U.S. Bancorp Management

Management criteria checks 2/4

U.S. Bancorp's CEO is Gunjan Kedia, appointed in May 2024, has a tenure of 1.08 years. total yearly compensation is $10.14M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth $14.82M. The average tenure of the management team and the board of directors is 3.6 years and 7 years respectively.

Key information

Gunjan Kedia

Chief executive officer

US$10.1m

Total compensation

CEO salary percentage	9.18%
CEO tenure	1.1yrs
CEO ownership	0.02%
Management average tenure	3.6yrs
Board average tenure	7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gunjan Kedia's remuneration changed compared to U.S. Bancorp's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2025	n/a	n/a	US$6b
Dec 31 2024	US$10m	US$931k	US$6b
Sep 30 2024	n/a	n/a	US$5b
Jun 30 2024	n/a	n/a	US$5b
Mar 31 2024	n/a	n/a	US$5b
Dec 31 2023	US$6m	US$725k	US$5b
Sep 30 2023	n/a	n/a	US$5b
Jun 30 2023	n/a	n/a	US$5b
Mar 31 2023	n/a	n/a	US$6b
Dec 31 2022	US$6m	US$700k	US$6b
Sep 30 2022	n/a	n/a	US$6b
Jun 30 2022	n/a	n/a	US$6b
Mar 31 2022	n/a	n/a	US$7b
Dec 31 2021	US$5m	US$655k	US$8b
Sep 30 2021	n/a	n/a	US$7b
Jun 30 2021	n/a	n/a	US$7b
Mar 31 2021	n/a	n/a	US$6b
Dec 31 2020	US$4m	US$655k	US$5b
Sep 30 2020	n/a	n/a	US$5b
Jun 30 2020	n/a	n/a	US$5b
Mar 31 2020	n/a	n/a	US$6b
Dec 31 2019	US$4m	US$575k	US$7b
Sep 30 2019	n/a	n/a	US$7b
Jun 30 2019	n/a	n/a	US$7b
Mar 31 2019	n/a	n/a	US$7b
Dec 31 2018	US$3m	US$550k	US$7b

Compensation vs Market: Gunjan's total compensation ($USD10.14M) is above average for companies of similar size in the UK market ($USD6.71M).

Compensation vs Earnings: Gunjan's compensation has increased by more than 20% in the past year.

CEO

Gunjan Kedia (54 yo)

1.1yrs

Tenure

US$10,137,855

Compensation

Ms. Gunjan Kedia serves as Vice Chair of U. S. Bank Trust National Association and serves as its President since May 3, 2024. Ms. Kedia has been President at U.S. Bancorp since May 3, 2024 and serves as it...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gunjan Kedia	President	1.1yrs	US$10.14m	0.021% $ 14.8m
Andrew Cecere	Executive Chairman	less than a year	US$19.34m	0.088% $ 62.9m
John Stern	Vice Chair & Chief Financial Officer	1.8yrs	US$4.92m	0.0057% $ 4.1m
Shailesh Kotwal	Advisor	10.3yrs	US$7.26m	0.0044% $ 3.1m
Souheil Badran	Senior EVP & COO	2.5yrs	no data	0.0031% $ 2.2m
Jennifer Thompson	EVP, Head of Corporate Finance and Director of Investor Relations & Economic Analysis	no data	no data	no data
Dilip Venkatachari	Senior EVP and Chief Information & Technology Officer	6.8yrs	no data	0.0049% $ 3.5m
Adam Graves	Senior EVP and Head of Enterprise Strategy & Administration	less than a year	no data	no data
James Chosy	Senior EVP & General Counsel	12.3yrs	no data	0.015% $ 10.5m
David Palombi	Executive VP & Chief Communications Officer	no data	no data	no data
Elcio R. Barcelos	Senior EVP & Chief Human Resources Officer	4.8yrs	no data	0.0037% $ 2.6m
Erica Opstad	Senior Vice President	20.3yrs	no data	no data

