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US BANCORP

(USB)
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US Bancorp : U.S. Bank names Luke Wippler Corporate Treasurer

05/12/2021 | 02:31pm EDT

U.S. Bancorp announced today that Luke Wippler has been named corporate treasurer, effective May 17, 2021. Wippler succeeds John Stern, who was appointed president of the company’s Global Corporate Trust and Custody (GCTC) business last month. Stern served as executive vice president and corporate treasurer since 2013.

Wippler, 39, is currently senior vice president and treasury risk executive and has been in corporate finance since joining U.S. Bank in 2002.

“Luke has been a valuable member of the Treasury team for 10 years,” said Terry Dolan, vice chair and chief financial officer. “His knowledge, experience and leadership skills make him an excellent choice for the position of corporate treasurer, and I look forward to partnering with him over the coming years.”

Wippler holds a bachelor’s from the University of St. Thomas and MBA from the University of Minnesota, Carlson School of Management. He sits on the board of trustees for the Airplane Owners Pilot Association and is an active volunteer in his community.

U.S. Bancorp, with nearly 70,000 employees and $553 billion in assets as of March 31, 2021, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with digital tools that allow customers to bank when, where and how they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial, corporate, and investment customers across the country and around the world as a trusted and responsible financial partner. This commitment continues to earn a spot on the Ethisphere Institute’s World’s Most Ethical Companies list and puts U.S. Bank in the top 5% of global companies assessed on the CDP A List for climate change action. Visit usbank.com for more.


© Business Wire 2021
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Financials (USD)
Sales 2021 22 482 M - -
Net income 2021 6 805 M - -
Net Debt 2021 - - -
P/E ratio 2021 12,7x
Yield 2021 2,87%
Capitalization 88 100 M 88 100 M -
Capi. / Sales 2021 3,92x
Capi. / Sales 2022 3,77x
Nbr of Employees 68 108
Free-Float 70,2%
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Technical analysis trends US BANCORP
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 62,19 $
Last Close Price 59,14 $
Spread / Highest target 16,7%
Spread / Average Target 5,16%
Spread / Lowest Target -8,69%
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Managers and Directors
NameTitle
Andrew J. Cecere Chairman, President & Chief Executive Officer
Terrance R. Dolan Chief Financial Officer & Vice Chairman
Jeffry H. von Gillern Vice Chairman-Technology & Operations Services
Katheriner B. Quinn Vice Chairman & Chief Administrative Officer
Olivia Faulkner Kirtley Lead Independent Director
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