Summary
US Bancorp (USB) reported its financial results for the quarter ended September 29, 2011. The company's filings indicate a focus on capital management, with information regarding share repurchases available within the Management's Discussion and Analysis section. Investors should note that the company refers back to its 2010 Form 10-K for a comprehensive discussion of risk factors, suggesting no material new risks have emerged or are being highlighted in this quarterly report. While this 10-Q filing is relatively brief and directs readers to other filings for detailed discussions on risks and capital management, the inclusion of the 'Computation of Ratio of Earnings to Fixed Charges' as an exhibit is a standard financial disclosure. Investors seeking a deeper understanding of the company's performance and risk profile should consult the referenced 2010 10-K and the detailed sections of Part I of this 10-Q, particularly the Management's Discussion and Analysis.
Financial Highlights
37 data points| Interest Expense | $634.00M |
| Net Income | $1.27B |
| EPS (Basic) | $0.65 |
| EPS (Diluted) | $0.64 |
| Shares Outstanding (Basic) | 1.92B |
| Shares Outstanding (Diluted) | 1.92B |
Key Highlights
- 1The filing covers the quarterly period ending September 29, 2011.
- 2US Bancorp directs investors to its 2010 10-K for a discussion of risk factors.
- 3Information on share repurchases during the third quarter of 2011 is referenced within the 'Capital Management' section of Part I.
- 4The filing includes the 'Computation of Ratio of Earnings to Fixed Charges' as an exhibit.
- 5No new or significant risk factors appear to be detailed within this specific 10-Q filing.