8-KEarnings & ResultsExhibits & Filings

US BANCORP \DE\ 8-K Report, Financial Results (Oct 20, 2010)

Filed October 20, 2010For Securities:USBUSB-PHUSB-PPUSB-PRUSB-PQUSB-PSUSB-PA

Summary

This 8-K filing from U.S. Bancorp, dated October 20, 2010, primarily serves to furnish the company's earnings press release and conference call presentation for the quarter ended September 30, 2010. Investors should note that the information provided is considered 'furnished' rather than 'filed,' meaning it's not subject to the same level of liability as officially filed documents. The core of this report lies in the attached exhibits (99.1 and 99.2), which detail the company's financial performance and outlook for the third quarter of 2010. These documents contain forward-looking statements that highlight potential risks and factors which could impact future results, offering crucial insights into management's expectations and the prevailing economic environment. While the 8-K itself doesn't contain the detailed financial figures, it directs investors to the press release and presentation for this information. These materials would typically cover key performance indicators such as net income, earnings per share, revenue streams, loan growth, deposit trends, and credit quality metrics. Given the filing date of October 2010, these results would be viewed within the context of the ongoing economic recovery following the 2008 financial crisis, making the assessment of loan loss provisions, capital adequacy, and overall business resilience particularly important for stakeholders.

Key Highlights

  • 1U.S. Bancorp filed an 8-K on October 20, 2010, to report its Q3 2010 financial results.
  • 2The filing includes a press release (Exhibit 99.1) and an earnings conference call presentation (Exhibit 99.2) for the quarter ended September 30, 2010.
  • 3Both the press release and presentation contain forward-looking statements that identify factors potentially affecting future financial performance.
  • 4Information furnished in this report is considered 'furnished' under the Securities Exchange Act of 1934.
  • 5The report directs investors to the attached exhibits for detailed financial performance information and management commentary for Q3 2010.
  • 6The filing was signed by Craig E. Gifford, Executive Vice President and Controller.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally announce and provide access to U.S. Bancorp's earnings results and related commentary for the third quarter ended September 30, 2010, through an attached press release and conference call presentation.

No, the information provided in the press release and conference call presentation is considered 'furnished' under the Securities Exchange Act of 1934, not 'filed.' This generally means it's not subject to the same rigorous liability provisions as officially filed documents.

The detailed financial results and performance analysis for the third quarter ended September 30, 2010, are contained within Exhibit 99.1 (Press Release) and Exhibit 99.2 (3Q10 Earnings Conference Call Presentation) attached to this 8-K filing.

You should expect to find key financial metrics for the quarter, such as revenue, net income, earnings per share, information on loan and deposit growth, credit quality indicators, and management's commentary on business performance and outlook. These documents also include important cautionary statements about forward-looking information.