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U.S. BANCORP 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and U.S. BANCORP’s Form 8-K, filed April 17, 2025 (Item 5.07 on EDGAR). Page generated October 25, 2026.

  • 17Reported items
  • 1,286Asset managers
  • 16,510Fund votes
  • April 15, 2025Meeting date

Results at a glance

Meeting of April 15, 2025: 16 items on U.S. BANCORP’s Form 8-K, filed April 17, 2025: 13 elected · 1 approved · 1 not approved · 1 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore U.S. BANCORP in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by U.S. BANCORP

These tallies are U.S. BANCORP’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed April 17, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

U.S. BANCORP — official shareholder meeting results, meeting held April 15, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Warner L. Baxter 1,204,762,00313,479,9963,359,351 --164,636,478 99%Elected—
Elect Director: Dorothy Bridges 1,204,791,73313,686,9853,122,632 --164,636,478 99%Elected—
Elect Director: Elizabeth L. Buse 1,210,055,5548,397,2243,148,572 --164,636,478 99.3%Elected—
Elect Director: Andrew Cecere 1,195,117,46523,369,4963,114,389 --164,636,478 98%Elected—
Elect Director: Alan B. Colberg 1,211,337,2606,989,2353,274,855 --164,636,478 99.4%Elected—
Elect Director: Kimberly N. Ellison-Taylor 1,208,583,3439,859,4363,158,571 --164,636,478 99.1%Elected—
Elect Director: Aleem Gillani 1,211,971,7605,784,1893,845,401 --164,636,478 99.5%Elected—
Elect Director: Roland A. Hernandez 1,161,150,80857,226,4963,224,046 --164,636,478 95%Elected—
Elect Director: Gunjan Kedia 1,210,818,9337,062,0533,720,364 --164,636,478 99.4%Elected—
Elect Director: Richard P. McKenney 1,185,618,56232,648,5503,334,238 --164,636,478 97%Elected—
Elect Director: Yusuf I. Mehdi 1,209,085,7628,710,7153,804,873 --164,636,478 99.2%Elected—
Elect Director: Loretta E. Reynolds 1,210,438,5447,460,7753,702,031 --164,636,478 99.3%Elected—
Elect Director: John P. Wiehoff 1,209,246,5208,505,0043,849,826 --164,636,478 99.3%Elected—
2. Advisory vote to approve the compensation of the Company's executive officers as disclosed in the Proxy Statement 1,109,966,593104,986,5636,648,194 --164,636,478 91%Not verified—
3. Ratification of the selection of Ernst & Young LLP as the Company's independent auditor for the 2025 fiscal year 1,337,907,00144,667,8123,663,015 ---- 97%Approved—
4. Shareholder proposal regarding a report on board oversight of risks relating to discrimination 21,258,9541,183,917,81916,424,577 --164,636,478 2%Not approved—

Source: U.S. BANCORP, Form 8-K, filed with the SEC on April 17, 2025 — read the filing on EDGAR.

How asset managers voted at the U.S. BANCORP 2024-2025 meeting

Each item below shows how the 1,286 asset managers that disclosed a U.S. BANCORP vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of U.S. BANCORP’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Director: Warner L. Baxter

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 1,204,762,003AGAINST: 13,479,996
Details: description as filed, official tally, votes by 213 asset managers

Description as filed by funds: The election of each of the 14 directors named in the proxy statement: Warner L. Baxter

U.S. BANCORP’s own tally for this item (“Elect Director: Warner L. Baxter”): 1,204,762,003 for, 13,479,996 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The Company's shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 213 asset managers below reported 499,649,431 for, 12,385 against, 1 withheld, 288,246 abstained, 750 unknown.

FOR
FOR: 499,649,431AGAINST: 12,385ABSTAIN: 288,246WITHHOLD: 1UNKNOWN: 750
Largest asset managers voting on “The election of each of the 14 directors named in the proxy statement: Warner L. Baxter” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,6920 00For
JPMorgan13,839,7750 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial3,336,5270 00For
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 213 asset managers. See all 213 in the interactive database.

