Fortune Recognizes U.S. Bank as a 2018 World’s Most Admired Company
January 19 2018 - 3:33PM
Business Wire
The bank was named most admired
superregional bank for eighth consecutive year
Its management quality and use of assets
named most admired among all companies
Fortune magazine today named U.S. Bank a World’s Most Admired
Company, recognizing several of U.S. Bank’s attributes as most
admired among all companies and naming it the world’s most admired
superregional bank for the eighth consecutive year.
Across the 680 companies across all industries, Fortune ranked
U.S. Bank as No. 1 in both Management Quality and Use of Corporate
Assets, as well as No. 2 in Value as a Long-Term Investment, No. 5
in People Management and No. 6 in both Financial Soundness and
Social Responsibility.
“It’s an honor to be recognized among companies that are
anticipating and shaping the future,” said Andy Cecere, president
and chief executive officer of U.S. Bancorp. “With the world around
us changing faster than at any time in human history, positioning
our company for growth tomorrow means creating the future today.
I’m proud to work with our 73,000 U.S. Bankers up to take on this
challenge with enthusiasm and integrity.”
Fortune also named U.S. Bank the most admired superregional bank
for the eighth consecutive year. Among superregional banks, the
bank ranked No. 1 in eight of Fortune’s nine key attributes of
reputation: Quality of Management, Social Responsibility,
Innovation, Quality of Products/Services, People Management, Use of
Corporate Assets, Financial Soundness and Long-Term Investment
Value. Overall, U.S. Bank’s reputation within its industry is the
fifth-highest of any company in any industry on the World’s Most
Admired Companies list.
Fortune’s World’s Most Admired Companies are determined by a
survey of executives, directors and analysts rating companies in
their industry on a series of criteria. Visit Fortune to learn more
about methodology.
About U.S. Bank
U.S. Bancorp, with 73,000 employees and $462 billion in assets
as of December 31, 2017, is the parent company of U.S. Bank, the
fifth-largest bank in the United States. The Minneapolis-based bank
blends its branch and ATM network with mobile and online tools that
allow customers to bank how, when and where they prefer. U.S. Bank
is committed to serving its millions of retail, small business,
wealth management, payment, wholesale and securities services
customers across the country and around the world as a trusted
financial partner, a commitment recognized by the Ethisphere
Institute naming the bank a 2017 World’s Most Ethical Company.
Visit U.S. Bank online or follow on social media to stay up to date
with company news.
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version on businesswire.com: http://www.businesswire.com/news/home/20180119005740/en/
Rebekah Fawcett, U.S. Bank Public Affairs &
Communications612-303-9986, rebekah.fawcett@usbank.com
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