U.s. Bancorp · NYSE:USB
U.s. Bancorp — Credit Suisse Financial Services Forum 2018
16 slides from U.s. Bancorp's conference presentation, Feb 13, 2018
Slide 1: Credit Suisse Financial Services Forum 2018
Credit Suisse Financial Services Forum 2018 February 13, 2018 Gunjan Kedia Vice Chairman, Wealth Management & Investment Services Mark Jordahl President, Wealth Management 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: U.S. Bancorp Overview
U.S. Bancorp Overview As of 12/31/17, except market value as of 2/9/18 NYSE TradedUSB Founded 1863 Market Value $89B Assets $462B Deposits $347B Loans $280B
Slide 4: Our Position in the Industry
Our Position in the Industry Source: Company reports and Bloomberg Assets and deposits as of 12/31/17, market value as of 2/9/18 Assets Market Value Deposits
Slide 5: Our Key Priorities
Our Key Priorities 1) One U.S. Bank initiative: putting the customer in the center 2) Leveraging technology and innovation to drive growth and efficiency 3) A relentless focus on optimization one U.S. Bank
Slide 6: Our Businesses
Our Businesses Payment Services 30% Wealth Management & Investment Services 13% Corporate & Commercial Banking 17% Consumer & Business Banking 40% Consumer & Business Banking: Branch banking, small business banking, consumer lending, mortgage banking and omnichannel delivery Payment Services: Retail
Slide 7: Wealth Management & Investment Services
Wealth Management & Investment Services $ in millions unless otherwise noted; Revenue breakdown FY 2017 taxable-equivalent basis * USBAM = U.S. Bancorp Asset Management 2017 Net interest income $763 Noninterest income $1,646 Total revenue $2,409 Noninterest expense $1,628 Net income $498 Fee income
Slide 8: Wealth Management: Who We Are
Wealth Management: Who We Are How we deliver: What we do: Financial planning Private banking Investment management Trust and estate services Automated investing Brokerage Home mortgage Business lending Philanthropic giving Business advisory services Insurance solutions Credit card solutions Mass Aff
Slide 9: A Very Successful Business
A Very Successful Business We have a track record of consistent growth, and we are recognized for our service quality and reputation. Total net revenue 6% CAGR Pretax income 11% CAGR Best in Private Banking Client Service (Ascent) Private Asset Management, 2018 Top 4 Wealth Management Firms J.D. Pow
Slide 10: Putting Our Key Priorities to Work
Putting Our Key Priorities to Work Collectively position us to drive revenue growth and returns one U.S. Bank Technology and innovation Optimization
Slide 11: 1) Delivering One U.S. Bank
1) Delivering One U.S. Bank Build on our trusted reputation and recognition as a World’s Most Ethical Company™ Generate opportunities through introduction strategies Harness product capabilities across the bank Leverage our strong credit culture to serve our clients on both sides of the balance shee
Slide 12: 2) Leveraging Technology and Innovation
2) Leveraging Technology and Innovation Develop new and enhanced client capabilities Enable our people to drive increased efficiency and productivity Adopt new technologies against a clear vision to ensure discipline and purpose How we execute: A client story: Digital solutions such as automated por
Slide 13: 3) Optimization of Our Model
3) Optimization of Our Model Offer our clients a distinctive value proposition Define our “sweet spot” and then double down on our efforts Win with our story and our brand How we execute: A client story: In our Ascent family offices, it’s about more than just money. We deliver custom service to our
Slide 14: Bringing It All Together
Bringing It All Together Technology & innovation Optimization Increased revenue Greater efficiency Higher profits Higher returns We are well-positioned in an attractive industry, and we are committed to a strategy that will deliver improving returns. One U.S. Bank
Slide 15: Appendix
endix p p A qj
Slide 16: Non-GAAP Financial Measures
Non-GAAP Financial Measures
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