2. Elect Director: Dorothy Bridges

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 1,204,791,733AGAINST: 13,686,985
Details: description as filed, official tally, votes by 213 asset managers

Description as filed by funds: The election of each of the 14 directors named in the proxy statement: Dorothy Bridges

U.S. BANCORP’s own tally for this item (“Elect Director: Dorothy Bridges”): 1,204,791,733 for, 13,686,985 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The Company's shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 213 asset managers below reported 499,655,717 for, 37,564 against, 1 withheld, 256,779 abstained, 750 unknown.

FOR
FOR: 499,655,717AGAINST: 37,564ABSTAIN: 256,779WITHHOLD: 1UNKNOWN: 750
Largest asset managers voting on “The election of each of the 14 directors named in the proxy statement: Dorothy Bridges” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,6920 00For
JPMorgan13,839,7750 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial3,336,5270 00For
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 213 asset managers. See all 213 in the interactive database.

3. Elect Director: Elizabeth L. Buse

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 1,210,055,554AGAINST: 8,397,224
Details: description as filed, official tally, votes by 213 asset managers

Description as filed by funds: The election of each of the 14 directors named in the proxy statement: Elizabeth L. Buse

U.S. BANCORP’s own tally for this item (“Elect Director: Elizabeth L. Buse”): 1,210,055,554 for, 8,397,224 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The Company's shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 213 asset managers below reported 499,643,797 for, 49,482 against, 1 withheld, 256,781 abstained, 750 unknown.

FOR
FOR: 499,643,797AGAINST: 49,482ABSTAIN: 256,781WITHHOLD: 1UNKNOWN: 750
Largest asset managers voting on “The election of each of the 14 directors named in the proxy statement: Elizabeth L. Buse” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,6920 00For
JPMorgan13,839,7750 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial3,336,5270 00For
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 213 asset managers. See all 213 in the interactive database.

4. Elect Director: Andrew Cecere

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 1,195,117,465AGAINST: 23,369,496
Details: description as filed, official tally, votes by 213 asset managers

Description as filed by funds: The election of each of the 14 directors named in the proxy statement: Andrew Cecere

U.S. BANCORP’s own tally for this item (“Elect Director: Andrew Cecere”): 1,195,117,465 for, 23,369,496 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The Company's shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 213 asset managers below reported 499,359,227 for, 509,095 against, 1 withheld, 256,778 abstained, 750 unknown.

FOR
FOR: 499,359,227AGAINST: 509,095ABSTAIN: 256,778WITHHOLD: 1UNKNOWN: 750
Largest asset managers voting on “The election of each of the 14 directors named in the proxy statement: Andrew Cecere” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,565127 00For
JPMorgan13,839,7750 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial3,336,5270 00For
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 213 asset managers. See all 213 in the interactive database.

5. Elect Director: Alan B. Colberg

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 1,211,337,260AGAINST: 6,989,235
Details: description as filed, official tally, votes by 213 asset managers

Description as filed by funds: The election of each of the 14 directors named in the proxy statement: Alan B. Colberg

U.S. BANCORP’s own tally for this item (“Elect Director: Alan B. Colberg”): 1,211,337,260 for, 6,989,235 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The Company's shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 213 asset managers below reported 499,681,895 for, 11,376 against, 1 withheld, 256,789 abstained, 750 unknown.

FOR
FOR: 499,681,895AGAINST: 11,376ABSTAIN: 256,789WITHHOLD: 1UNKNOWN: 750
Largest asset managers voting on “The election of each of the 14 directors named in the proxy statement: Alan B. Colberg” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,6920 00For
JPMorgan13,839,7750 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial3,336,5270 00For
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 213 asset managers. See all 213 in the interactive database.

