U.S. Bancorp.

U.S. Bancorp is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The company operates through three major business segments: Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; and Payment Services, supported by a Treasury and Corporate Support segment. It serves approximately 15 million clients globally with nearly 70,000 employees across 2,061 branches and 4,457 ATMs. Its diversified business mix spans core banking, specialized lending, capital markets, asset management, brokerage, trust and investment management (with $581.7 billion in assets under management), merchant processing (through its Elavon subsidiary), corporate and consumer credit cards, treasury management, and mortgage banking. The company recently completed the acquisition of BTIG, expanding its capital markets capabilities to include institutional equity sales and trading, equity capital markets, electronic trading, and M&A advisory services, with a target of growing capital markets revenue to 10%+ of total company revenue over time. Updated Jul 16, 2026