8-KEarnings & ResultsExhibits & Filings

US BANCORP \DE\ 8-K Report, Financial Results (Jul 15, 2016)

Filed July 15, 2016For Securities:USBUSB-PHUSB-PPUSB-PRUSB-PQUSB-PSUSB-PA

Summary

U.S. Bancorp (USB) filed an 8-K on July 15, 2016, to report its financial results for the quarter ended June 30, 2016. The filing includes a press release detailing the company's performance and an accompanying earnings conference call presentation. These documents contain both historical financial data and forward-looking statements, with cautionary notes regarding factors that could influence future results. Investors should note that the press release is considered "filed" under SEC regulations, meaning it is subject to liability for misstatements. The conference call presentation, however, is "furnished," which generally carries less regulatory weight. The key takeaway for investors is that U.S. Bancorp has provided updated financial information and outlook for the second quarter of 2016, and they should review the provided exhibits for detailed performance metrics and management's perspective on future business conditions.

Key Highlights

  • 1U.S. Bancorp filed an 8-K on July 15, 2016, to announce its Q2 2016 financial results.
  • 2The filing incorporates by reference a press release (Exhibit 99.1) detailing Q2 2016 performance.
  • 3An earnings conference call presentation (Exhibit 99.2) with additional information is also included.
  • 4Both the press release and presentation contain forward-looking statements regarding the company's future prospects.
  • 5Important cautionary statements are included, highlighting factors that could affect actual results.
  • 6The press release is 'filed' with the SEC, while the presentation is 'furnished'.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce and provide details on U.S. Bancorp's financial results for the second quarter of 2016, which ended on June 30, 2016.

Investors can find detailed financial performance data for Q2 2016 in the press release (Exhibit 99.1). The earnings conference call presentation (Exhibit 99.2) offers additional context, potentially including management's commentary, operational updates, and forward-looking guidance.

When a document is 'filed' with the SEC, like the press release, it is subject to stricter liability provisions under the Securities Exchange Act of 1934, meaning it must be accurate and complete. Information that is 'furnished,' such as the conference call presentation, generally does not carry the same level of liability for misstatements or omissions.

The specific financial results, including revenue, net income, earnings per share, and other key performance indicators for Q2 2016, are detailed in the press release (Exhibit 99.1) which is incorporated by reference into this 8-K filing.