6. Elect Director: Kimberly N. Ellison-Taylor

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%
FOR: 1,208,583,343AGAINST: 9,859,436
Details: description as filed, official tally, votes by 213 asset managers

Description as filed by funds: The election of each of the 14 directors named in the proxy statement: Kimberly N. Ellison-Taylor

U.S. BANCORP’s own tally for this item (“Elect Director: Kimberly N. Ellison-Taylor”): 1,208,583,343 for, 9,859,436 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The Company's shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Support: 99.1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 213 asset managers below reported 499,656,010 for, 37,270 against, 1 withheld, 256,781 abstained, 750 unknown.

FOR
FOR: 499,656,010AGAINST: 37,270ABSTAIN: 256,781WITHHOLD: 1UNKNOWN: 750
Largest asset managers voting on “The election of each of the 14 directors named in the proxy statement: Kimberly N. Ellison-Taylor” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,6920 00For
JPMorgan13,839,7750 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial3,336,5270 00For
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 213 asset managers. See all 213 in the interactive database.

7. Elect Director: Aleem Gillani

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 1,211,971,760AGAINST: 5,784,189
Details: description as filed, official tally, votes by 213 asset managers

Description as filed by funds: The election of each of the 14 directors named in the proxy statement: Aleem Gillani

U.S. BANCORP’s own tally for this item (“Elect Director: Aleem Gillani”): 1,211,971,760 for, 5,784,189 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The Company's shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 213 asset managers below reported 499,681,204 for, 12,066 against, 1 withheld, 256,791 abstained, 750 unknown.

FOR
FOR: 499,681,204AGAINST: 12,066ABSTAIN: 256,791WITHHOLD: 1UNKNOWN: 750
Largest asset managers voting on “The election of each of the 14 directors named in the proxy statement: Aleem Gillani” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,6920 00For
JPMorgan13,839,7750 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial3,336,5270 00For
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 213 asset managers. See all 213 in the interactive database.

8. Elect Director: Roland A. Hernandez

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 1,161,150,808AGAINST: 57,226,496
Details: description as filed, official tally, votes by 213 asset managers

Description as filed by funds: The election of each of the 14 directors named in the proxy statement: Roland A. Hernandez

U.S. BANCORP’s own tally for this item (“Elect Director: Roland A. Hernandez”): 1,161,150,808 for, 57,226,496 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The Company's shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 213 asset managers below reported 498,889,813 for, 803,462 against, 1 withheld, 256,785 abstained, 750 unknown.

FOR
FOR: 498,889,813AGAINST: 803,462ABSTAIN: 256,785WITHHOLD: 1UNKNOWN: 750
Largest asset managers voting on “The election of each of the 14 directors named in the proxy statement: Roland A. Hernandez” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,334358 00For
JPMorgan13,839,7750 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,202,018714,125 00Mixed
Lincoln Financial3,336,5270 00For
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 213 asset managers. See all 213 in the interactive database.

9. Elect Director: Richard P. McKenney

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 1,185,618,562AGAINST: 32,648,550
Details: description as filed, official tally, votes by 213 asset managers

Description as filed by funds: The election of each of the 14 directors named in the proxy statement: Richard P. McKenney

U.S. BANCORP’s own tally for this item (“Elect Director: Richard P. McKenney”): 1,185,618,562 for, 32,648,550 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The Company's shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 213 asset managers below reported 498,673,722 for, 988,094 against, 1 withheld, 288,243 abstained, 750 unknown.

FOR
FOR: 498,673,722AGAINST: 988,094ABSTAIN: 288,243WITHHOLD: 1UNKNOWN: 750
Largest asset managers voting on “The election of each of the 14 directors named in the proxy statement: Richard P. McKenney” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,6920 00For
JPMorgan13,839,7750 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial2,994,371342,156 00Mixed
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 213 asset managers. See all 213 in the interactive database.

