US Bank Corp. Analysis - 2538 Words

Finance 421 US Bank Corp. Analysis Analysis of the financial position of US Bank [Type the author name] 12/1/2012 US Bank Corporation (USB) is a commercial bank which offers customers checking accounts, savings accounts, and time services contracts. The bank trades in financial securities but its main source of revenue is various types of loans. These loans range from residential and commercial real estate loans, industry loans, and other individual loans. In this analysis the overall strength of US Bank will be evaluated and will be compared with two similar financial institutions. The two institutions chosen for comparison are Wells Fargo (WFC) and Bank of America (BAC). To evaluate the overall strength the major†¦show more content†¦The largest liability for the three financial institutions are interest bearing deposits. Wells Fargo holds the largest proportion at 50.14% followed by US Bank at 47.70% and then Bank of America at 32.40%. US Bank holds and Wells Fargo have similar proportions of this liability. While these liabilities accrue interest the banks do have to expect frequent cash outflows from this. The three banks third largest liabilities are noninterest-bearing deposits with US Bank having the largest proportion of 23.36%, followed by Wells Fargo at 21.93% and Bank of America at 18.97%. These proportions seems relatively similar to each other but with US Bank’s higher proportion they should be weary. These noninterest bearing accounts are likely to be checking outs and while they do not accrue interest you can expect frequent withdrawals from customers which should keep them weary of loaning out too much money. Finally all three banks have listed other borrowed money as their third largest liabilities. This includes mortgage indebtedness and obligations under capitalized leases. Bank of America has the largest proportion of 14.24%. Next is US Bank with 13.66% and then Wells Fargo with 9.62%. These proportions also seem quite similar too each other. Interest Revenue, last Quarter US Bank largest source of revenue isShow MoreRelatedOSHA ´s Whistleblower Protection Program Essay examples1003 Words   |  5 Pagesconduct may file a complaint with the secretary of labor to request an investigation by OSHAs Whistleblower Protection Program (OSHA, 2011). Foster filed a Sarbanes-Oxley Act whistleblower complaint with OSHA because of her wrongful termination from Bank of America. She worked previously as an internal investigator at Countrywide at the corporate level and a witness for the governments Financial Crisis Inquiry Commission for Countrywide (Benoit, 2011). In September 2011, OSHA ruled that Foster hadRead MoreEssay about Wells Fargo Financial Analysis1348 Words   |  6 PagesWells Fargo Financial Analysis For this project, we researched Wells Fargo?s performance in the last couple of years as a way to check on its progress to greatness. 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