8-KEarnings & ResultsRegulation FDExhibits & Filings

US BANCORP \DE\ 8-K Report, Financial Results (Jan 16, 2025)

Filed January 16, 2025For Securities:USBUSB-PHUSB-PPUSB-PRUSB-PQUSB-PSUSB-PA

Summary

U.S. Bancorp (USB) has filed an 8-K report on January 16, 2025, to announce its financial results for the fourth quarter and full year ended December 31, 2024. The report primarily serves to incorporate by reference the company's press release (Exhibit 99.1) and a supplemental earnings document (Exhibit 99.2) detailing these results. Investors should refer to these attached exhibits for the specific financial performance and operational metrics. The company also announced an investor conference call and webcast scheduled for January 16, 2025, to discuss these results, with presentation materials (Exhibit 99.3) available, which may contain additional forward-looking information. While the 8-K itself does not contain the detailed financial figures, it directs investors to the press release and earnings supplement for a comprehensive overview of U.S. Bancorp's performance during the latest reporting period. These documents are expected to provide insights into key areas such as revenue, net income, earnings per share, and potentially commentary on loan growth, deposit trends, and credit quality, which are crucial for evaluating the bank's operational health and future outlook. Investors are advised to review these exhibits carefully.

Key Highlights

  • 1U.S. Bancorp filed an 8-K on January 16, 2025, reporting on its Q4 2024 financial results.
  • 2Key financial details for Q4 2024 are provided in the incorporated press release (Exhibit 99.1).
  • 3Additional supplementary financial information for Q4 2024 is available in the 4Q24 Earnings Supplement (Exhibit 99.2).
  • 4The company scheduled an investor conference call and webcast for January 16, 2025, to discuss Q4 2024 results.
  • 5Presentation materials for the investor call (Exhibit 99.3) are available and may contain further insights.
  • 6The filing includes forward-looking statements and cautionary notes regarding potential risks and uncertainties.
  • 7Exhibit 99.1 is deemed 'filed' under the Exchange Act, while Exhibits 99.2 and 99.3 are furnished.

Frequently Asked Questions

The actual financial results for the quarter ended December 31, 2024, are detailed in the press release attached as Exhibit 99.1 to this 8-K filing. Additional information can be found in the 4Q24 Earnings Supplement, Exhibit 99.2.

The investor conference call and webcast, scheduled for January 16, 2025, is an opportunity for U.S. Bancorp to discuss its financial results for the fourth quarter of 2024 and potentially provide further commentary on its performance, strategy, and outlook. Presentation materials for this call are also made available.

No, the information in Exhibit 99.2 (4Q24 Earnings Supplement) is being furnished and is not deemed 'filed' for the purposes of Section 18 of the Exchange Act. This means it is not subject to the same liabilities as filed information, though it is still a source of company disclosures.

Investors should look for key metrics such as revenue, net income, earnings per share (EPS), net interest margin, loan and deposit growth, credit quality indicators (like net charge-offs and nonperforming assets), and capital ratios (like CET1 ratio). Commentary on the company's performance drivers and outlook will also be important.