MINNEAPOLIS--(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.