Summary
US Bancorp (USB) filed its third-quarter 2013 10-Q report on October 31, 2013, providing an update for the period ending September 29, 2013. The report indicates that the company is referencing its previous filings (Form 10-K for 2012 and Part I of its current 10-Q) for detailed information regarding legal proceedings, risk factors, and share repurchase programs. Investors should note that specific details on these crucial aspects are not elaborated upon within this particular filing, but are instead incorporated by reference.
Financial Highlights
35 data pointsBeta
Financial Statements
Beta
| Revenue | $4.89B |
| Interest Expense | $410.00M |
| Net Income | $1.47B |
| EPS (Basic) | $0.76 |
| EPS (Diluted) | $0.76 |
| Shares Outstanding (Basic) | 1.83B |
| Shares Outstanding (Diluted) | 1.84B |
Key Highlights
- 1The filing incorporates by reference detailed information on legal proceedings from Note 14 in the Consolidated Financial Statements (Part I, Item 1).
- 2Risk factors are discussed in detail in the company's Annual Report on Form 10-K for the year ended December 31, 2012.
- 3Information regarding the repurchase of equity securities during the third quarter of 2013 can be found in the 'Capital Management' section of Management's Discussion and Analysis (Part I).
- 4The report includes Exhibit 12, which is the computation of the company's Ratio of Earnings to Fixed Charges.
- 5No new significant legal proceedings or risk factors are detailed within this specific 10-Q filing; reliance is placed on prior disclosures.
- 6The company is actively managing its capital, as indicated by the discussion of share repurchases.