8-KEarnings & ResultsExhibits & Filings

US BANCORP \DE\ 8-K Report, Financial Results (Apr 15, 2021)

Filed April 15, 2021For Securities:USBUSB-PHUSB-PPUSB-PRUSB-PQUSB-PSUSB-PA

Summary

U.S. Bancorp (USB) filed an 8-K on April 15, 2021, to report its financial results for the quarter ended March 31, 2021. The filing includes a press release providing key financial metrics and an earnings conference call presentation with additional details and forward-looking information. Investors should note that the press release is considered 'filed' with the SEC, meaning it is subject to liability under the Securities Exchange Act of 1934, while the conference call presentation is 'furnished,' which has fewer regulatory implications. The primary focus for investors in this filing is to review the company's first-quarter 2021 performance, including revenue, net income, earnings per share, and any updated outlook or guidance provided by management. The accompanying materials will offer insights into the company's operational performance, credit quality, and strategic initiatives during the period.

Key Highlights

  • 1U.S. Bancorp reported its Q1 2021 financial results on April 15, 2021, via an 8-K filing.
  • 2The filing incorporates by reference a press release (Exhibit 99.1) containing the company's Q1 2021 results.
  • 3An earnings conference call presentation (Exhibit 99.2) with additional financial and forward-looking information is also included.
  • 4The press release is considered 'filed' with the SEC, implying greater regulatory scrutiny.
  • 5The earnings conference call presentation is 'furnished,' with less stringent regulatory implications.
  • 6Investors should review the press release and presentation for key performance indicators and management commentary on Q1 2021.

Frequently Asked Questions

The 8-K filing itself does not contain the specific financial figures but refers investors to the press release (Exhibit 99.1) and the earnings conference call presentation (Exhibit 99.2) for detailed results of operations and financial condition for the quarter ended March 31, 2021.

Information that is 'filed' with the SEC, such as the press release in this instance, is subject to the reporting requirements and liability provisions of the Securities Exchange Act of 1934. Information that is 'furnished,' like the earnings conference call presentation, is provided for informational purposes but does not carry the same level of legal liability.

Detailed Q1 2021 performance information can be found in the press release (Exhibit 99.1) and the earnings conference call presentation (Exhibit 99.2) attached to the 8-K filing dated April 15, 2021.

The filing indicates that the earnings conference call presentation (Exhibit 99.2) may contain forward-looking information. Investors should consult this presentation for any updated guidance or outlook provided by U.S. Bancorp's management.