U.s. Bancorp · NYSE:USB
U.s. Bancorp — Bank of America Merrill Lynch Future of Financials Conference 2017
7 slides from U.s. Bancorp's conference presentation, Nov 14, 2017
Slide 1: Bank of America Merrill Lynch Future of Financials Conference
Bank of America Merrill Lynch Future of Financials Conference November 14, 2017 Leslie Godridge Jim Kelligrew Vice Chairman, Wholesale Banking Vice Chairman, Wholesale Banking Exhibit 99.1
Slide 2: Forward-looking Statements and Additional Information
Forward-looking Statements and Additional Information 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
Slide 3: Wholesale Banking
Wholesale Banking $ in millions Revenue breakdown 3Q17 YTD * Taxable-equivalent basis ** Non-GAAP measure, see slide 6 for calculation 3Q17 YTD Net interest income* $1,806 Noninterest income $694 Total net revenue $2,500 Noninterest expense $1,191 Net income $827 Fee income ratio 27.8% Efficiency ra
Slide 4: The Dynamics of Wholesale Banking
The Dynamics of Wholesale Banking Expansion through new products, enhancements & offices: Our competitive advantages: Strong financial performance Optimal size Best-in-class debt ratings make us the counterparty of choice Diverse mix of revenue Effective partnerships across business lines Operating
Slide 5: Optimization in Wholesale Banking
Optimization in Wholesale Banking Up-tiering client relationships Building out national middle market Fee opportunities complement lending relationships USB serves 90% of Fortune 500 companies and 88% of the Fortune 1,000 We lead with credit, then quickly shift focus to deeper, more profitable relat
Slide 6: Innovation in Wholesale Banking
Innovation in Wholesale Banking Virtual Pay What is a virtual payment solution? Unique single-use 16-digit account number Generated at time of payment Assigned to specific payment or supplier Real-time payments; 24/7 Fastest growing Corporate Payment Systems product Growing ~20% year-over-year Volum
Slide 7: Non-GAAP Financial Measures
Non-GAAP Financial Measures
US Bancorp \de\ — Bank of America Merrill Lynch Future of Financials Conference 2017 on 6ix