US Bancorp
USBCompany Overview
U.S. Bancorp operates as a bank holding company, which offers financial services including lending and depository services, cash management, foreign exchange and trust and investment management. The firm also offers mortgage, refinance, auto, boat and RV loans, credit lines, credit card services, merchant, bank, checking and savings accounts, debit cards, online and mobile banking, ATM processing, mortgage banking, insurance, brokerage and leasing services. The company was founded on April 2, 1929, and is headquartered in Minneapolis, MN.
Country
US
Market Cap
$67.52B
Last Fiscal Year
2023
Final Shariah Status
Failed
Compliance Analysis Overview
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
41.32%
failed
Liabilities Compliance
93.22%
failed
Final Shariah Status
Failed
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | US Bancorp |
| Ticker | USB |
| Main Business | Banks - Regional |
| Type | Common Stock |
| Industry | Banks - Regional |
| Country | US |
| Market Cap | $67.52 B |
Shariah Analysis Breakdown
Business compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Consumer and Business Banking | $8,460.0 | $8,460.0 | Banking |
| Payment Services | $6,300.0 | $0.0 | - |
| Wealth, Corporate, Commercial and Institutional Banking | $4,480.0 | $4,480.0 | Banking |
| Commercial and Institutional Banking | $4,180.0 | $4,180.0 | Banking |
| Treasury and Corporate Support | $892.0 | $0.0 | - |
| Interest income | $0.0 | $0.0 | - |
| Total | $24,312.0 | $17,120.0 | 41.32% (failed) |
Liabilities Compliance Breakdown
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| long term debt and capital lease obligation non current | $51,480,000,000.0 | 76.25% |
| current debt and capital lease obligation current | $11,460,000,000.0 | 16.97% |
| Total Interest-Bearing Debt | $62,940,000,000.0 | 93.22% |
| Market Capitalization | $67,516,800,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | failed |