Description
SWOT ANALYSIS OF U.S. BANKCORP

U.S. Bancorp

Parent Company

U.S. Bancorp

Category

Banking

Sector

Financial services

Tagline/ Slogan

All of us serving you

USP

Bank offering varied services at a level which no other bank can offer

STP

Segment

Institutions and individual clients

Small, medium, commercial, government, corporate clients and Target Group individuals in need of financial assistance

Bank having stability and expertise to provide all the company’s financial Positioning needs

SWOT Analysis

1.One of the top five commercial bank in US with over 3,000 branches and 5000 ATMs 2. Ranked top in customer satisfaction serving over 15 million customers through 60,000+ employees 3. Performance ratios like return on assets (ROA), return on average common equity and efficiency are among the best in the industry 4. Ranked #1 in Overall Online Customer Experience in Credit Card Strength Prospects in US from Keynote Competitive Research

1. Limited global presence as compared to the leading global banks 2.In terms of branches, the bank lags behind Big 4 US Banks (BOA, Citi, JPMC & Wells Fargo) Weakness 3.Weaker presence in debit card services

1. High opportunity to expand its presence in North American markets like Canada and Mexico 2.Opportunities in the credit card segment increase revenue expansion of payment services division 3.Introduction of new renewable energy tax equity fund with Sunrun will help in expansion of bank’s business in the rapidly growing renewable energy sector Opportunity 4.Asset management industry expansion likely to increase revenues

1. Changes in US regulatory policies will affect the US banking system 2.Decrease in demand for home loans and investments will have a Threats significant effect on the US banks

Competition

1.Bank of America (BOA) 2.Citi Bank 3.JP Morgan Chase Competitors 4.Wells Fargo



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