3.6yrs

Average Tenure

57yo

Average Age

Experienced Management: 0LHY's management team is considered experienced (3.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrew Cecere	Executive Chairman	8.4yrs	US$19.34m	0.088% $ 62.9m
Jeffrey Jones	Member of the Advisory Board & President of Corporate Payment Systems for U.S. Bank	no data	no data	no data
John Wiehoff	Independent Director	5.4yrs	US$337.51k	0% $ 0
Warner Baxter	Independent Director	9.5yrs	US$334.51k	0% $ 0
Roland Hernandez	Lead Independent Director	13.4yrs	US$344.01k	0% $ 0
Dorothy Bridges	Independent Director	6.7yrs	US$338.01k	0% $ 0
Richard McKenney	Independent Director	7.7yrs	US$328.51k	0.0013% $ 912.6k
Elizabeth Buse	Independent Director	7yrs	US$332.51k	0% $ 0
Yusuf Mehdi	Independent Director	7yrs	US$339.01k	0% $ 0
Scott Wine	Independent Director	10.9yrs	US$319.51k	0.0020% $ 1.4m
Kimberly Ellison-Taylor	Independent Director	4.4yrs	US$308.01k	0% $ 0
Loretta Reynolds	Independent Director	2.7yrs	US$318.51k	0% $ 0

7.0yrs

Average Tenure

63yo

Average Age

Experienced Board: 0LHY's board of directors are considered experienced (7 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/06/30 13:58
End of Day Share Price	2025/06/27 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

U.S. Bancorp is covered by 58 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Stephen Biggar	Argus Research Company
Christopher Wheeler	Atlantic Equities LLP
David George	Baird

U.S. Bancorp Management

Management criteria checks 2/4

Key information

Recent management updates

U.S. Bancorp Promotes Adam Graves as Senior Executive Vice President and Head of Enterprise Strategy and Administration

Insider recently sold US$1.4m worth of stock

U.S. Bancorp Appoints Felicia La Forgia and Sekou Kaalund as Managing Committee

U.S. Bancorp and U.S. Bank National Association Announce CEO Changes, Effective April 15, 2025

U.S. Bancorp, Annual General Meeting, Apr 15, 2025

U.S. Bank Hires Tarek El-Yafi as Head of U.S. Bank Global Transaction Services

Recent updates

First quarter dividend of US$0.50 announced

U.S. Bancorp Declares Regular Quarterly Dividend, Payable on July 15, 2025

U.S. Bank Expands Embedded Payments Suite to Power Efficient, Secure Transactions

U.S. Bancorp Promotes Adam Graves as Senior Executive Vice President and Head of Enterprise Strategy and Administration

U.S. Bancorp Reports Net Charge-Offs Results for the First Quarter Ended March 31, 2025

First quarter 2025 earnings released: EPS: US$1.03 (vs US$0.78 in 1Q 2024)

U.S. Bank Introduces All-In-One Business Checking Plus Payments Acceptance to Help Business Owners Save Time and Money

U.S. Bank Introduces Spend Management for Business Owners

Investor sentiment deteriorates as stock falls 16%

U.S. Bancorp to Report Q1, 2025 Results on Apr 16, 2025

U.S. Bank Announces A New Consumer Credit Card

Fourth quarter dividend of US$0.50 announced

U.S. Bancorp Announces Quarterly Dividend on Common Share, Payable April 15, 2025

Full year 2024 earnings released: EPS: US$3.79 (vs US$3.27 in FY 2023)

Insider recently sold US$1.4m worth of stock

U.S. Bancorp Appoints Felicia La Forgia and Sekou Kaalund as Managing Committee

U.S. Bancorp and U.S. Bank National Association Announce CEO Changes, Effective April 15, 2025

