Minneapolis, Minnesota-based U.S. Bancorp (USB) is a financial services holding company that provides a range of financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. The company has a market cap of $84.8 billion and operates through Wealth, Corporate, Commercial and Institutional Banking, Consumer and Business Banking, Payment Services and Treasury and Corporate Support segments.
Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” USB fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the regional banks industry.