MINNEAPOLIS--(BUSINESS WIRE)--Jun. 22, 2017--
U.S. Bancorp (NYSE: USB) (“the Company”) today disclosed the results of
its company-run Dodd-Frank Act Stress Test (“DFAST”) conducted in
accordance with the Dodd-Frank Wall Street Reform and Consumer
Protection Act.
The DFAST results, along with a summary of the Company’s risks and
methodologies used to calculate the results, are available on the
Company’s website at www.usbank.com
under About Us, Investor Relations, Financial Information/SEC Filings, Dodd-Frank
Act Stress Test Results. DFAST results for U.S. Bancorp’s primary
banking subsidiary, U.S. Bank National Association, are also available
on the Company’s website.
The Company’s DFAST results may differ from those calculated and
published by the Federal Reserve due to differences in models,
methodologies and assumptions, among other things.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $450 billion in assets
as of March 31, 2017, is the parent company of U.S. Bank National
Association, the fifth largest commercial bank in the United States. The
Company operates 3,091 banking offices in 25 states and 4,838 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170622006200/en/
Source: U.S. Bancorp
U.S. Bank Investor Relations
Jennifer Thompson, 612-303-0778
jen.thompson@usbank.com
or
U.S.
Bank Corporate Communications
Dana Ripley, 612-303-3167
dana.ripley@usbank.com
Twitter
@usbank_news