10. Elect Director: Loretta E. Reynolds

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 1,210,438,544AGAINST: 7,460,775
Details: description as filed, official tally, votes by 213 asset managers

Description as filed by funds: The election of each of the 14 directors named in the proxy statement: Loretta E. Reynolds

U.S. BANCORP’s own tally for this item (“Elect Director: Loretta E. Reynolds”): 1,210,438,544 for, 7,460,775 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The Company's shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 213 asset managers below reported 499,656,193 for, 5,637 against, 1 withheld, 288,230 abstained, 750 unknown.

FOR
FOR: 499,656,193AGAINST: 5,637ABSTAIN: 288,230WITHHOLD: 1UNKNOWN: 750
Largest asset managers voting on “The election of each of the 14 directors named in the proxy statement: Loretta E. Reynolds” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,6920 00For
JPMorgan13,839,7750 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial3,336,5270 00For
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 213 asset managers. See all 213 in the interactive database.

11. Elect Director: John P. Wiehoff

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 1,209,246,520AGAINST: 8,505,004
Details: description as filed, official tally, votes by 213 asset managers

Description as filed by funds: The election of each of the 14 directors named in the proxy statement: John P. Wiehoff

U.S. BANCORP’s own tally for this item (“Elect Director: John P. Wiehoff”): 1,209,246,520 for, 8,505,004 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The Company's shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 213 asset managers below reported 499,687,548 for, 5,720 against, 1 withheld, 256,791 abstained, 750 unknown.

FOR
FOR: 499,687,548AGAINST: 5,720ABSTAIN: 256,791WITHHOLD: 1UNKNOWN: 750
Largest asset managers voting on “The election of each of the 14 directors named in the proxy statement: John P. Wiehoff” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,6920 00For
JPMorgan13,839,7750 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial3,336,5270 00For
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 213 asset managers. See all 213 in the interactive database.

12. Elect Director: Gunjan Kedia

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 1,210,818,933AGAINST: 7,062,053
Details: description as filed, official tally, votes by 212 asset managers

Description as filed by funds: The election of each of the 14 directors named in the proxy statement: Gunjan Kedia

U.S. BANCORP’s own tally for this item (“Elect Director: Gunjan Kedia”): 1,210,818,933 for, 7,062,053 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The Company's shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 212 asset managers below reported 499,681,677 for, 5,622 against, 1 withheld, 256,781 abstained, 750 unknown.

FOR
FOR: 499,681,677AGAINST: 5,622ABSTAIN: 256,781WITHHOLD: 1UNKNOWN: 750
Largest asset managers voting on “The election of each of the 14 directors named in the proxy statement: Gunjan Kedia” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,6920 00For
JPMorgan13,839,7750 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial3,336,5270 00For
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 212 asset managers. See all 212 in the interactive database.

13. Elect Director: Yusuf I. Mehdi

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 1,209,085,762AGAINST: 8,710,715
Details: description as filed, official tally, votes by 212 asset managers

Description as filed by funds: The election of each of the 14 directors named in the proxy statement: Yusuf I. Mehdi

U.S. BANCORP’s own tally for this item (“Elect Director: Yusuf I. Mehdi”): 1,209,085,762 for, 8,710,715 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The Company's shareholders elected each of the thirteen nominees for director, and the voting results are set forth below:”
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 212 asset managers below reported 499,681,533 for, 5,759 against, 1 withheld, 256,788 abstained, 750 unknown.

FOR
FOR: 499,681,533AGAINST: 5,759ABSTAIN: 256,788WITHHOLD: 1UNKNOWN: 750
Largest asset managers voting on “The election of each of the 14 directors named in the proxy statement: Yusuf I. Mehdi” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,6920 00For
JPMorgan13,839,7750 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial3,336,5270 00For
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 212 asset managers. See all 212 in the interactive database.

14. Election of Director: Kimberly J. Harris

No official matchDIRECTOR ELECTIONS

Combines 8 wordings of this item as funds reported it.

