U.S. Bancorp (USB) Q3 2023 Earnings Call Transcript

U.S. Bancorp (NYSE:USB) Q3 2023 Results Conference Call October 18, 2023 8:00 AM ET

Company Participants

George Andersen - Investor Relations
Andy Cecere - Chairman, President & CEO
Terry Dolan - Vice Chair & CFO
John Stern - SVP & Head of Finance

Conference Call Participants

Ebrahim Poonawala - Bank of America
John McDonald - Autonomous Research
Mike Mayo - Wells Fargo Security
John Pancari - Evercore
Scott Siefers - Piper Sandler
Erika Najarian - UBS
Gerard Cassidy - RBC
Vivek Juneja - JPMorgan
Matt O'Connor - Deutsche Bank
Ken Usdin - Jefferies

Operator

Welcome to the U.S. Bancorp Third Quarter 2023 Earnings Conference Call. Following review of the results, there will be a question-and-answer session. [Operator Instructions] This call will be recorded and available for replay beginning today at approximately 9:00 a.m. Central Time.

I will now turn the conference call over to George Andersen, Senior Vice President and Director of Investor Relations for U.S. Bancorp.

George Andersen

Thank you, Brad, and good morning, everyone. With me today are Andy Cecere, our Chairman, President and Chief Executive Officer; Terry Dolan, Vice Chair and Chief Administration Officer; and John Stern, Senior Executive Vice President and Chief Financial Officer. During their initial prepared remarks, Andy and John will be referencing a slide presentation. A copy of the presentation, our earnings release and supplemental analyst schedules are available on our website at usbank.com.

Please note that any forward-looking statements made during today's call are subject to risk and uncertainty. Factors materially change our current forward-looking assumptions are described on Page 2 of today's presentation, our press release, our Form 10-K and in subsequent reports on file with the SEC. Following our prepared remarks, Andy, Terry and John will take any questions that you have.

I will now turn the call over to