In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss one particularly confident statement that US Bancorp (USB +0.55%) CFO Andrew Cerere made yesterday, regarding some of the metrics from the bank's first quarter in 2013: "We are number one, number one and number one." In the video, Matt discusses how US Bancorp stacks up against other banks in terms of return on assets, return on equity, and efficiency ratio, and shows why Cerere has good reason to be proud.
"We Are Number One, Number One, and Number One"
By Matt Koppenheffer and David Hanson – May 23, 2013 at 7:48PM
NYSE: USB
U.S. Bancorp
Market Cap
$74B
Today's Change
(0.55%) $0.26
Current Price
$47.58
Price as of November 10, 2025 at 4:00 PM ET
US Bancorp CFO Andrew Cerere makes a delightfully confident statement about the bank's Q1 2013 numbers.
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.