93% of fund votes cast · no official result

ABSTAIN
Details: votes by 111 asset managers

The 111 asset managers below reported 13,773,008 for, 67,947 against, 910,273 withheld, 139,498,181 abstained, 1,261,247 not voted, 252,049 unknown. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 13,773,008AGAINST: 67,947ABSTAIN: 139,498,181WITHHOLD: 910,273NOT VOTED: 1,261,247UNKNOWN: 252,049
Largest asset managers voting on “Election of Director: Kimberly J. Harris” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 50,698,5720Abstain
BlackRock27,1820 46,550,5940Abstain
JPMorgan00 13,839,7750Abstain
VanEck ETF Trust00 7,921,0620Abstain
Federated Hermes5,903,0500 00For
Bridge Builder Trust00 3,916,1430Abstain
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
MASTER INVESTMENT PORTFOLIO00 2,429,8730Abstain
Jackson National00 2,268,6200Abstain
John Hancock00 2,059,6380Abstain
Prudential/PGIM1,986,8190 00For
Lincoln Financial68,9300 874,397910,121Mixed
TRUST FOR PROFESSIONAL MANAGERS1,770,7680 62,2470For
Six Circles Trust00 1,533,8550Abstain
Vanguard00 1,425,4200Abstain
Brighthouse00 55,4230Abstain
ADVISORS' INNER CIRCLE FUND00 772,5430Abstain
HARBOR FUNDS00 770,4000Abstain
TOUCHSTONE FUNDS GROUP TRUST00 649,3580Abstain
Russell Investments00 405,0100Abstain
Cardano Risk Management B.V.00 400,4550Abstain
Principal00 342,1510Abstain
Managed Portfolio Series170,5070 170,3000Mixed
SEI00 297,5010Abstain
Aristotle Funds Series Trust00 295,1000Abstain

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

15. 2. Advisory vote to approve the compensation of the Company's executive officers as disclosed in the Proxy Statement

Outcome not verifiedFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 35 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%
FOR: 1,109,966,593AGAINST: 104,986,563
Details: description as filed, official tally, votes by 1,271 asset managers

Description as filed by funds: An advisory vote to approve the compensation of our executives disclosed in the proxy statement.

U.S. BANCORP’s own tally for this item (“2. Advisory vote to approve the compensation of the Company's executive officers as disclosed in the Proxy Statement”): 1,109,966,593 for, 104,986,563 against, per its Form 8-K filed April 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 91% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of U.S. BANCORP’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Compensation” (3 managers, 44,135 for); “SECTION 14A SAY-ON-PAY VOTES” (2 managers, 3,084 for).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 200 asset managers voting on “An advisory vote to approve the compensation of our executives disclosed in the proxy statement.” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,6920 00For
JPMorgan129,57613,710,199 00Against
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial3,277,11159,416 00For
First Trust3,194,0950 00For
TIAA03,073,805 00Against
Prudential/PGIM2,620,629428,265 00Mixed
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Fund voting reports, all 200 managers: 477,217,807 for, 22,161,829 against, 1 withheld, 257,026 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1,098 asset managers voting on “An advisory vote to approve the compensation of our executives disclosed in the proxy statement.” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab50,863,7180 00For
BlackRock48,580,75510,328 00For
Fidelity46,084,2530 00For
MUFG Bank, Ltd.44,374,1550 00For
State Street42,092,8720 00For
GEODE CAPITAL MANAGEMENT, LLC34,482,6370 00For
JPMorgan028,816,239 00Against
VIKING GLOBAL INVESTORS LP28,075,8740 00For
Aristotle Capital Management, LLC21,172,3310 00For
Invesco18,608,0160 00For
DAVIS SELECTED ADVISERS15,947,6440 00For
T. Rowe Price14,540,698202,226 00For
Northern Trust14,160,7040 00For
Amundi012,991,480 00Against
Grantham, Mayo, Van Otterloo & Co. LLC12,016,1830 00For
Vanguard10,179,4160 00For
Federated Hermes9,158,3090 00For
American Century8,974,3100 00For
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC8,642,3820 00For
FRANKLIN ADVISERS INC8,344,7950 00For
First Eagle Investment Management, LLC8,036,6330 00For
RBC Capital Markets, LLC7,948,2430 00For
VAN ECK ASSOCIATES CORP7,937,7520 00For
MELLON INVESTMENTS Corp07,240,433 00Against
UBS6,764,332110,651 00For

