U.S. Bancorp (NYSE:USBpH.PFD)

$ 22.88 -0.2 (-0.87%) Market Cap: - Enterprise Value: 44.63 Bil PE Ratio: 16.14 PB Ratio: 1.58 GF Score: 72/100

U.S. Bancorp at Deutsche Bank Global Financial Services Investor Conference Transcript

May 28, 2019 / 02:15PM GMT

Release Date Price: $19.46 (+0.10%)

Transcript

Matthew D. O;Connor

Deutsche Bank AG, Research Division - MD in Equity Research

' -

Okay. Thanks. We're ready to get started. Up next, we have U.S. Bank. And joining us from USB is Shailesh Kotwal, Vice Chair and Head of Payment Services at USB. As many of you know, the payments business is a differentiator at USB versus many of its peers. It includes several businesses within that segment: retail payments, merchant acquiring, corporate government payments.

So Shailesh is going to present some slides here for about 10, 15 minutes, and then we'll go to a fireside chat and any questions from the audience.

So Shailesh, welcome.

Shailesh M. Kotwal

U.S. Bancorp - Vice Chairman of Payment Services

Thank you. Thanks, Matt, and good morning, everybody. Let's get started here.

So before I begin, let me remind you that any forward-looking statements made here today are subject to risk and uncertainty. And I'd point you to Slide #2 here for more information on this topic.

As you know, U.S. Bank is the fifth largest

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