U.s. Bancorp · NYSE:USB
U.s. Bancorp — BancAnalysts Association of Boston Conference 2021
17 slides from U.s. Bancorp's conference presentation, Nov 5, 2021
Slide 1: BancAnalysts Association of Boston Conference 2021
BancAnalysts Association of Boston Conference 2021 November 5, 2021 Terry Dolan Vice Chair and Chief Financial Officer Dominic Venturo Senior Executive Vice President and Chief Digital 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 9/30/21, except market value as of 10/29/21 NYSE TradedUSB Founded1863 Market Value$90B Branches 2,252 ATMs 4,083 Assets $567B Deposits $443B Loans $298B Regional National International Consumer & Business Banking and Wealth Management Corporate & Commercial Banking and Wealth Man
Slide 4: Our Position Among Our Peers
Our Position Among Our Peers Assets Deposits Market Value Source: company reports and Bloomberg Assets and deposits as of 9/30/21; market value as of 10/29/21
Slide 5: Our differentiated business mix supports consistent growth
Consumer & Business Banking Branch banking, small business banking, consumer lending, mortgage banking and omnichannel delivery Corporate & Commercial Banking Corporate Banking, Commercial Banking and Commercial Real Estate Payment Services Retail Payment Solutions, Global Merchant Acquiring and Cor
Slide 6: U.S. Bank's Digital Objective
U.S. Bank’s Digital Objective Incremental Growth Increased Loyalty and Retention Stronger Engagement through DIY & DIT Reusable Platforms DIY Tools Smart Assistant U.S BANCORP | 6 A focus on digital provides… that result in… through… Excellent customer experiences Increased efficiencies
Slide 7: New Revenue Opportunities Drive to Increase Efficiencies
New Revenue Opportunities Drive to Increase Efficiencies Approaching digital above and below the glass ABOVE BELOW Smart and personalized interactions DIY, DIT and digital sales Create amazing speed and scale Activate full Agile development in Digital Studios and beyond Customer 360 A consistent, co
Slide 8: Digital provides best in class customer experience
Digital provides best in class customer experience An above the glass digital approach can drive incremental growth #1 Customer Service Features #1 Mobile Check Deposit Cornerstone Advisors Business Insider Intelligence #1 Banking App Keynova Group* Named Best in Industry Digital Mortgage Tools Kipl
Slide 9: The shift towards digital is driving engagement
The shift towards digital is driving engagement As digital active customers continue to increase +44% More transactions now occur digitally With customer preference migrating to our mobile platform Digital Lending Small Business >2.5x * Represents core Consumer Banking customers active in at least o
Slide 10: Smart Assistant reducing back-office work
Smart Assistant reducing back-office work Our success will be measured by business outcomes, not our effort DIY and DIT for all segments Reengineer and simplify, digitize, automate DIY and DIT experiences where it matters Leveraging reusable platforms and interfaces Consolidate interfaces, while cre
Slide 11: Deploying all our digital strengths for RTP solutions
Deploying all our digital strengths for RTP solutions ~3.8x We are experiencing rapid RTP growth Initiatives Shifting volumes from inefficient and expensive payments Engaging payment aggregators Co-creating with corporates and FinTechs to create innovative products and optimize legacy payment proces
Slide 12: Using digital to help small businesses manage their operations
Using digital to help small businesses manage their operations talech helps small businesses tackle accounts receivable and operational tasks Bento helps small businesses take charge of accounts payable and expense management Bento offerings Business debit cards Expense tracking Card controls Virtua
Slide 13: Powering up partnerships with digital
Powering up partnerships with digital State Farm agent locations U.S. Bank locations * Data as of 11/1/21 Note: State Farm and logo are trademarks of State Farm Mutual Automobile Company U.S. Bank’s digital capabilities coupled with State Farm’s network is helping us reach new markets and acquire ne
Slide 14: Our strong digital foundation will help serve Union Bank's client base
Our strong digital foundation will help serve… … Union Bank’s large, loyal client base 1 million 190,000 50,000 700 Consumer Accounts Business Banking Clients HNW / Affluent Households Commercial Relationships Best in Class Application DIY Services Paperless Cloud Infrastructure Artificial Intellige
Slide 15: World-class digital capabilities positioned to deliver superior growth
Our world-class digital capabilities allow us to be well positioned to deliver superior growth and industry-leading returns on equity
Slide 16: Appendix
Appendix =— U.S. BANCORP | 16
Slide 17: Non-GAAP financial measures
Non-GAAP financial measures
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