Institutional-manager reports, all 1,098 managers: 666,365,751 for, 78,086,869 against, 1,384,010 abstained, 111,873 not voted, 17,743 unknown. Showing the 25 largest; see all in the interactive database.

16. 3. Ratification of the selection of Ernst & Young LLP as the Company's independent auditor for the 2025 fiscal year

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 8 wordings of this item as funds reported it.

97% Approved · of votes cast

FOR 97%
FOR: 1,337,907,001AGAINST: 44,667,812
Details: description as filed, official tally, votes by 215 asset managers

Description as filed by funds: The ratification of the selection of Ernst & Young LLP as our independent auditor for the 2025 fiscal year.

U.S. BANCORP’s own tally for this item (“3. Ratification of the selection of Ernst & Young LLP as the Company's independent auditor for the 2025 fiscal year”): 1,337,907,001 for, 44,667,812 against — passed, per its Form 8-K filed April 17, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The Company's shareholders ratified the selection of Ernst & Young LLP, and the voting results are set forth below:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 215 asset managers below reported 499,170,578 for, 698,792 against, 256,737 abstained, 1,340 unknown.

FOR
FOR: 499,170,578AGAINST: 698,792ABSTAIN: 256,737UNKNOWN: 1,340
Largest asset managers voting on “The ratification of the selection of Ernst & Young LLP as our independent auditor for the 2025 fiscal year.” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard146,619,8140 00For
Fidelity71,578,4500 00For
Charles Schwab50,698,5720 00For
BlackRock46,577,7760 00For
State Street18,451,334358 00For
JPMorgan13,710,199129,576 00For
Invesco12,203,3280 00For
American Century11,357,9110 00For
Victory Capital8,383,1550 00For
VanEck ETF Trust7,921,0620 00For
Franklin Custodian Funds7,500,0000 00For
FIRST EAGLE FUNDS6,621,8580 00For
Dimensional6,374,8250 00For
Federated Hermes5,903,0500 00For
T. Rowe Price5,610,9700 00For
DAVIS NEW YORK VENTURE FUND INC5,148,9750 00For
GMO5,045,6130 00For
Legg Mason4,021,7010 00For
Bridge Builder Trust3,916,1430 00For
Lincoln Financial3,336,5270 00For
First Trust3,194,0950 00For
TIAA3,073,8050 00For
Prudential/PGIM3,048,8940 00For
CITY NATIONAL ROCHDALE FUNDS2,660,2580 00For
Equitable2,452,8960 00For

Showing the 25 largest of 215 asset managers. See all 215 in the interactive database.

17. 4. Shareholder proposal regarding a report on board oversight of risks relating to discrimination

Official resultDIVERSITY, EQUITY, AND INCLUSIONReported outcome: Not approved

Combines 6 wordings of this item as funds reported it.

2% Not approved · of votes cast

AGAINST
FOR: 21,258,954AGAINST: 1,183,917,819
Details: description as filed, official tally, votes by 209 asset managers

Description as filed by funds: A shareholder proposal regarding a report on board oversight of risks relating to discrimination.

U.S. BANCORP’s own tally for this item (“4. Shareholder proposal regarding a report on board oversight of risks relating to discrimination”): 21,258,954 for, 1,183,917,819 against — failed, per its Form 8-K filed April 17, 2025 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “The Company's shareholders did not approve the shareholder proposal regarding a report on board oversight of risks relating to discrimination, and the voting results are set forth below:”
Support: 2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 209 asset managers below reported 191,807 for, 498,412,594 against, 3 withheld, 953,504 abstained, 1,500 not voted, 750 unknown.

