MINNEAPOLIS--(BUSINESS WIRE)--Feb. 16, 2017--
Fortune magazine named U.S. Bancorp the world’s most admired
superregional bank today, the seventh consecutive year that it has
topped the list.
In addition, U.S. Bancorp ranked in the top 10 among companies across
all industries in four of Fortune’s nine key attributes of reputation:
Quality of Management (No. 3), Long-Term Investment Value (No. 2), Use
of Corporate Assets (No. 2) and Financial Soundness (No. 6).
“We’re honored and humbled by this recognition and to be alongside
companies known across the globe for doing the right thing, looking to
the future and making the world a better place,” said Richard Davis,
chairman and CEO of U.S. Bancorp. “The credit goes to our employees and
the culture of integrity they bring to work every single day.”
Among superregional banks, U.S. Bancorp ranked No. 1 in eight of
Fortune’s nine key attributes of reputation: Quality of Management,
Social Responsibility, Innovation, Quality of Products/Services, People
Management, Use of Corporate Assets, Financial Soundness and Long-Term
Investment Value.
“Today, I’m especially proud of our employees,” said Andy Cecere,
president and chief operating officer of U.S. Bancorp. “Our recognition
from Fortune as one of the world’s most admired companies is the result
of their hard work and commitment to being the most trusted choice for
our customers, our shareholders and our communities.”
Fortune’s World’s
Most Admired Companies are determined by a survey of executives,
directors and analysts rating companies in their industry on a series of
criteria.
About U.S. Bancorp
Minneapolis-based U.S. Bancorp (NYSE:
USB), with $446 billion in assets as of December 31, 2016, is the parent
company of U.S. Bank National Association, the fifth largest commercial
bank in the United States. The Company operates 3,106 banking offices in
25 states and 4,842 ATMs and provides a comprehensive line of banking,
investment, mortgage, trust and payment services products to consumers,
businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.
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Source: U.S. Bancorp
U.S. Bank Corporate Communications
Rebekah Fawcett, 612-303-9986
rebekah.fawcett@usbank.com