Summary
US Bancorp's (USB) first quarter 2013 10-Q filing provides limited new information beyond what was detailed in their previous filings. The report primarily refers back to their 2012 10-K for comprehensive risk factors and legal proceedings, suggesting no significant new material risks or ongoing litigation have emerged that would materially alter the company's risk profile or financial standing as of March 30, 2013. Investors should review the referenced sections for a thorough understanding of these established risk factors and legal matters.
Financial Highlights
36 data pointsBeta
Financial Statements
Beta
| Revenue | $4.87B |
| Interest Expense | $458.00M |
| Net Income | $1.43B |
| EPS (Basic) | $0.73 |
| EPS (Diluted) | $0.73 |
| Shares Outstanding (Basic) | 1.86B |
| Shares Outstanding (Diluted) | 1.87B |
Key Highlights
- 1The filing largely cross-references previous reports (2012 10-K and the first quarter 2013 10-Q Part I) for details on legal proceedings and risk factors, indicating no significant new material developments in these areas.
- 2Information on share repurchases during the first quarter of 2013 is available in the "Capital Management" section of the Management's Discussion and Analysis (MD&A) in Part I.
- 3The report includes an exhibit for the Restated Certificate of Incorporation, as amended.
- 4Another exhibit details the Computation of Ratio of Earnings to Fixed Charges, a key metric for assessing debt servicing ability.
- 5No new major financial performance metrics or significant changes in business operations are detailed within the provided sections of this 10-Q.