U.s. Bancorp · NYSE:USB
U.s. Bancorp — Deutsche Bank Global Financial Services Conference 2019
16 slides from U.s. Bancorp's conference presentation, May 28, 2019
Slide 1: Deutsche Bank Global Financial Services Conference
Deutsche Bank Global Financial Services Conference May 28, 2019 Shailesh Kotwal Vice Chairman, Payment Services 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 3/31/19, except market value as of 5/23/19 NYSE TradedUSB Founded 1863 Market Value $81B Assets $476B Deposits $348B Loans $288B
Slide 4: Payment Services
Payment Services 29% of USB’s total net revenue 11% of USB’s total average loans Retail payment solutions – 65% Global merchant acquiring – 26% Corporate payment systems – 9% 60% of Payments revenue is fee income Payment services total net revenue breakdown: We operate across complementary payments
Slide 5: Retail Payment Solutions
Retail Payment Solutions U.S. Bank branded consumer and small business credit and debit cards Distributed through approximately 3,000 U.S. Bank branches and online and mobile channels Mid-sized agent financial institution (FI) partnerships Leading provider of agent FI issuing in the U.S. Nearly 1,40
Slide 6: Global Merchant Acquiring
Global Merchant Acquiring Direct sales Customers range from small businesses to large, multinational enterprises across North America and Europe Key industry verticals include airline, hospitality and healthcare Financial institution (FI) and independent sales organization (ISO) partnerships Serving
Slide 7: Corporate Payment Systems
Corporate Payment Systems Corporate payables Issues commercial purchasing, virtual and travel & entertainment cards Freight payments Closed-loop invoice, audit and payments network offering supply-chain finance solutions Nearly 40 million transactions processed annually Fleet payments Proprietary, c
Slide 8: A Scale Player Across Payments
A Scale Player Across Payments U.S. credit card issuer ranked by Visa and Mastercard purchase volume5 # 5 U.S. merchant acquirer ranked by Visa and Mastercard volume4 # 5 agent financial institution issuer ranked by average net receivables2 # 1 payments provider to the U.S. Federal Government Card,
Slide 9: Our Strategy
Our Strategy The breadth and depth of our payments capabilities give us a distinct advantage. We are doubling down to maintain that advantage, while investing in opportunities for growth and margin improvement. Driving toward digital Expanding our reach Leveraging One U.S. Bank
Slide 10: Driving Toward Digital
Driving Toward Digital Our robust digital sales and service capabilities: Improve account acquisition to drive growth Increase customer engagement and wallet share Allow customers to self-serve, driving efficiency Give customers greater control, improving satisfaction We continue to invest in digita
Slide 11: Expanding Our Reach
Expanding Our Reach We are extending our market position, selectively expanding our distribution and deepening our product sets through strategic investments, acquisitions and collaborations. Expanding our distribution Expanding our product sets Nearly $3B in card portfolio acquisitions, including:
Slide 12: Leveraging One U.S. Bank
Leveraging One U.S. Bank With deep payments expertise and a broad set of banking products and capabilities, we draw on the collective strength of U.S. Bank to help our customers get more from their spend. T H E N E W L E V E R A G E C A R D More rewards. Fewer rules. Co-created with our customers an
Slide 13: Leveraging One U.S. Bank
Leveraging One U.S. Bank We are moving beyond payments alone, partnering across U.S. Bank to provide our customers a holistic array of working capital, treasury management, accounts receivable and accounts payable solutions. Leveraging our investments in real-time payments to: Expand our global trea
Slide 14: Where It All Comes Together
Where It All Comes Together As we strive to be the payments provider of choice, we are well positioned with a powerful advantage – an interconnected set of businesses working together to deliver exceptional value to our customers. Digital focus Breadth of products and distribution Working across the
Slide 15: Appendix
Appendix
Slide 16: Non-GAAP Financial Measures
Non-GAAP Financial Measures
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