U.S. Bancorp Releases 2017 Dodd-Frank Act Stress Test Results
June 22 2017 - 4:46PM
Business Wire
U.S. Bancorp (NYSE: USB) (“the Company”) today disclosed the
results of its company-run Dodd-Frank Act Stress Test (“DFAST”)
conducted in accordance with the Dodd-Frank Wall Street Reform and
Consumer Protection Act.
The DFAST results, along with a summary of the Company’s risks
and methodologies used to calculate the results, are available on
the Company’s website at www.usbank.com under About Us, Investor
Relations, Financial Information/SEC Filings, Dodd-Frank Act Stress
Test Results. DFAST results for U.S. Bancorp’s primary banking
subsidiary, U.S. Bank National Association, are also available on
the Company’s website.
The Company’s DFAST results may differ from those calculated and
published by the Federal Reserve due to differences in models,
methodologies and assumptions, among other things.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $450 billion in
assets as of March 31, 2017, is the parent company of U.S. Bank
National Association, the fifth largest commercial bank in the
United States. The Company operates 3,091 banking offices in 25
states and 4,838 ATMs, and provides a comprehensive line of
banking, investment, mortgage, trust and payment services products
to consumers, businesses and institutions. Visit U.S. Bancorp on
the web at www.usbank.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170622006200/en/
U.S. Bank Investor RelationsJennifer Thompson,
612-303-0778jen.thompson@usbank.comorU.S. Bank Corporate
CommunicationsDana Ripley,
612-303-3167dana.ripley@usbank.comTwitter @usbank_news
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