The bank was named most admired superregional bank for eighth
consecutive year
Its management quality and use of assets named most admired among
all companies
MINNEAPOLIS--(BUSINESS WIRE)--Jan. 19, 2018--
Fortune magazine today named U.S. Bank a World’s Most Admired Company,
recognizing several of U.S. Bank’s attributes as most admired among all
companies and naming it the world’s most admired superregional bank for
the eighth consecutive year.
Across the 680 companies across all industries, Fortune ranked U.S. Bank
as No. 1 in both Management Quality and Use of Corporate Assets, as well
as No. 2 in Value as a Long-Term Investment, No. 5 in People Management
and No. 6 in both Financial Soundness and Social Responsibility.
“It’s an honor to be recognized among companies that are anticipating
and shaping the future,” said Andy Cecere, president and chief executive
officer of U.S. Bancorp. “With the world around us changing faster than
at any time in human history, positioning our company for growth
tomorrow means creating the future today. I’m proud to work with our
73,000 U.S. Bankers up to take on this challenge with enthusiasm and
integrity.”
Fortune also named U.S. Bank the most admired superregional bank for the
eighth consecutive year. Among superregional banks, the bank 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. Overall, U.S. Bank’s
reputation within its industry is the fifth-highest of any company in
any industry on the World’s Most Admired Companies list.
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. Visit Fortune
to learn more about methodology.
About U.S. Bank
U.S. Bancorp, with 73,000 employees and $462 billion in assets as of
December 31, 2017, is the parent company of U.S. Bank, the fifth-largest
bank in the United States. The Minneapolis-based bank blends its branch
and ATM network with mobile and online tools that allow customers to
bank how, when and where they prefer. U.S. Bank is committed to serving
its millions of retail, small business, wealth management, payment,
wholesale and securities services customers across the country and
around the world as a trusted financial partner, a commitment recognized
by the Ethisphere Institute naming the bank a 2017
World’s Most Ethical Company. Visit U.S. Bankonline
or follow on social
media to stay up to date with company news.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180119005740/en/
Source: U.S. Bank
Rebekah Fawcett, U.S. Bank Public Affairs & Communications
612-303-9986,
rebekah.fawcett@usbank.com