U.S. Bancorp, Annual General Meeting, Apr 15, 2025

U.S. Bank Hires Tarek El-Yafi as Head of U.S. Bank Global Transaction Services

U.S. Bancorp Announces Executive Appointments

U.S. Bancorp to Report Q4, 2024 Results on Jan 16, 2025

U.S. Bancorp Announces Regular Quarterly Dividend, Payable on January 15, 2025

U.S. Bancorp Appoints Kristy Carstensen as Head of U.S. Bank Global Treasury Management

U.S. Bancorp Announces Management Changes

U.S. Bancorp Announces Structural Changes for Payments Business

Vice Chairman of Payment Services recently sold US$1.7m worth of stock

Third quarter 2024 earnings released: EPS: US$1.10 (vs US$0.91 in 3Q 2023)

U.S. Bancorp to Report Q3, 2024 Results on Oct 16, 2024

Second quarter dividend of US$0.50 announced

U.S. Bancorp (NYSE:USB) announces an Equity Buyback for $5,000 million worth of its shares.

U.S. Bank Unveils Two New U.S. Bank Smartly Products

Second quarter 2024 earnings released: EPS: US$0.97 (vs US$0.84 in 2Q 2023)

Aleem Gillani Joins U.S. Bancorp Board of Directors

U.S. Bancorp Plans to Increase Quarterly Common Stock Dividend for the Fourth Quarter of 2024

U.S. Bancorp Announces Executive Changes

U.S. Bancorp to Report Q2, 2024 Results on Jul 17, 2024

First quarter dividend of US$0.49 announced

U.S. Bancorp Announces Quarterly Dividend, Payable on July 15, 2024

U.S. Bancorp Announces New Leaders for its WCIB business

U.S. Bancorp Appoints Gunjan Kedia as President

First quarter 2024 earnings released: EPS: US$0.78 (vs US$1.04 in 1Q 2023)

First quarter 2024 earnings released: EPS: US$0.85 (vs US$1.04 in 1Q 2023)

U.S. Bancorp to Report Q1, 2024 Results on Apr 17, 2024

Upcoming dividend of US$0.49 per share

Fourth quarter dividend of US$0.49 announced

U.S. Bancorp Declares Regular Quarterly Dividend, Payable on April 15, 2024

U.S. Bancorp Appoints Bill Mulvihill as Head for Loan Capital Markets

U.S. Bancorp, Annual General Meeting, Apr 16, 2024

Full year 2023 earnings released: EPS: US$3.27 (vs US$3.69 in FY 2022)

Full year 2023 earnings released: EPS: US$3.52 (vs US$3.69 in FY 2022)

Upcoming dividend of US$0.49 per share at 4.6% yield

Key Executive recently sold US$1.0m worth of stock

U.S. Bancorp Declares Regular Quarterly Dividend, Payable on January 16, 2024

Third quarter 2023 earnings released: EPS: US$0.91 (vs US$1.16 in 3Q 2022)

U.S. Bancorp Provides Earnings Guidance for the Fourth Quarter 2023

U.S. Bank Names Ariel Meyerstein as Head of ESG Program Office

U.S. Bancorp to Report Q3, 2023 Results on Oct 18, 2023

U.S. Bank Appoints Kai Sakstrup as Chief Product Officer for Its Wealth, Corporate, Commercial and Institutional Banking Division, Effective October 1, 2023

U.S. Bancorp Appoints Joe Persichetti as Head of Healthcare Business Banking

U.S. Bancorp Announces Quarterly Dividend, Payable on October 16, 2023

U.S. Bancorp Appoints Shruti Patel as Chief Product Officer

U.S. Bancorp Announces Chief Financial Officer Changes, Effective September 1, 2023

U.S. Bancorp announced that it expects to receive $936 million in funding from Mitsubishi UFJ Financial Group, Inc.

U.S. Bancorp Announces Total Net Charge-Offs for the Quarter Ended June 30, 2023

U.S. Bancorp Names Evamarie Schoenborn as CEO of Wealth Management Units

U.S. Bancorp to Report Q2, 2023 Results on Jul 19, 2023

CEO Compensation Analysis

CEO

Leadership Team