Banking
Consumer and Business Banking Branch banking Small business banking Consumer lending Mortgage banking Omnichannel delivery 40% of total net revenue 46% of total deposits 50% of total loans Full-year 2018; average balances Revenue percentage excludes Treasury and Corporate Support; see slide 16 for c
Slide 6: Simplifying Our Customers' Lives
Simplifying Our Customers’ Lives Cross-functional teams work together in our Experience Studios to rapidly deliver new and enhanced products that truly transform the customer experience.
Slide 7: Our Small Business Lending App
Our Small Business Lending App Small business owner Customer starts typing Customer’s account is funded in under an hour Simple-to-use pages guide the applicant through the lending experience All steps in the lending process can be completed electronically
Slide 8: Our Digital Mortgage Experience
Our Digital Mortgage Experience Home buyer Easy application: we partnered with fintech Blend to deliver a simple-to-use, self-guided digital mortgage application platform Instant loan decision: we are the first bank to leverage data via automated workflow to provide existing customers with an immedi
Slide 9: Our Quick Loan Solution for Federal Government Employees
Our Quick Loan Solution for Federal Government Employees Government employee U.S. Bank launches new low-rate, quick loan for customers needing assistance during federal government shutdown.” “
Slide 10: Digital is Transforming the Way We Deliver
Digital is Transforming the Way We Deliver We’re reimagining mobile banking
Slide 11: Optimizing Our Existing Branch Network
Optimizing Our Existing Branch Network As we accelerate the transformation of our distribution network, we aim to deliver the branch model that best serves our customers’ evolving preferences.
Slide 12: Expanding Our Physical Presence
Expanding Our Physical Presence We will selectively expand into new markets, leveraging: Single-product customer relationships outside our existing branch footprint Enhanced digital capabilities Branch-lite physical presence The strengths and capabilities of all of USB’s major lines of business
Slide 13: Driving Growth and Returns
Driving Growth and Returns The value we create for our shareholders begins with the value we create for our customers. Leveraging technology and innovation to deliver better products and capabilities, faster Incorporating customer feedback into product development Speeding our products’ time-to-mark
Slide 14: 1Q19 Guidance Update
1Q19 Guidance Update Net interest income Noninterest income Operating leverage Tax rate Credit Quality
Slide 15: Appendix
Appendix
Slide 16: Non-GAAP Financial Measures
Non-GAAP Financial Measures
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