AGAINST
FOR: 191,807AGAINST: 498,412,594ABSTAIN: 953,504WITHHOLD: 3NOT VOTED: 1,500UNKNOWN: 750
Largest asset managers voting on “A shareholder proposal regarding a report on board oversight of risks relating to discrimination.” at U.S. BANCORP, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard0146,619,814 00Against
Fidelity071,578,450 00Against
Charles Schwab050,698,572 00Against
BlackRock046,577,776 00Against
State Street018,451,692 00Against
JPMorgan129,57613,710,199 00Against
Invesco012,203,328 00Against
American Century011,357,911 00Against
Victory Capital08,383,155 00Against
VanEck ETF Trust07,921,062 00Against
Franklin Custodian Funds07,500,000 00Against
FIRST EAGLE FUNDS06,621,858 00Against
Dimensional06,374,825 00Against
Federated Hermes05,903,050 00Against
T. Rowe Price05,610,970 00Against
DAVIS NEW YORK VENTURE FUND INC05,148,975 00Against
GMO05,045,613 00Against
Legg Mason04,021,701 00Against
Bridge Builder Trust03,916,143 00Against
Lincoln Financial03,286,069 00Against
First Trust03,194,095 00Against
TIAA03,073,805 00Against
Prudential/PGIM03,048,894 00Against
CITY NATIONAL ROCHDALE FUNDS02,660,258 00Against
Equitable02,452,896 00Against

Showing the 25 largest of 209 asset managers. See all 209 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of April 16, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest U.S. BANCORP shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 1,600,000,000 shares outstanding at the time of that meeting.

Fund voting reports: top U.S. BANCORP shareholders by shares voted on “An advisory vote to approve the compensation of our executives disclosed in the proxy statement.”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 9.16%
2Fidelity 4.47%
3Charles Schwab 3.17%
4BlackRock 2.91%
5State Street 1.15%
6JPMorgan 0.86%
7Invesco 0.76%
8American Century 0.71%
9Victory Capital 0.52%
10VanEck ETF Trust 0.50%
Institutional-manager reports: top U.S. BANCORP shareholders by shares voted on “An advisory vote to approve the compensation of our executives disclosed in the proxy statement.”, 2024-2025
#Asset manager % of shares outstanding
1Charles Schwab 3.18%
2BlackRock 3.04%
3Fidelity 2.88%
4MUFG Bank, Ltd. 2.77%
5State Street 2.63%
6GEODE CAPITAL MANAGEMENT, LLC 2.16%
7JPMorgan 1.80%
8VIKING GLOBAL INVESTORS LP 1.75%
9Aristotle Capital Management, LLC 1.32%
10Invesco 1.16%

Reported U.S. BANCORP holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

U.S. BANCORP holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Group 8.83% 13F
BlackRock 7.76% 13F
State Street 4.32% 13F
FMR (Fidelity) 4.22% 13F
JPMorgan Chase 2.11% 13F
Morgan Stanley 1.71% 13F
Northern Trust 1.04% 13F
Invesco 1.03% 13F
Norges Bank 0.92% 13F

Percentages above are of 1,600,000,000 shares outstanding, as reported by U.S. BANCORP on its Form 10-K dated December 31, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from U.S. BANCORP’s 10-K dated December 31, 2024. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.

At U.S. BANCORP's shareholder meeting held April 15, 2025, in the 2024-2025 proxy season, 1,286 asset managers reported how they voted in their SEC Form N-PX filings, covering 16,510 separate fund positions. Their filings are grouped here into 17 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — An advisory vote to approve the compensation of our executives disclosed in the proxy statement. — FOR was 91% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: U.S. BANCORP's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on April 17, 2025.

U.S. BANCORP proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.